Blue Origin LLC, the space venture founded by Jeff Bezos, will undergo a leadership change. Current CEO Bob Smith will retire on December 4 and will be replaced by Dave Limp, a senior executive at Amazon.com Inc. Smith will remain with the company until January 2 to facilitate a smooth transition. Limp will join Blue …
United Auto Workers President Shawn Fain (center) marches with UAW members through downtown Detroit after a rally in support of the union’s members as they strike the Big Three automakers, Detroit, Michigan, Sept. 15, 2023. Bill Pugliano | Getty Images DETROIT — Major automakers are challenging the United Auto Workers’ motives behind targeted strikes following …
DETROIT — The United Auto Workers (UAW) is expanding strikes to 38 parts and distribution locations across 20 states, targeting General Motors and Stellantis, according to UAW President Shawn Fain. The union will not initiate additional strikes at Ford Motor, as the company has proven its commitment to reaching a deal, Fain stated in a …
The launch of Florida’s Brightline train service between Miami and Orlando marks a significant test for privately owned high-speed passenger trains in the United States. Brightline, owned by Fortress Investment Group, is making a $5 billion bet that 8 million people will take the 3.5-hour, 235-mile trip between the state’s popular tourist hubs each …
Supporter Ryan Sullivan and members of the United Auto Workers, including Chris Sanders-Stone, Casey Miner, Kennedy R. Barbee Sr., and Stephen Brown, gather outside the Toledo, Ohio Jeep Plant on September 18, 2023. Their presence is captured in an image by Sarah Rice of Getty Images. As the deadline for expanded strikes by the United …
Stellantis Contract Proposal May Lead to Closure of 18 U.S. Facilities, Sources Say According to confidential sources, automaker Stellantis has presented a contract proposal to the United Auto Workers (UAW) union that could result in the closure of 18 facilities in the United States. However, the proposal also includes potential investments and the reutilization of …
Blue Cross Blue Shield employees show their support to members of the United Auto Workers (UAW) union as they march through the streets of downtown Detroit following a rally on the first day of the UAW strike in Detroit, Michigan, on September 15, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – The United …
Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk to build his forthcoming Tesla factory in …
WASHINGTON — President Joe Biden expressed his belief on Friday that workers should receive fair compensation as auto companies generate record profits. This statement comes after the United Auto Workers union initiated a strike against General Motors, Ford Motor, and Stellantis. In a speech at the White House, Biden acknowledged that the companies have made …
Delta’s new SkyClub at John F. Kennedy International Airport in New York. Leslie Josephs/CNBC Delta Air Lines is implementing changes to the way customers earn elite frequent flyer status, making it more challenging for many American Express cardholders to access the carrier’s airport lounges. This decision reflects the evolving landscape of luxury air travel. Effective …