Stellantis NV
Ford, UAW reach local labor deal to avert strike at Kentucky plant
Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, U.S., April 27, 2023. Joe White | Reuters Ford and a United Auto Workers local union reached a tentative deal on Wednesday to avert a strike at the automaker’s most profitable plant. The UAW had threatened that nearly 9,000 workers […]
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Biden administration to reportedly rest EV rule on tailpipe emissions
U.S. President Joe Biden solutions questions from reporters soon after driving a Jeep Wrangler Rubicon Xe around the White Residence driveway following remarks in the course of an celebration on the South Lawn of the White Dwelling August 5, 2021 in Washington, DC. Biden shipped remarks on the administration’s efforts to fortify American leadership on […]
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Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]
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UAW threatens to strike Ford truck plant in Kentucky if local issues aren't resolved
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands aren’t resolved by next week. The Detroit union on Friday […]
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Shares creating the largest moves midday: Cisco Programs, Twilio, Tremendous Micro Personal computer and a lot more
Check out out the corporations making headlines in midday investing. Cisco Techniques — The tech firm’s shares dropped 4.4% just after it posted declining fiscal second-quarter profits. Cisco also issued a lighter-than-expected forecast for the third quarter and declared a downsizing prepare that would guide to a 5% reduction in careers . Twilio — The […]
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Jeep, Dodge-maker Stellantis' income slides as Detroit 3 strikes chunk
(L-R) United Car Staff (U.A.W.) users Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outdoors the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Illustrations or photos Global automobile large Stellantis on Thursday described a 10% year-on-12 months slide in gain in the 2nd 50 percent of 2023, […]
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Inventory futures rise a little bit as marketplace rally seeks to regain momentum: Are living updates
Inventory futures rose Thursday as Wall Street looked to build on a modest rebound with key economic info on deck. Futures tied to the Dow Jones Industrial Typical ticked up 53 details, or .1%. S&P 500 futures were .1% greater together with Nasdaq-100 futures. Stocks rallied on Wednesday but did not erase all of the […]
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Chrysler reveals new Halcyon concept car as direction for future EVs
The Chrysler Halcyon concept car. Stellantis DETROIT — Chrysler revealed the direction of its future products on Tuesday with a new concept car called “Halcyon,” as the once prominent auto company attempts to drum up attention amid a dearth of new products. The concept car is a sleek, future-looking sports car that’s designed to incorporate […]
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Manufacturing and construction are hiring — but there aren't enough people trained to fill the jobs
Construction workers erect a building in downtown Miami, Florida, on June 14, 2023. Jim Watson | AFP | Getty Images At Ample’s manufacturing facilities in the Bay Area, employees work on the floor alongside robots, making battery packs and other parts for its EV battery swapping technology. The job is clean, high-tech and skilled – […]
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UAW endorses President Joe Biden for reelection over Trump
U.S. President Joe Biden speaks to United Auto Workers members at the UAW’s Community Action Program (CAP) legislative conference in Washington, U.S., January 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, UAW President Shawn Fain announced Wednesday at a union conference in Washington, […]
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