As student loan repayments start back up this October, some stocks could benefit while others might be negatively impacted. Here's the list of winners and losers as the student loan moratorium ends.
The proposal by President Joe Biden's administration to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fines and Chrysler parent Stellantis $3 billion, according to a letter from an industry group seen by Reuters.
The Biden administration proposal to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fuel economy fines and Chrysler parent Stellantis $3 billion, according to a letter seen by Reuters.
General Motors said Monday it was indefinitely laying off about 160 workers at plants in Indiana and Ohio because of the impact of the United Auto Workers strike on some facilities.
General Motors said Monday it is indefinitely laying off about 160 workers at plants in Indiana and Ohio because of the impact of the United Auto Workers strike of some facilities.
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J.P.Morgan said on Monday the ongoing strike by the United Auto Workers (UAW) has hit the operating profit of Ford Motor by $145 million and General Motors by $191 million in the third quarter.
The National Highway Traffic Safety Administration (NHTSA) said on Monday it was upgrading and expanding its investigation into 708,000 Ford Motor sport utility vehicles and trucks over catastrophic engine failures tied to a faulty valve.
U.S. new vehicle sales likely rose in the third quarter on improving supply and steady demand, but a strike by autoworkers has muddied the outlook for the "Detroit Three" for the rest of the year, analysts said.
About 4,000 workers represented by the United Auto Workers (UAW) reached an agreement with Volvo Group-owned Mack Trucks just before Sunday at midnight ET (0400 GMT), the union and the company both said.
The coalition of unions representing healthcare workers at Kaiser Permanente said late on Saturday it is unlikely there will be a new agreement with the healthcare provider, as their current contract expires and the unions prepare for strike action.
The Biden administration proposal to hike fuel economy standards through 2032 is not feasible and could cost automakers a total of more than $14 billion in fines, an automotive group said Friday.
Quebec is in talks with battery makers and automobile companies looking to invest about C$15 billion ($11 billion) in the Canadian province over the next three years to build electric vehicle (EV) supply chains, the head of its government-owned investment company told Reuters.
The United Auto Workers are set to expand their strike of Detroit Three factories and walk off the job at one additional assembly plant at General Motors, Ford and Stellantis, three sources familiar with the matter said Friday.
The United Auto Workers are set to expand their strike of Detroit Three factories and walk off the job at one additional assembly plant at General Motors, Ford and Stellantis, three sources familiar with the matter said Friday.
The United Auto Workers will expand their strike of Detroit Three factories and walk off the job at one additional assembly plant at General Motors, Ford and Stellantis, three sources familiar with the matter said Friday.