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.
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.
By now, the headlines rewarding UAW (United Auto Workers) striking against the major U.S. car manufacturing firms, such as Ford Motor (NYSE: F), General Motors (NYSE: GM), and Stellantis (NYSE: STLA), have made their way to every investor's morning bulletin.
What these headlines
United Auto Workers union President Shawn Fain is expected to launch walkouts at more Detroit Three auto factories Friday, barring last-minute progress in bargaining that has moved slowly since last week.
The electric vehicle (EV) market is jam-packed with competitors ranging from younger entrants such as Tesla, Rivian, or Polestar to legacy automakers like Ford looking in new directions. One of the biggest end markets for EVs is China. And while Nio may be one of the most recogni
Tesla stock (Nasdaq:TSLA) has lost about 9% over the past five days, trading at about $244 per share. While the broader markets have been weak with the S&P 500 declining by about 4% over the same period, there have been a couple of other factors impacting Tesla stock. T
Canadian union Unifor said on Thursday it has informed General Motors that Oct. 9 has been set as the deadline for negotiating a deal with the U.S. automaker.
The United Auto Workers made a new counter-proposal to Chrysler-parent Stellantis on Thursday, just one day before the union is set to strike additional Detroit Three automotive facilities without serious progress in ongoing labor negotiations.
Consumer stocks were higher late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.1%.
The United Auto Workers made a new counter-proposal to Chrysler-parent Stellantis on Thursday, just one day before the union is set to strike additional Detroit Three automotive facilities without serious progress in ongoing labor negotiations.
The U.S. economy maintained a fairly strong pace of growth in the second quarter, the government confirmed on Thursday, and appears to have gathered momentum this quarter amid a resilient labor market.
Throughout the year, persistent inflation — including everyday costs like gasoline and groceries — has eaten into wage growth and created a broad impact across the labor market. Earlier this year we saw labor strikes for airline pilots, manufacturers, package delivery workers, and probably most famously, the Hollywood strike which has caused production issues across [...]
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The United Auto Workers (UAW) union plans to strike additional Detroit Three automotive facilities on Friday absent serious progress, a source told Reuters.
Orders for long-lasting U.S. manufactured goods rose in August as an increase in machinery offset a plunge in civilian aircraft, and business spending on equipment appeared to regain some momentum after faltering early in the third quarter.
Reuters
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