Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor.
Nissan Motor Co said on Monday all its new European models will be fully electric and it plans to sell only electric vehicles (EVs) on the continent by 2030, joining a growing number of carmakers shifting to electric by the end of the decade.
Canadian union Unifor on Monday announced General Motors as its second bargaining "target" in contract talks with the Detroit Three, a day after ratifying a new three-year contract with Ford Motor.
The U.S. auto industry is experiencing turbulence as the United Auto Workers (UAW) strike is intensifying. The strike, which began on Sep 15, at three plants has now expanded its reach to 38 parts and distribution centers across 2
Ford Motor Co.’s (F) shares gained 1.9% following progress in talks with the company’s striking United Auto Workers union. Activision Blizzard Inc. ‘s (ATVI) shares rose 1.7% after the antitrust authority of Britain cleared Micro
December S&P 500 futures (ESZ23) are down -0.25%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.27% this morning as the benchmark U.S. 10-year yield rose toward a 15-year high, while market participants looked ahead to the release of the Fed’s favorite inflation gauge as well as speeches from Fed officials.
(RTTNews) - Amid the ongoing strike by U.S autoworkers against the Big Three over demands for better pay and benefits, Canadian auto union members ratified a new three-year collective labor agreement with Ford Motor Co.'s Canadian unit., preventing possible walkouts.
Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the news drew anger from automakers worried about supply chains and investment uncertainty.
Ford Motor said on Sunday that despite progress in some areas, it still has "significant gaps to close" on key economic issues before it can reach a new labor agreement with the United Auto Workers union.
Ford Motor said late on Sunday that it still has "significant gaps to close" on key economic issues to reach a new labor agreement with the United Auto Workers union.
Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the Detroit automaker locked in a separate tussle with its U.S. union over demands for better pay and benefits in the country.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.05%. Stocks on Friday settled mixed, with the S&P...
U.S. President Joe Biden has informed Ukrainian President Volodymyr Zelenskiy that Washington will provide Kyiv with ATACMS long-range missiles, NBC News reported on Friday, citing three U.S. officials and a congressional official.
Wall Street see-sawed on Friday, and closed slightly lower after a tumultuous week during which benchmark Treasury yields hit 16-year highs as investors digested the Federal Reserve's hawkish outlook revisions.
Wall Street turned lower on Friday, reversing an early rebound from Thursday's steep sell-off, and benchmark Treasury yields backed down off 16-year highs as investors neared the end of a tumultuous week.
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