US Payrolls Are Seen Picking Up After End of UAW Strike
The return of striking United Auto Workers to vehicle assembly lines is seen driving a pickup in November
2023-12-03 05:20
Ford Lowers Profit Guidance as Labor Costs Rise $8.8 Billion
Ford Motor Co. restored financial guidance Thursday, saying profits would come in lower than earlier projections due to
2023-11-30 21:23
GM to Hike Dividend, Buy Back $10 Billion of Stock to Stem Slump
General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in
2023-11-29 19:51
Wall Street Is Talking About Unions More Than Ever
Labor is having a moment, and Wall Street has taken note. S&P 500 executives and analysts talked about
2023-11-11 03:59
Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 08:47
Biden Supports UAW Organizing Tesla, Toyota Workers
President Joe Biden threw his support behind the United Auto Workers’ efforts to unionize employees at Tesla Inc.
2023-11-10 03:53
Auto Wage Hikes Complicate the Search for an Affordable EV
A combustion engine has about 2,000 moving parts. An electric motor, by comparison, has about 20. However, the
2023-11-08 23:45
Stellantis, UAW Reach Tentative Agreement to End Six-Week Strike
Stellantis NV reached a tentative contract agreement with the United Auto Workers to end a six-week strike, following
2023-10-29 01:29
Cruise’s Suspension Marks a Setback for GM CEO Barra’s Vision
A couple of hours after Chief Executive Officer Mary Barra finished telling Wall Street analysts that the Cruise
2023-10-28 23:19
Asian Stocks Extend Losses, Oil and Gold Soften: Markets Wrap
Asian stocks fell for a fourth day after a selloff in US markets deepened Friday. Gold and crude
2023-10-23 09:21
Carmakers Say They Can't Afford UAW Demands, While Paying CEOs $1 Billion
The United Auto Workers’ historic standoff with Detroit’s three carmaking giants is centered on an age-old tension: The
2023-10-14 07:28
UAW Says 4,000 Union Workers at Mack Trucks Will Strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in
2023-10-09 13:15