City Detroit Financial News

15.11 / 15:10
FIVE Man Ball Career Fighting shootings stars Draymond Green: 5 most roughest ejections of the player
Draymond Green, the star forward for the Golden State Warriors, was ejected during Tuesday's In-Season Tournament game against the Minnesota Timberwolves. Green was one among three players ejected for choking Wolves standout Rudy Gobert while defending teammate Klay Thompson. Green was ejected for the 18th time in his 12-year career (regular season and playoffs combined), the most of any active player. Green's ejection on Tuesday, on the other hand, was notably nasty, with many clamoring for a lengthy punishment for the star forward. Many people wondered if it was Green's most violent ejection of his career.
15.11 / 14:27
CEO Tesla Insignia President show Tesla can bar US factory workers from wearing union t-shirts, court rules
Tesla Inc did not violate U.S. labor law by prohibiting workers at its flagship Fremont, California, assembly plant from wearing pro-union t-shirts, a federal appeals court has ruled. The New Orleans-based 5th U.S. Circuit Court of Appeals in a decision on Tuesday said that because Tesla required all employees to wear company-issued shirts while allowing them to display union stickers, its uniform policy was lawful.
15.11 / 12:10
FIVE Parke Highways electronic reports recommendations After deadly Nevada crash, federal investigators want cars to warn drivers if they're speeding
Federal accident investigators want automakers to install systems on all new vehicles that warn drivers when they go over the speed limit
15.11 / 05:55
Provident Platform economy country social outbreak shock India, US, 12 other IPEF members ink supply chain resilience agreement
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would provide benefits like potential shifting of production centres in critical sectors and mitigating risks of economic disruptions from supply chain shocks. The agreement was signed in San Francisco, where Commerce and Industry Minister Piyush Goyal is attending the ministerial meeting of the Indo-Pacific Economic Framework For Prosperity (IPEF).
14.11 / 20:13
Manufacturing Tesla show cover UAW workers at GM's Spring Hill plant vote against tentative deal
(Reuters) — Workers belonging to the United Auto Workers (UAW) union at General Motors (NYSE:GM)' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote tracker showed on Tuesday.
14.11 / 19:27
Hyundai Hyundai to raise hourly pay 25% by 2028 following UAW deal
Korean automaker, Hyundai Motor (OTC:HYMTF) announced Monday that the company will raise wages for nonunion production workers at its Alabama factory by 25% by 2028. The announcement comes weeks after the United Auto Workers (UAW) union won substantial concessions from the Detroit Three.
14.11 / 18:05
Target Remark President show reports Department Fed's Goolsbee sees inflation falling fast without jobless surge
(Reuters) — U.S. inflation is cooling at what could prove to be its fastest pace in at least 40 years, if not longer, with only a limited rise in the unemployment rate, Chicago Federal Reserve President Austan Goolsbee said on Tuesday.
14.11 / 15:57
Strategy Tesla Hyundai President Experts country Hyundai joins Honda and Toyota in raising wages after auto union wins gains in deals with Detroit 3
Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers
14.11 / 15:57
Target FIVE Action Stellantis to offer buyout and early retirement packages to 6,400 U.S. nonunion salaried workers
Stellantis says it will offer buyout or early retirement packages to about 6,400 nonunion U.S. salaried employees
13.11 / 10:20
Reuters Ford's production workers at Kentucky, Louisville vote against new labor deal
(Reuters) — The United Auto Workers (UAW) production workers at Ford (NYSE:F)'s Louisville assembly and Kentucky truck plants have voted against a proposed four-and-a-half year contract, while the skilled trades workers voted in favor of the deal, the union's local unit said on Facebook (NASDAQ:META).
10.11 / 14:37
Manufacturing Tesla cover information UAW workers at GM's Flint assembly narrowly vote against new labor deal
(Reuters) -Workers belonging to the United Auto Workers (UAW) at General Motors (NYSE:GM)' Flint assembly plant in Michigan have narrowly voted against a proposed contract with the U.S. automaker, the union's local chapter said.
09.11 / 22:13
Fighting Entertainment economy President Actor From Hollywood to auto work, organized labor is flexing its muscles. Where do unions stand today?
From Hollywood to auto production lines, U.S. labor unions are once again in the national spotlight
09.11 / 04:53
Manufacturing CEO Strategy show electronic reports testing GM, Stellantis among group investing $33M in company that makes magnets without rare earth metals
The venture capital arms of General Motors and Stellantis are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using expensive rare-earth metals
08.11 / 12:07
Citi Software information reports testing travelers Department General Motors' autonomous vehicle unit recalls cars for software update after dragging a pedestrian
GM's Cruise autonomous vehicle unit is recalling all 950 of its cars to update its software after one dragged a pedestrian to the side of a San Francisco street last month
07.11 / 21:18
President Biden to meet with UAW president, tout Stellantis plant reopening
(Reuters) — President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis (NYSE:STLA) to reopen a shuttered assembly plant in Belvidere, Illinois, a White House official said.
07.11 / 06:59
CEO economy show performer reports travelers With electric vehicle sales growth slowing, Stellantis Ram brand has an answer: An onboard charger
One of the biggest reasons people cite when saying they won’t buy an electric vehicle is range anxiety

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