City Detroit Financial News
07.11 / 00:19
Provident
Action
Healthcare
UAW members at General Dynamics plants ratify new tentative agreement
(Reuters) -The United Auto Workers (UAW) union on Monday said members at the General Dynamics (NYSE:GD) plants at Ohio, Michigan and Pennsylvania have voted to ratify a new tentative agreement.
06.11 / 16:37
Citi
Provident
Manufacturing
Chevrolet
Inside
rock
reports
New vehicles from Detroit's automakers are planned in contracts that ended UAW strikes
Stellantis plans to build a new midsize pickup truck, along with battery-run versions of six Jeep, Ram and Dodge vehicles
06.11 / 02:43
Experts
show
reports
Department
Gold steady near $2,000/oz mark after soft US jobs data
Gold prices held steady near the key $2,000-per-ounce level on Monday after weak U.S. jobs data raised hopes that the Federal Reserve is done raising interest rates, sending the dollar and bond yields lower. FUNDAMENTALS * Spot gold was little changed at $1,990.43 per ounce by 0100 GMT and U.S.
05.11 / 11:33
Action
Enterprise
Experts
show
Inside
hospital
Ahead of Market: 10 things that will decide D-Street action on Monday
On Friday, the Nifty50 settled 0.51% higher at 19,230, while the S&P BSE Sensex rose 0.44% to 64,363. Meanwhile, real estate stocks surged to a record high and were the top sectoral gainers. Here's how analysts read the market pulse: «After a gap-up opening, Nifty faced resistance around 19,250-19,300 levels, and we can see maximum put writing at 19,200 levels, which may act as strong support for Nifty.
04.11 / 20:01
04.11 / 02:11
Target
CEO
economy
Healthcare
hospital
reports
Department
US employers pulled back on hiring in October, adding 150,000 jobs
The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and...
04.11 / 02:11
Parke
Highways
cover
information
reports
NOT
park
Toyota not advising people to park recalled RAV4 SUVs outdoors despite fire reports
Toyota isn’t telling owners of 1.9M recalled RAV4 SUVs to park them outdoors.
03.11 / 17:47
Provident
Manufacturing
Strategy
Tesla
President
end
How the UAW's drive to 'end tiers' will change GM
DETROIT (Reuters) — The United Auto Workers union's tentative contract deal with General Motors (NYSE:GM) contains significant steps toward one of UAW President Shawn Fain's top goals: Ending wage «tiers» that divided UAW-GM workers into upper and lower pay classes.
03.11 / 16:33
FIVE
economy
Tesla
show
reports
Department
Wall St climbs as weak jobs data cements rate-pause bets
By Amruta Khandekar and Shristi Achar A
03.11 / 14:23
economy
Experts
show
reports
week
10-year US Treasury yields hit 5-week lows as jobs gains disappoint
Treasury yields fell to five-week lows on Friday and two-year yields were the lowest since early September after data showed that U.S. job growth slowed more than expected in October. Nonfarm payrolls increased by 150,000 jobs last month, below economists expectations for 180,000 job gains.
03.11 / 06:29
Provident
economy
show
hospital
reports
Department
October jobs report likely to point to a slowdown in hiring
FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'
02.11 / 22:49
Manufacturing
economy
Experts
track
reports
The UAW strike might be over, but will consumers feel it later?
Barrons senior writer Al Root discusses the United Auto Workers strike as the union plans to unionize other automakers.
02.11 / 20:38
cover
Toyota recalls nearly 1.9M RAV4s to fix batteries that can move during hard turns and cause a fire
Toyota is recalling nearly 1.9 million RAV4 small SUVs in the U.S. to fix a problem with batteries that can move during forceful turns and potentially cause a fire
02.11 / 20:37
Target
Nov
President
country
UAW members at the first Ford plant to go on strike vote to approve new contract
Members at the Michigan Assembly Plant voted 81% in favor of the deal.
02.11 / 20:37
01.11 / 10:13
Waves
economy
pandemic
President
show
2020
Department
UAW Deal Shows Unions Are Winning. How Long Will It Last?
The United Auto Workers’ tentative deals with Detroit automakers mark the latest union victory in a year of multiplying strikes and sizable gains in a robust labor market. The agreements could embolden other unions to take aggressive approaches to contract negotiations and fuel more strikes in coming months—as long as the economy stays strong.
01.11 / 07:55
Parke
Highways
electronic
reports
Investigations
US closes investigations into problems with 2 Jeep SUVs without seeking recalls
U.S. auto safety regulators have closed two investigations into problems with Jeep SUVs without seeking recalls
01.11 / 07:55
Art
Tesla
pandemic
President
show
cover
reports
Costs
Auto strike settlements will raise costs for Detroit's Big 3. Will they be able to raise prices?
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit’s automakers
30.10 / 21:05
Target
CEO
Tesla
President
ACADIA
Celebrity
information
UAW announces deal with General Motors that tentatively ends strikes against Detroit automakers
The United Auto Workers union says it reached a tentative contract with General Motors, the last of the Detroit Three automakers to agree to a deal
30.10 / 21:05
Manufacturing
CEO
Mobile
Enterprise
pandemic
2020
travelers
Enterprise CEO says rental car prices have moderated as supplies have improved but remain high
When Enterprise started to see automobile supply problems after the pandemic hit in 2020, the car and truck rental, fleet management and mobility company decided to cater to its long-term customers
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