City Detroit Financial News

21.08 / 11:03
COST UPS Lowe's FIVE Ford Chevrolet Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000
20.08 / 13:31
COST UPS Target Fighting show stage Mounting union wage demands risk impeding Bank of Canada's inflation fight
Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price stability.
20.08 / 03:43
COST MAIL Highways Nissan cover Nissan recalling more than 236,000 cars to fix a problem that can cause loss of steering control
Nissan is recalling more than 236,000 small cars in the U.S. because the tie rods in front suspension can bend and break, possibly causing drivers to lose steering control
19.08 / 16:33
Parke PINK Comerica show concert song singer Support 'Sweet Britney Spears': Singer Pink modifies lyrics of her hit single in support of Britney Spears
Pink has shown solidarity with singer Britney Spears at her concert. Britney is going through emotional hell after her husband Sam Asghari filed for divorce in August 2023.
19.08 / 15:43
COST MAIL Highways Nissan cover Nissan recalling more than 236,000 cars to fix a problem that can cause loss of steering control
Nissan is recalling more than 236,000 small cars in the U.S. because the tie rods in front suspension can bend and break, possibly causing drivers to lose steering control
19.08 / 02:13
COST UPS Ford film country UAW Looming UAW strike could cost US economy more than $5B in just 10 days
Tens of thousands of film businesses serve the film industry across the country, and many companies beyond Hollywood are struggling.
18.08 / 15:09
UPS Manufacturing Racing Mercedes-Benz show Would You Spend $60 Million on a Ferrari?
A bright-red 1962 Ferrari 250 GTO with an asking price above $60 million will go to auction this fall in a classic-car market that has continued to accelerate its prices even as other collectibles categories have slowed down. The race car, whose sale will take place in New York during Sotheby’s major fall sales series, is a particularly rare model—one of only 34 produced by Ferrari. It is also one of two GTO models ever raced by Ferrari’s own team, Scuderia Ferrari, before being sold, according to Gord Duff, global head of auctions for Sotheby’s car-auction arm, RM Sotheby’s.
17.08 / 14:45
Booking Airlines Airlines are adding new routes and making a bold bet on continued strong demand for travel
Airlines are betting that the travel recovery remains red-hot
17.08 / 12:23
UPS Citi BLOCK Waters Puzzle show NOT Too Many Vacant Lots, Not Enough Housing: The U.S. Real-Estate Puzzle
CHICAGO—DaJuan Robinson was remodeling a house on the South Side, not far from the University of Chicago, when he spotted a vacant lot two doors away. He thought it might be worth developing. Then he learned about the back taxes, unpaid water bills and other hurdles that would take too much time and money to clear.
16.08 / 15:17
Facebook COST Provident Target Ford UAW week UAW to vote on strike authorization next week as president says talks with Detroit 3 moving slowly
About 146,000 members of the United Auto Workers union will vote next week on authorizing their leaders to call strikes against the Detroit automakers
15.08 / 22:27
Facebook UPS Progressive Ford UAW UAW plans raise specter of strikes at Detroit Three automakers
(Reuters) -United Auto Workers members are planning to vote next week to authorize possible strikes at the Detroit Three automakers ahead of a Sept. 14 deadline, the union said on Tuesday.
15.08 / 18:17
Facebook COST Provident Target Ford UAW week UAW to vote on strike authorization next week as president says talks with Detroit 3 moving slowly
About 146,000 members of the United Auto Workers union will vote next week on authorizing their leaders to call strikes against the Detroit automakers
15.08 / 05:15
Booking Ford CEO Apple Software show Executive services Ford lures Apple executive to oversee its new software subscription services unit
Ford has hired away a key Apple executive to run a new business unit that will sell software-related subscription services to vehicle owners
15.08 / 05:15
COST UPS Progressive Fighting Airlines show social 2024 Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The White House is taking on “junk fees,” those extra charges tacked on to plane tickets, hotel rooms, hospital bills and more
14.08 / 17:15
MET Ford Biden urges automakers, union to make 'a fair agreement'
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday called for union auto workers and Detroit's Big Three automakers to come together on a new agreement before their contacts expire next month.
12.08 / 19:25
Lowe's Ford Chevrolet performer rock In the twilight of the muscle car era, demand for the new 486-horsepower V-8 Ford Mustang is roaring
Ford says it will start shipping new versions of the Mustang muscle car next week, and more than two thirds of the orders are for 5-liter V-8 engines
11.08 / 08:43
Parke Tesla Highways US probing Virginia fatal crash involving Tesla suspected of running on automated driving system
U.S. safety regulators have sent a team to investigate a fatal crash in Virginia involving a Tesla suspected of running on a partially automated driving system
10.08 / 12:45
UPS Ford Volkswagen Platform Ford pushes Explorer EV launch date in Cologne
Detroit automaker, Ford Motor (NYSE:F) told workers Thursday morning that the company will be postponing the market launch of its Cologne-built electric Explorer SUV. The launch was previously planned for early 2024, but according to a report by Cologne-based newspaper Kölnische Rundschau, has been pushed back due to new worldwide drive train safety rules.
09.08 / 16:53
Facebook Provident Target Progressive Ford Manufacturing Stellantis Threat Tensions rise in United Auto Workers contract talks with Stellantis as strike threat looms
Tensions rose in contract talks between the United Auto Workers and Stellantis on Tuesday with the union president accusing the company of seeking concessions in contract talks when the union wants gains

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