Michigan Gov. Gretchen Whitmer is talking to UAW and carmakers to avert strike
Whitmer said the union and Detroit’s automakers should be able to forge a deal ahead of a Sept. 14 deadline, allowing the companies to stay profitable while also boosting pay......»»
Supplier ramp-up, recovery from UAW strike could be rocky
Suppliers avoided the worst-case strike scenarios, but the financial ripple effects of the strike are likely to last for some time......»»
American Axle takes big financial loss on UAW strike, operation woes
American Axle & Manufacturing Holdings Inc. suffered a $17.4 million net loss in the third quarter due to the United Auto Workers strike as well as labor and operational issues of its own......»»
Strike, along with higher prices, hurts U.S. sales
Ford and Mazda reported their first sales declines of 2023, while Toyota, Kia and Hyundai had their smallest gains of the year......»»
Battery startup ONE begins making its own cells in metro Detroit
Our Next Energy Inc., the Novi-based battery startup led by Apple Inc. veteran Mujeeb Ijaz, has started making prototype cells at its Michigan battery plant — an early milestone in its goal to become a homegrown U.S. battery manufacturer......»»
UAW escalates GM strike after reaching tentative agreement with Stellantis
The UAW, in a whirlwind day, reached a historic tentative agreement with Stellantis that reopens the idled Belvidere, Ill., assembly plant, but then the union expanded its strike against GM to its plant in Tennessee as talks continued......»»
UAW expands strike against GM to Tennessee plant
UAW Local 1853, which represents workers at GM's Spring Hill assembly plant and other facilities, posted that it was on strike as of 5 p.m. Central time Saturday......»»
UAW, Stellantis reach tentative contract deal, strike ending
The deal reached Saturday is expected to match Ford's 25 percent average pay hikes and a commitment to reopen the idled Belvidere, Ill., assembly plant......»»
UAW orders strike expansion against GM at plant in Tennessee
UAW Local 1853, which represents workers at GM's Spring Hill assembly plant and other facilities, posted that it was on strike as of 5 p.m. Central time Saturday......»»
UAW aims to announce Stellantis deal Saturday as talks finish up
UAW aims to announce Stellantis deal Saturday as talks finish up The recent concessions relate to job security and include keeping an engine plant open in Trenton, Michigan, and building a vehicle in the company’s idled Illinois assembly plant, sai.....»»
Sam Bankman-Fried repeatedly told to “stop talking” during rambling testimony
FTX co-founder scolded for making up his own definition of market manipulation. Enlarge (credit: ANGELA WEISS / Contributor | AFP) On Friday, Sam Bankman-Fried began his first day testifying before a jury with a loss. Th.....»»
People are speaking with ChatGPT for hours, bringing 2013’s Her closer to reality
Long mobile conversations with the AI assistant using AirPods echo the sci-fi film. Enlarge / Joaquin Phoenix talking with AI in Her (2013). (credit: Warner Bros.) In 2013, Spike Jonze's Her imagined a world where humans.....»»
Study shows talking about products can lead to better conversations
The first day at a new school or in a new job can be exhilarating, but the awkward introductions and halting conversations when meeting new people often lead to stress and social anxiety......»»
Lear lost $170M due to UAW strike, but financial outlook is brighter
Lear increased its full-year financial guidance to the pleasure of Wall Street, with shares rising 3 percent to close Thursday at $133.43......»»
Ford says UAW strike cost $1.3B, overshadowing $1.2B in Q3 net income
Ford said the deal will increase its labor costs by $850 to $900 per vehicle, reducing margins by six- or seven-tenths of a percentage point......»»
Gotion to invest $2.36 billion in Michigan battery component factory
Gotion's U.S. subsidiary has signed agreements to acquire land and site preparation, with lead assistance from the state of Michigan, for the project......»»
Ford deal a ‘stunning victory" for UAW; automaker begins slow production restart
Ford will discuss the financial impact of the strike, expected to top $1 billion, when it reports third-quarter earnings Thursday afternoon......»»
A research team"s "Robin Hood" approach for tracking biodiversity
Elise Zipkin and her team at Michigan State University have developed a sort of "Robin Hood" approach to better understand and protect the world's biodiversity......»»
UAW calls off strike against Ford after tentative contract reached with 25% raises
If ratified, the deal would provide roughly 57,000 hourly workers with 25 percent raises over four years and bring an end to a 6-week-old strike......»»
Ford, UAW close in on tentative deal with 25% raises, sources say
Ford and the UAW could announce a tentative agreement as early as Wednesday evening. If ratified, the deal would provide roughly 57,000 hourly workers with 25 percent raises over four years and bring an end to a 6-week-old strike......»»
Honda halting plans to develop smaller EVs with GM, CEO says
The carmakers had agreed in April 2022 to create a new architecture based on GM’s Ultium EV battery that will be used primarily for small crossover sport utility vehicles......»»