Banking
Zombie firms are filing for bankruptcy as the Fed commits to higher rates
[ad_1] In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for…
Tag: Automobile manufacturing
Real Estate
As the market enters correction territory, don’t blame the American consumer
[ad_1] An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center…
World News
UAW strike brings blue-collar vs. billionaire battle to Detroit
[ad_1] DETROIT — The United Auto Workers strike is bringing a blue-collar versus billionaire battle to the Motor City, just as UAW President Shawn…
Business
Firms are bringing production back home because of the Ukraine war, China’s slowdown — and TikTok
[ad_1] The U.S. is pushing forward with incentives for domestic manufacturing of computer chips and electric vehicle components, while the European Union has announced…
Finance
Reformers take 6 of 14 UAW board seats, could win majority
[ad_1] DETROIT — Reform-minded candidates won several races as members of the United Auto Workers union voted on their leaders in an election that…
Finance
GM venture to invest additional $275M at Tennessee plant
[ad_1] NASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest…
US News
GM venture to invest additional $275M at Tennessee plant
[ad_1] NASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest…
Finance
Reform candidates lead in UAW races with 68% of vote counted
[ad_1] DETROIT — Members of the United Auto Workers union appeared on Thursday to favor replacing many of their current leaders in an election…
Breaking News
Reform candidates lead in UAW races with 73% of vote counted
[ad_1] DETROIT — Members of the United Auto Workers union appeared on Thursday to favor replacing many of their current leaders in an election…
Finance
EPA seeks to mandate more use of ethanol and other biofuels
[ad_1] MINNEAPOLIS — The Environmental Protection Agency on Thursday proposed increasing the amount of ethanol and other biofuels that must be blended into the…
Finance
Buffett’s firm cuts stakes U.S. Bank, BYD; adds chip maker
[ad_1] OMAHA, Neb. — Warren Buffett’s company slashed its stake in U.S. Bank’s parent company and also sold shares in Chinese electric car maker…
Finance
Norwegian battery firm plans $2.6 billion plant in Georgia
[ad_1] ATLANTA — A Norwegian company will build a giant electric battery factory just southwest of Atlanta, company and state officials announced Friday, investing…
World News
Renault, China’s Geely announced powertrain joint venture
[ad_1] Renault SA and China’s Geely say they plan to launch a joint venture to produce gasoline-powered and hybrid powertrains, adding to a series…
Finance
California settles with firm in Volkswagen emissions scandal
[ad_1] SACRAMENTO, Calif. — California on Monday settled a lawsuit against a German company stemming from the emissions scandal that tarred Volkswagen in 2015…
Breaking News
California settles with firm in Volkswagen emissions scandal
[ad_1] SACRAMENTO, Calif. — California on Monday settled a lawsuit against a German company stemming from the emissions scandal that tarred Volkswagen in 2015…
US News
EXPLAINER: Bikes, batteries and blazes spark concern in NYC
[ad_1] NEW YORK — A weekend fire that injured over three dozen people — and forced firefighters to use ropes to pluck people from…
Breaking News
VW recalls vehicles for tire pressure monitoring malfunction
[ad_1] FILE – In this Wednesday, Aug. 1, 2018, file photo a logo of the brand Volkswagen on top of a company building is…
Finance
Ford quality chief retires as CEO tries to boost reliability
[ad_1] DETROIT — Ford Motor Co.’s top quality executive is retiring as the company continues to struggle with high warranty claims and reliability issues.…
Breaking News
Park outside: Kia recalls SUVs again for risk of engine fire
[ad_1] FILE – The company logo shines off the hood of a 2021 K5 sedan on display in the Kia exhibit at the Denver…
Technology
Smartphone maker Foxconn unveils EV for Taiwan brand Yulon
[ad_1] TAIPEI, Taiwan — The company that assembles smartphones for Apple Inc. and other global brands unveiled an electric SUV on Tuesday that will…