In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years with surging debt…
Read more Zombie firms are filing for bankruptcy as the Fed commits to higher ratesAn Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November…
Read more As the market enters correction territory, don’t blame the American consumerDETROIT — The United Auto Workers strike is bringing a blue-collar versus billionaire battle to the Motor City, just as UAW President Shawn Fain wanted. The outspoken union…
Read more UAW strike brings blue-collar vs. billionaire battle to DetroitThe U.S. is pushing forward with incentives for domestic manufacturing of computer chips and electric vehicle components, while the European Union has announced a 43 billion euro ($46…
Read more Firms are bringing production back home because of the Ukraine war, China’s slowdown — and TikTokDETROIT — Reform-minded candidates won several races as members of the United Auto Workers union voted on their leaders in an election that stemmed from a federal bribery…
Read more Reformers take 6 of 14 UAW board seats, could win majorityNASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to…
Read more GM venture to invest additional $275M at Tennessee plantNASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to…
Read more GM venture to invest additional $275M at Tennessee plantDETROIT — Members of the United Auto Workers union appeared on Thursday to favor replacing many of their current leaders in an election that stemmed from a federal…
Read more Reform candidates lead in UAW races with 68% of vote countedDETROIT — Members of the United Auto Workers union appeared on Thursday to favor replacing many of their current leaders in an election that stemmed from a federal…
Read more Reform candidates lead in UAW races with 73% of vote countedMINNEAPOLIS — The Environmental Protection Agency on Thursday proposed increasing the amount of ethanol and other biofuels that must be blended into the nation’s fuel supplies over the…
Read more EPA seeks to mandate more use of ethanol and other biofuelsOMAHA, Neb. — Warren Buffett’s company slashed its stake in U.S. Bank’s parent company and also sold shares in Chinese electric car maker BYD in the third quarter,…
Read more Buffett’s firm cuts stakes U.S. Bank, BYD; adds chip makerATLANTA — A Norwegian company will build a giant electric battery factory just southwest of Atlanta, company and state officials announced Friday, investing up to $2.6 billion over…
Read more Norwegian battery firm plans $2.6 billion plant in GeorgiaRenault SA and China’s Geely say they plan to launch a joint venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers…
Read more Renault, China’s Geely announced powertrain joint ventureSACRAMENTO, Calif. — California on Monday settled a lawsuit against a German company stemming from the emissions scandal that tarred Volkswagen in 2015 and Fiat Chrysler two years…
Read more California settles with firm in Volkswagen emissions scandalSACRAMENTO, Calif. — California on Monday settled a lawsuit against a German company stemming from the emissions scandal that tarred Volkswagen in 2015 and Fiat Chrysler two years…
Read more California settles with firm in Volkswagen emissions scandalNEW YORK — A weekend fire that injured over three dozen people — and forced firefighters to use ropes to pluck people from a 20th-story window — is…
Read more EXPLAINER: Bikes, batteries and blazes spark concern in NYCFILE – In this Wednesday, Aug. 1, 2018, file photo a logo of the brand Volkswagen on top of a company building is pictured prior to a Volkswagen…
Read more VW recalls vehicles for tire pressure monitoring malfunctionDETROIT — Ford Motor Co.’s top quality executive is retiring as the company continues to struggle with high warranty claims and reliability issues. Stuart Rowley, chief transformation and…
Read more Ford quality chief retires as CEO tries to boost reliabilityFILE – The company logo shines off the hood of a 2021 K5 sedan on display in the Kia exhibit at the Denver auto show Friday, Sept. 17,…
Read more Park outside: Kia recalls SUVs again for risk of engine fireTAIPEI, Taiwan — The company that assembles smartphones for Apple Inc. and other global brands unveiled an electric SUV on Tuesday that will be produced for a Taiwanese…
Read more Smartphone maker Foxconn unveils EV for Taiwan brand Yulon
