(RTTNews) - Amid the ongoing strike by U.S autoworkers against the Big Three over demands for better pay and benefits, Canadian auto union members ratified a new three-year collective labor agreement with Ford Motor Co.'s Canadian unit., preventing possible walkouts.
Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the news drew anger from automakers worried about supply chains and investment uncertainty.
Ford Motor said on Sunday that despite progress in some areas, it still has "significant gaps to close" on key economic issues before it can reach a new labor agreement with the United Auto Workers union.
Ford Motor said late on Sunday that it still has "significant gaps to close" on key economic issues to reach a new labor agreement with the United Auto Workers union.
Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the Detroit automaker locked in a separate tussle with its U.S. union over demands for better pay and benefits in the country.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.05%. Stocks on Friday settled mixed, with the S&P...
U.S. President Joe Biden has informed Ukrainian President Volodymyr Zelenskiy that Washington will provide Kyiv with ATACMS long-range missiles, NBC News reported on Friday, citing three U.S. officials and a congressional official.
Wall Street see-sawed on Friday, and closed slightly lower after a tumultuous week during which benchmark Treasury yields hit 16-year highs as investors digested the Federal Reserve's hawkish outlook revisions.
Wall Street turned lower on Friday, reversing an early rebound from Thursday's steep sell-off, and benchmark Treasury yields backed down off 16-year highs as investors neared the end of a tumultuous week.
An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Ford Motor Co. (Symbol: F), where a total of 226,084 contracts have traded so far, representing approximately 22.6 million underlying shares. That amounts to about 54.3%
The UAW strike spread to 5,600 more workers on Friday as they walked off the job at 38 General Motors and Stellantis parts distribution centers in 20 states. In midday trading, investors are taking it all in stride.
Wall Street's main indexes bounced back on Friday as U.S. Treasury yields retreated from 16-year highs, while shares of Ford jumped to a one-week high on news of progress in labor talks with the United Auto Workers (UAW) union.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.88%. Stocks this morning are moderately higher, recovering from some...
While some analysts find Tesla stock overvalued, others see more upside ahead for the company. Here's how analyst opinion about the Elon Musk-run company stacks up against reality.
The S&P 500 and the Nasdaq made a slight recovery on Friday as Treasury yields retreated from multi-year highs, while shares of Ford jumped on news of progress in labor talks with workers' union.
Reuters
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