Canadian Autoworkers Ratify Their Ford Contract; UAW Still Has No Deal
Canadian autoworkers ratified a new labor agreement with Ford Motor Co. Sunday, averting a threatened strike and potentially setting a precedent for United Auto Workers negotiations.
Biden Plans to Visit Michigan Tuesday to Show Support for UAW Strikers
President Joe Biden has announced he will visit Michigan Tuesday to show support for striking autoworkers as contract disputes continue against the Detroit Three automakers.
This Week In Layoffs: Automakers, Tech Giants Lead Jobs Cuts
Lots of layoffs across corporate America this week as the auto industry and technology giants led the cuts.
Governors, Biden Administration Push for More Heat Pump Installations
The U.S. Climate Alliance, which includes 25 state governors, is leading a push to significantly increase the number of American homes using heat pump systems for heating and air conditioning.
Amazon to Add Ads to Prime Video Starting Early 2024 — Unless You Pay More
Amazon Prime Video will include advertising during shows and movies starting early next year.
UAW Targets Stellantis, General Motors With 38 New Strike Locations
The United Auto Workers president said Friday the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis sites in 20 states.
Biden Says Norfolk Southern Must Be Held Accountable For Ohio Derailment
President Joe Biden ordered federal agencies to ensure accountability of Norfolk Southern for derailment in February, and appoint a FEMA official to oversee East Palestine’s recovery.
Microsoft's Activision Deal Gets Preliminary Approval from UK Regulator
British competition regulators gave preliminary approval Friday to Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard.
Florida's Agriculture Loss From Hurricane Idalia at Least $78M
Florida agriculture loss from Hurricane Idalia are estimated at between $78 million and $371 million, according to a preliminary report from University of Florida.
Neuralink Readies Human Trials
It's like something out of sci-fi, moving and controlling items with your mind. That could be a reality sooner than you may think with Neuralink moving into human trials, but according to a new report, it has not been smooth sailing.
Average U.S. 30-Year Mortgage Rate Has Edged Up to 7.19%
The average long-term U.S. mortgage rate edged up again this week, continuing financial challenges for prospective homebuyers navigating the housing market.
Brightline High Speed Passenger Rail to Link Miami and Orlando
A test of whether privately owned high-speed passenger train service can prosper in the United States begins Friday when Florida's Brightline launches Miami-Orlando service.
Rupert Murdoch, Creator of Fox News, Stepping Down As Head of News Corp.
Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as leader of Fox's parent company and his News Corp. media holdings.
US Applications For Unemployment Benefits Fall to Lowest Level in Nearly 8 Months
U.S. applications for unemployment benefits fell to the lowest level in eight months.
Sweden's Central Bank Hikes Key Interest Rate, Citing Lingering Inflation
Sweden’s central bank raised its key interest rate Thursday, saying that “inflationary pressures in the Swedish economy are still too high.”