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UAW ratifies deal, ends strike at key GM axle supplier Dauch
The United Auto Workers strike at Dauch Corp.'s Three Rivers plant is officially over after the local union chapter ratified a new contract with the key General Motors Co. truck axle supplier.
About 80% of UAW Local 2093 members voted to approve the new four-year deal that will increase top pay for union-represented workers to $30 an hour by ...Read more
Q&A: How a global parts supplier sees China's rising role in autos
Major global automotive supplier Magna International's CEO says the Canadian-headquartered company wants to build its relationship with China's intensely competitive automakers.
After speaking to the Automotive Press Association and the Society of Automotive Analysts last week at the company's Troy, Michigan, site, CEO Swamy Kotagiri sat down ...Read more
After prior mistake, judge again rules forced-labor suit against San Diego's Bumble Bee Seafoods can proceed
A San Diego federal judge ruled Friday that despite her mistake in a previous ruling last year, a lawsuit by four Indonesian fishers alleging human trafficking and forced labor violations against San Diego-based canned tuna giant Bumble Bee Seafoods can continue toward trial and will not be dismissed.
Friday’s ruling by Chief U.S. District ...Read more
Michigan flag makers prep Old Glory for America's 250th
CLAWSON, Michigan — Jane Miles leaned over a worktable inside American Flag & Banner Co., carefully cutting and folding a fire-damaged American flag before placing it inside a wooden display case for a customer.
Across the room, the store's only two other employees were also busy. One was helping customers browse flags and the other was ...Read more
Fox Corp. to buy streaming platform Roku for $22 billion
Fox Corporation has agreed to acquire the streaming platform Roku Inc. in a deal valued at $22 billion, the companies announced Monday.
The deal will combine the Murdoch family’s media assets, which include its news, sports and broadcast channels, with the San Jose-based streaming platform that reaches 100 million consumers globally.
The ...Read more
Google CEO brought optimism to Stanford commencement. Some graduates walked out
As Google CEO Sundar Pichai took the stage Sunday at Stanford’s commencement, scores of graduates stood, booed and walked out, turning a celebration for nearly 6,000 degree recipients into a protest over the tech giant’s work with Israel.
Pichai, a Stanford alumnus leading one of the world’s most powerful companies, appeared unfazed. His ...Read more
As Affordable Care Act premiums skyrocket, catastrophic coverage is having a moment
Jason Miller watched his monthly health insurance premiums quadruple to $374 from $80 for a silver-level plan when the Affordable Care Act’s enhanced tax credits ran out in December.
“That’s just not functionally doable,” the married father of four children said about the increase.
Worse, he said, “the coverage you’re paying for is...Read more
Aviation has a climate problem. A WA refinery may help fix it
MOSES LAKE, Washington — A startup-style company developing a greener way to produce jet fuel using carbon dioxide, water and renewable electricity has fired up its first commercial production plant.
California-based Twelve, named after the atomic mass of the molecule at the center of its innovative process, built its first production ...Read more
Gasoline prices soar as inflation surges to 3-year high
Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy costs as a result of the Iran war, now entering its fourth month.
Consumer costs are 4.2% higher compared to a year ago, according to the Bureau of Labor Statistics’ latest consumer price report released last week. That’s the single biggest 12-...Read more
DGA's board backs tentative contract with major studios
LOS ANGELES — The Directors Guild of America's national board on Friday unanimously recommended its membership vote in favor of a four-year contract with the major studios that would increase wages, boost contributions to its health plan and establish guardrails surrounding AI technology.
"We entered this negotiation with three main ...Read more
UAW gathers in Detroit as Fain faces challengers, scrutiny
Nearly 1,000 United Auto Workers members arrive in downtown Detroit next week to chart the future of one the nation’s largest and most influential unions and nominate candidates for leadership elections later this year — including challengers to President Shawn Fain.
Beyond the leadership nominations, several big policy debates are brewing ...Read more
Fatal Air India Boeing 787 crash hits 1-year mark without final report
One year after an Air India Boeing 787 plane crashed just seconds after takeoff, hitting a nearby medical building and killing 260 people, investigators still have few answers about what went wrong.
India’s Aircraft Accident Investigation Bureau said Friday it is continuing to analyze evidence and will seek additional evaluations and ...Read more
Roku said in sale talks, including for possible media tie-up
Roku Inc., the streaming video platform, is in talks to sell itself, people with knowledge of the matter said.
The San Jose, California-based company has been in discussions with at least one US media company about a potential combination, the people said, asking not to be identified because the information is private.
Roku’s shares rose as ...Read more
As SpaceX makes Musk a trillionaire, some dissent on NYC's streets
In New York City, the heart of financial capitalism, there were plenty of signs of excitement about SpaceX’s IPO, which set off a feeding frenzy on Wall Street and turned Elon Musk into the world’s first trillionaire.
In front of the Park Avenue headquarters of JPMorgan Chase & Co., one of the underwriters of the stock sale, though, some ...Read more
Paramount's $111-billion Warner Bros. acquisition clears key hurdle
The U.S. Justice Department cleared the way for Paramount Skydance’s $111-billion purchase of Warner Bros. Discovery — a major milestone that moves David Ellison closer to his goal.
After a weeks long review, Justice Department antitrust regulators on Friday concluded the combination would not violate federal anti-competition laws. Approval...Read more
SpaceX shares rise 19% in stock market debut after historic IPO
SpaceX, the once fledgling aerospace company that Elon Musk predicted had a slim chance of survival, reached new heights on Friday with an historic initial public offering.
Shares of SpaceX, trading under the ticker SPCX, closed the day at $160.95, 19% above the offering price, transforming it into one of the world’s valuable companies with a...Read more
American Airlines resumes Miami-Cap‑Haïtien flights, expands to Maracaibo, Venezuela
American Airlines is returning to Haiti.
The U.S. carrier, which had stopped flying to Haiti more than a year ago, will resume daily nonstop service between Miami and Cap-Haitien, beginning Nov. 1, the airline announced Friday.
American had served Haiti for more than 50 years before pausing daily operations into Port-au-Prince and then ...Read more
Gensler says Kalshi is flat wrong: Sports bets aren't swaps
Gary Gensler, overseer of Wall Street for significant parts of the last two decades, has a message for anyone arguing sports betting is a matter for federal financial regulators: They’re wrong.
After seeing prediction market giant Kalshi and the federal agency he once ran, the Commodity Futures Trading Commission, argue that sports bets are ...Read more
AI is cutting hours of office work, but also creating a new kind of busywork
As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones.
A new survey of individuals using AI found it made them more productive, saving each roughly 11 hours per week. But at the same time, the workers on average have to spend more than six hours "botsitting,...Read more
Casey Williams: As Honda celebrates the Accord's 50th birthday, it debuts a new hybrid concept
Proclaimed in early advertisements as “The Big Honda,” Accord joined the Civic and eventually became America’s best-selling car. A Honda leader once described it as “the rice in our meal.”
Fifty years on, crossovers surpass sedans for dominance in American driveways, but a fresh new hybrid by 2030 may elevate this sedan’s standing....Read more
Popular Stories
- As Affordable Care Act premiums skyrocket, catastrophic coverage is having a moment
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- Gasoline prices soar as inflation surges to 3-year high
- Aviation has a climate problem. A WA refinery may help fix it
- Google CEO brought optimism to Stanford commencement. Some graduates walked out









