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The study, by Sarah Novicoff, a Stanford graduate student, and Thomas S. Dee, a professor of education, compared schools that participated in the program to a similar set of schools that did not. It has not yet been peer reviewed. Timothy Shanahan, a literacy expert and professor emeritus at the University of Illinois, Chicago, said the paper’s results left him “very cautiously optimistic.”He noted that education reforms that focus on the early grades often show positive results, but as students age into more conceptual learning, improvements fade out. “Will the schools build on this in any way?” he asked. The intervention also took place during difficult years, with high rates of student absenteeism, mental health challenges and school staff shortages.
Persons: Sarah Novicoff, Thomas S, Timothy Shanahan, , Organizations: Stanford, University of Illinois Locations: Chicago
NEW YORK (AP) — It's the end of the road for Kiss. Many Kiss fans said they are not interested in paying to see virtual recreations of the band, including syndicated rock host Eddie Trunk. Political Cartoons View All 1277 Images“I have very little interest in seeing an avatar concert of Kiss, or anyone for that matter,” he said. It in no way is a replacement for the live concert experience. That was a reference to the absence of former Kiss band members from the final shows, despite Stanley's repeated statements that he'd be open to former members appearing in some capacity.
Persons: , it's, Kiss, Gene Simmons, , Eddie Trunk, , franken, Gary Stevens, Paul Stanley, Peter, Ace, Bruce, Stanley's, Ace Frehley, Peter Criss, Alice Cooper's, Simmons, Gibson Les Paul, Tommy Thayer, Stanley, Criss, Eric Singer, Thayer, ” Stanley, Elvis Presley, We're, ” Dee Snider, Wayne Parry Organizations: Kiss, New York City, Madison, Facebook, Detroit, Detroit Rock City Locations: New, , New Jersey, Detroit Rock, , New York City, Madison, Queens, America, www.twitter.com
Ford takes $1.7 billion profit hit from UAW strike
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +3 min
The automaker now expects adjusted earnings before interest and taxes (EBIT) of $10 billion to $10.5 billion for 2023. In July, it forecast adjusted EBIT of $11 billion to $12 billion. Ford said the new outlook included $1.6 billion in lost profits in the fourth quarter due to interruptions in production of high-margin trucks and SUVs. A month into the strikes, Ford said the company was "at the limit" of what it could spend on higher wages and benefits. The deal UAW leaders finally approved included a pay hike of at least 30% for full-time workers and more than double pay for others.
Persons: David, Dee, Delgado, Ford, Shawn Fain, walkouts, Bill Ford, Tesla, Nathan Gomes, Anil D'Silva Organizations: New York, REUTERS, Ford, GM, UAW, Canadian, Chrysler, EV, Thomson Locations: Manhattan , New York City, U.S, United States, Michigan, Bengaluru
Shein has not determined the size of its offering or the valuation at IPO, the sources said. Shein, Goldman and JPMorgan declined to comment, while Morgan Stanley did not immediately respond to a request for comment. The most valuable China-founded enterprise to go public in the United States so far is ride-hailing giant Didi Global's (92Sy.MU) debut in 2021 at $68 billion valuation. In 2021, the comparable number was $300 billion when the IPO market was close to its peak. Fast fashion retailers have been gaining popularity in the United States, with Shein taking away market share from the likes of Gap (GPS.N) as shoppers look for fresher styles.
Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Shein, Goldman, Didi Global's, Jason Benowitz, David, Dee, Delgado, CSRC, Simon Property, Sumeet Singh, It's, Pritam Biswas, Ananya Mariam Rajesh, Kane Wu, Anirban Sen, Rishabh, Scott Murdoch, Miyoung Kim, Stephen Coates Organizations: Amazon, JPMorgan, Bloomberg, Arm Holdings, Roosevelt, REUTERS, China Securities Regulatory Commission, U.S, Reuters, Securities and Exchange Commission, SPARC Group, Forever, Brands, Simon, Aequitas Research, China's Shanghai Securities, Street, Thomson Locations: United States, China, U.S, Singapore, New York City, Shein, Bengaluru, Hong Kong, New York, Sydney
Chinese fast-fashion retailer Shein files for U.S. IPO - WSJ
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
The fast-fashion giant has been working with at least three investment banks about a potential IPO and was in talks with the New York Stock Exchange and the Nasdaq, Reuters reported in July. Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, which could happen in 2024. the WSJ report said. Shein declined to comment to Reuters on the report. Fast-fashion has been gaining popularity in the United States with Shein partnering with SPARC Group, a joint venture between Forever 21 owner Authentic Brands (AUTH.N) and mall operator Simon Property (SPG.N), as the online fashion retailer and its rivals look to expand their market reach. Reporting by Pritam Biswas and Ananya Mariam Rajesh in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Persons: David, Dee, Delgado, Shein, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Didi Global's, Simon Property, Pritam Biswas, Ananya Mariam Rajesh, Arun Koyyur Organizations: REUTERS, Wall Street, New York Stock Exchange, Nasdaq, Reuters, JPMorgan, SPARC Group, Forever, Brands, Simon, Thomson Locations: New York City, U.S, China, United States, Bengaluru
Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, and Shein could go public sometime in 2024, the sources said. Shein has been planning to go public for the last few years, but halted plans almost twice since then. The fast-fashion giant's decision now comes at a time when the broader market for new issues remains laggard. Fast fashion retailers have been gaining popularity in the United States, with Shein taking away market share from the likes Gap (GPS.N) as shoppers look for fresher styles and trendier clothing. Shein's confidential IPO was first reported by the Wall Street Journal earlier on Monday.
Persons: David, Dee, Delgado, Shein, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Didi Global's, Simon Property, Pritam Biswas, Ananya Mariam Rajesh, Anirban Sen, Rishabh Jaiswal, Arun Koyyur, Sherry Jacob, Phillips Organizations: REUTERS, Reuters, JPMorgan, chipmaker Arm Holdings, New York Stock Exchange, Nasdaq, SPARC Group, Forever, Brands, Simon, Wall Street, Thomson Locations: New York City, U.S, China, United States, Singapore, Bengaluru, New York
The NewsThe union representing teachers, counselors and other school employees in Portland, Ore., reached a tentative deal with the city's public school district on Sunday, ending a strike that has kept nearly 45,000 students out of classes for more than three weeks in Oregon’s largest district. That is about in the middle of what the district had offered and what the union had asked for at the start of the strike. The strike has drawn attention to public school funding in Oregon. (Minneapolis students missed 14 school days during a strike last year.) The strike, which kept students out of school for nearly the entire month of November, could risk amplifying that message in Portland.
Persons: , Thomas Dee, , Dr, Dee Organizations: Hollywood, Portland Public Schools, Oregonian, Veterans, Minneapolis, Public Schools, Stanford University, Students Locations: Portland ,, Oregon’s, Oregon, Portland
Here are 8 key things to watch in the stock market Friday
  + stars: | 2023-11-24 | by ( Zev Fima | ) www.cnbc.com   time to read: +3 min
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Wells Fargo, Sam Altman's, KeyBanc, Jim Cramer's, Jim Cramer, Jim, David Dee Delgado Organizations: Dow, U.S, Hamas, Amazon, Miami Dolphins, New York Jets, Retailers, Walmart, Microsoft, Mizuho, RBC, Broadcom, VMware, Linde, LIN, European Union, Jim Cramer's Charitable, CNBC, Black, Reuters Locations: Israel, Manhattan, New York City , New York, U.S
Major New Jersey mall reopens after bomb threat - governor
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +1 min
[1/3] New Jersey State Troopers patrol the American Dream Mall after a bomb scare in Rutherford, New Jersey, U.S., November 24, 2023. REUTERS/David Dee Delgado Acquire Licensing RightsNov 24 (Reuters) - The American Dream Mall in New Jersey has reopened after briefly being evacuated while police investigated a bomb threat, state Governor Phil Murphy said in a post on the X social media network on Friday. The mall is located at the New Jersey Meadowlands Sports Complex in East Rutherford, home to the New York Giants and Jets National Football League teams. "The matter is still under investigation, but law enforcement has determined there is no imminent threat at American Dream at this time. The New Jersey State Police has reopened the mall," Murphy said, less than an hour after telling people to leave.
Persons: David Dee Delgado, Phil Murphy, Murphy, David Ljunggren, Mark Potter Organizations: New, New Jersey State Troopers, REUTERS, New Jersey Meadowlands Sports, New York Giants, Jets National Football League, The New Jersey State Police, Thomson Locations: New Jersey, Rutherford , New Jersey, U.S, East Rutherford, The
Shein's website drew 28.6 million unique monthly visitors in October, up 7.25% from a year earlier, according to Similarweb. Amazon trounces both online retailers with 56% of its 268 million unique monthly visits in October resulting in purchases, its data shows. Temu, which launched in the U.S. in September 2022, is offering deals for cheap goods for the holiday shopping season. Shein is ramping up holiday marketing in the U.S. and Europe as it extends its reach and products on its platform. Peter Pernot-Day, head of corporate strategy at Shein, said Shein has advised its marketplace sellers "to optimize their product listings" by "providing competitive pricing and keeping inventory up to date."
Persons: David, Dee, Delgado, Temu, Shein, Inditex's Zara, Melissa Minkow, Peter Pernot, Arriana McLymore, Nick Zieminski Organizations: REUTERS, Missguided, CI, Thomson Locations: New York City, U.S, Singapore, Europe, Similarweb, New York
The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsNov 22 (Reuters) - Chrysler-parent Stellantis (STLAM.MI) said on Wednesday it has repurchased 50 million common shares from Dongfeng Motor (Hong Kong) International (0489.HK) for about 934 million euros ($1.02 billion). Stellantis, which has a joint venture with Dongfeng Motor in China, said it plans to cancel these shares and the transaction with Dongfeng would not impact its 1.5 billion euros open-market repurchase program. Chinese automaker Dongfeng would retain 49.2 million common shares, which represents 1.58% of Stellantis' share capital post-cancellation. ($1 = 0.9168 euros)Reporting by Priyamvada C in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: David, Dee, Delgado, Priyamvada, Shilpi Majumdar Organizations: New York, REUTERS, Chrysler, Dongfeng, HK, Thomson Locations: Manhattan , New York City, U.S, Hong Kong, China, Bengaluru
[1/2] The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsMILAN, Nov 21 (Reuters) - Carmaker Stellantis (STLAM.MI) and Chinese EV battery giant CATL (300750.SZ) said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric vehicle (EV) production in Europe. The two companies said in a joint statement they were also considering a possible investment to set up a 50-50 joint venture to support the automakers' electrification strategy. Stellantis and CATL said the memorandum of understanding (MoU) announced on Tuesday outlined a long-term collaboration between the two groups, including "identifying opportunities to further strengthen the battery value chain". For its EV battery needs in Europe Stellantis is building three gigafactories, in France, Germany and Italy through its ACC joint venture with Mercedes (MBGn.DE) and TotalEnergies (TTEF.PA), while others might follow in the region.
Persons: David, Dee, Delgado, Alfa Romeo, Stellantis, CATL, Robin Zeng, Carlos Tavares, Giulio Piovaccari, Chizu Organizations: New York, REUTERS, EV, Franco, Jeep, Peugeot, Fiat, Alfa, ACC, Mercedes, Fiat Chrysler, PSA, Thomson Locations: Manhattan , New York City, U.S, Europe, Italian, France, Germany, Italy
REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsCompanies Toyota Motor Corp FollowNov 20 (Reuters) - Toyota (7203.T) will pay $60 million to settle a U.S. regulator's charges it illegally prevented car buyers from canceling unwanted product bundles that increased their monthly loan payments, and tarnished buyers' credit reports. The Consumer Financial Protection Bureau (CFPB) on Monday said Toyota Motor Credit, the automaker's U.S.-based lending arm, will pay a $12 million civil fine and $48 million to car buyers harmed since 2016. Toyota Motor Credit, based in Plano, Texas, provides financing for people who buy vehicles at Toyota dealerships, with nearly 5 million customer accounts as of Oct. 2022. Toyota Motor Credit was also accused of falsely telling credit reporting agencies that borrowers had missed payments, and failing to promptly correct negative information for more than 27,500 borrowers. Under a consent order, and without admitting or denying liability, Toyota Motor Credit agreed to make it easy to cancel unwanted product bundles.
Persons: David, Dee, Delgado, Jonathan Stempel, Chizu Nomiyama, Bill Berkrot Organizations: New York, REUTERS, Rights, Toyota Motor, Toyota, Consumer Financial Protection Bureau, Monday, Motor Credit, Toyota Motor Credit, Thomson Locations: Manhattan , New York City, U.S, Plano , Texas, Monday's, New York
A person waits for a teller at a Signature Bank branch in New York City, U.S., March 13, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 19 (Reuters) - Blackstone (BX.N) is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's (FDIC) sale of Signature Bank debt, Bloomberg News reported on Sunday. In September, the FDIC was seeking buyers for the $33 billion commercial real estate loan portfolio of failed New York lender Signature Bank. The entire portfolio sale has yet to close," it said. Blackstone, and Newmark Group did not immediately respond to requests for comment.
Persons: David, Dee, Delgado, Newmark, Blackstone, Chandni Shah, Lisa Shumaker, Bill Berkrot Organizations: Bank, REUTERS, Blackstone, U.S . Federal Deposit Insurance, Signature Bank, Bloomberg, Starwood Capital Group, Brookfield Asset Management, FDIC, Newmark Group, Thomson Locations: New York City, U.S, New York, Bengaluru
Donald Trump Jr. in court for his family's civil fraud trial in New York. AP Photo/Phelan M. EbenhackThe first defense expert witness: a Trump mega-donorThe third defense witness to take the stand, developer Steven Witkoff, was, like Donald Trump, Jr., hardly an objective source of testimony. But on Tuesday he became Trump's first expert witness, in the field of real estate valuation. His multi-billion-dollar brokerage firm, Lockton Companies, earned $1.2 million last year as Trump's insurance broker, he said. He said he didn't have a real estate license — he doesn't need one to be a broker, he explained.
Persons: , Donald Trump, Donald Trump , Jr, Junior, Donald Trump Jr, David Dee Delgado, Christopher Kise, Trump, Kise, Phelan M, Ebenhack, Steven Witkoff, Witkoff, Trump's, Eduardo Munoz Alvarez, Jason Flemmons, Flemmons, James, Flemmons flubbed, Steven Laposa, Laposa, LIV, Timothy A, Clary, Gary Giulietti, Giulietti Organizations: Trump, Service, New, AP, Republican, Woolworth, Supreme, Securities and Exchange Commission, SEC, Getty, Lockton Companies, Zurich Insurance Group Locations: New York, Manhattan, Trump, New Jersey
People attend a Stellantis presentation at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsWASHINGTON, Nov 17 - United Auto Workers (UAW) members at Chrysler parent Stellantis NV (STLAM.MI) have voted to ratify tentative record-setting labor deal, the union's vote tracker showed on Friday. The contract also hikes wages of current temporary workers by 150% by 2028 and will make them permanent employees. Workers on Thursday at General Motors (GM.N) voted to approve the deal, with about 55% of nearly 36,000 members in favor. Another 2,500 Stellantis U.S. salaried workers are unionized and are not being offered the current buyout.
Persons: David, Dee, Delgado, Stellantis, David Shepardson, Nathan Gomes, Arun Koyyur, Nick Zieminski, Jonathan Oatis Organizations: New York, REUTERS, Rights, United Auto Workers, UAW, Chrysler, Stellantis, Detroit Three, Workers, General Motors, Ford, Thomson Locations: Manhattan , New York City, U.S, Washington, Bengaluru
George Brown, a founding member and drummer of the group Kool & the Gang, who played on funk, disco and pop hits that featured prominently in movies and have been sampled numerous times, died on Thursday in Long Beach, Calif. His death, at a hospital, was confirmed in a statement by the band’s publicist, who said the cause was cancer. Mr. Brown had said publicly that he had lung cancer. Mr. Brown, known as Funky, was a key contributor to several of the band’s biggest hits, including “Ladies Night,” “Jungle Boogie” and the party anthem “Celebration.”In a July interview with NPR, he described Kool & the Gang as “the sound of happiness.”In 1964, Mr. Brown linked up with Ricky Westfield and the brothers Ronald Khalis Bell and Robert “Kool” Bell, as well as other friends — Spike Mickens, Dennis “Dee Tee” Thomas and Charles Smith — to form a band that would combine jazz, funk, disco and R&B and create some of the most memorable pop songs of their era.
Persons: George Brown, Brown, . Brown, , Ricky Westfield, Ronald Khalis Bell, Robert “ Kool ” Bell, — Spike Mickens, Dennis “ Dee Tee ” Thomas, Charles Smith — Organizations: NPR, Mr Locations: Long Beach, Calif
Trump's lawyers complain to New York Supreme Court Justice Arthur Engoron that their gag order prevents them from complaining more. With no jury, Trump is the audienceThe trial is a bench trial, meaning there's no jury. he quipped to one of Trump's lawyers, Christopher Kise, who had objected to one of his rulings about how to structure several questions. AdvertisementJudge Arthur F. Engoron presides over former President Donald Trump's civil business fraud trial at the New York Supreme Court. Trump's lawyers have hemmed and hawed about Greenfield, Engoron's principal law clerk, who has donated to Democratic politicians.
Persons: Trump's, there's, , Donald Trump, Arthur Engoron, Michael Cohen's, Trump, Letitia James, Engoron, James, Eric Trump, Donald Trump , Jr, Allen Weisselberg, Jeff McConney —, Jamie White, litigator, who's, White, Alina Habba, Christopher Kise, Seth Wenig Engoron, Kise, He's, Randy Zelin, Hillary Clinton, Engoron's, Allison Greenfield, — Trump, Arthur F, Donald Trump's, Mike Segar, Jean Carroll, Carroll, defaming, Trump —, Lewis Kaplan, Kaplan, Donald Trump Jr, David Dee Delgado, Zelin, he's Organizations: Service, Trump Organization, New York, York, AP, US Justice Department, Cornell Law School, Fox News, New York Supreme, Trump, Democratic Locations: York, Manhattan, New, New York, earshot, Greenfield, Woodstock
The United States, Russia and Britain, who are council veto-powers, abstained from Wednesday's vote on the resolution drafted by Malta. The United States has backed pauses, while Russia has pushed for a ceasefire. The Security Council attempted four times in two weeks in October to act. Russia failed twice to get the minimum votes needed, the United States vetoed a Brazilian-drafted resolution and Russia and China vetoed a U.S.-drafted resolution. It also calls on all parties not to deprive civilians in Gaza of basic services and humanitarian aid needed for their survival, welcomes the initial, limited deliveries of aid, but calls for that to be increased.
Persons: David, Dee, Vassily Nebenzia, Linda Thomas, Greenfield, Barbara Woodward, Thomas, U.N, Michelle Nichols, Paul Grant, Emelia, Grant McCool, Daniel Wallis Organizations: Hamas, United Nations Security Council, REUTERS, UNITED NATIONS, United Nations Security, United, U.S, United Nations, Security, Gaza, Thomson Locations: Israel, Palestinian, U.N, New York, U.S, Gaza, United States, Russia, Britain, Malta, China
REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 13 (Reuters) - Chrysler-parent Stellantis (STLAM.MI) said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Auto Workers contract. The buyouts would be about half the company's salaried U.S. employees not represented by a union, which is currently 12,700. Another 2,500 Stellantis U.S. salaried workers are unionized and are not being offered the current buyout. Salaried employees must have at least five years of experience to be offered a voluntary departure package. In October 2022, Stellantis offered voluntary buyouts to its U.S. salaried employees who were aged 55 or older and had worked for the automaker at least 10 years.
Persons: David, Dee, Delgado, Stellantis, Mark Stewart, Natalie Knight, David Shepardson, Leslie Adler, Lisa Shumaker Organizations: New York, REUTERS, Chrysler, United Auto Workers, Employees, UAW, Thomson Locations: Manhattan , New York City, U.S, Canada, North America
Researchers have known for a while that beer production will be affected by climate change, said Mirek Trnka, a professor at the Global Change Research Institute. Political Cartoons View All 1240 Images"If we don’t act, we’re just going to also lose things that we consider not to be, for example, sensitive or related to climate change. Climate change moves faster than we might realize – but still too slowly for many to notice, he said. Hayes kept the card in his office, and has made it his life’s mission to work on improving winter barley. No matter what farmers and companies do with hops and winter barley, climate change may affect what beer-lovers are able to buy in the future.
Persons: crisscrossed Gayle Goschie's, Goschie, Mirek Trnka, we’re, , Trnka, Shaun Townsend, Townsend, Kevin Smith, Smith, – Patrick Hayes, Oregon State University –, Hayes, Ashley McFarland, Douglass Miller, ” Hayes, Dee, Ann Durbin, Walling, ___, Melina Walling, Read Organizations: Change Research, Nature Communications, Oregon State University, University of Minnesota, Barley, Molson Coors, Anheuser Busch, Associated, Cornell, Associated Press, AP Locations: ANGEL, Portland , Oregon, Goschie, Willamette, U.S, Europe, Midwest, Detroit, Chicago
REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 10 (Reuters) - Honda Motor (7267.T) said on Friday it was implementing an 11% pay hike for production workers at its U.S. facilities from January, days after the United Auto Workers (UAW) union and the Detroit Three automakers agreed to new contracts. Non-unionized automakers such as Honda have come under pressure to improve pay and benefits following record contracts the UAW won at the Detroit Three automakers. "Union auto workers own this victory," Biden said in a Friday post on X. Honda's pay hike comes after Toyota (7203.T) said last week it was raising the wages of its non-union U.S. factory workers. Honda had told Reuters it was evaluating the recent UAW deals with the Detroit Three automakers and would remain competitive.
Persons: David, Dee, Delgado, Joe Biden, Biden, carmakers Tesla, Priyamvada C, Nathan Gomes, David Shepardson, Anil D'Silva, Krishna Chandra Eluri, Aurora Ellis Organizations: New York, REUTERS, Honda, United Auto Workers, UAW, Detroit Three, U.S, Toyota, autoworkers, General Motors, Ford Motor, Chrysler, UAW . Union, Detroit, Tesla, Reuters, Thomson Locations: Manhattan , New York City, U.S, Illinois, America, United States
Honda gives US production workers 11% pay hike
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: 1 min
A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 10 (Reuters) - Honda Motor (7267.T) said on Friday it was implementing an 11% pay increase for production workers at its U.S. facilities from January. The company also said it would cut the time it takes for a worker to get to the top wage tier to three years from six, confirming an earlier Wall Street Journal report. The move comes as non-unionized automakers such as Honda come under pressure to improve pay and benefits following record contracts that the United Auto Workers (UAW) union won at the Detroit Three automakers. Reporting by Priyamvada C and David Shepardson; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
Persons: David, Dee, Delgado, Priyamvada C, David Shepardson, Anil D'Silva Organizations: New York, REUTERS, Honda, United Auto Workers, UAW, Detroit Three, Thomson Locations: Manhattan , New York City, U.S
Broadway, as always, is giving us lessons on language and its connection to music. The stellar new production of “Purlie Victorious,” not seen on Broadway since 1961, is Exhibit A. If the production discomfited me in any way it was that every 15 minutes I was waiting for someone to start singing. To impersonate the cousin, Purlie enlists an awkward young woman, Lutiebelle, who in the process falls in love with him. The play was written by Ossie Davis, who played the lead in the original production alongside his wife, Ruby Dee, as Lutiebelle.
Persons: , , , who’s miring, Purlie, Lutiebelle, Ossie Davis, Ruby Dee, Leslie Odom Jr, Aaron Burr, “ Hamilton Organizations: Broadway Locations: Spain, Georgia, American
Opinion | The ’23 Elections and the Abortion Effect
  + stars: | 2023-11-08 | by ( ) www.nytimes.com   time to read: +3 min
After Tuesday’s elections, you write, “The political potency of abortion rights proved more powerful than the drag of President Biden’s approval ratings in Tuesday’s off-year elections.”What do Mr. Biden’s approval ratings have to do with abortion rights on the ballot? Andy Beshear in Kentucky highlights many reasons why President Biden needs to pass the torch. As a lifelong Democrat, I am mystified why Mr. Biden does not gracefully step aside. He won 52 percent of the vote in a red state that Mr. Biden lost by 26 points in 2020. I implore Mr. Biden to listen to the wishes of the American people and let a new leader arise.
Persons: Biden’s, Dee Baer, Matt C, Abbott, Re “ Beshear, Conservative Kentucky ”, Andy Beshear, Biden, Mr, Beshear, Donald Trump, Trump, Eric De Jonge Chevy Organizations: New York Times, Democratic, “ Voters, Republicans, Conservative Kentucky, Gov Locations: Tuesday’s, Virginia, Ohio, Dee Baer Wilmington, Del, Koltek Louisville, Abbott Lake Geneva, Wis, Conservative, Kentucky, Eric De Jonge Chevy Chase, Md, America
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