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Edey was joined by Marquette guard Tyler Kolek, Kansas center Hunter Dickinson, Duke big man Kyle Filipowski and North Carolina forward Armando Bacot. Edey is the second straight AP player of the year to return for another season, following Kentucky's Oscar Tschiebwe in 2021-22. Well, he doesn’t have that.”Kolek had a dynamic second season at Marquette after transferring from George Mason. 5 ranking in the AP preseason poll. He averaged 13.7 points and 10.1 rebounds while shooting 56% from the floor last season to earn third-team AP All-America honors.

Persons: Zach Edey, I'd, ” Edey, ”, Edey, Tyler Kolek, Hunter Dickinson, Duke, Kyle Filipowski, Armando Bacot, Fairleigh Dickinson, Oscar Tschiebwe, Matt Painter, “, There’s, ” Kolek, George Mason, Kolek, “ It's, Dickinson, I’ve, Bill Self, Filipowski, Bacot, ___ Organizations: NBA, Purdue, Associated Press, America, Boilermakers, Marquette, AP, Fairleigh, Big, Golden Eagles, Michigan, Kansas, Duke, ACC, Devils Locations: Tyler Kolek , Kansas, North Carolina, ” Kansas, Chapel Hill

The United Auto Workers union has once again escalated its strikes against big Detroit automakers, this time adding a factory that makes Ram pickup trucks for Stellantis. No progress was reported with Ford, which last week said it had the best offer of the three. The union went on strike Sept. 15 at one assembly plant from each company. By taking down the Stellantis factory, the union is signaling Ford and GM to improve their offers, Wedbush analyst Dan Ives said. Each time the automakers make an offer, Fain said, they insist it’s the best they can do, only to return days later with a better offer.

Persons: Shawn Fain, Ford, Stellantis, Dan Ives, Fain, ” Ives, “ We’ve, they’ve, ” Fain, ” ____ Koenig Organizations: United Auto Workers, Detroit automakers, Sterling, General Motors, Ford, UAW, Fiat Chrysler, France's PSA Groupe, GM Locations: Sterling Heights , Michigan, Louisville , Kentucky, Stellantis, Dallas

☆ Mitch McConnell refuses to say whether he is fit to serve in Congress, but claims he has 'recovered' after freezing up in public
▼ + stars: | 2023-10-23 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Mitch McConnell sparked health concerns after a series of public freeze-ups this summer. However, he did not answer a question on whether he is fit to continue serving in Congress. AdvertisementAdvertisementSenate Minority Leader Mitch McConnell refused to answer whether or not he is fit to continue serving in Congress. "I'm in good shape — completely recovered and back on the job," McConnell told CBS moderator Margaret Brennan. Over the summer, McConnell sparked health concerns after appearing startled and disoriented at press conferences in Kentucky and Washington.

Persons: Mitch McConnell, —, McConnell, Margaret Brennan, Brennan, Brian Monahan Organizations: CBS, Service Locations: Kentucky, Washington

[1/2] United Auto Workers president Shawn Fain meets with striking UAW members from the General Motors Lansing Delta Plant, as they picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON/DETROIT, Oct 23 - The United Auto Workers (UAW) union went on strike at Chrysler-parent Stellantis's largest assembly plant on Monday, hitting the automaker's profitable RAM 1500 pickup truck production in a major expansion of the more than month-old strike. The union has demanded a 40% wage hike, including a 20% immediate increase, improvements in benefits, as well as covering EV battery plant workers under union agreements. He said the Detroit Three had converged on a 23% wage hike offer and made progress on other issues but told UAW members "there is more to be won". Fain also told UAW members the talks were nearing an end.

Persons: Shawn Fain, Rebecca Cook, Tim Ghriskey, Ingalls & Snyder, Fain, Arthur Wheaton, Stellantis, Wheaton, Bill Ford, Henry Ford, Ford, David Shepardson, Joe White, Ben Klayman, Sriraj Kalluvila, Deepa Babington Organizations: United Auto Workers, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, WASHINGTON, UAW, Chrysler, Detroit, Ford, General Motors, Detroit Three, EV, Sterling, Ford's, Ingalls &, Labor, Korean, Twitter, Cornell University, GM, Anderson Economic, Thomson Locations: Delta Township, Michigan, DETROIT, Ford's Kentucky, U.S, Milan, New York, Washington, Detroit, Bengaluru

☆ Republicans: House circus embarrasses senior party leaders as the country and the world wait for a speaker
▼ + stars: | 2023-10-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The uprising that began nearly three weeks ago with the toppling of Speaker Kevin McCarthy has now weakened three of the most powerful figures in the House GOP. Twisting colored squares together in the right order seems simple by comparison with attempts to unite a House Republican conference unable to comprehend how clownish it looks. “We need (a speaker) because the House can’t do anything without a speaker,” Senate Republican leader Mitch McConnell of Kentucky said on CBS’ “Face the Nation” Sunday. “This is probably one of the most embarrassing things I’ve seen because if we don’t have a speaker of the House, we can’t govern. “This is embarrassing for the Republican Party.

Persons: shutdowns, Jim Jordan, Steve Scalise, Kevin McCarthy, McCarthy, Scalise, Jordan, “, Mike Turner, Mitch McConnell, procrastinate, Joe Biden, Vladimir Putin, It’s, Donald Trump, Matt Gaetz, ”, Trump, Michael McCaul, ” McCarthy, Tom Emmer, Emmer, Kevin Hern of, Jack Bergman of, Austin Scott of Georgia, Byron Donalds of, Mike Johnson of, Pete Sessions, Dan Meuser, Gary Palmer of, Newt Gingrich –, GOP –, ” Gingrich Organizations: CNN — House Republicans, Republican Party, ”, Intelligence, Republican, Kentucky, CBS, Biden, GOP, The, Democratic, White, California Republican, Republicans, Trump, Florida, Foreign, Texas Republican, ABC, Press, Caucus, Marine, Jordan, Black Republicans, Pete Sessions of Texas, Committee, Fox News, firebrand Georgia Republican Locations: Washington, Israel, “ State, Ukraine, Kyiv, California, Texas, Minnesota, Kevin Hern of Oklahoma, Jack Bergman of Michigan, Byron Donalds of Florida, Mike Johnson of Louisiana, Pennsylvania, Gary Palmer of Alabama

☆ As U.S. Debt Surges, Europe Brings Its Own Under Control
▼ + stars: | 2023-10-22 | by ( Paul Hannon | ) www.wsj.com time to read: 1 min

Rep. Thomas Massie, a Republican from Kentucky, wears a homemade national debt clock pin on Capitol Hill in January. Photo: Ting Shen/Bloomberg NewsThroughout the Covid-19 pandemic and then Russia’s invasion of Ukraine, both the U.S. and Europe borrowed heavily. Now with those emergencies in the rear-view mirror, a divergence has emerged: Even as the U.S. continues to let deficits rip, Europe’s are on track to narrow significantly. This is in contrast to a decade ago, when deficits in the wake of the global financial crisis pushed some members of the euro area to the brink of default. The lessons of that episode, coupled with eurozone rules, have served to impose discipline on European governments that for now is entirely absent in the U.S.

Persons: Thomas Massie, Ting Shen Organizations: Republican, Bloomberg, U.S Locations: Kentucky, Ukraine, Europe, U.S

☆ GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week
▼ + stars: | 2023-10-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

General Motors and Ford Motor report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union. Patrick T. Fallon | AFP | Getty ImagesThe UAW has consistently used earnings reports and commentary from executives, including GM CEO Mary Barra and Ford CEO Jim Farley, to promote its efforts and collective bargaining. "If GM, Ford and Stellantis are still very profitable for the third quarter, [UAW's] going to claim that, 'They're being too cheap in bargaining, and they should give us more.'" GM has said the work stoppage cost it roughly $200 million in lost production in September. UAW impactJPMorgan estimates strike costs amounted to $145 million at Ford and $191 million at GM in terms of earnings before interest and taxes during the third quarter.

Persons: Jim Farley, Ford, Mary Barra, Patrick T, Fallon, Wheaton, Ford —, Shawn Fain, Wolfe, Rod Lache, Lache, EVs Organizations: General Motors Reuters, General Motors DETROIT, Motors, Ford Motor, United Auto Workers, GM, Ford, LSEG, UAW, Stellantis, Local, Chrysler Corporate, Division, AFP, Getty, Worker Institute, Cornell University, Ford Expedition, Lincoln, Detroit, Detroit automakers Locations: Ontario , California, Kentucky

☆ These redistricting fights could determine which party controls the House
▼ + stars: | 2023-10-22 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +16 min

Before the court action, Alabama – which is 27% Black – had only one Black-majority congressional district out of seven seats. The case is expected to land before the all-Republican state Supreme Court, where DeSantis appointees hold most seats. A separate federal case in Georgia challenges the congressional map on constitutional grounds and is slated to go to trial next month. UtahThe state Supreme Court, in a case it heard in July, is considering whether it even has the authority to weigh in on map-drawing decisions by the GOP-controlled state legislature. Advocacy groups and a handful of voters are challenging a congressional map that further carved up Democratic-leaning Salt Lake County between four decidedly Republican districts.

Persons: “, ”, David Wasserman, Amy Walter, Wasserman, Adam Kincaid, Kincaid, it’s, Nick Seabrook, –, John Roberts, Brett Kavanaugh, Ron DeSantis, Al Lawson, Steve Jones, Jones preliminarily, Andy Barr, Amy McGrath, Barr, Kareem Crayton, Brennan, Gabe Vasquez –, Chris Cooper, Jeff Jackson, Wiley Nickel, Kathy Manning, Don Davis, Valerie Foushee –, Davis, Roy Cooper, Nancy Mace, Kevin McCarthy Organizations: CNN, Democratic, Republicans, The, Republican, Black, National Republican Redistricting Trust, University of North, House, US, Gov, Black Democrat, Georgia Republicans, – Democratic, Congressional, Republican –, GOP, Louisiana Republicans, Appeals, Brennan Center for Justice . New, Brennan Center for Justice . New Mexico Republicans, New, New York Republicans, North Carolina, Democrats, Western Carolina University, Foushee, North, Democratic Gov, Supreme, Republican Rep, House GOP Locations: North Carolina, New York , Louisiana, Georgia, Alabama, New York, University of North Florida, America, Louisiana, Florida, Black, North Florida, Atlanta, Peach, . Kentucky, Kentucky, Frankfort, Democratic, Brennan Center for Justice . New Mexico, New Mexico, Mexico, Empire, “, Charlotte, Raleigh, Greensboro, state’s, Carolina, Charleston, Utah, Salt Lake County, Salt, Texas, Tennessee

11 Alabama uncorked 27 straight second-half points in rallying for a 34-20 victory over No. With its national title hopes on the brink, Alabama (7-1, 5-0 Southeastern Conference) turned in its most dominant half of the season. Milroe completed 14 of 21 passes for 220 yards, with a 46-yard touchdown less than a minute into the second half and an earlier 10-yarder to Jermaine Burton. Alabama turned Vols coach Josh Heupel's second failed fourth-down gamble shy of midfield territory into its first lead. The Tide looked like a complete team in the second half, though.

Persons: Jalen Milroe, Jihaad Campbell, ‘, Jase McClellan, Joe Milton III, Cambell, Chris Braswell, Milroe, Jermaine Burton, McClellan, Milton, Josh Heupel's, Will Reichard's, Wright Organizations: Alabama uncorked, Tennessee, Conference, Milroe, Volunteers, SEC, Vols, Tide, Alabama, Texas, Arkansas, UP NEXT Tennessee, SEC East, SEC West, LSU, AP Locations: TUSCALOOSA, Ala, Alabama, Milton, Tuscaloosa, Tennessee, UP, Kentucky

Fain confirmed the Detroit Three had converged on a 23% wage hike offer and made progress on other issues. But he told UAW members "there is more to be won". While warning of possible expanded strikes, Fain also told UAW members the talks were closing in on an end. Walkouts began at the three automakers on Sept. 15 and now more than 34,000 union members are waging the UAW's first simultaneous strikes against the Detroit Three. Fain declared "the days of the UAW and Ford being a team to fight other companies are over."

Persons: Rebecca Cook, Shawn Fain, we've, Fain, Walkouts, Bill Ford, Henry Ford, Ford, Tesla, Stellantis, Joseph White, Ben Klayman, Pratyush Thakur, Sayantani Ghosh, Sriraj Kalluvila, Peter Henderson, David Gregorio Our Organizations: General Motors, REUTERS, Rights, United Auto Workers, Detroit Three, UAW, Chrysler, Detroit, Ford, GM, Toyota, Anderson Economic, Thomson Locations: Detroit , Michigan, U.S, Ford's, Kentucky, Detroit, Bengaluru

Fain acknowledged some union members want to vote on the offers the union bargainers have in hand. He urged UAW members not to give in to what he called "fear, uncertainty, doubt and division" sowed by the companies. More than 34,000 union members working at the three automakers are on strike since the walkouts began on Sept. 15. The demand included a 20% immediate increase, elimination of different pay scales among UAW workers and restoration of defined benefit pension plans. The GM offer "suggests we may be in the endgame," said University of California Berkeley labor professor Harley Shaiken.

Persons: Rebecca Cook, Shawn Fain, Fain, General Motors GM.N, Harley Shaiken, Ford, We've, Stellantis, Ford hasn't, Shaiken, it's, Tesla, Bill Ford, Joseph White, Ben Klayman, Pratyush Thakur, Sayantani Ghosh, Sriraj Kalluvila, Peter Henderson, David Gregorio Our Organizations: General Motors, REUTERS, Rights, United Auto Workers, UAW, General, Chrysler, GM, Ford, Bloomberg News, Detroit Three, of California, Ford's, Toyota, Anderson Economic, Detroit, Thomson Locations: Detroit , Michigan, U.S, of California Berkeley, Kentucky, Arlington , Texas, Detroit, Bengaluru

☆ Wall Street notches weekly loss as benchmark US bond yield eases
▼ + stars: | 2023-10-20 | by ( Stephen Culp | ) www.reuters.com time to read: +5 min

[1/4] A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. While the benchmark yield eased back from that level, it posted its largest weekly surge since April 2022, powered by solid economic data. 10 year Treasury yield and the Fed funds target rateStrong U.S. retail sales in September reinforced ideas that the Fed may need to keep interest rates high for longer, Hainlin said. The yield on U.S. 10-year Treasury notes, the bedrock of the global financial system, pulled back after breaching the 5% level late Thursday. Benchmark 10-year notes last rose 19/32 in price to yield 4.9094%, from 4.988% late on Thursday.

Persons: Lucas Jackson, Ross Mayfield, Mayfield, Jerome Powell, Powell, Tom Hainlin, Hainlin, Sterling, Brent, Stephen Culp, Marc Jones, Rod Nickel, Jonathan Oatis Organizations: New York Stock Exchange, REUTERS, U.S, Federal Reserve, Treasury, Nasdaq, Baird, Federal, Bank Wealth Management, Dow Jones, Japan's Nikkei, Thomson Locations: Louisville , Kentucky, Minneapolis, Israel, Gaza, Asia, Pacific, Japan, London

☆ GM makes new offer to UAW, sees movement in all key areas
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. "We have made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work," the company said in a statement. The automaker said the new 23% general wage increase offer represents a 25% compounded wage rise over the life of the agreement, with 10% hike in the first year. The UAW had no immediate comment ahead of a planned Facebook address by its president, Shawn Fain, at 4 PM ET. The total economic losses from the UAW strike have reached $7.7 billion, according to the latest data from economic consultancy Anderson Economic Group, with the Detroit Three suffering losses of $3.45 billion.

Persons: Rebecca Cook, Shawn Fain, Fain, Tesla, Bill Ford, Pratyush Thakur, Sriraj Organizations: General Motors, REUTERS, UAW, Ford's, Motors, Chrysler, Detroit Three, Toyota, Ford, Anderson Economic, Detroit, Thomson Locations: Detroit , Michigan, U.S, Kentucky, Arlington , Texas, Bengaluru

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. The UAW strike has hit the one-month mark, with more than 34,000 union members working at Ford, General Motors and Chrysler parent Stellantis out on strike, including those who went out on strike at Ford's cash-cow Kentucky pickup truck plant last week. The supplier is considering temporary layoffs and other ways to cut spending to counter the impact of UAW strikes, Durand told reporters. "Given the organic growth out-performance across the regions (excluding North America) and continued execution of synergies, the outlook for 2024 organic growth and margin expansion looks intact," Citi analysts wrote in a client note. It reiterated a 2023 sales forecast of 26.5 billion to 27.5 billion euros and an operating margin target of 5.2% to 6.2%.

Persons: Rebecca Cook, Olivier Durand, Durand, Forvia, Michal Aleksandrowicz, Milla Nissi, Tomasz Janowski, Jan Harvey Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, Ford, GM, General Motors, Chrysler, Citi, Thomson Locations: Delta Township, Michigan, Forvia, Kentucky, North America, Gdansk

☆ UAW workers at ZF plant in Alabama ratify labor deal, end strike
▼ + stars: | 2023-10-20 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

An American flag flies in front of the United Auto Workers union logo on the front of the UAW Solidarity House in Detroit, Michigan, September 8, 2011. The union said the strike by 190 workers was over after a tentative agreement had been ratified. About 34,000 UAW members remain on strike at the Detroit Three automakers - Ford Motor (F.N), General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI). The UAW last expanded its strike on Oct. 11 when it walked out at Ford's Kentucky Truck Plant, the company's largest plant worldwide. Ford said late on Wednesday that it was temporarily laying off another 150 workers because of the strike, bringing the total to 2,730 workers furloughed since the start of the strike.

Persons: Shawn Fain, Stellantis, Ford, Fain, David Shepardson, Jonathan Oatis, Jamie Freed Organizations: United Auto Workers, UAW Solidarity House, U.S, Motors, Chrysler, UAW, Mercedes, Workers, ZF, Benz, Tuscaloosa, Detroit Three, Ford, General Motors, GM, Ford's, Thomson Locations: American, Detroit , Michigan, Alabama, Tuscaloosa, Ohio

Powdered drink mixes that are widely promoted as “toddler milks” for older babies and children up to age 3 are unregulated, unnecessary and “nutritionally incomplete,” the American Academy of Pediatrics warned Friday. Also, toddler drinks are different than medical formulas prescribed for specific conditions, such as heart disease or problems digesting certain foods. Fuchs and other experts point to the lack of common standards for toddler milks, which means the ingredients vary widely among brands. The group also wants requirements to ensure the products are not linked to regulated infant formula or sold next to formula. A health group petitioned the FDA in 2020 to regulate toddler milks, but the agency is still reviewing the request.

Persons: George Fuchs, Fuchs, milks, ”, Frances Fleming, Milici, “ They’re, Fleming, “ Organizations: American Academy of Pediatrics, U.S . Food, Drug Administration, Rudd Center for Food Policy, Health, University of Connecticut, University of Kentucky, Infant Nutrition Council of America, Abbott Nutrition, Perrigo, AAP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP

☆ UAW head Shawn Fain to hold live event on Friday amid auto strikes
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

United Auto Workers President Shawn Fain addresses the audience during a rally in support of striking UAW members in Detroit, Michigan, U.S., September 15, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 19 (Reuters) - United Auto Workers President Shawn Fain will hold a Facebook Live event on Friday, the union said, as 34,000 of its members continue selective strikes against the Detroit Three automakers over the failure to reach agreements on new contracts. The UAW last expanded its strikes on Oct. 11 when members walked out at Ford's Kentucky truck plant, the company's largest and most profitable plant globally. Fain said last week that UAW members would now walk out of additional Detroit Three facilities without warning rather than waiting until Fridays to announce new plans, as the union had done initially. UAW members who went on strike at Mercedes supplier ZF's plant in Alabama last month demanding higher pay and better healthcare benefits ended a nearly month-long walkout on Thursday.

Persons: Shawn Fain, Rebecca Cook, Fain, Baranjot Kaur, Jamie Freed Organizations: United Auto Workers, REUTERS, Detroit Three, Ford Motor, General Motors, Chrysler, GM, UAW, Detroit, Thomson Locations: Detroit , Michigan, U.S, Ford's Kentucky, Alabama, Bengaluru

casey newton[CHUCKLES]:: And it would be so funny if the AI actually already was deceptive and was just like, oh, yeah, Kevin, you’ve already figured us out. But I also think it’s part of this sort of undercurrent of the conversation, especially around AI right now. Marc Andreessen — he is clearly so angry at all of the people who criticize technology, technology companies, tech investors. And he is just really, really going after that crowd with this piece. brent sealesYou know I don’t really know.

Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton, hasn’t, kevin roose I’m, I’m, KEVIN, casey newton Yes, Kevin Roose, ” casey newton, Casey Newton, Marc Andreessen, Casey, we’ve, kevin roose Totally, Claude chatbot, Claude, Anthropic’s, chatbot, Anthropic hadn’t, Anthropic, Kevin, — they’re, roose, Meta, it’s, I’ve, Bard, casey newton It’s, there’s, you’ve, casey newton Yeah, didn’t, Kevin — I’m, it’ll, Kevin —, Andreessen Horowitz, Uncle Marc, ”, “ you’re, Tucker Carlson, Jesus Christ, casey newton Well, kevin roose Oh, he’s, McCarthy, —, Nick Land, casey newton Totally, You’re, Daron Acemoglu, Simon Johnson, It’s, Marc Andreessen —, they’re, Nietzschean supermen, Nietzschean, Marc, casey newton Heck, Andreessen, Marc Andreessen decries, Marc Andreessen’s, CASEY, kevin roose That’s, you’re, Nat Friedman, who’s, Daniel Gross, John, Patrick Collison, Toby Lutke, Shopify, Aaron Levie, Brent Seales, — casey newton, There’s, Luke Farritor, ” brent seales, brent seales, that’s, Seales, haters, brent seales That’s, you’ll, casey newton Yep, brent seales —, brent seales We’d, brent seales They’re, They’re, Luke, Brent, brent seales Pliny, Elder, Jesus, brent seales What’s, casey newton Right, we’re Organizations: YouTube, The New York Times, Facebook, Google, Intelligence, America, AIs, Stanford, Communist, Netscape, Fox News, Communist Party, Technology, Venture, Twitter, acc, kevin roose Venture, Companies, Meta, University of Kentucky, British Locations: ”, Anthropic, China, Florida, California, United States, Europe, Romanian, interpretability, Valley, America, Silicon, Silicon Valley, Vesuvius, Rome, Greece, Herculaneum, Venice, Roman

DETROIT (AP) — United Auto Workers union President Shawn Fain is expected to update members Friday afternoon on progress in contract talks with Detroit's three automakers as movement was reported with General Motors. The union's strikes at targeted plants at each company began on Sept. 15 and are nearing the start of their sixth week. A person briefed on the talks says the union is exchanging offers with GM and will meet again Friday with the company. The strikes started with one assembly plant from each company after contracts expired at 11:59 p.m. Sept. 14. The union later added the parts warehouses, then one assembly plant each from Ford and GM.

Persons: Shawn Fain, Fain, they’re, Gerald Johnson, ” Johnson, Ford, Stellantis Organizations: DETROIT, United Auto Workers, General Motors, GM, UAW, Ford, Equipment Market Association, Los Angeles Auto Show, CES Locations: America, Louisville , Kentucky, Kentucky

A United Auto Workers (UAW) union member wears a pin while picketing outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. With the United Auto Workers (UAW) strike entering its 36th day and the total economic cost pegged at more than $7 billion, companies are counting the cost of lost revenue amid an uncertain economy and persistent inflation. "The damage from the strikes will last long after UAW members return to work," University of Michigan professor Erik Gordon said. Earlier this week, consultancy firm Anderson Economic Group estimated the economic losses related to supplier wages and earnings of about $2.67 billion through fourth week of the strike. An agreement remains elusive so far and shares of automakers and suppliers have fallen since the strike began on Sept. 15.

Persons: Luke Sharrett, Erik Gordon, Gordon, Lear, John Murphy, Aptiv, Mikael Bratt, Raechel Thankam, Shivansh, Marie, Nathan Gomes, Arun Koyyur Organizations: United Auto Workers, UAW, REUTERS, Detroit Three, University of Michigan, Workers, Delta Air Lines, Detroit . Paints, PPG Industries, railroader Union, Analysts, General Motors, Ford Motor, Trucking, Magna International, Global Research, Anderson Economic Group, Reuters, EV, Auto, Marie Mannes, Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, Detroit, French, Forvia, Bengaluru, Stockholm

His comments come despite record contract offers from General Motors , Ford Motor and Stellantis that now include 23% hourly pay increases and other significantly enhanced benefits during the terms of the four and a half-year deal. "These are already record contracts, but they come at the end of decades of record decline. Despite Fain's comments, the union did not announce additional strikes Friday against any of the companies. He said it should be the UAW and Ford against foreign automakers," Fain said. About 34,000 U.S. automakers with the companies, or roughly 23% of UAW members covered by the expired contracts with the Detroit automakers, were on strike.

Persons: Shawn Fain, Fain, it's, they've, Bill Ford, Ford, Stellantis Organizations: DETROIT, United Auto Workers, Detroit, General Motors, Ford Motor, Bloomberg, Ford's, Ford, UAW, GM, Detroit automakers Locations: Stellantis, Ford's Kentucky

☆ Ford lays off another 150 workers citing UAW strike
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +1 min

Striking United Auto Workers (UAW) union workers picket outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 23, 2023. REUTERS/Dieu-Nalio Chery/File Photo Acquire Licensing RightsOct 18 (Reuters) - Ford Motor (F.N) said late on Wednesday it is laying off another 150 workers in Michigan because of the ongoing United Auto Workers strike, bringing the total to 2,730 workers furloughed. Ford said the UAW's walkout last week at its Kentucky Truck Plant prompted the new layoffs at a Michigan axle plant. Another 16,600 Ford employees are on strike at three assembly plants, including Kentucky Truck, the company's largest plant worldwide. The targeted strike against the Detroit Three automakers Ford, General Motors (GM.N) and Chrysler-parent Stellantis (STLAM.MI) began on Sept. 15.

Persons: Nalio Chery, Ford, David Shepardson, Muralikumar Organizations: United Auto Workers, UAW, Ford Michigan Assembly Plant, REUTERS, Ford, Plant, Kentucky, Detroit Three, General Motors, Chrysler, Thomson Locations: Wayne , Michigan, U.S, Dieu, Michigan

☆ Marlboro maker Philip Morris reports revenue miss, but strong sales of cigarette alternatives
▼ + stars: | 2023-10-19 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Philip Morris International Inc. Marlboro brand cigarettes are arranged for a photograph in Shelbyville, Kentucky, U.S., on Friday, Oct. 2, 2015. Philip Morris International on Thursday reported quarterly earnings that topped Wall Street's expectations but revenue that missed estimates, as sales for its heated tobacco and oral nicotine products remain strong. For the quarter ended September 30, Philip Morris posted revenue of $9.14 billion, compared to year-ago revenue of $8.03 billion, a 13.8% increase. He cited IQOS, its line of heated tobacco products, and its Zyn oral nicotine pouch as growth drivers. Zyn nicotine pouches are tobacco-free oral products touted by the company as a cleaner, more discreet way to consume nicotine.

Persons: Philip Morris, Jacek Olczak, Olczak, Zyn Organizations: Philip Morris International Inc, Marlboro, Philip Morris International, LSEG, Swedish Locations: Shelbyville , Kentucky, U.S

☆ Ford reshuffles top management as UAW strike drags on
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsCompanies Ford Motor Co FollowOct 18 (Reuters) - Ford Motor Co (F.N) on Wednesday announced a management rejig, promoting combustion vehicle unit chief Kumar Galhotra to the position of chief operating officer, even as the ongoing autoworkers strike shows little signs of ending. Galhotra, who previously headed Ford Blue unit that makes gas and hybrid vehicles, will now lead the automaker's global industrial system. Ford also named Andrew Frick as the new head of Ford Blue. Frick previously managed Ford Blue's sales and distribution functions, trucks, SUVs and enthusiast vehicles, and operations in Mexico and Canada.

Persons: Wolfgang Rattay, Kumar Galhotra, Galhotra, Ford, Andrew Frick, Frick, Nathan Gomes, Krishna Chandra Organizations: REUTERS, Ford, Ford Motor, Wednesday, Ford Blue, United Auto Workers, Anderson Economic Group, UAW, Thomson Locations: Frankfurt, Germany, Mexico, Canada, East Lansing , Michigan, Ford's Kentucky, Bengaluru

☆ Ancient Herculaneum scrolls are now readable due to AI technology, scientists say
▼ + stars: | 2023-10-18 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

CNN —At first glance, the Herculaneum scrolls look unremarkable, like pieces of coal. Ancient scrolls uncovered from volcanic mudThe 79 AD eruption of Vesuvius, a volcano located near Naples, Italy, covered the ancient Roman cities of Pompeii and Herculaneum in volcanic mud. Herculaneum and the scrolls remained buried until the city’s accidental rediscovery by a worker drilling for a well in the early 1700s, according to the Herculaneum Society. Approximately 1,100 carbonized scrolls, now referred to as the Herculaneum scrolls, were recovered from a building that was believed to be Julius Caesar’s father-in-law’s house, according to the University of Kentucky. “They wrote about love, they wrote about war, they wrote about peace, they argued with each other.

Persons: Luke Farritor, Brent, Brent Seales, Julius Caesar’s, Michael McOsker, ” McOsker, it’ll, Youssef Nader, —, Seales, ” Seales, “, that’s Organizations: CNN —, University of Nebraska, University of Kentucky, Herculaneum, University College London, Freie University Berlin Locations: Vesuvius, Naples, Italy, Herculaneum, papyrology

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