DIRS.INFO The most relevant business & tech news

☆ Detroit's Big 3 automakers are headed for a clash with their workers' union as they gear up for another contentious contract negotiation
▼ + stars: | 2023-08-16 | by ( Nora Naughton | ) www.businessinsider.com time to read: +7 min

The United Auto Workers union is negotiating new four-year contracts with Ford, GM, and Stellantis. UAW President Shawn Fain isn't ruling out a strike, potentially at more than one company. The White House has weighed in as the automotive industry's labor union, the United Auto Workers, is gearing up for a fight with Detroit's Big Three car companies this summer and fall. The average labor costs for the Detroit Three heading into contract talks four years ago hovered between $55 and $60 per hour. Correction: July 27, 2023 — An earlier version of this story incorrectly said workers at GM's Ultium plant were not represented by a Union.

Persons: Shawn Fain isn't, Detroit's, Joe Biden, Biden, Ford, Shawn Fain, He's, Fain, Biden's, John Deere, Tesla Organizations: United Auto Workers, Ford, GM, Detroit, UAW, Morning, Chrysler, Jeep, Facebook, University of California, EV, Lordstown, Labor, Center for Automotive Research, Union Locations: Tennessee

☆ Matt Wallner, Twins slam Tigers
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/29] Aug 15, 2023; Minneapolis, Minnesota, USA; Detroit Tigers designated hitter Miguel Cabrera, left, is honored by the Minnesota Twins along with former players Joe Mauer and Justin Morneau during a pre-game ceremony at Target Field before the game between the Tigers and Twins. Mandatory Credit: Acquire Licensing Rights Read moreAugust 16 - Matt Wallner hit a grand slam to highlight a five-run sixth inning and lead the Minnesota Twins to a 5-3 victory over the Detroit Tigers in the opener of a two-game series on Tuesday night in Minneapolis. It was the third straight win for the Twins, who lead the American League's Central Division. Miguel Cabrera and Spencer Torkelson each homered and Matt Vierling doubled and had two hits for Detroit. The Twins rebounded to take a 5-2 lead in the sixth, with the first five batters reaching base.

Persons: Miguel Cabrera, Joe Mauer, Justin Morneau, Matt Wallner, Dylan Floro, Jhoan Duran, Spencer Torkelson, Matt Vierling, Jose Cisnero, Alex Faedo, Cabrera, Kerry Carpenter, Gary Sheffield, Jorge Polanco, Max Kepler, Vierling, Eric Haase, Royce Lewis, Carlos Correa, Wallner, Torkelson, Duran, Carpenter, Zach McKinstry Organizations: Detroit Tigers, Minnesota Twins, Tigers, Twins, American League's Central Division, Detroit, The Twins, Thomson Locations: Minneapolis , Minnesota, USA, Minneapolis, Minnesota, Polanco

☆ Biden urges automakers, union to make 'a fair agreement'
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden waves as he steps from Marine One upon his return from Delaware to the White House in Washington, U.S., August 14, 2023. REUTERS/Kevin LamarqueWASHINGTON, Aug 14 (Reuters) - U.S. President Joe Biden on Monday called for union auto workers and Detroit's Big Three automakers to come together on a new agreement ahead of their contact's expiration next month. "I’m asking all sides to work together to forge a fair agreement," Biden said in a statement as talks continue between the United Auto Workers (UAW) and Ford (F.N), General Motors (GM.N) and Stellantis' Chrysler (STLAM.MI) . Representatives for the UAW and the three automakers could not immediately be reached for comment. Reporting by Ismail Shakil and Ben Klayman; writing by Susan Heavey; editing by Rami AyyubOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Kevin Lamarque WASHINGTON, Biden, Ismail Shakil, Ben Klayman, Susan Heavey, Rami Ayyub Organizations: Marine, White, REUTERS, United Auto Workers, UAW, Ford, General Motors, Chrysler, Thomson Locations: Delaware, Washington , U.S

☆ Exclusive: As US navigates summer of strikes, Biden's top labor adviser exits, source says
▼ + stars: | 2023-08-08 | by ( Nandita Bose | ) www.reuters.com time to read: +5 min

Her departure comes at a critical time for an administration dealing with a summer of labor unrest, with estimates from national labor unions showing more than 650,000 U.S. workers were on or threatened strikes in the first half of 2023. At the White House, Drake advised Biden and his team on labor negotiations that had a direct impact on the country's supply chain and the economy, current and former White House officials said. Responding to concerns around the timing of her departure, Deese said, the White House has planned for this transition and it will be able to maintain its "strong focus on labor." The White House did not comment on Drake's potential successor. The source said another key Biden labor adviser, Erika Dinkel-Smith, was recently promoted to the position of senior labor adviser within the White House's Office of Political Strategy.

Persons: Joe Biden, Marty Walsh, Celeste Drake, Kevin, Read, Joe Biden's, Drake, Biden, we've, Brian Deese, Deese, Erika Dinkel, Smith, Seth Harris, Biden's, Julie Su, Jeff Zients, Drake's, Nandita Bose, Trevor Hunnicutt, David Gregorio Our Organizations: Labor, White, REUTERS, International Labor Organization, Hollywood, General Motors, Ford Motor, Chrysler, Workers, UPS, Teamsters, Democratic, National Economic Council, NEC, Political, AFL, America, Management, Budget, Thomson Locations: Washington , U.S, Geneva, Switzerland, U.S, Washington

☆ In every reported case where police mistakenly arrested someone using facial recognition, that person has been Black
▼ + stars: | 2023-08-06 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +3 min

All six known reports of false arrests due to facial recognition technology were made by Black people. As activists have warned for several years, facial recognition technology and AI can exacerbate racial inequity in policing. Several police departments across the country use facial recognition technology to identify suspects in certain investigations. Wired reported that Deborah Levi, a Maryland public defender, said the Baltimore Police Department ran nearly 800 facial recognition searches in 2022. In 2020, Detroit's police chief said their facial recognition technology, when used alone, fails 96% of the time, Insider previously reported.

Persons: Porcha Woodruff —, Detroit , Michigan —, Thaddeus L, Johnson, Deborah Levi, Phil Mayor, Robert Williams Organizations: Baltimore, Morning, New York Times, Times, Detroit Police Department, Wired, Baltimore Police Department, The Detroit Police Department, The Baltimore Police Department, American Civil Liberties Union of Michigan Locations: Detroit , Michigan, Maryland, Detroit

How to watch WWE Summerslam live streams from anywhereYou can use a VPN to watch Summerslam live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Summerslam in the UKTNT Sports Box Office will show Summerslam in the UK via providers Sky, Virgin Media, and BT TV. How to watch WWE Summerslam in CanadaSummerslam will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Summerslam in AustraliaBinge is the primary destination for Summerslam in Australia. WWE Summerslam match cardAhead, we list a schedule of all the matches taking place at Summerslam in Detroit, MI.

Persons: Peacock, Roman, We'll, Seth, Freakin, Rollins, Finn Balor, Cody Rhodes, Brock Lesnar, Canada's, It's, ExpressVPN, CEST, NBC Peacock, Brock Lesnar Asuka, Bianca Belair, Charlotte Flair, Logan Paul Gunther, Drew Mcintyre, Shayna Organizations: Ford, WWE, Universal, Tribal, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Sportsnet, Triple, Ronda Locations: United States, Australia, Canada, Detroit , MI

Ford has added 1,200 workers to the Lightning assembly system and plans to run it on a three-shift work rotation. As one of several new moves to boost demand, Ford said individual retail customers can now order the least expensive F-150 Lightning Pro, a $49,995 version of the truck originally designed for commercial customers only. To support increased Lightning production, Ford will focus sales efforts on "attracting more traditional customers, or the early majority," Gjaja said. “Challenges still remain around customer awareness and acceptance” of electric vehicles among mainstream buyers, he said. Ford said last week its electric vehicle operations are on track to lose $4.5 billion this year, a 50% wider loss than previously projected.

Persons: Rebecca Cook, Ford, Tesla, Marin Gjaja, Gjaja, Jim Farley, Joe White, Jonathan Oatis Organizations: Rouge Electric Vehicle, Reuters Connect DETROIT, Ford, EV, Detroit's, Motors, Silverado, Lightning, Ford's, Thomson Locations: Dearborn , Michigan, U.S

☆ A big clash is coming for Detroit's Big 3 automakers as their workers' union gears up for another round of contentious negotiations
▼ + stars: | 2023-07-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

The UAW is negotiating new four-year contracts with Ford, GM, and Stellantis. UAW President Shawn Fain isn't ruling out a strike, potentially at more than one company. The automotive industry's labor union, the United Auto Workers, is gearing up for a fight with Detroit's Big Three car companies this summer and fall. Fain has said he is not ruling out a strike in this round of talks, potentially at more than one company. The average labor costs for the Detroit Three heading into contract talks four years ago hovered between $55 and $60 per hour.

Persons: Shawn Fain isn't, Detroit's, Shawn Fain, He's, Fain, John Deere, Tesla Organizations: UAW, Ford, GM, Detroit, Morning, United Auto Workers, Chrysler, Jeep, Facebook, University of California, EV, Lordstown, Labor, Center for Automotive Research Locations: Tennessee

☆ MLB roundup: O's pass Rays for division lead with 10-inning win
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +7 min

Felix Bautista (5-1) pitched scoreless ball in the ninth and 10th innings for Baltimore, which won for the 10th time in 12 games. Yandy Diaz hit a two-run double that tied the game 3-3 for the Rays but he struck out three times. Abbott (5-2), the first Cincinnati pitcher to work eight innings this season, retired the final 12 batters he faced. Lorenzen's streak now stands at 23 2/3 scoreless innings dating to June 30. Kopech, who picked up his first win in eight starts, walked four and struck out five in 5 2/3 innings.

Persons: Colton Cowser, Tommy Gilligan, Colton Cowser's, Aaron Hicks, Rutschman, Ryan O'Hearn, Felix Bautista, Adam Frazier's, Hicks, Robert Stephenson, Luke Raley, Bautista, Randy Arozarena, Brandon Lowe, Yandy Diaz, Andrew Abbott, Abbott, Luke Maile, Will Benson, Wilmer Flores, Alex Cobb, Austin Riley, Matt Olson, Kirby Yates, Miguel Castro, Zac Gallen, Orlando Arcia, Gallen, Atlanta's Spencer Strider, George Kirby, Teoscar Hernandez, Mike Ford, Kirby, Pablo Lopez, Christian Yelich, Corbin Burnes, Yelich, Taijuan Walker, Michael Lorenzen, Nick Maton, Akil Baddoo, Zack Greinke, hasn't, Andy Ibanez, Eric Haase, Ibanez, Chris Bassitt, Vladimir Guerrero Jr, Alejandro Kirk, Bassitt, Jordan Romano, Xander Bogaerts, Blake Snell, Elvis Andrus, Michael Kopech, Omar Narvaez, Kopech, Jose Quintana Organizations: Baltimore Orioles, Los Angeles Dodgers, Oriole, Camden Yards, Tampa Bay Rays, Orioles, American League East, Baltimore, Rays, Reds, Giants, Cincinnati, San Francisco, Braves, Diamondbacks, Atlanta, Mariners, Seattle, Minnesota, Twins, Brewers, Phillies, Philadelphia, National League, Tigers, Royals, Kansas City, Blue Jays, Padres, Toronto, Diego, White Sox, Mets, Chicago, New York . White Sox, Thomson Locations: Baltimore , Maryland, USA, St . Petersburg, Fla, Tampa Bay, Cincinnati, San Francisco, Arizona, Milwaukee, Detroit, San Diego, New York

☆ MLB: Chicago White Sox at New York Mets
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +10 min

Cardinals starter Dakota Hudson allowed two runs on five hits in three innings. Marlins starting pitcher Sandy Alcantara (3-9) allowed four runs on eight hits and two walks in six innings. Red Sox starter Brayan Bello (7-6) took the loss, pulled after allowing all six Oakland runs and five hits in four innings. Mets 5, White Sox 1Justin Verlander tossed eight solid innings and Brett Baty homered for a second straight game as host New York beat Chicago. Nick Castellanos hit a solo home run and Kyle Schwarber added a two-run single for the Phillies, who had their four-game winning streak end.

Persons: Chase Silseth, Gary A, Vasquez, Taylor Ward, Luis Rengifo, Carlos Rodon, Giancarlo Stanton, Franchy Cordero, Rodon, Nolan Gorman, Louis, Gorman, Dakota Hudson, Zack Thompson, Chris Stratton, Sandy Alcantara, JJ Bleday, Cody Thomas, Jace Peterson, Lucas Erceg, Angel Felipe, Sam Long, Trevor, Brayan Bello, Yu Darvish, Manny Machado, Steven Wilson, Nick Martinez, Josh Hader, Jose Berrios, Justin Verlander, Brett Baty, Baty, Francisco Alvarez, Luis Guillorme, Brandon Nimmo, Luis Robert Jr, Touki Toussaint, Ryne Nelson, Nick Ahmed, Christian Walker, Marcell Ozuna, Austin Riley, Charlie Morton, Jonah Heim, Jon Gray, Gray, Man Choi, Jared Triolo, Jack Suwinski, Nick Gonzales, Ryan Borucki, Josh Bell, Amed Rosario, Sam Hentges, Ramon Urias, Gunnar Henderson, Urias, Henderson, Danny Coulombe, Felix Bautista, Max Muncy, James Outman, Julio Urias, Chas McCormick, Jake Meyers, Brandon Bielak, C.J . Cron, Austin Gomber, William Contreras, Blake Perkins, Hoby Milner, Nick Castellanos, Kyle Schwarber, Jeff Hoffman, Will Benson, Graham Ashcraft, Ashcraft, Blake Sabol, Ross Stripling, Miguel Cabrera, Eduardo Rodriguez, Cabrera's, Detroit's Javier Baez, Riley Greene, Rodriguez, Jason Foley, Alex Lange, Kansas City's Ryan Yarbrough, Nico Hoerner's, Mike Tauchman, Yan Gomes, Mason Thompson, Cory Abbott, Trevor Williams, Max Kepler, Edouard Julien, Alex Kirilloff, Kenta Maeda, Emilio Pagan, Jhoan Duran, Tom Murphy, Eugenio Suarez, Andres Munoz Organizations: Los Angeles Angels, New York Yankees, Angel, Wednesday, Triple, Angels, Yankees, Cardinals, Marlins, Dakota, Athletics, Red Sox, Oakland, Boston, Padres, Blue Jays, San Diego, Toronto, Jays, Mets, White Sox, New York, Chicago, Atlanta Braves, Diamondbacks, Braves, Atlanta, Arizona, Rangers, Rays, Tampa Bay, The Rangers, American League East, AL West, Pirates, Pittsburgh, Cleveland, Guardians, Orioles, Dodgers, Astros, Rockies, Houston, Colorado, Austin, Brewers, Phillies, Four Brewers, Reds, Giants, Cincinnati, San, The Reds, Milwaukee Brewers, Tigers, Royals, Detroit, Kansas City, cramp, Cubs, Washington, Mariners, Minnesota, Twins, Thomson Locations: Anaheim , California, USA, Anaheim , Calif, Silseth, Miami, Toronto, Arizona, Texas, Baltimore, Los Angeles, Angeles, Denver, Colorado, C.J, Milwaukee, Philadelphia, San Francisco, Kansas, Chicago, Seattle

☆ A real-estate investor who owns 35 units has never bought a home with a traditional mortgage. She explains how she uses 0% APR credit cards to fund investment properties, and why it's not for everyone
▼ + stars: | 2023-07-19 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

"I was using credit cards, commercial lines of credit, and hard money lenders." You can't just swipe your credit card to buy a house like you would a pair of shoes, by the way. With this strategy, "I use the credit cards to get started and then I use the bank refinance to continue," she explained. The average credit card interest rate was 20.92% in the first quarter of 2023. Now I'm going to go back to using 0% interest credit cards."

Persons: Ashley Hamilton, it's, Hamilton, wouldn't, they're, Hamilton doesn't, you've Locations: Detroit, Detroit , Michigan

☆ Tesla's board of directors will return $735 million on claims they were overpaid
▼ + stars: | 2023-07-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Tesla directors are returning $735 million to the company to settle a suit that claims they were overpaid. That includes $458.6 million in company shares and $276.6 million in cash, per court filings. That totals to around $735 million, consisting of $458.6 million in company shares and $276.6 million in cash. The $735 million settlement stems from a 2020 lawsuit, wherein Detroit's Police and Fire Retirement System accused Tesla's board members of overpaying themselves in the form of stock options from 2017 to 2020. Tesla directors denied those claims, arguing that the company saw rapid growth sent the stock soaring.

Persons: Elon Musk, Larry Ellison, Rupert Murdoch's, James Murdoch, Elon Musk's, Kimbal Musk –, Tesla's, Tesla Organizations: Elon, Service, Oracle, Delaware Chancery, Reuters, Detroit's Police Locations: Wall, Silicon, Delaware

☆ Explainer: Auto industry on tenterhooks as UAW kicks off talks with 'Detroit Three'
▼ + stars: | 2023-07-13 | by ( Nathan Gomes | ) www.reuters.com time to read: +6 min

REUTERS/Rebecca Cook/File PhotoJuly 12 (Reuters) - The United Auto Workers (UAW) union will start contract talks with the Detroit Three automakers beginning Thursday, ahead of the mid-September expiration of current four-year labor deals. WHO IS THE UNION NEGOTIATING WITH? The U.S. labor union will officially open talks first with Stellantis, followed by Ford on Friday and GM on Tuesday. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike that shut down its profitable U.S. operations. Fain who took helm of the union in March, has been a UAW member for more than two decades.

Persons: Rebecca Cook, Shawn Fain, Fain, They've, Biden, Tesla, Jim Farley, Ford, Stellantis, GM's, Wells, Colin Langan, Fitch, Steve Brown, Nathan Gomes, Ben Klayman, Shounak Dasgupta Organizations: REUTERS, United Auto Workers, UAW, Detroit Three, General Motors, Ford, Detroit, WHO, GM, EV, Detroit Free Press, Lear Corp, Thomson Locations: Auburn Hills , Michigan, U.S, Detroit, United States, Stellantis, American, Bengaluru, Ben

☆ UAW president says union prepared to strike Detroit Three
▼ + stars: | 2023-07-11 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

[1/2] Striking members of the United Auto Workers (UAW) picket at the Deere & Co farm equipment plant before a visit by U.S. Agriculture Secretary Tom Vilsack in Ankeny, Iowa, U.S. October 20, 2021. "The Big Three is our strike target. And whether or not there's a strike, it's up to Ford, General Motors and Stellantis," UAW President Shawn Fain said Tuesday in online remarks. If the Big Three don't give us our fair share, then they're choosing to strike themselves and we're not afraid to take action," Fain said. Talks with Detroit's Big Three automakers start on Thursday, ahead of the mid-September expiration of the current four-year labor deal.

Persons: Tom Vilsack, Scott Morgan, Ford, Shawn Fain, They've, we're, Fain, Stellantis, David Shepardson, Bill Berkrot Organizations: United Auto Workers, UAW, Deere & Co, Agriculture, REUTERS, General Motors, Ford Motor, Chrysler, Big, Ford, GM, Thomson Locations: U.S, Ankeny , Iowa, American

☆ UAW will open contract talks with Detroit Three automakers
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: 1 min

July 10 (Reuters) - The United Auto Workers union will open contract talks with Detroit's Three automakers starting Thursday ahead of the mid-September expiration of the current four-year labor deal. The union said talks will open Thursday with Chrysler-parent Stellantis (STLAM.MI), on Friday with Ford Motor (F.N) and July 18 with General Motors (GM.N). UAW President Shawn Fain has repeatedly said the UAW wants to eliminate the two-tier wage system under which new hires earn as much as 25% less than veterans and will push to restore pay improvements tied to the cost of living and retiree benefits cut during the 2008-2009 Great Recession. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Shawn Fain, David Shepardson Organizations: United Auto Workers, Detroit's, Chrysler, Ford Motor, General Motors, UAW, Thomson

☆ UAW to open contract talks with Detroit Three automakers on Thursday
▼ + stars: | 2023-07-10 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

[1/2] UAW President Shawn Fain talks with the media after chairing the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan U.S. March 27, 2023. REUTERS/Rebecca CookJuly 10 (Reuters) - The United Auto Workers union said on Monday it will open contract talks with Detroit's Big Three automakers starting on Thursday, ahead of the mid-September expiration of the current four-year labor deal. UAW President Shawn Fain has said repeatedly that the UAW wants to eliminate the two-tier wage system under which new hires earn as much as 25% less than veterans. Instead, UAW leaders will meet with auto workers on Wednesday at three Detroit-area plants to mark the beginning of talks. The White House said it has named adviser Gene Sperling as a "point person" on the UAW automaker labor talks.

Persons: Shawn Fain, Rebecca Cook, Detroit's, Fain, Ford, Jim Farley, Chuck Browning, Farley, Joe Biden, Biden, Gene Sperling, David Shepardson, David Gregorio, Matthew Lewis Organizations: Detroit , Michigan U.S, REUTERS, United Auto Workers, Detroit's Big, Chrysler, Ford Motor, General Motors, UAW, GM, Detroit Free Press, U.S, Ford, South Korea's SK, Thomson Locations: Detroit , Michigan, Detroit, Washington

☆ Ford auto sales rise on robust demand, improved supply
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +1 min

July 6 (Reuters) - Ford Motor Co (F.N) on Thursday followed rivals in reporting a rise in second-quarter U.S. auto sales, driven by easing supply chain snags and pent-up demand for personal transportation. Industry-wide U.S. new vehicle sales in June were 1.37 million units, with an annual sales rate of about 15.7 million, according to data released by Wards Intelligence on Wednesday. Ford's quarter was powered by a 26% jump in truck sales, one of the company's main profit drivers. Sales of the electric version of the company's popular F-150 truck more than doubled to 4,466 vehicles from last year. However, Ford's overall EV sales fell 2.8% to 14,843 vehicles amid lingering supply snags.

Persons: Ford, Detroit's, Pratyush Thakur, Maju Samuel Organizations: Ford Motor, Industry, Intelligence, Wall, Thomson Locations: U.S, United States, Canada, Japan, America, Bengaluru

☆ Automakers' contract negotiations will decide potential EV future for idled Illinois plant
▼ + stars: | 2023-07-05 | by ( Bianca Flowers | Thomson Reuters | Bianca Flowers Is An Award-Winning Multimedia Journalist Based In Chicago Where She Reports On The Backbone Of The U.S. Labor Market. She Covers Agriculture | ) www.reuters.com time to read: +6 min

The real question is how long will UAW workers stay off the job, said Mark Wakefield, co-head of AlixPartners' automotive practice. Around 1,680 union workers company-wide agreed to take the buyout, according to a union representative. He opted for a voluntary transfer to a Stellantis plant in Toledo, Ohio. Illinois Governor J.B. Pritzker has also stepped up efforts to salvage the 58-year-old Belvidere plant that once employed 4,500 union workers. Reporting by Bianca Flowers in Belvidere, Illinois Additonal reporting by Joseph White in Detroit Editing by Ben Klayman and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Matt Frantzen, Tesla, Shawn Fain, Fain, Mark Wakefield, Wakefield, Mary Barra, Jim Farley, Barra, Farley, Carlos Tavares, Stellantis, Robert Stacy, Auston Gore, Joe Biden, J.B, Pritzker, Brandon Campbell, Bianca Flowers, Joseph White, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, automakers, UAW, General Motors, Ford, Detroit, CNBC, Detroit Free Press, Stellantis, U.S, Illinois, EVs, Thomson Locations: BELVIDERE , Illinois, Illinois, Belvidere, idled, U.S, Washington, EVs, Toledo , Ohio, Chicago, Belvidere ., Michigan, Indiana, Belvidere , Illinois, Detroit

☆ The 10 worst places in the U.S. for renters
▼ + stars: | 2023-06-29 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

To determine the best and worst places for renters, RentCafe ranked 136 U.S. cities on metrics ranging from average apartment size to local unemployment rate to influx of new business. While the best cities for renters offer strong local economies and sizeable apartments at reasonable prices, the worst cities for renters leave much to be desired. Detroit is the worst city for renters, the rent comparison website found. Outside of Detroit, however, you'll find most of the bottom-10 cities for renters along the coasts — especially in the Northeast. Here are RentCafe's worst cities for renters.

Persons: RentCafe, —, you'll Locations: Detroit

☆ A former waitress living paycheck-to-paycheck who now owns 35 rental units shares 2 principles she followed to achieve financial independence
▼ + stars: | 2023-06-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Ashley Hamilton was living paycheck-to-paycheck when she went to a local real estate conference. I love real estate because the barrier to entry is so low. Hamilton first learned about real estate in 2009, when she attended a free seminar in Detroit. Still, two concepts resonated with her that she says helped her go from living paycheck-to-paycheck to building a 35-unit real estate portfolio that has helped her achieve financial independence. Another trick that helped Hamilton think long-term was to always have a specific timeline for her goals.

Persons: Ashley Hamilton, Hamilton, Let's, Warren Buffett, subpar, Buffett Locations: Detroit, New York

☆ MLB roundup: Cycle helps Reds run win streak to 12
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +9 min

Jhoan Duran handled the ninth inning for his 10th save as Minnesota's pitchers recorded 16 strikeouts. Pirates 3, Marlins 1Carlos Santana stroked a two-out, tiebreaking single in the ninth inning as Pittsburgh snapped a 10-game losing streak by rallying to beat Miami. The Pirates were down 1-0 entering the ninth inning before getting the best of Marlins closer A.J. Patrick Corbin (4-9) gave up seven runs on seven hits in five innings. Logan Webb (7-6) allowed four runs (three earned) in seven innings, helping the Giants to their 11th win in 12 games.

Persons: Elly De La Cruz, David Kohl, De La, Joey Votto, Collin McHugh, Alex Young, Alexis Diaz, Matt Olson, Mookie Betts, Emmet Sheehan, Angeles, Michael Busch, James Outman, Sheehan, Mauricio Dubon, Kyle Tucker, J.P, Jose Siri, Zach Eflin, Siri, Salvador Perez swatted, Nick Pratto, Zack Greinke, Trea Turner, Brandon Marsh, Bryce Harper, Taijuan Walker, Brandon Nimmo, Kodai Senga, Adolis Garcia, Joe Barlow, Anthony Rizzo, Will Smith, Michael King, Isiah Kiner, Aaron Judge, Logan Gilbert, Tom Murphy, Teoscar Hernandez, Ty France, Eugenio Suarez, Hernandez, Gilbert, Anthony Santander, Kyle Gibson, Kenta Maeda, Max Kepler, Maeda, Tommy John, Jhoan Duran, Royce Lewis, Andy Ibanez, Joey Wentz, Carlos Santana, Luis Arraez, Jesus Luzardo, Joe Musgrove, Musgrove, Seong Kim, Xander Bogaerts, Juan Soto, Michael Chavis, Patrick Corbin, Michael Conforto, Patrick Bailey, Logan Webb, Camilo Doval, Corbin Carroll, Zach Davies, Shea Langeliers, JJ Bleday, Langeliers, Oakland's Lucas Erceg, Trevor May, Vladimir Guerrero Jr, Jordan Romano, George Springer, Willy Adames, Wade Miley, Miley, Jose Ramirez, Shane Bieber, Brayan Bello, Rafael Devers, Devers, Bello, Lucas Giolito, Chicago's, Tim Anderson's, Elias Diaz, Diaz, Elehuris Montero, Coco Montes, Jurickson Profar, Shohei Ohtani, Mike Trout, Pierce Johnson, Justin Lawrence, Sam Bachman, Chris Devenski Organizations: Cincinnati Reds, Atlanta Braves, Reds, Cincinnati, Braves, Dodgers, Astros, The Astros, Rays, Royals, Tampa Bay, Kansas City, Phillies, Mets, Philadelphia, New, Rangers, Yankees, Texas, Mariners, Orioles, Seattle, Tigers, Detroit, Pirates, Marlins, Pittsburgh, Miami, The Pirates, Padres, Nationals, San Diego, Washington, Giants, Diamondbacks, San Francisco, Arizona, Athletics, Blue Jays, Oakland, Toronto, Brewers, Cleveland, Guardians, Red Sox, White Sox, Boston, Chicago, Angels, Colorado, Los Angeles, Rockies, Thomson Locations: Cincinnati , Ohio, USA, De La Cruz, Cincinnati, Houston, France, St . Petersburg, Fla, New York, Seattle, Baltimore, Minnesota, San, Milwaukee, Los, Denver, Colorado

☆ MLB roundup: Reds sweep Rockies, win 11th straight
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +10 min

They were swept in the three-game series at Cincinnati. Alcantara (2-6), the reigning National League Cy Young Award winner, allowed 10 hits and five runs in seven innings. Cubs 8, Pirates 3Nico Hoerner homered and hit a two-run triple as visiting Chicago completed a three-game series sweep of Pittsburgh. The Diamondbacks secured a victory in the three-game series with their fourth win in six games. Kansas City starter Brady Singer (4-7) gave up five runs and seven hits in seven innings.

Persons: Will Benson, Jake Fraley, TJ Friedl, David Kohl, Luke Maile, Andrew Abbott, Ian Gibaut, Buck Farmer, Daniel Bard, Fraley's, Elly De La, Randy Arozarena, Isaac Paredes, Taj Bradley, Bradley, Baltimore's Ramon Urias, Gunnar Henderson, Ryan O'Hearn, Tyler Wells, Ezequiel Duran, Jonah Heim, Martin Perez, Perez, Josh Sborz, Will Smith, Michael Kopech, Touki Toussaint, Sandy Alcantara, George Springer, Matt Chapman, Kevin Gausman, Alcantara, National League Cy Young, Miami's Luis Arraez, Nico Hoerner, Ian Happ, Nick Madrigal, Kyle Hendricks, Josh Palacios, Rich Hill, Zac Gallen, Emmanuel Rivera, Alek Thomas, Julio Teheran, Zack Short, Eric Haase, Javier Baez, Matthew Boyd, Brady Singer, Freddy Fermin, Trevor Williams, Louis, Mason Thompson, Kyle Finnegan, Hunter Harvey, Williams, Miles Mikolas, CJ Abrams, Luis Garcia, Alex Bregman, Yainer Diaz, Chas McCormick, Corey Julks, Daniel Vogelbach, Pete Alonso, Jhonny Brito, Jake Bauers, Billy McKinney, Luis Castillo, Aaron Judge, Anthony Volpe, Brito, Castillo, Josh Naylor, Jose Ramirez, Steven Kwan, Gavin Williams, Ryan Noda, Esteury Ruiz, Paul Blackburn, Kyle Farmer, Max Kepler, Jovani Moran, Justin Turner, Freddie Freeman, Miguel Vargas, Aaron Loup, Brusdar Graterol, Victor Gonzalez, Yency Almonte, Evan Phillips, Joc Pederson, Mike Yastrzemski, Davis, Ryan Walker, Sean Hjelle, Yu Darvish, Walker Organizations: Cincinnati Reds, Reds, Colorado Rockies, floundering Colorado Rockies, Rockies, Cincinnati, The Reds, Rays, Orioles, Tampa, Baltimore, Rangers, White Sox, Chicago, Blue Jays, Marlins, Toronto, Miami, National League, Cubs, Pirates, Pittsburgh, Diamondbacks, Brewers, Arizona, Milwaukee, The Diamondbacks, Tigers, Royals, Detroit, Kansas City, Nationals, Cardinals, Washington, St, Astros, Mets, Houston, Yankees, Mariners, New York, Seattle, Athletics, Oakland, Guardians, Cleveland, Red Sox, Boston, The Twins, Ort, Minnesota, Dodgers, Angels, Seven Dodgers, Giants, Padres, San Diego Padres, Thomson Locations: Cincinnati , Ohio, USA, Elly De La Cruz, St . Petersburg, Fla, Arozarena, Texas, Pittsburgh, Arizona, Washington, San Francisco, Kansas City, New, Cleveland, Minnesota, Minneapolis, Anaheim , Calif, Ohtani

☆ A former waitress who lived paycheck-to-paycheck bought her first home in Detroit for $6,300 using her tax return. She explains how she scaled up to 35 units and achieved financial independence before
▼ + stars: | 2023-06-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

Ashley Hamilton was living paycheck-to-paycheck when she decided she wanted to buy real estate. In 2009, she used her $7,000 tax return to purchase a $6,300 foreclosure in Detroit. Since, she's scaled up to 35 units and is financially independent thanks to rental income. Hamilton didn't have the cash at the time, but was anticipating a big tax return later that year. Hamilton, 36, owns 35 units in Detroit, Michigan and is financially independent from her rental income.

Persons: Ashley Hamilton, Hamilton, didn't, you'd, Hamilton didn't, I'm, she's, you've, they've Organizations: Detroit, MLS, Bank of America Locations: Detroit, Detroit , Michigan, Zillow

☆ MLB roundup: Cubs' Kyle Hendricks takes no-hitter into 8th in win
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +12 min

Nathan Eovaldi (9-2) earned the win despite allowing four runs on seven hits and three walks in 6 1/3 innings. Reds 8, Cardinals 4Rookie Andrew Abbott blanked St. Louis for 5 2/3 innings as visiting Cincinnati rolled to a victory. The 24-year-old has permitted two runs on 12 hits with 23 strikeouts in 23 innings. Aaron Nola (5-5) was charged with six runs on seven hits in 6 1/3 innings to take the loss for Philadelphia. J.P. France (2-1) allowed three runs on seven hits over 6 2/3 innings.

Persons: Kyle Hendricks, Mitch Haniger, Darren Yamashita, Christopher Morel, Hendricks, Michael Conforto, Matt Mervis, Jakob Junis, Mervis, Morel, John Brebbia, Ozuna, Ronald Acuna Jr, Travis d'Arnaud, Kevin Pillar's, Acuna, MacKenzie Gore, Jared Shuster, A.J, Minter, Stone Garrett, Corey Seager, Seager, Nathan Eovaldi, Francisco Mejia, Taj Bradley, Lourdes Gurriel Jr, Gurriel, Nick Ahmed, Ryne Nelson, Matthew Boyd, Kerry Carpenter, Miguel Cabrera, Andrew Abbott, St, Louis, Abbott, Luke Maile, Spencer Steer, Miles Mikolas, Dylan Carlson, Nolan Arenado, Carlos Correa, Max Kepler, Trevor Larnach, Joe Ryan, Jorge Lopez, Adam Cimber, Vladimir Guerrero Jr, Whit Merrifield, Santiago Espinal, Nathan Lukes, Martinez, Bobby Miller, Mookie Betts, James Outman, Freddie Freeman, Miller, Aaron Nola, Manny Machado, Fernando Tatis Jr, Drew Carlton, Josh Hader, Nolan Jones, Ezequiel Tovar, Jake Bird, Kyle Freeland, Xander Bogaerts, Tatis, Mark Canha, Francisco Alvarez, Brandon Nimmo, Kodai, Ji Hwan Bae, Johan Oviedo, Cole Irvin, Anthony Santander, Gunnar Henderson, Adam Frazier, Brady Singer, Edward Olivares, Aledmys Diaz, Diaz, Tony Kemp, Joel Payamps, Oakland, Sam Long, Victor Caratini, Oakland's Paul Blackburn, Milwaukee's Julio, Jose Abreu, Houston, Bryan Abreu, Ryan Pressly, Cleveland, Josh Naylor, Triston McKenzie, Jean Segura, Joe Kelly, Puk, Yoan, Steven Okert, Jorge Soler, Luis Arraez, Arraez, Andrew Vaughn, J.P . Crawford, Eugenio Suarez, Julio Rodriguez, AJ Pollock, Bryan Woo, Shohei Ohtani, Patrick Sandoval Organizations: Chicago Cubs, San Francisco Giants, Oracle, Cubs, Giants, Braves, Atlanta, Nationals, Rangers, Rays, Tampa, The Rangers, Diamondbacks, Tigers, Arizona, Detroit, Reds, Cardinals, Cincinnati, Blue Jays, Minnesota, Toronto, Twins, Dodgers, Phillies, Philadelphia, Padres, San Diego, Colorado, Rockies, Mets, Pirates, New York, Pittsburgh, Orioles, Royals, Baltimore, Kansas City, Irvin, Athletics, Brewers, Oakland, Milwaukee, Blackburn, Astros, Cleveland, Marlins, White Sox, Chicago, The Marlins, Miami, Mariners, Angels, Seattle, Four Mariners, The Mariners, Thomson Locations: San Francisco , California, USA, Washington, Texas, St . Petersburg, Fla, Eovaldi, Tampa Bay, St, Minnesota, Los Angeles, Denver, San Diego, New, York, Kansas, Milwaukee, Milwaukee's Julio Teheran, Teheran, J.P, France, Miami, Anaheim , Calif, Angeles

☆ One of our recent top-performers is not in tech. Here's how the stock has been creeping higher
▼ + stars: | 2023-06-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

It's Ford (F), whose stock has jumped 15% since its $12-per-share close on May 8. F 1M mountain Ford Motor's stock performance over the past month. When granted access, current electric vehicles from Ford and GM will have to use an adapter at Tesla's charging stations. "They have to adopt at this point," suggesting they'll also likely have to rely on a Tesla partnership. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: It's Ford, Tesla, Wall, Ford, Gene Munster, Munster, they'll, we've, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: Nasdaq, Ford, General Motors, GM, EV, Deepwater Asset Management, CNBC, Tesla, Wall Street, Management, Ford Motor Co, Washington Auto, Washington , D.C, Bloomberg, Getty Locations: —, Washington ,

Search resuls for: "Detroit's"

25 mentions found