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☆ Mack Trucks workers get 19% raise over 5 years in UAW contract
▼ + stars: | 2023-10-05 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

[1/2] Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 5 (Reuters) - Workers will receive a 19% pay hike over five years under an agreement with Volvo Group-owned Mack Trucks and the United Auto Workers, according to a summary of the tentative agreement seen by Reuters. The agreement includes an immediate 10% pay hike upon ratification. "The terms of this tentative agreement would deliver significantly increased wages and continue first-class benefits for Mack employees and their families," Mack President Stephen Roy said in a statement earlier this week. Mack, founded in 1900, is one of North America's largest manufacturers of medium-duty and heavy-duty trucks, engines and transmissions.

Persons: Rebecca Cook, Mack Trucks, Mack, Stephen Roy, David Shepardson, Chizu Nomiyama, David Gregorio Our Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, Workers, Volvo Group, Reuters, Volvo, Thomson Locations: Delta Township, Michigan, North America's

☆ Kevin McCarthy once kicked Matt Gaetz out of his cabin at Camp David, Cassidy Hutchinson says
▼ + stars: | 2023-10-05 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

Kevin McCarthy once kicked Matt Gaetz out of his cabin at Camp David, Cassidy Hutchinson said. Hutchinson said McCarthy told Gaetz to "get lost" when he showed up uninvited to a gathering. AdvertisementAdvertisementRep. Kevin McCarthy once kicked Rep. Matt Gaetz out of a gathering at his Camp David cabin, Cassidy Hutchinson said on a Wednesday night appearance on "Jimmy Kimmel Live." Matt Gaetz was not included," Hutchinson told Kimmel, adding that she was one of the last to arrive at the soirée. "And then, Matt Gaetz got him kicked out of the House," Kimmel joked, referring to McCarthy being ousted from his role as Speaker of the House.

Persons: Kevin McCarthy, Matt Gaetz, Camp David, Cassidy Hutchinson, Hutchinson, McCarthy, Gaetz, —, David, Jimmy Kimmel, Donald Trump's, Quentin Tarantino's, Kevin, Kimmel, Matt, they're Organizations: Service Locations: Camp, Hutchinson

REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsDETROIT, Oct 5 (Reuters) - General Motors (GM.N) said on Thursday it had made a counteroffer to the United Auto Workers (UAW) in a bid to end a strike by the union against the U.S. automaker. Separately, UAW President Shawn Fain plans an update on the status of the talks with the Detroit Three automakers at 2 p.m. EDT (1800 GMT) on Friday in the three-week-old strike. The first-ever targeted strike against the Detroit Three automakers, including Ford (F.N) and Stellantis (STLAM.MI), began on Sept. 15. The UAW said on Monday it presented a new contract offer to GM. In addition to Ford, talks with Chrysler parent Stellantis and have been active in recent days, sources said.

Persons: Rebecca Cook, Shawn Fain, Fain, Ford, Stellantis, Mack Trucks, David Shepardson, Ben Klayman, Joseph White, Chizu Nomiyama, Matthew Lewis Organizations: General Motors, REUTERS, Rights, United Auto Workers, UAW, U.S . automaker, Detroit Three, Ford, GM, Reuters, Chrysler, Detroit automakers, Wednesday, Volvo Group, Thomson Locations: Detroit , Michigan, U.S, Detroit

UAW President Shawn Fain plans to update the union's 150,000 members at Ford, General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI) on Friday, a person briefed on the union's plans said. In addition to Ford, talks with Chrysler parent Stellantis (STLAM.MI) and other automakers and the UAW have been active in recent days, sources said. Ford Chief Financial Officer John Lawler said Friday the automaker's retirement offer would assure UAW workers could retire with $1 million in savings. The targeted strike against the Detroit Three automakers began on Sept. 15 and is now in its 20th day. Rival Ford Motor (F.N) secured a $4 billion line of credit in August, ahead of the Sept. 14 UAW contract expiration.

Persons: Rebecca Cook, Shawn Fain, Fain, Ford, Stellantis, John Lawler, Paul Jacobson, JP Morgan, Joe White, David Shepardson, Mark Porter, Nick Zieminski, Matthew Lewis, Anna Driver Organizations: General Motors, REUTERS, Rights, United Auto Workers, Ford, Detroit Three, Wednesday, UAW, Chrysler, Detroit automakers, GM, CNBC, Citibank, Chevrolet, GMC, GMC Yukon, Cadillac, Motor Equipment Manufacturers Association, Thomson Locations: Detroit , Michigan, U.S, Wentzville , Missouri, Kansas, Ohio, Indiana, Detroit

The strike cost at GM reflects 16 days in which production was stopped at one GM assembly plant, a mid-size pickup truck and van factory in Wentzville, Missouri. The UAW ordered a strike at a GM SUV assembly plant in Lansing, Michigan, on Sept. 29. Against that backdrop, GM said in a securities filing that it has locked in a new, $6-billion line of credit through October 2024. The additional liquidity will require GM to maintain at least $4 billion in global liquidity and $2 billion in U.S. liquidity. Rival Ford Motor (F.N) secured a new $4 billion line of credit in August.

Persons: Rebecca Cook, JP Morgan, Ford, Joe White, David Shepardson, Mark Porter, Nick Zieminski Organizations: General Motors, REUTERS, Rights, Wednesday, United Auto Workers, Detroit Three, GM, UAW, Citibank, Chevrolet, GMC, GMC Yukon, Cadillac, Ford, Thomson Locations: Detroit , Michigan, U.S, Wentzville , Missouri, Lansing , Michigan, Fairfax , Kansas, Kansas, Ohio, Indiana

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 4 (Reuters) - Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers' (UAW) strike against the "Detroit Three" and higher interest rates. Production at General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI) have taken a beating as the UAW strike headed into the 20th day. "The redemption of ~20% of the (First Trust) ETF's net assets in mid-September could have been related to the UAW strike, although it's tough to say with certainty." The $1.02 billion Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL.O) saw its first month of outflows in four.

Persons: Rebecca Cook, Bryan Armour, that's, Todd Sohn, Bansari Mayur, Anil D'Silva Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, Exchange, United Auto Workers ', General Motors, Ford, Chrysler, Nasdaq Transportation, North America, Morningstar, JPMorgan, GM, X Autonomous & Electric Vehicles, Trust, Global, Strategas Securities, Thomson Locations: Delta Township, Michigan, Bengaluru

☆ Dating rumors around Taylor Swift and Travis Kelce have gotten so out of hand that even a top White House official was asked about the pair
▼ + stars: | 2023-10-04 | by ( Rebecca Cohen | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

At a White House briefing, reporters asked John Kirby if Taylor Swift and Travis Kelce are dating. A spokesperson for the White House did not comment on the relationship when asked by Insider. AdvertisementAdvertisementNo one is safe from questions about Taylor Swift and Kansas City Chiefs tight end Travis Kelce. And the Taylor Swift economic bump likely isn't going anywhere. It's no wonder, then, that the White House is being questioned on who Taylor Swift is, anyway: She's a major economic powerhouse for the country.

Persons: John Kirby, Taylor Swift, Travis Kelce, Kirby, —, Karine Jean, Pierre, Swift, Jean, Pierre wasn't, Joe Biden, it's, Cork Gaines, QuestionPro, Swifties, Jake, who's, Taylor Organizations: White, Service, Kansas City Chiefs, White House Press, National Security Council, The White, NFL, Chiefs, Chicago Bears, Philadelphia Federal Reserve, Philadelphia Locations: Hollywood

☆ Sen. Bob Menendez's current wife killed a man while driving in New Jersey in 2018, records show. Body camera footage shows her telling police she 'didn't do anything wrong.'
▼ + stars: | 2023-10-04 | by ( Rebecca Cohen | John L. Dorman | ) www.businessinsider.com time to read: +2 min

Nadine Arslanian hit a man who was jaywalking, NorthJersey.com reported, citing a police report. Now Arslanian Menendez, she was never charged in the case, the local paper reported. AdvertisementAdvertisementNadine Arslanian was involved in a fatal car accident in December 2018, NorthJersey.com reported on Wednesday. A police report said Arslanian struck and killed a man while driving her Mercedes-Benz on Main Street in Bogota, New Jersey, on December 12, 2018, the local paper reported. NorthJersey.com reported that she asked why Koop was in the road in the first place and then said that she "didn't do anything wrong."

Persons: Sen, Bob Menendez's, Nadine Arslanian, NorthJersey.com, Arslanian Menendez, —, Arslanian, Bob Menendez, Menendez, Richard Koop, Koop Organizations: Service, Mercedes, Benz, Bogota Police Department, Senate, The New York Times, Name Medical Locations: Bogota , New Jersey, Bogota, New Jersey

☆ Lindsey Graham jokes that he's too sane to try to replace Kevin McCarthy as Speaker of the House
▼ + stars: | 2023-10-04 | by ( Rebecca Cohen | John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Lindsey Graham of South Carolina joked that he's too sane to assume the House speakership. Fellow Sen. Tim Kaine of Virginia playfully told Graham that he could compete for the position. The conversation came after the House on Tuesday voted 216-210 to remove McCarthy from the role. AdvertisementAdvertisementRepublican Sen. Lindsey Graham doesn't think he's up for the job of Speaker of the House — but that's because he's not crazy enough to apply. "Hey Lindsey, you know you don't have to be a member of the House to be chosen speaker," the Virginia Democrat told Graham.

Persons: Sen, Lindsey Graham of, he's, Tim Kaine, Virginia, Graham, McCarthy, —, Republican Sen, Lindsey Graham doesn't, Kevin McCarthy of, We've, it's, Hey Lindsey, you've, Matt Gaetz Organizations: Service, Republican, NBC News, South Carolina, NBC, Virginia Democrat, Caucus, GOP Locations: Lindsey Graham of South Carolina, Kevin McCarthy of California, California, Florida

☆ GM third-quarter US sales surge 21% on resilient demand for SUVs, pickups
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 3 (Reuters) - General Motors Co's (GM.N) third-quarter U.S. auto sales jumped about 21%, the company said on Tuesday, fueled by improved supply and sustained demand for its SUVs and pickup trucks. The Detroit automaker's quarterly sales rose to 674,336 vehicles, from 555,580 vehicles a year earlier. Rival Toyota Motor Corp (7203.T) reported a 12.2% rise in third-quarter U.S. auto sales. While it did not address the impact of the latest strike, a 40-day UAW strike in 2019 led to a 6% fall in sales in the fourth quarter of that year and cost the automaker $3.6 billion.

Persons: Rebecca Cook, General Motors, Nathan Gomes, Sriraj Organizations: General Motors, REUTERS, General, Detroit, U.S, Rival Toyota Motor Corp, Kia, Hyundai, United Auto Workers, UAW, Detroit Three, GM, Thomson Locations: Detroit , Michigan, U.S, KS, Bengaluru

MADISON, Wis. (AP) — A Democratic legislator from central Wisconsin announced Tuesday that she is running for U.S. Rep. Derrick Van Orden's seat next year. State Rep. Katrina Shankland, of Sevens Point, joined a crowded field of Democratic challengers in western Wisconsin's 3rd Congressional District. Van Orden, a former Navy SEAL, narrowly defeated Democratic state Sen. Brad Pfaff to flip the seat for the GOP last year after longtime Democratic incumbent Ron Kind chose not to seek reelection. Pfaff has decided not to challenge Van Orden in 2024. Van Orden was outside of the Capitol during the Jan. 6, 2021 insurrection, before he was elected to Congress.

Persons: Derrick Van Orden's, Katrina Shankland, Tara Johnson, Rebecca Cooke, Aaron Nytes, Van Orden, Sen, Brad Pfaff, Ron Kind, Pfaff, vulgarities, didn't Organizations: —, Democratic, Wisconsin, U.S . Rep, State, Congressional District, Former La, Harvard Law, Navy SEAL, GOP, Democrats, Senate, Capitol Locations: MADISON, Wis, Wisconsin's, Former La Crosse County

Trump on Monday shared a photo of the judge's clerk online and ranted about her to reporters. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJustice Arthur Engoron at Donald Trump's New York trial on Tuesday issued a harsh warning after the former president repeatedly attacked his clerk on social media and during a press conference. Trump posed to Truth Social, a photo of Engoron's law clerk, who was standing next to Senate Majority Leader Chuck Schumer. Trump also ranted about the clerk during a press conference directly outside Engoron's courtroom door on Monday.

Persons: Arthur Engoron, Trump, Engoron, —, Donald Trump's, Chuck Schumer, Matthew Galluzzo, Gonzalo Curiel Organizations: Service, Trump, Trump University Locations: York, New York City, Manhattan

Donald Trump's ex-accountant spent three hours recognizing documents on Tuesday. AdvertisementAdvertisementThe New York attorney general and Donald Trump's lawyers used dynamic visuals and bombastic language to savage one another in court on Monday. Come Tuesday morning, the state found itself having to spend three hours asking Trump's former accountant Donald Bender to authenticate documents. He'd ask Bender if he recognized the signature of Trump Organization executive Allen Weisselberg, which was helpfully labeled "Allen Weisselberg," and that of Donald Trump Jr., helpfully labeled "Donald Trump Jr."AdvertisementAdvertisementBender, with his eye for detail, always did. James is hoping the trial brings $250 million in penalties and that Trump and his adult sons are banned from ever running a business in New York state again.

Persons: Donald Trump's, Donald Bender's, Trump, —, Donald Bender, Bender, Bender —, Allen Weisselberg, Donald Trump Jr, Arthur Engoron, Engoron, Letitia James, Alina Habba, Habba, Chris Kise —, James Organizations: Service, Trump Organization, New York, Trump Locations: York, New York

☆ GM, Ford furlough another 500 workers due to UAW strike
▼ + stars: | 2023-10-02 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 2 (Reuters) - General Motors (GM.N) and Ford Motor (F.N) on Monday said they are laying off another 500 workers at four Midwestern plants because of the impact on some of the facilities of the United Auto Workers strike in its 18th day. Ford said last month it temporarily laid off about 600 workers at a Michigan auto plant because of the strike. UAW President Shawn Fain on Friday expanded the first-ever simultaneous strike against the Detroit Three to a GM Lansing, Michigan plant and a Ford Chicago assembly plant, but Stellantis was spared after last-minute concessions. The GM and Ford CEOs on Friday blasted the UAW, hours after the union escalated the strike.

Persons: Rebecca Cook, Ford, GM's, Stellantis, Shawn Fain, Mack Trucks, David Shepardson, Bernadette Baum, David Gregorio, Bill Berkrot Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, General Motors, Ford, GM, Chrysler, Ohio Metal Center, Marion , Indiana Metal Center, Buick Enclave, Chevrolet Traverse, Detroit, Volvo, JPMorgan, Anderson Economic Group, Thomson Locations: Delta Township, Michigan, Chicago, Lima , Ohio, Parma, Marion ,, GM's Lansing Delta, GM's Missouri, Fairfax , Kansas, Ohio, Indiana, Lansing , Michigan, Ford Chicago

☆ EV maker Rivian beats Q3 delivery estimates after raising production
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

A Rivian R1T electric truck is seen outside Munro & Associates headquarters in Auburn Hills, Michigan, U.S., June 3, 2022. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSAN FRANCISCO, Oct 2 (Reuters) - Electric-vehicle maker Rivian Automotive (RIVN.O) on Monday reported third-quarter deliveries above analysts' estimates, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs). Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 15,564 vehicles in the quarter ended Sept. 30, compared with Visible Alpha estimates of 14,740 vehicles and up 23% from the second quarter. It produced 16,304 vehicles at its facility in Normal, Illinois, up from 13,992 in the second quarter. That means Rivian has to make just more than 12,300 vehicles in the current quarter to hit its full-year target.

Persons: Rebecca Cook, Tesla, Rivian, Abhirup Roy, Zaheer Kachwala, Arun Koyyur Organizations: Munro & Associates, REUTERS, FRANCISCO, Rivian, Cox Automotive, U.S, EV, Canalys Research, Thomson Locations: Auburn Hills , Michigan, U.S, The Irvine , California, Normal , Illinois, San Francisco, Bengaluru

☆ GM furloughs another 160 workers due to UAW strike
▼ + stars: | 2023-10-02 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 2 (Reuters) - General Motors (GM.N) said Monday it was indefinitely laying off about 160 workers at plants in Indiana and Ohio because of the impact of the United Auto Workers strike on some facilities. The UAW on Friday said it would strike at GM's Lansing Delta Township assembly plant that makes the Buick Enclave and Chevrolet Traverse SUVs after previously striking at GM's Missouri assembly plant and 18 parts distribution centers. The new GM furloughs include 130 at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center. The UAW strike on Monday was entering its 18th day after the chief executives of GM and Ford blasted the UAW on Friday, hours after the union escalated the strike.

Persons: Rebecca Cook, Shawn Fain, Mary Barra, Jim Farley, David Shepardson, Ed Osmond, Bernadette Baum Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, General Motors, Buick Enclave, Chevrolet Traverse, Detroit automaker, GM, Ohio Metal Center, Marion , Indiana Metal Center, Detroit, Ford, Chrysler, JPMorgan, Thomson Locations: Delta Township, Michigan, Indiana and Ohio, GM's Lansing Delta, GM's Missouri, Fairfax , Kansas, Parma, Marion ,, Lansing, Chicago

Watching my parents navigate their 80s made me think differently about long-term care insurance. My dad and stepmom bought long-term care insurance while they were in middle age and still without any medical problems. My stepdad was diagnosed with lymphoma and required 24-hour nursing care for several months after he first fell ill. Since they didn't have long-term care insurance, he and my mom had to pay out of pocket for home health care: approximately $10,000 per month. When my parents first needed care and support, I initially thought my husband and I were too old to qualify for long-term care insurance, but it turns out we aren't; many people seek out the insurance in their mid-50s to mid-60s.

Persons: —, stepmom, stepdad Organizations: Service, US Department of Health, Human Services, American, of Medicine Locations: United States, Policygenius

☆ Ford CEO says UAW holding labor deal 'hostage' over fate of battery plants
▼ + stars: | 2023-09-29 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

"The UAW is holding the deal hostage over battery plants," Farley said, and claimed a "bad deal" could threaten financial viability of some U.S. vehicle production. On Monday, Ford said it had paused work on its $3.5 billion Marshall, Michigan battery plant that will use technology licensed from Chinese battery company CATL (300750.SZ), citing concerns about its ability to operate competitively. In 2022, Congress passed the Inflation Reduction Act (IRA) barring $7,500 in future consumer EV tax credits if any battery components are manufactured or assembled by a "foreign entity of concern." Ford is awaiting guidance to determine if batteries produced by the Marshall plant would meet the requirements. Republican lawmakers have been probing Ford's battery plant plan for months over concerns it could send U.S. tax subsidies to China and leave Ford dependent on Chinese technology.

Persons: Jim Farley, Rebecca Cook, Farley, Shawn Fain, Ford, Marshall, Janet Yellen, Jennifer Granholm, David Shepardson, Chris Reese, David Gregorio Our Organizations: Ford Motor, North American, REUTERS, Rights, Ford, United Auto Workers, U.S . Treasury, UAW, Energy, Republican, Thomson Locations: Detroit , Michigan, U.S, Michigan, Marshall, China

☆ Sen. Dianne Feinstein of California dies at age 90
▼ + stars: | 2023-09-29 | by ( Rebecca Cohen | Sonam Sheth | ) www.businessinsider.com time to read: +5 min

California Senator Dianne Feinstein died Thursday night. She was the first woman mayor of San Francisco and the first woman to represent California in the US Senate. "Senator Feinstein never backed away from a fight for what was just and right," the statement said. Senator Feinstein was a force of nature who made an incredible impact on our country and her home state," it continued. Feinstein became the first woman mayor of San Francisco in 1978, after former city supervisor Dan White assassinated then Mayor George Moscone.

Persons: Dianne Feinstein, Feinstein, —, Nancy Pelosi, Dan White, George Moscone, White, Harvey Milk, Gavin Newsom, CALmatters, " Feinstein, Sen, Rashida Tlaib Organizations: Service, Senate, California Gov, Intelligence, intel, Democrats, Republicans Locations: California, San Francisco, Washington ,, San

☆ Canadian union Unifor sets Oct 9 deadline for GM negotiations
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 28 (Reuters) - Canadian labor union Unifor said on Thursday it has informed General Motors (GM.N) that Oct. 9 has been set as the deadline for negotiating a deal with the U.S. automaker. Unifor had announced GM as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor (F.N). Meanwhile, in the U.S., negotiators for the United Auto Workers (UAW) union could strike additional Detroit Three automotive facilities on Friday if there is no substantial progress in labor negotiations. The UAW had launched its walkouts on Sept. 15, its first simultaneous strikes at General Motors, Chrysler parent Stellantis (STLAM.MI) and Ford.

Persons: Rebecca Cook, Unifor, Juby Babu, Rishabh Jaiswal, Sherry Jacob, Phillips, Rashmi Organizations: General Motors, REUTERS, Motors, U.S ., Ford, GM Canada, Oshawa Operations, Catharines Propulsion Plant, Distribution, GM, Detroit, Ford Motor, United Auto Workers, UAW, Chrysler, Thomson Locations: Detroit , Michigan, U.S, Unifor, Canada, St, Catharines, Woodstock, Bengaluru

But few of them besides Tesla's Model Y and Model 3 are selling at high enough volumes to support a full-scale assembly plant, according to a Reuters analysis of U.S. EV sales data for the first six months of 2023. But that market share was divided up among 103 different models, according to the Alliance's latest quarterly report on the EV market. The U.S. automaker, like several rivals, has committed billions to build additonal EV and battery plants in the U.S. In a media presentation on Tuesday, Cox Automotive noted that Tesla has surrendered some share of U.S. EV sales this year as more entrants hit the market, but still commands nearly two-thirds of all EV sales. Cox estimated that EV sales will rise to 8% of total U.S. vehicle sales in the third quarter from about 6.5% a year ago.

Persons: Rebecca Cook, Ford, Tesla, Reuters Graphics Reuters Graphics Tesla, General Motors, Cox, Joe White, Paul Lienert, David Gregorio Our Organizations: Rouge Electric Vehicle, REUTERS, Global, EV, Tesla's, P Global, Reuters Graphics Reuters Graphics, General, Chevrolet, Bolt, Ford, Hyundai, Reuters Graphics Reuters, Alliance for Automotive Innovation, U.S, Cox Automotive, Thomson Locations: Dearborn , Michigan, U.S, Michigan, United States, Detroit

[1/8] Former U.S. President and Republican presidential candidate Donald Trump addresses auto workers as he skips the second GOP debate, in Clinton Township, Michigan, U.S., September 27, 2023. "Donald Trump is lying about President Biden's agenda to distract from his failed track record of trickle-down tax cuts, closed factories, and jobs outsourced to China," Biden's campaign said in a statement while Trump spoke. The UAW has to date not backed either presidential candidate, making it the only major union not to endorse Biden. The UAW leadership has welcomed Biden's support, however, and spoken about Trump and his record in scathing terms. Promising to end the government's EV push if elected, Trump urged the UAW to back him in the presidential race.

Persons: Donald Trump, Rebecca Cook, autoworkers, Trump, Joe Biden's, Ron DeSantis, Chris Christie, Donald Duck, Biden, charlatan, Biden's, Jason Roe, Roe, Nathan Layne, Kanishka Singh, Jason Lange, Joe White, Ross Colvin, Deepa Babington Organizations: U.S, Republican, GOP, REUTERS, Former U.S, America's, New, United Auto Workers union, General Motors, Chrysler, Ford, Trump, Republican Party, UAW, Thomson Locations: Clinton Township , Michigan, U.S, Former, Detroit, Florida, New Jersey, China, Michigan, Pennsylvania, Wisconsin, It's, Wilton , Connecticut, Singh, Washington

☆ Astronaut Returns Home After an Unplanned Full Year in Space
▼ + stars: | 2023-09-27 | by ( Rebecca Carballo | More About Rebecca Carballo | ) www.nytimes.com time to read: 1 min

A NASA astronaut safely returned to Earth on Wednesday after spending 371 days in space, a record in spaceflight for American astronauts. Frank Rubio of NASA and his crewmates, the Roscosmos cosmonauts Sergey Prokopyev and Dmitri Petelin, made a safe, parachute-assisted landing southeast of the remote town of Dzhezkazgan, Kazakhstan, at 7:17 a.m. Eastern time. After post-landing medical exams, the crew will return to Karaganda, Kazakhstan. Mr. Rubio will then board a NASA plane bound for his return to Houston where he lives with his family. “For me, honestly, obviously, hugging my wife and kids is going to be paramount, and I’ll probably focus on that for the first couple days,” Mr. Rubio said during a news conference from space last week.

Persons: Frank Rubio, Sergey Prokopyev, Dmitri Petelin, Rubio, ” Mr Organizations: NASA, Earth, American Locations: Dzhezkazgan, Kazakhstan, Karaganda, Houston

☆ Live Updates: UAW strikers receive Biden's support as he walks picket line in Michigan
▼ + stars: | 2023-09-26 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

Left: President Joe Biden speaking about the auto workers strike from the Roosevelt Room of the White House in Washington on Sept. 15. Right: UAW President Shawn Fain at the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, on March 27. Susan Walsh/AP/Rebecca Cook/ReutersWhen President Joe Biden becomes the first sitting president to visit a picket line Tuesday, United Auto Workers union President Shawn Fain will be there with him. Six months ago, it was doubtful Biden or almost anyone else at the White House knew who Fain was. And in July, Fain was at the White House meeting with staff about the administration's support for EVs, and he met face-to-face with Biden.

Persons: Joe Biden, Roosevelt, Shawn Fain, Susan Walsh, Rebecca Cook, Biden, Fain, Joe Biden’s, ” Fain, he's, Donald Trump, Trump Organizations: White, UAW, Reuters, United Auto Workers, Ford, SK, White House Locations: Washington, Detroit , Michigan, Michigan

☆ EU regulators have tech giants in their sights: podcast
▼ + stars: | 2023-09-26 | by ( Rebecca Christie | ) www.reuters.com time to read: 1 min

BRUSSELS, Sept 26 (Reuters Breakingviews) - Brussels is taking on the likes of Amazon and Apple with a slew of new rules aimed at curbing market dominance and taking back control over data. Former EU Commission economist Bertin Martens explains to The Exchange podcast how the industry giants could be forced to open up. Listen to the podcastFollow @rebeccawire on XSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Bertin Martens, Oliver Taslic Organizations: Reuters, Former EU, Exchange, Thomson Locations: BRUSSELS, Brussels

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