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BALTIMORE (AP) — A medical waste processing company has pleaded guilty to dozens of environment-related charges and agreed to pay $1.75 million in fines after state prosecutors in Maryland accused a south Baltimore incineration plant owned by the firm of exposing the public to biohazardous material. It’s supposed to be burned into ash before being transported to landfills, a process that prevents disease transmission, state officials said Tuesday at a news conference announcing the settlement agreement involving the nation’s largest medical waste incinerator. The fine incurred by Curtis Bay Energy is among the highest environmental penalties imposed in Maryland’s history. Witnesses provided photographs from the site showing substantial amounts of unburned medical waste, including surgical gloves, medical supplies and bedding, according to court documents. In addition to evidence of unburned medical waste, investigators found the company had knowingly installed an illegal pump that was discharging wastewater onto an adjacent property.

Persons: ”, General Anthony Brown, ” Kelly Love, “, ” “, Baltimore Mayor Brandon Scott, Curtis Organizations: BALTIMORE, Curtis, Curtis Bay Energy, Maryland Attorney General’s, ” “ Curtis, ” “ Curtis Bay Energy, Water Fund, Prosecutors, Baltimore Mayor Locations: Maryland, Baltimore, Curtis Bay, Baltimore’s Curtis Bay, Patapsco, Virginia, ” “ Curtis Bay, Curtis

FRANKFURT, Germany (AP) — Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines are not added or refurbished in the next few years, the International Energy Agency said. The stalled projects could generate 1,500 gigawatts of power, or five times the amount of solar and wind capacity that was added worldwide last year, he said. Annual investment has been stagnant but needs to double to more than $600 billion a year by 2030, the agency said. The report cited the South Link transmission project to carry wind power from northern to southern Germany. First planned in 2014, it was delayed after political opposition to an overhead line meant it was buried instead.

Persons: —, Fatih Birol, “, ” Birol, ”, It's Organizations: International Energy Agency, Associated Press, Construction Locations: FRANKFURT, Germany, Paris, China, India, Biscay, Spain, France, New Mexico, Arizona, California, East Coast, Canada, New England, Maine

Most of the nation's power lines are above ground because its cheaper to do it that way. But more utilities have been burying power lines in response to bigger and more destructive natural disasters. That fire was started by lightening, not PG&E's power lines, but it is a reminder of the lasting damage that wildfires can cause. The Public Utilities Commission is considering two other plans that would include both burying power lines and using protective coverings. While burying power lines is the most effective way to prevent wildfires, it is not a quick fix.

Persons: —, “ We’re, ”, Patti Poppe, “, Gavin Newsom, Poppe, ” Poppe, Critics, Ken Cook, It’s, Matt Baker, ” Baker, we’ve, we’re, Feyla McLeod Organizations: Gas &, California Public Utilities Commission, Gov, Florida Power, Southern California Edison, San Diego Gas &, Associated Press, Environmental, Public Utilities Commission, Reform Network, Office, California, E's, PG Locations: Calif, California, Florida, Southern California, San, Sacramento, San Francisco, Poppe, Paradise, Southern, Northern California

☆ The world has to add or replace 50 million miles of transmission lines by 2040, IEA says
▼ + stars: | 2023-10-17 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +4 min

That amount is roughly equivalent to the total number of miles of electric grid that currently exists in the world currently, according to the IEA. It will also require changes in how the electric grid in each country is operated and regulated. The consequences of falling further behind in building transmission lines is dire, the IEA says. Building new transmission lines takes between five and 15 years, with planning and permitting included. Building transmission lines globally needs to be an issue of international cooperation, the IEA says.

Persons: Clark, Fatih Birol, what's, Birol, Bill Gates Organizations: International Energy Agency, IEA, Microsoft Locations: Primm , Nevada, Paris

☆ These Amphibians Have a Taste for Their Mom’s Skin
▼ + stars: | 2023-10-17 | by ( Sofia Quaglia | ) www.nytimes.com time to read: +1 min

When born, baby caecilians — legless amphibians that look like a mash-up of a snake and a worm — use their tiny hook-shaped teeth to scrape off their mother’s skin and feast. The flakes are dead but extra fatty and nutrient-rich, and within three months the infant squirmers have grown into independent teenagers. According to a study published in May, skin-feeding allows mothers to pass on their unique microbiomes and possibly inoculate their offspring’s immune systems — the first known instance of microbiome transmission among amphibians. “It’s a remarkably weird thing,” said David Blackburn, the curator of herpetology at the Florida Museum and author of the study. Very few amphibians are known to care for their children — most frog and salamander species tend to lay their eggs and leave once they hatch — but caecilians have evolved sophisticated parenting strategies.

Persons: ”, David Blackburn Organizations: Florida Museum

☆ Clean energy fans should not expect too much from pro-EU Poland
▼ + stars: | 2023-10-17 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +7 min

Indeed, the pace of Poland's clean energy supply growth may more often undershoot expectations than exceed them over the near term, even with a significant swing in political power. POWER SYSTEM CHANGES ALREADY UNDERWAYA major reason for climate trackers to expect only modest shifts in clean energy policies and momentum going forward is that Poland's energy system has already substantially cleaned up its electricity generation mix in recent years. Between 2018 and 2022, Poland's electricity producers boosted clean electricity supply capacity by over 150% so that clean sources now account for roughly 40% of total electricity capacity, up from 20% in 2018, data from think tank Ember shows. BACKLOGS BREWINGEmerging problems linking new clean generation assets with Poland's electric grid are a key reason why clean power growth may slow going forward. Pushing power costs lower may even trump plans to further clean up the power generation system, which may only add to power generation costs over the near term despite resulting in lower emissions in the long run.

Persons: Donald Tusk, Donald Tusk's, Gavin Maguire, Sonali Paul Organizations: European Union Civic Coalition, European, Poland's Institute, Reuters, Thomson Locations: LITTLETON , Colorado, Poland, Germany, Ukraine, Europe, LSEG, Western Europe

☆ Stellantis, Ford furlough another 1,250 workers because of UAW strike
▼ + stars: | 2023-10-14 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsOct 13 (Reuters) - Chrysler-parent Stellantis (STLAM.MI) and Ford Motor (F.N) said on Friday they will temporarily lay off 1,250 employees due to the impact of the United Auto Workers strike. Ford said it is temporarily laying off another 550 employees after the UAW walkouts at its Kentucky Truck Plant and Chicago Assembly Plant. Ford has warned that a dozen facilities could be impacted by the strike of the Kentucky Truck plant, its largest factory worldwide. Just over 34,000 UAW workers at the Detroit Three are on strike.

Persons: David, Dee, Delgado, Stellantis, Ford, David Shepardson, Chris Reese, Sandra Maler Organizations: New York, REUTERS, Chrysler, Ford, United Auto Workers, UAW, Plant, Chicago Assembly Plant, Detroit, General Motors, Thomson Locations: Manhattan , New York City, U.S, Indiana, Chicago, Ohio, Michigan, Kentucky

ARRAS, France (AP) — France will mobilize up to 7,000 soldiers to increase security around the country after a teacher was fatally stabbed and three other people wounded in a school attack by a former student suspected of Islamic radicalization, the president’s office said Saturday. Counterterrorism authorities are investigating the stabbing, and the suspected assailant and several others are in custody, prosecutors said. The suspect is a Chechen who had attended the school and had been under recent surveillance by intelligence services for radicalization. The “Attack Emergency” threat posture allows the government to temporarily mobilize the military to protect public places among other measures. For many in France, the attack echoed the killing of another teacher, Samuel Paty, almost exactly three years ago near his Paris area school.

Persons: Gambetta, Carnot, Emmanuel Macron, Samuel Paty, Gerald Darmanin, “ Allahu akbar, Dominique Bernard, Macron, “, ”, ” ___, Nicolas Garriga, John Leicester Organizations: —, Counterterrorism, Associated Press, Prosecutors, ” ___ Charlton Locations: ARRAS, France, — France, Arras, Israel, Chechen, Paris

A child collecting chunks of coal looks on at a colliery while smoke rises from the Duvha coal-based power station owned by state power utility Eskom, in Emalahleni, in Mpumalanga province, South Africa, June 2, 2021. South Africa is facing its worst power crisis, with Eskom's ageing, coal-fired plants often breaking down. "It's a policy development loan which supports critical reforms," Marie-Nelly said of the potential World Bank funding. The World Bank loan would also support South Africa to make a "just transition" away from coal, to ensure vulnerable people do not suffer as a result, Marie-Nelly said. In November 2022, the World Bank approved $497 million in financing to decommission and repurpose one of Eskom's coal-fired power plants.

Persons: Siphiwe, Marie Francoise Marie, Nelly, Marie, Eskom, Rachel Savage, Jorgelina, Kopano Gumbi, Mark Potter, Mike Harrison Organizations: REUTERS, World, Reuters, Bank, South, World Bank, Thomson Locations: Emalahleni, Mpumalanga province, South Africa, MARRAKECH, Morocco, Marrakech, Africa, Rosario

☆ BoE's Bailey says he's puzzled by stubborn pay growth in UK
▼ + stars: | 2023-10-14 | by ( ) www.reuters.com time to read: +1 min

People walk outside the Bank of England in the City of London financial district in London, Britain May 11, 2023. REUTERS/Henry Nicholls/File photo Acquire Licensing RightsMARRAKECH, Morocco, Oct 14 (Reuters) - Bank of England Governor Andrew Bailey said on Saturday he was puzzled by the continued strength of pay growth in Britain which, unlike other areas of the economy, has not yet responded to the BoE's run of 14 back-to-back interest rate hikes. The increases in borrowing costs were having an impact on employment numbers and in the housing market, Bailey told a panel discussion on the sidelines of International Monetary Fund meetings in Morocco. "I should say what is more puzzling and in a sense we wait to see is the situation on pay and earnings where... the usual transmission mechanism is not yet being demonstrated," he said during the event organised by the Group of 30 consultative body. Reporting by Balazs Koranyi Writing by William SchombergOur Standards: The Thomson Reuters Trust Principles.

Persons: Henry Nicholls, Andrew Bailey, Bailey, Balazs Koranyi, William Schomberg Organizations: Bank of England, REUTERS, Rights, International Monetary Fund, Group, Thomson Locations: City, London, Britain, Rights MARRAKECH, Morocco

Now there is only one rule – pony up.”The announcement marks a tactical shift, Fain said. This is the first time that the union has gone on strike against GM, Ford and Stellantis at the same time. GM, Ford and Stellatis have all announced plans to shift from traditional gasoline-powered vehicles to electric vehicles, or EVs. All are expected to pay significantly less than UAW members at those engine and transmission plants are now paid. Details of what GM has agreed upon in relation to workers battery plant workers is not yet known, as GM has not confirmed the tentative agreement on the issue.

Persons: Shawn Fain, ” Fain, Fain, “ We’re, “, they’re, ”, Colin Langan, Ford, Kumar Galhotra, didn’t Organizations: CNN, Big, UAW, Kentucky, Plant, GM, Ford, Wells, Kentucky Truck Locations: Ford’s, Louisville, Wells Fargo

A pipe for transporting carbon dioxide to removal equipment is shown at the Tomakomai carbon, capture and storage (CCS) test site in Tomakomai, Hokkaido prefecture, Japan March 22, 2018. Japan aims to cut total carbon emissions by 46% by 2030 from 2013 levels, and has pledged to become carbon neutral by 2050. In Japan, those difficulties are made worse by the already-strained state of the national power system due to the sharp drop in nuclear power generation since the 2011 Fukushima disaster. Over the longer term, Japan is also targeting increases in wind power generation, especially from offshore sites. Electric vehicle sales are accelerating in Japan, but remain a tiny proportion of Japan's total car fleetHowever, EVs represented just 3% of total car sales last year, and account for less than 1% of Japan's total car stock.

Persons: Aaron Sheldrick, EVs, Gavin Maguire, Diane Craft Organizations: REUTERS, Energy Institute, Japan, International Energy Agency, IEA, Reuters, Thomson Locations: Tomakomai, Hokkaido prefecture, Japan, LITTLETON , Colorado, India, China, United States, Europe

☆ Oil falls further on U.S. stock build, easing supply concerns
▼ + stars: | 2023-10-12 | by ( ) www.cnbc.com time to read: +2 min

Oil prices extended losses for a third session, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. U.S. crude oil stockpiles swelled by about 12.9 million barrels, according to market sources citing American Petroleum Institute figures on Wednesday. "Crude oil extended losses on signs the impact of the Israel-Hamas war on the oil market will be limited," ANZ analysts said in a client note. Expectations by the U.S. EIA of global oil inventories falling further in the second half of 2023, however, limited price weakness. The lower inventories, which are forecast to keep global oil supply below consumption, are likely to boost oil prices, the EIA said in a monthly report.

Persons: Brent, JP Morgan Organizations: U.S, West Texas, American Petroleum Institute, ING, U.S . Energy Information Administration, ANZ, EIA Locations: San Joaquin Valley, McKittrick , California, U.S, ., California, Israel

(AP) — Regulators on Thursday gave the go-ahead for a multistate wind-energy power line to provide the equivalent of four nuclear power plants' worth of energy to Missouri consumers. At issue is the Grain Belt Express, a power line that will carry wind energy from Kansas across Missouri and Illinois before hooking into a power grid in Indiana that serves eastern states. Under the new plan, approved 4-1 by Missouri's Public Service Commission, Grain Belt Express plans to bring as much as 2,500 megawatts of power to Missouri. Previously, state utility regulators approved a line that would have brought only 500 megawatts of energy to the state. The project will help unlock $7.5 billion in energy cost savings in Missouri and Illinois, according to its developers.

Persons: Invenergy, ”, Ray McCarty, Kayla Hahn, she's, ” Hahn, “ Organizations: COLUMBIA, — Regulators, Missouri's Public Service Commission, Investment, Associated Industries of Locations: Mo, Missouri, Kansas, Illinois, Indiana, Chicago, Associated Industries of Missouri

☆ I went from making $9.50 an hour to almost $100K a year at UPS without having a college degree. I'm grateful that my 21 years at the company have paid off.
▼ + stars: | 2023-10-11 | by ( Ananya Vahal | ) www.businessinsider.com time to read: +9 min

A UPS worker says he started out making $9.50 an hour and now earns $100,000 at the company. The delivery driver says new drivers may be disappointed since it takes years to earn the top wage. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with a 39-year-old UPS delivery driver from Arizona. I started as a warehouse worker in 2002 at 18 years old making $9.50 an hour and eventually got promoted to a delivery driver making about $100,000 a year — the maximum $44 an hour wage. When people apply to become a UPS delivery driver, they may be disappointed because it takes years of hard work to make anywhere close to that amount.

Persons: —, I've, I'd, we're Organizations: UPS, he's, Service, Disney Locations: Arizona, U.S

HELSINKI (AP) — Finnish police said Wednesday they have launched a criminal investigation into possible sabotage of an undersea gas pipeline between Finland and Estonia that was shut down over the weekend following a leak. It is bi-directional, transferring natural gas between Finland and Estonia depending on demand and supply. The company said a liquified natural gas terminal in Inkoo has the capacity to deliver the gas Finland needs. Europe saw natural gas prices hit record highs last year after Russia’s cutoff of most gas supplies during the war in Ukraine. Europe currently has filled 97% of its gas storage capacity for the winter, but security of supply depends on deliveries of pipeline gas and LNG.

Persons: NBI, ”, Risto Lohi, Jens Stoltenberg, Sauli Niinistö, Kaja Kallas, ” Stoltenberg, Dmitry Peskov, Peskov, “ Organizations: HELSINKI, National Bureau of, NATO, YLE, “, European Union, Estonian Locations: Finland, Estonia, Gulf, Finnish, Inkoo, Estonian, Paldiski, Germany, Russia, Baltic, Brussels, Baltics, Europe, Ukraine

☆ Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
▼ + stars: | 2023-10-11 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Samsung SDI and automaker Stellantis plan to invest more than $3.2 billion in a new electric vehicle battery plant in Kokomo, Indiana. The facility — Stellantis' sixth battery plant announced globally — was largely expected, but the location and timing are notable. Battery plants have become a main issue in the labor talks, as the UAW views EV battery jobs as crucial to its long-term viability. General Motors last week agreed to include workers at its EV battery plant in the company's national contract with the union, which Fain called a "transformative win." Fain said the union expects Stellantis and Ford Motor to follow suit, including battery plant workers in eventual contract agreements.

Persons: Stellantis, Shawn Fain, Fain Organizations: Dodge, DETROIT — Samsung SDI, United Auto Workers union, UAW, Battery, EV, General Motors, Ford, GM Locations: Pontiac , Michigan, Kokomo , Indiana, Stellantis, Kokomo

☆ A pipeline in the Baltic Sea has been shut down. Authorities suspect sabotage
▼ + stars: | 2023-10-11 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

Gasgrid, Finland’s gas transmission operator, said Sunday that it had temporarily shut the 95-mile-long Balticconnector pipeline, running under the Baltic Sea, over a suspected leak. Moreover, Finland can still source gas via its LNG terminal, and Estonia is still connected to the European gas grid via Lithuania. An ‘alarm bell’Gasgrid and its Estonian counterpart Elering “noticed an unusual drop in pressure in the Balticconnector offshore gas pipeline” on Sunday morning, Gasgrid said Tuesday. “It is reasonable to suspect that the cause of the incident was damage to the offshore gas pipeline,” the company said in a statement. “The European [gas] market remains very tight, and any news is having an impact,” said Sharples at the Oxford Institute for Energy Studies.

Persons: Gasgrid, Sauli Niinistö, Jens Stoltenberg, ” Stoltenberg, Jack Sharples, Elering “, Kaja Kallas, Simone Tagliapietra, ”, Sharples, — James Frater, Sharon Braithwaite Organizations: London CNN, NATO, Finnish Border Guard, European Union, CNN, Oxford Institute for Energy Studies, Estonian, Estonia’s, Authorities, Germany —, EU, Chevron Locations: Finland, Estonia, Baltic, Brussels, Lithuania, Latvia, Europe, United Kingdom, Germany, Nord, Norway, Algeria, Israel

☆ UAW expands strike, hitting Ford’s largest factory
▼ + stars: | 2023-10-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

CNN —The United Auto Workers union surprised Ford with a major escalation of its strike, ordering workers off the job at the company’s largest plant. “We have been crystal clear, and we have waited long enough, but Ford has not gotten the message,” said UAW President Shawn Fain. He said that the union wanted a different offer from Ford from what it had presented before. The UAW has been on strike against not only Ford, but also General Motors and Stellantis, since September 15. By hitting the Kentucky Truck Plant, the union is going after a much more profitable part of Ford’s line-up.

Persons: Ford, ”, Shawn Fain, “, Fain Organizations: CNN, United Auto Workers, Kentucky, Ford, UAW, Motors, Ford Expedition, Lincoln, Chicago Assembly, Lincoln Aviator, GM Locations: Wayne Michigan, Chicago

The fund is called Gulf Asia Trade & Investment, the sources said. The Adani Group did not comment on the SEBI probe and its possible ties with the fund when contacted by Reuters. EZY had been incorporated in the British territory in 2006, while Gulf Asia was incorporated there in May 2011. In April 2014, Gulf Asia held $51.4 million worth of shares in Adani Enterprises and Adani Power (ADAN.NS). In March 2017, that had increased to $202 million in four group companies - Adani Enterprises, Adani Power, Adani Transmission and Adani Ports (APSE.NS), according to the OCCRP data.

Persons: Francis Mascarenhas, Nasser Ali Shaban, OCCRP, Hindenburg, Ahli, Gautam Adani, EZY, SEBI, Jayshree, Krishn Kaushik, Sumeet Chatterjee, Edwina Gibbs, Louise Heavens Organizations: Securities and Exchange Board of India, REUTERS, Adani, Gulf Asia Trade & Investment, Dubai, Reuters, Securities and Exchange, India's, Hindenburg, Adani Enterprises, Al, Trade, United Arab, British Virgin Islands, Gulf, EZY Global, EZY, Thomson Locations: Mumbai, India, British Virgin, Nasser Ali Shaban Ahli, Gulf, Gulf Asia, United Arab Emirates, British, Asia

The Tamar field, located 15 miles off Israel’s southern coast, meets 70% of Israel’s energy needs for power generation, according to the US energy company. A prolonged shutdown could lead to a drop in Israeli gas exports to its neighbors, Egypt and Jordan, as well as squeeze an already tight global gas market. For now, Chevron (CVX) continues to supply its customers in Israel and the region with gas from the larger Leviathan platform. Goldman Sachs analysts think the Tamar shutdown has “contributed” to the rally in European gas prices. However, all in all, the consequences for the global gas market would be “very limited,” he added, because Israel isn’t a major supplier.

Persons: Sally Jones, ” Jones, Chevron, “, Tamar, —, Wood Mackenzie, Goldman Sachs, Simone Tagliapietra, Marc Israel Sellem, Chevron’s Wheatstone, Tagliapietra, Israel, ”, Israel isn’t, Jordan, Israel’s, Martijn Murphy, Luo, ” Murphy Organizations: New York CNN, Chevron, Israel’s Ministry of Energy, Hamas, CNN, Rystad Energy, International Energy Agency Locations: London, New York, Israel, Egypt, Jordan, Europe, Ukraine, Baltic, Australia, Finland, Estonia, Tamar

Fain also wants workers at the plants to make top UAW assembly plant wages, which now are $32 per hour. Political Cartoons View All 1205 Images“The battery plants are going to be the make-or-break issue,” said Sam Abuelsamid, a mobility analyst for Guidehouse Insights. And if lower-paying battery plants aren't union, workers won't have anywhere to get the same wages and benefits. But they also see a future where buyers could switch, and they think wages at the battery plants should match what they make. The UAW, he said, will use this to try to organize other Korean-owned battery plants.

Persons: WAYNE, Shawn Fain's, Stellantis, they'll, Fain, ”, Sam Abuelsamid, It’s, festering, Ford, Jim Farley, “, ” Fain, Farley, Mary Barra, Chris Jedrzejek, Jedrzejek, Todd Lauerman, “ it’s, ” It's, Abuelsamid, let's, Harry Katz, Katz, Marick, Masters Organizations: Ford, United Auto Workers, EV, General Motors, Detroit, UAW, Korean, Guidehouse, GM, Carnegie Mellon University, Bronco, Toyota, Cornell University, “, Wayne State University Locations: Mich, Detroit, U.S, Kentucky, Tennessee, Michigan, Ford, Korean, Wayne , Michigan, Ohio, South Bend , Indiana

☆ Apple updates iPhone 12 software to address France's radiation testing
▼ + stars: | 2023-10-10 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Apple has disputed the findings of French regulators who said that the iPhone 12, which has been on the market for three years, gave off more than permissible amounts of radiation and halted sales of the device. On Tuesday, Apple gave its fullest explanation yet of the discrepancy between France's findings and those in other countries where the iPhone 12 has been approved for sale. In a statement, Apple said that the iPhone 12 is still safe to use even without the software update. "We want all iPhone 12 users to know that iPhone 12 is safe to use and always has been. IPhone 12 was certified to meet applicable worldwide energy transmission regulations and standards when it first shipped in 2020 and no changes have been made since then that would affect energy transmission," Apple said in the statement.

Persons: Apple, iPhones, Chavi Mehta, Sriraj Kalluvila, Lisa Shumaker, Sandra Maler Organizations: Apple, L'Agence Nationale des, Thomson Locations: France, Bengaluru

☆ Canadian autoworkers go on strike at GM plants
▼ + stars: | 2023-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

But the plants that are on strike could affect GM’s US operations, because its engines and transmissions are used in vehicles built here. GM already is dealing with a strike by the United Auto Workers union at two of its US assembly plants and a strike of 18 parts distribution centers across 20 states. The UAW is also on strike against plants at GM rivals Ford and Stellantis, which builds cars under the Jeep, Ram, Dodge and Chrysler names. GM had already disclosed that it lost $200 million in the first two weeks of the UAW strike, which began on September 15. The UAW remained on strike at the GM plants where its members had already walked out.

Persons: “, ” Unifor, Shawn Fain Organizations: New, New York CNN, General Motors, Ford, Silverado, GM’s, United Auto Workers, UAW, GM, Jeep, Dodge, Chrysler, EV Locations: New York, Canada, Oshawa , Ontario, St . Catharines , Ontario, GM’s CAMI, Ingersoll , Ontario, Flint , Michigan, Fort Wayne , Indiana

Because higher yields signal a rise in borrowing costs, the selloff has raised questions about the long-term sustainability of Italy's huge debt pile. Meloni has said she is not worried by the rise in yields, saying: "Italy is solid." Most of the sources said there is no hurry to end reinvestments or even to formally open this discussion on the policy-making Governing Council. Some argued that PEPP reinvestments should end before any talk of a rate cut, now expected by markets around mid-2024. Spreads of Italian 10-year bonds over their German counterparts are up roughly 30 basis points this month in their biggest jump since last December.

Persons: Wolfgang Rattay, Giorgia, Christine Lagarde, Meloni, PEPP, Balazs Koranyi, Catherine Evans Organizations: European Central Bank, ECB, REUTERS, Rights, Central Bank, Thomson Locations: Frankfurt, Germany, Italy

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