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DETROIT (AP) — Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies. Industry sales rose 16.3% from July through September as consumer demand stayed strong, even given an average new vehicle loan rate of 7.4% and an average vehicle price of more than $45,500. Vehicle supplies also continued to recover from shortages of computer chips and other parts that began during the pandemic and are finally abating. General Motors posted a 21.2% increase, while Toyota sales rose 12.2%. Kia sales rose 13.8%.
Persons: , Ivan Drury, Drury, General Motors, Power, Ford Organizations: DETROIT, Detroit, Industry, Federal Reserve, General, Toyota, Honda, Nissan, Hyundai, Kia, Ford, Analysts, United Auto Workers, General Motors, Stellantis Locations: U.S
Scientists thought a dog-fox hybrid was impossible until one was discovered in Brazil in 2021. However, the discovery of a dog-fox hybrid in Brazil suggests that "The Fox and the Hound" might sometimes be a little more "Lady and the Tramp." This is the first documented case of a dog-fox hybrid. What does the dog-fox hybrid tell us? AdvertisementAdvertisementIt is important to note that the pampas fox species is very different to the red fox (Vulpes vulpes).
Persons: , Jacqueline Boyd Organizations: Service, Fox, Scottish, Animal, Nottingham Trent University Locations: Brazil, Portuguese, Poland
LONDON (AP) — The World Health Organization authorized a second malaria vaccine on Monday, a decision that could offer countries a cheaper and a more readily available option than the world's first shot against the parasitic disease. “As a malaria researcher, I used to dream of the day we would have a safe and effective vaccine against malaria. Alister Craig, an emeritus professor at the Liverpool School of Tropical Medicine, said he would recommend countries trying to get the GSK vaccine switch to the Oxford vaccine instead. Neither of the malaria vaccines stop transmission so immunization campaigns alone won’t be enough to stop epidemics. In a separate decision, WHO's expert group also authorized the dengue vaccine made by Takeda, which was previously approved by the European Union drug regulator.
Persons: Tedros Adhanom Ghebreyesus, ” Tedros, Tedros, it’s, , John Johnson, ” Johnson, Melinda Gates, Alister Craig, Craig, Takeda, Jamey Keaten Organizations: World Health Organization, WHO, Oxford University, Serum Institute of India, Research, Oxford, GSK, Melinda Gates Foundation, Serum, Liverpool School, Tropical, European Union, Associated Press, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Ghana, Burkina Faso, Africa, Oxford, Bangladesh, Geneva
Leftist Luisa Gonzalez, a lawyer and protege of former president Rafael Correa and young businessman Daniel Noboa will compete in a run-off vote on Oct. 15. Gonzalez won the first round with almost 34% of the votes while Noboa took a surprise second place. Both candidates promised in Sunday's debate to get tough on organized crime gangs, to strengthen the security forces and to seek international help to tackle spiraling insecurity. Gonzalez pledged to boost oil production and reiterated plans to inject $2.5 billion of international reserves into the economy. However, he also clarified that a previous proposal to use $1.5 billion of international reserves was for worst-case scenarios only.
Persons: Luisa Gonzalez, Daniel Noboa, Karen Toro, Rafael Correa, Gonzalez, Noboa, Guillermo Lasso, Alexandra Valencia, Oliver Griffin Organizations: REUTERS, Rights, El, Thomson Locations: Quito, Ecuador, Rights QUITO
Gonzalez won the first round with almost 34% of the votes while Noboa took a surprise second place. Outgoing President Guillermo Lasso called early elections in May when he dissolved the legislature to avoid an impeachment process. Both candidates promised in Sunday's debate to get tough on organized crime gangs, to strengthen the security forces and to seek international help to tackle spiraling insecurity. Gonzalez pledged to boost oil production and reiterated plans to inject $2.5 billion of international reserves into the economy. However, he also clarified that a previous proposal to use $1.5 billion of international reserves was for worst-case scenarios only.
Persons: Alexandra Valencia, Luisa Gonzalez, Rafael Correa, Daniel Noboa, Gonzalez, Noboa, Guillermo Lasso, Oliver Griffin Organizations: Alexandra Valencia QUITO, El
CNN —When a woman gets in the driver’s seat of a car she often faces a challenge. While there are holders for cups, keys and even cell phones, there’s rarely a good place to put a purse or handbag. Courtesy VolvoWith no central tunnel, some EVs like the Hyundai Ioniq 6, simply have a very large space underneath the center console. The EX30 EV has a center console with sections that slide, move and open to create spaces that can easily fit larger or smaller bags. It’s underneath a portion of the center console that projects outward over it like a cliff ledge.
Persons: It’s, satchel, ’ ”, Ryan Nagode, Taryn Dyle, , , Lisa Reeves, ” Dyle Organizations: CNN, Getty, Chrysler, General Motors, Pacifica Pinnacle, Nissan, Volkswagen Atlas, Lincoln, Volvo, Hyundai
Anggy Aldana working at the World Mosquito Program lab in Medellín, Colombia. Researchers found, after painstaking trial and error, that they could insert the bacteria into mosquito eggs using minute needles. How mosquito eggs are injected with Wolbachia A looping video showing a thin needle injecting fluid into a row of black mosquito eggs. How Wolbachia spreads among wild mosquitoes A series of three illustrations showing the outcomes of breeding between wild mosquitoes and mosquitoes infected with Wolbachia. Mosquito eggs and a tray of chilled mosquitoes at the World Mosquito Program lab.
Persons: Eleanor Lutz, Wolbachia, Scott O’Neill, , O’Neill’s, Steven Sinkins, Marlon Victoria, , Victoria, , O’Neill, It’s, Laura Harrington, They’re, won’t, ” Mr Organizations: Mosquito Program, Mosquito, Brazil —, FRANCE Croatia United, ARGENTINA CHILE Americas, CHILE Americas, University of Glasgow, , Medellín Health, Colombian, Cornell University Locations: Medellín, Colombia, Cali, Honduras, Australia, Australian, Vietnam, Indonesia, France, Florida and Texas, Brazil, Americas, African, Asia, Europe, FRANCE Croatia United States PORTUGAL JAPAN CHINA Texas PAKISTAN Florida EGYPT INDIA MALI MEXICO PHILIPPINES SUDAN ETHIOPIA Colombia SOMALIA INDONESIA BRAZIL ANGOLA PERU NAMIBIA AUSTRALIA, AFRICA Africa, Oceania, ARGENTINA CHILE, FRANCE Croatia United States PORTUGAL JAPAN CHINA Texas Florida EGYPT, MEXICO MALI PHILIPPINES SUDAN Colombia SOMALIA INDONESIA BRAZIL ANGOLA PERU NAMIBIA AUSTRALIA ARGENTINA Africa, CHILE, Africa, United States, Kuala Lumpur, Malaysia, Wolbachia, Siloé, West Africa, Medellin
DETROIT, Sept 29 (Reuters) - United Auto Workers union President Shawn Fain is expected to launch walkouts at more Detroit Three auto factories Friday, barring last-minute progress in bargaining that has moved slowly since last week. Talks among the UAW and negotiators for the Detroit Three were described as "very active" by one person briefed on the situation. The union has shut one assembly plant at each of the Detroit Three, and 38 parts distribution centers at GM and Stellantis. However, strikes at these plants would have less impact as the models affected are either money-losers or substantially less profitable than the big pickups. The union launched its first walkouts on Sept. 15, with simultaneous strikes at one assembly plant at each automaker.
Persons: Shawn Fain, Fain, Silverados, Ram, Ford, Joe Biden, David Shepardson, Joseph White, Nick Zieminski Organizations: DETROIT, United Auto Workers, Detroit, UAW, Wall Street, Ford, General Motors, Strikers, GM, Reuters Graphics Reuters, Thomson Locations: Kentucky, Flint, Sterling Heights , Michigan, Warren , Michigan, Detroit, Italian, Kokomo , Indiana, Hamtramck, Spring Hill , Tennessee, Dearborn , Michigan
The union did not elaborate ahead of a planned video address by UAW President Shawn Fain at 10 a.m. About 18,300 UAW members are on strike, but that is only about 12% of the total number of union members working at the three automakers. The UAW launched its walkouts on Sept. 15, its first simultaneous strikes at General Motors, Chrysler parent Stellantis and Ford. Analysts estimate GM, Ford and Stellantis earn as much as $15,000 per vehicle on each of their respective large pickup truck models. The UAW, which represents 46,000 workers at GM, 57,000 at Ford and 43,000 at Stellantis, began negotiations with the companies in July.
Persons: Shawn Fain, Joe Biden, Evelyn, Fain, Ford, Biden, Donald Trump, David Shepardson, Joseph White, Leslie Adler, Jonathan Oatis Organizations: United Auto Workers, UAW, REUTERS, Detroit, Ford, General Motors, Chrysler, GM, Strikers, Democratic, Republican, Republican U.S, Trump, Biden, Thomson Locations: Belleville, Wayne County , Michigan, U.S, DETROIT, Detroit, Stellantis, Michigan
At least $4.5 trillion a year in clean-energy investments will be needed by the start of the 2030s to reach net zero by 2050, the IEA said. “We have the tools needed to go much faster,” the report said. It estimates that 80% of the emissions reduction needed by 2030 can come from increasing renewable generation, energy efficiency and electrification, as well as from cutting methane emissions. The new report comes as policies toward green energy globally are at a crossroads, with politicians balancing green ambitions with energy security and a cost-of-living squeeze. “Without efforts to reduce methane emissions from fossil fuel supply, global energy sector CO2 emissions would need to reach net zero by around 2045,” the report said.
Persons: Ajit Solanki, , Yusuf Khan Organizations: Press, International Energy Agency, IEA, Business Locations: Surendranagar, Gujarat, India, Paris, Ukraine, China
REUTERS/Stringer/File Photo Acquire Licensing RightsLONDON, Sept 26 (Reuters) - Global production of primary aluminium hit an all-time high in August, with the world's smelters running at an annualised rate of 71.2 million metric tons. It now estimates national output rose by 1.3 million metric tons. Global production in August came in at 6.0 million metric tons, up 1.6% on August last year, while cumulative production of 46.5 million metric tons was up 1.7% on the year-ago period. The country's annualised run-rate has increased by 2.1 million metric tons since March and registered a fresh all-time high of 42.4 million tons in August. Everything depends on rainfall levels in Yunnan, which has emerged as a major aluminium production hub due to its "green", low-carbon credentials.
Persons: Stringer, Sharon Singleton Organizations: REUTERS, International Aluminium Institute, IAI, Institute, Shanghai Futures Exchange, London, Exchange, Reuters, Thomson Locations: Binzhou, Shandong province, China, Malaysia, Iran, Yunnan, Sichuan
A study published this week linked the COVID-19 antiviral molnupiravir to new coronavirus mutations, raising questions about whether the drug could lead to the evolution of potentially concerning strains in the future. The drug works by causing mutations in the genetic information of the virus. Researchers looked at 15 million coronavirus genomes to analyze the timing and type of mutations. Study authors said the findings are important for regulators who assess the drug. “The authors assume these mutations were associated with viral spread from molnupiravir-treated patients without documented evidence of that transmission.
Persons: molnupiravir, ” Theo Sanderson, Francis Crick, Merck Organizations: Nature, Francis, Francis Crick Institute Locations: London, molnupiravir
President Joe Biden is expected to visit a picket line Tuesday in the Great Lake State following a public invitation Friday from UAW President Shawn Fain. UAW members Niko Shinn (front) and Darius Collier (back) walk a picket line on Sept. 25, 2023 outside a Mopar facility owned by automaker Stellantis in Centerline. Fain has appeared with the independent senator from Vermont in Washington, D.C., and during a recent UAW rally in Detroit. Trump led Biden 46% to 43% among union members in an August survey, after Biden led Trump 51 % to 42% in June, according to Bernie Porn, president of EPIC·MRA. "With union members, he has been so supportive of just about everything that union members want.
Persons: Rebecca Cook, Joe Biden, Shawn Fain, Donald Trump, Leah Millis, Trump, Darius Collier, Collier, Stellantis, They've, Biden, Fain, Mark Burton, Gretchen Whitmer, Niko Shinn, Michael Wayland, Whitmer, Debbie Dingell, Sen, Bernie Sanders, Sanders, Fain's, who's, Bernie Porn, Trump's, Jamie Roe, Scott Olson Organizations: GM, United Auto Workers, Louisville Kentucky, Reuters DETROIT, General Motors, Ford Motor, Air Force, Joint Base Andrews, Reuters Biden, Biden, Trump, White, UAW, Michigan Gov, Democrat, Stellantis, CNBC Michigan, U.S . Rep, Washington , D.C, Detroit automakers, GOP, Trump's, Drake Enterprises, Republican, Plant, Getty Locations: Louisville, Detroit , Michigan, Michigan, Great Lake State, Clinton Township , Michigan, U.S, Joint Base Andrews , Maryland, . Michigan, Vermont, Washington ,, Detroit, Macomb County , Michigan, United States, Ford's Wayne, Wayne , Michigan
When he was pressed by Morgan if he had used such toys “while playing chess,” Niemann replied: “Well, your curiosity is a bit concerning, you know - maybe you’re personally interested, but I can tell you, no. The accusations of cheating aimed at Niemann evolved into a scandal which gripped the world of chess over the last year. Niemann then filed a $100 million defamation lawsuit against Chess.com, Carlsen and popular streamer and player Hikaru Nakamura. As a result, online chess sites, like Chess.com, have developed anti-cheating technology to detect when players are using outside computer software during games in an attempt to curb foul play. While FIDE is battling to combat online cheating, there has been a level of purity to over-the-board chess with cheating proving to be much more difficult.
Persons: Hans Niemann, Piers Morgan, Niemann, , it’s, Morgan, ” Niemann, you’re, Magnus Carlsen, , Carlsen, St . Louis, Chess.com, Hikaru Nakamura, Magnus, Niemann –, , they’ve, Andy Howie, haven’t Organizations: CNN, New York Times, Louis Chess Club, Chess.com, ” CNN, FIDE Locations: Norwegian, St ., Chess.com, Stockfish
A new study released Monday said Merck 's widely used antiviral Covid pill can cause mutations in the virus that occasionally spread to other people, raising questions about whether the drug has the potential to accelerate Covid's evolution. Molnupiravir works by causing mutations in Covid's genetic information, which weakens or destroys the virus and reduces the amount of Covid in the body. Researchers in the U.S. and U.K. specifically analyzed 15 million Covid genomes to see which mutations had occurred and when. Based on data at the time, a spokesperson for Merck said it didn't believe molnupiravir was likely to contribute to Covid mutations. The new study comes as Covid once again gains a stronger foothold in the U.S., primarily driven by newer strains of the virus.
Persons: Merck, molnupiravir, Theo Sanderson, Francis Crick, Covid, Merck's molnupiravir, Molnupiravir Organizations: Francis, Francis Crick Institute, Twitter, Merck, U.S . Food, Drug Administration, FDA Locations: U.S, London
But Mintz also acknowledges that having more places to access PrEP likely will not be enough to substantially increase its use in more vulnerable communities. “There needs to be a couple of levers that need to be pulled for everybody to access PrEP who are eligible to access PrEP,” Mintz says. (Joe Raedle/Getty Images)Meanwhile, a pending ruling in a federal appellate court looms as a threat that could more broadly undermine PrEP coverage. “We don’t know what the 5th Circuit could do.”In the wake of the March court ruling, insurers expressed support for preventive services. “Right now, PrEP uptake is quite good among gay white men, but among people of color and among women PrEP access is quite limited,” Dawson says.
Persons: Apretude, , Omar Martinez Gonzalez, Sean Bland, we’re, ” Bland, Truvada, ” Martinez Gonzalez, Laura Mintz, Mintz, ” Mintz, Truvada –, AIDSVu, Joe Raedle, Laurie Sobel, , ” Sobel, Lindsey Dawson, ” Dawson, Torrian Baskerville, Baskerville, ” Baskerville, who’d, Biden, Bland Organizations: U.S . Preventive Services Task Force, U.S . Food, Drug Administration, Affordable, AIDS Foundation Chicago, , Centers for Disease Control, Santa Clara University School of Law, Georgetown University’s O’Neill Institute for National, Global Health, Blacks, PrEP, Emory University, Gilead Sciences, Black PrEP, Case Western Reserve University School of Medicine, Pride Network of, ViiV Healthcare, GlaxoSmithKline, U.S, Circuit, Appeals, Supreme, Human Rights, Navigators, Department of Health, Human Services Locations: U.S, Black, Cleveland, Gilead, , Miami, Texas, Ohio
CNN —Researchers working at a cave in southern Spain have found evidence that the skeletal remains of ancient humans buried there were dug up, modified and even used as tools by subsequent generations. While these types of remains are known as “skull cups,” that doesn’t necessarily mean they were used as containers, Milella said. “Modification and manipulation of human remains are indeed well known for this time, with examples also from the same region. In that sense, Marmoles Cave is consistent with what we know about the funerary behavior of these cultures,” he said. And it is also possible that those who modified the remains may have known the people that they belonged to when they were alive.
Persons: los, Vera Rodríguez, , Marco Milella, Milella, , Organizations: CNN, University of Bern, Cueva Locations: Spain, Switzerland, Granada
Talks continued between union representatives and company management on the sixth day of a coordinated walkout, a day after Ford (F.N) averted a strike by Canadian workers. The UAW launched a strike against Ford, General Motors (GM.N) and Stellantis last week, targeting one U.S. assembly plant at each company. UAW workers also want to end a tiered wage structure that they say has created a large gap between newer and older employees, forcing some to work two jobs to make ends meet. We’re serious about this,” said Victor Holloway, 24, of Westland, Michigan, who has worked at the Ford plant in Wayne, Michigan, since 2021. U.S. President Joe Biden is wearing a red tie on Wednesday in solidarity with UAW workers, the White House said.
Persons: Mark Reuss, “ We’re, , Victor Holloway, Rebecca Cook, Stellantis, Ram, Reuters Graphics Ford, Unifor, Ford, Joe Biden, Biden, Shawn Fain's, David Shepardson, Joe White, Ben Klayman, Anirudh, Richard Chang, Will Dunham, Matthew Lewis, Deepa Babington Organizations: DETROIT, United Auto Workers, Ford, Detroit, Detroit Free Press, UAW, General Motors, Ford Bronco, Chevrolet, Reuters, GM, REUTERS, GM's, Silverado, Reuters Graphics, Kokomo, RSM, Thomson Locations: Michigan , Ohio, Missouri, Chevrolet Colorado, Westland , Michigan, Wayne , Michigan, Fairfax , Kansas, Toledo , Ohio, U.S, Canada, Canadian, Ohio, Indiana, Kokomo , Indiana, Washington, Detroit, Bengaluru
DETROIT, Sept 20 (Reuters) - Talks were ongoing on Wednesday between union representatives and company management in the sixth day of the United Auto Workers strike at the Detroit Three automakers, a day after Ford (F.N) averted a walkout by Canadian workers. The UAW launched a strike against Ford, General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI) last week, targeting one U.S. assembly plant at each company. The UAW's coordinated U.S. action led to about 12,700 workers going on strike last week. Ford reached a last-minute deal to avoid a walkout at its Canadian operations late on Tuesday. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three of Ford's plants in that country if a deal was not reached by late on Tuesday.
Persons: Ford, Mark Reuss, Carlos Osorio, Ram, Unifor, Stellantis, Anirudh Saligrama, David Shepardson, Ben Klayman, Will Dunham, Richard Chang, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three, Ford, UAW, General Motors, Chrysler, Ford Bronco, Chevrolet, Motors, Detroit, Detroit Free Press, Plant, REUTERS, GM's, Silverado, GM, RSM, Kokomo, Thomson Locations: Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, Oakville, Oakville , Ontario, Canada, Ford Canada, Canadian, Ohio, Indiana, Toledo, Kokomo , Indiana, Bengaluru, Washington, Detroit
More layoffs are anticipated at Kokomo Transmission and Kokomo Casting in Kokomo, Indiana, impacting an additional 300 employees there, the company said. Ford and General Motors already laid off or warned of idling employees at two of their plants because of the targeted strikes. General Motors idled 2,000 employees at the company’s Fairfax Assembly Plant in Kansas due to the UAW’s targeted strike on its Wentzville Assembly Plant in Missouri, the company announced Wednesday. Due to the specific circumstances of this situation, impacted employees are not eligible for company-provided SUB-pay,” the company said in a statement. GM said it continues to bargain in good faith and is scheduled to be at the main bargaining table with the UAW today.
Persons: Stellantis, Stellantis . Ford, Fairfax, Shawn Fain Organizations: CNN, United Auto Workers, Kokomo, Stellantis, General Motors, Ford’s Michigan Assembly, Fairfax Assembly Plant, GM, UAW Locations: Toledo, Perrysburg , Ohio, Kokomo , Indiana, Wayne , Michigan, Fairfax, Kansas, Wentzville, Missouri, Kansas City
Building begins on facility linking Canada hydropower to NYC
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +2 min
New York Governor Kathy Hochul speaks during a campaign rally with other New York Democrats, in Yonkers, New York, U.S., November 6, 2022. The 340 mile (547 km) transmission line is a proposed underwater and underground high-voltage direct current power transmission line to deliver the power from Quebec, Canada, to Queens, New York City. The converter station for the line will be the first-ever transformation of a fossil fuel site into a grid-scale zero-emission facility in New York City, its backers say. Once the construction is completed, it will convert 1,250 megawatts of energy from direct current to alternating current power that will be fed directly into the state's power grid. The converter station is a step towards New York’s target for 70% of the state’s electricity to come from renewable sources by 2030.
Persons: Kathy Hochul, Kevin Lamarque, Champlain, ” Hochul, Ashitha, Timothy Gardner Organizations: New, New York Democrats, REUTERS, Tuesday, Champlain Hudson Power Express, Hydro, Workers, Thomson Locations: Yonkers , New York, U.S, New, New York City, Quebec, Canada, Queens , New York City, Montreal, Astoria, Queens, Bengaluru
Covert strikes by Ukraine in Sudan would mark a dramatic and provocative expansion of Kyiv’s theater of war against Moscow. Aside from a string of Ukrainian drone attacks that hit deep inside Russian territory, Ukraine’s ongoing counter-offensive has been focused on the country’s occupied east and south. A high-level Sudanese military source said he had “no knowledge of a Ukrainian operation in Sudan” and did not believe it was true. What appears to be a DJI MAVIC 3 drone can be seen in the videos filming the drone strikes. Six drone strikes targeted pickup trucks driving on Shambat bridge.
Persons: Wagner, Sudan ”, Mohamed Hamdan Dagalo –, Abdel Fattah al, Burhan, Wim Zwijnenburg, ” Zwijnenburg, Zwijnenburg, Hemedti, Gen, Mohamed Hamdan Dagalo, Wagner’s, General Khalifa, Yevgeny Prigozhin, Dmitry Utkin, Prigozhin’s, Prigozhin, Yunus, Bek Yevkurov, Andrey Averyanov, Dmytro Kuleba, ” Kuleba Organizations: Chad CNN, CNN, Sudanese, Kyiv, Rapid Support Forces, Ukrainian, Central African, PAX, AK, CAR, PMC Wagner, Reuters Analysts, Kremlin, Agence France, Presse Locations: Kyiv, Ukraine, N'Djamena, Chad, Ukrainian, Sudan’s, Russian, Sudan, Moscow, Omdurman, Khartoum, balaclava, British, al, Zurug, Russia, Africa, Mali, Central African Republic, Libya, Ombada, Ethiopia, Nigeria, Latakia, Bangui, , Syria, Burkina Faso, St . Petersburg, Eritrea
CNN —The union representing Canadian autoworkers at Ford has reached a tentative deal with the US automaker, keeping more than 5,000 union members on the job and providing some good news for an industry dealing with unprecedented labor disruptions. Details of the deal between Ford and Unifor, the Canadian union, were not immediately available. “We leveraged our union’s most powerful weapon: the right to strike,” Unifor said in its statement Tuesday evening. The issues in the Canadian labor negotiations greatly mirrored the issues behind the UAW strike against those three automakers. The companies, which are reporting record or near-record profits, all say they have offered the UAW members raises totaling about 20% during the life of the contracts, including immediate 10% raises.
Persons: Unifor, ” Unifor, , Ford, It’s, That’s Organizations: CNN, Canadian, Ford, United Auto Workers, Ford Edge, Lincoln Nautilus, UAW, Motors, North American, Jeep, Dodge, Chrysler Locations: Canada, Toronto, Windsor , Ontario, Detroit, Wayne , Michigan
New York CNN —The United Auto Workers union’s already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger. So far, the strike, which started early Friday, has targeted only one final assembly plant at each automaker. So, noon on Friday, September 22nd is a new deadline.”While 12,700 union members are on strike, most of the 145,000 members at the three automakers remain on the job. The UAW chose to target final assembly plants first, which has made the initial strikes quite targeted and tactical. Spreading impact of strikeThe impact of the strike will have a ripple impact on other factories beyond the three targeted already by the UAW strike.
Persons: Stellantis, Shawn Fain, Autoworkers, We’re, “ We’re, , , Ford, Lana Payne, Payne, Fairfax, David Barnas, Louis, Biden, Donald Trump, Mike Pence, Fain, Trump Trump, Joe Biden, ” Trump Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, CNN, GM, UAW, Ford Bronco, Companies, GM Stellantis, Jeep, Dodge, Chrysler, Fairfax Assembly, US Steel, Trump Locations: New York, Wayne , Michigan, Canada, United States, Fairfax, Kansas City , Kansas, Wentzville, Granite City , Illinois, St, Detroit
A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt, Germany, September 14, 2023. The central bank for the 20 countries that use the euro has already raised interest rates 10 times to record levels but inflation remains well above its 2% target. ECB President Christine Lagarde said last week that policymakers had not discussed the bond-buying schemes at their latest policy meeting. She described the PEPP as the ECB's "first line of defence" to preserve policy transmission - central bank jargon for bond market stability in the most indebted countries. Slovenian central bank governor Bostjan Vasle recently backed selling bonds bought under the ECB's older Asset Purchase Programme, which is less flexible than the PEPP.
Persons: Wolfgang Rattay, Christine Lagarde, Bostjan Vasle, Peter Kazimir, Catherine Evans Organizations: European Central Bank, REUTERS, Central Bank, Reuters, ECB, Thomson Locations: Frankfurt, Germany, Italy, FRANKFURT, Athens, Slovenian, PEPP, Sintra
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