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Cases of West Nile virus are increasing in the U.S., with health officials across several states urging residents to take precautions. According to the Centers for Disease Control and Prevention, 43 states have reported West Nile virus infections this year. "The trends we are seeing in our West Nile virus tracking data are unprecedented," Colorado epidemiologist Rachel Herlihy said in a statement last month. West Nile virus is the leading cause of mosquito-borne disease in the continental U.S., according to the CDC. There are no vaccines or treatments for West Nile virus in people.
Persons: Rachel Herlihy, , Shawn M, LaTourette, Public Health Services Nilesh Kalyanaraman Organizations: Centers for Disease Control, New, Jersey Environmental, Maryland, Public Health Services, Health Locations: U.S, Colorado , California , Arizona , Nebraska, South Dakota, Colorado, West, Southwest, East, New Jersey, , Jersey, Maryland
Stellantis said the facility would "continue to be our North American headquarters and North America technical center." It's not guaranteed the facilities would close under a labor deal; however, Stellantis is required to include potential closures or sales of any location where a UAW member works, a company source said. Stellantis North American Chief Operating Officer Mark Stewart, who is overseeing the UAW talks, said the company needs to "modernize" the Mopar facilities. Stewart, without disclosing details of the plan, described the company's proposal for Belvidere as a "very compelling offer." The Mopar facilities that could close include Atlanta PDC; Boston PDC; Centerline Warehouse & Packaging; Chicago PDC; Marysville PDC; Milwaukee PDC; New York PDC; Orlando PDC; Sherwood PDC; and Warren PDC.
Persons: Bill Pugliano, Stellantis, Jeff Kowalsky, It's, Mark Stewart, Stewart, Rich Boyer, Michael Wayland, Sen, Bernie Sanders, Boyer Organizations: United Auto Workers, UAW, Big, Getty, DETROIT, CNBC, Belvidere Assembly, Plant, Elliott, FCA, Technology Center, Afp, North, Detroit Free Press, Detroit, General Motors, Ford Motor, Cherokee, GM, Ford, CNBC UAW, U.S, Detroit automakers, Atlanta PDC, Boston PDC, Packaging, Chicago PDC, Marysville PDC, Milwaukee PDC, New York PDC, Orlando PDC, Sherwood PDC, Warren PDC Locations: Detroit , Michigan, U.S, Illinois, Belvidere, Indiana, Trenton, Michigan, Detroit, Stellantis, Auburn Hills , Michigan, North America, Arizona, Belvidere Assembly, Belvidere , Illinois, Belvidere —, Warren, Mich, Fishkill , New York, Macon , Georgia
Sept 18 (Reuters) - Cadence Bank (CADE.N) CEO Dan Rollins calls the regional banking crisis from earlier this year "March madness." Interviews with half a dozen regional bank executives and economists show the March banking crisis has had a lasting impact on the regional banking industry and the economy. Torsten Slok, chief economist at Apollo Global Management, said the banking crisis had "a magnifying effect" on the Fed's tightening but its full impact would come with a lag. The failure triggered a crisis of confidence, with depositors moving their money from regional banks to the perceived safety of the largest lenders. The KBW Regional Bank Index (.KRX) is down about 20% since early March despite a summer rebound.
Persons: Dan Rollins, Rollins, Mark Zandi, , Zandi, Torsten Slok, Slok, Cadence's Rollins, Steve Wyett, Wyett, Banks, Cadence’s Rollins, Randy Chesler, Chesler, Moody's Zandi, Jeff Jackson, Raj Singh, Singh, Paritosh Bansal, Anna Driver Organizations: Cadence Bank, Moody’s, Apollo Global Management, Bank, Reuters Graphics, Valley, Regional, BOK, Federal, Loan, Thomson Locations: . Federal, Silicon, Tulsa , Oklahoma, Kalispell , Montana, Wheeling , West Virginia
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
Ford also faces strike at Canadian plants Monday night
  + stars: | 2023-09-17 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
Unifor, the union that represents autoworkers in Canada, is preparing to go on strike against Ford on Monday night. The 3,400 Unifor members at the plant produce the Ford Edge and the Lincoln Nautilus SUVs. The two plants have a total of 1,700 Unifor members. It has not had a US strike since 1978, nor a Canadian strike since 1990. But Payne said her members at Ford are prepared to strike Monday night if the company doesn’t step up to its demands.
Persons: Ford, Lana Payne, “ We’re, ” Payne, , Jeff Schuster, , Payne, she’s, Unifor, ” Ford Organizations: New, New York CNN, United Auto Workers, Ford, CNN, UAW, Ford Edge, Lincoln Nautilus, Nautilus, – Ford, General Motors, North American, Jeep, Dodge, Chrysler, GlobalData, GM, Canadian, US Locations: New York, Canada, Toronto, Oakville , Ontario, Windsor , Ontario, Detroit, Windsor, Warren , Michigan, United States, Mexico, America
Workers are seen at the production line of lithium-ion batteries for electric vehicles (EV) at a factory in Huzhou, Zhejiang province, China August 28, 2018. "This will skyrocket our demand for lithium-ion batteries, fuel cells and electrolysers, which is expected to multiply between 10 and 30 times in the coming years," the paper, prepared by the Spanish presidency of the EU, said. While the EU has a strong position in the intermediate and assembly phases of making electrolysers, with a more than 50% global market share, it relies heavily on China for fuel cells and lithium-ion batteries crucial for electric vehicles. Lithium-ion batteries and fuel cells were not the only area of EU vulnerability, the Spanish presidency paper said. "The EU has a relatively strong position in the latter, but it shows significant weaknesses in the other areas," it said.
Persons: Stringer, Jan Strupczewski, Conor Humphries Organizations: REUTERS, Rights, European, EU, Reuters, European Commission, European Central Bank, Thomson Locations: Huzhou, Zhejiang province, China, Rights MADRID, Russia, Ukraine, Granada, Spain, Europe, Africa, Latin America, Spanish
Striking United Auto Worker Diana Osborne holds a strike sign outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S. September 15, 2023. GM CEO Mary Barra sent a letter to employees Thursday saying the company’s latest offer now includes a 20% raise, with an immediate 10% pay hike. The lower-paid temporary employees would get $20 an hour, which represents at 20% raise from current $16.67 an hour they receive. Anger is mounting with Stellantis:Stellantis is making greater use of lower-paid temporary workers than the other automakers. Eliminating or at least limiting use of temporary workers is a major issue for the union.
Persons: Worker Diana Osborne, Rebecca Cook, Shawn Fain, Mary Barra, Jim Farley, Farley, Wheaton, Stellantis Organizations: United, Worker, Ford Michigan Assembly Plant, Reuters, United Auto Workers, UAW, General Motors, Ford, Jeep, Dodge, Chrysler, North America, Workers, GM, CNN, Cornell University’s Industrial, Labor Relations Locations: Wayne , Michigan, U.S, Wentzville , Missouri, Toledo , Ohio, Ford, Buffalo .
Biden is trying to turbocharge the market for electric vehicles to reduce greenhouse gas emissions and prevent China from solidifying its grip on a growing industry. However, some in the UAW fear the transition will cost jobs because electric vehicles require fewer people to assemble. China is the dominant manufacturer of electric vehicles and batteries. Some environmental groups, conscious of how labor remains crucial to securing support for climate programs, have expressed support for the strike. Former President Donald Trump, the frontrunner for the Republican nomination, sees an opportunity to drive a wedge between Biden and workers.
Persons: Joe Biden, Biden, , Erik Gordon, Brittany Eason, Eason, ” Biden, , Dave Green, , Suzanne Clark, Sam Gilchrist, It's, Donald Trump, NBC's “, ” Trump, Shawn Fain, “ That’s, ” Ammar Moussa, Trump, Barack Obama, Fain, Madeline Janis, Joey Cappelletti Organizations: WASHINGTON, United Auto Workers, UAW, University of Michigan’s Ross School of Business, Ford Assembly Plant, White, , U.S . Chamber of Commerce, Natural Resources Defense, Presidential, Republican, Press, MSNBC, Energy Department, Ford, South, White House, Associated Locations: Michigan, China, Wayne, Mich, Detroit, Ohio, Indiana, U.S, United States, Tennessee, Kentucky, South Korean, Lansing
The first known hybrid between a pampas fox and a domestic dog was discovered in Brazil. Her father was a domestic dog of an unspecified breed. AdvertisementAdvertisementThe dog-fox resembles both a dog and a fox and shares characteristics with both animals, scientists said. Other names suggested for the animal were "graxorra" and "dogxim," which reference the Portuguese names for the pampas fox and female dog. This type of hybridization can threaten wildlife conservation due to risks of introgression and disease transmission by the dog, the study said.
Persons: Flávia Ferrari, Ferrari, Bruna Elenara Organizations: Service, British, The Telegraph, Telegraph, Universidade Federal Locations: Brazil, Wall, Silicon, South America, Universidade, Rio Grande do Sul, North America, Europe, Africa, Universidade Federal, Santa Maria
SAM FIORANI, PRODUCTION FORECASTER AT AUTO FORECAST SOLUTIONS:"This is more of a symbolic strike than an actual damaging one ... DEMOCRATIC U.S. REPRESENTATIVE ELISSA SLOTKIN OF MICHIGAN:"I'm looking forward to joining our auto workers on the picket line this weekend. DONALD TRUMP, FORMER U.S. PRESIDENT:"The all Electric (car) is a disaster for both the United Auto Workers and the American Consumer. The targeted strike is intended to give UAW flexibility strike fund duration." SUZANNE CLARK, CEO OF US CHAMBER OF COMMERCE"The UAW strike and indeed the 'summer of strikes' is the natural result of the Biden administration's 'whole of government' approach to promoting unionization at all costs."
Persons: MARY BARRA, who's, we've, Shawn, Fain, DAN IVES, KOJI ENDO, LEE JAE, ARTHUR WHEATON, It's, ELISSA SLOTKIN, JAY TIMMONS, MONICA BOSIO, Stellantis, MARTINO, AMBROGGI, DONALD TRUMP, CHRIS MCNALLY, COLIN LANGAN, AT WELLS, PATRICK ANDERSON, JOHN MURPHY, Ford, ROBERT STREDA, DBRS, SUZANNE CLARK, Biden, Joseph White, David Shepardson, Trevor Hunnicutt, Peter Henderson, Heekyong Yang, Daniel Leussink, Giulio Piovaccari, Mehr Bedi, Medha Singh, Anne Marie Roantree, Jamie Freed, Savio D'Souza, Arun Koyyur Organizations: United Auto Workers, UAW, General Motors, Ford, Chrysler, Ford Bronco, Chevrolet, CNBC, GM, SBI, EUGENE, South, CORNELL SCHOOL, Company, DEMOCRATIC U.S, ELISSA SLOTKIN OF, NATIONAL ASSOCIATION, American Consumer, ISI, AT, Detroit, Thomson Locations: Chevrolet Colorado, Detroit, United States, ELISSA SLOTKIN OF MICHIGAN, China, Washington, San Francisco, Seoul, Tokyo, Milan, Bengaluru
CNN —UAW President Shawn Fain has become the X factor in the striking autoworkers’ pursuit of increased pay and benefits, injecting a level of chaos into negotiations that neither the automakers nor the White House predicted or quite know how to manage. The UAW on Friday struck at just three plants, one at each of the Big Three automakers. Nevertheless, the strike marks the first time in history the UAW has struck at all three automakers simultaneously. Fain told union members Thursday that the union’s strike strategy “will keep the companies guessing” and give union negotiators “maximum leverage” when they return to the bargaining table. Although Fain has at times praised Biden, he has also criticized the president for failing to do enough to help the autoworkers in their cause.
Persons: Shawn Fain, , Fain, Jim Farley, Mary Barra, Stellantis, Joe Biden, Biden, Fain isn’t, , He’s, he’s, Curry, Wheaton, , ” Wheaton Organizations: CNN, White, UAW, Big Three, Thursday, GM, National Labor Relations Board, Democratic, Chrysler, Cornell University’s School of Industrial and Labor Relations Locations: Kokomo , Indiana, Indiana, Buffalo, Wheaton
Visual Highlights From the 'More Than Words' Project
  + stars: | 2023-09-15 | by ( Wilson Liévano | ) www.usnews.com   time to read: +13 min
Many of those who only speak Spanish are frustrated that language barriers get in the way of public safety information. Cabrera works long hours and would like to find community and services for her 79-year-old mother, but language barriers holds them back. (Emree Weaver / Yakima Herald-Republic)YAKIMA, WASHINGTON – In Yakima County, which is 52% Hispanic and largely agricultural, local health care systems have had to adapt to the needs of the population. (Emree Weaver / Yakima Herald-Republic) Rigo Zepeda, an advanced registered nurse practitioner, demonstrates how providers use a video remote interpreting device at MultiCare Yakima Memorial, in Yakima, Washington. (Emree Weaver / Yakima Herald-Republic)
Persons: Victoria Franco, Harika Maddala, Catchlight Local Salvador Reyna Madryc, Luis Magaña, Ignacio Yepez, Rosa Cardenas, Rosa Trevizo, Doug Kuehne’s, Gerdrado Serrano, Griselda Juarez, Juarez, Gabriela Martínez, Esmirna Jiménez, Jimenez, Pedro Ferreras's, Pedro Ferreras’s, , , ” Jiménez, Gabriela Lozada, Flerida Moriel, Mirla Cabrera, Cabrera, Flerida, Moriel, , ” Cabrera, don’t, They’re, NHPR, Santiago Ochoa, Emree Weaver, YAKIMA , WASHINGTON –, Granger, Bertha “ Lily ” Gonzalez, Maria Guadalupe Diaz, Diaz, Lisaola, Rigo, Angelina Garcia, Bertha Lopez Organizations: America, . News, Services, Victoria, Catchlight Local, Flea, Stockton, News, Loel, Spanish, New, American Community Survey, Social, Derry, New Hampshire Public, Flerida, HAMPSHIRE, Immigration, New Hampshire Public Radio, Facebook, Yakima Herald, Yakima Herald -, Yakima Herald - Republic Workers, Census, Memorial Cornerstone Medicine, Memorial Locations: Stockton Text, Bay, Bay City, Stockton , California, STOCKTON , CALIFORNIA, San Joaquin County, Spanish, Lodi , California, Weston, United States, Dominican Republic, Harrisburg , Pennsylvania, WITF, HARRISBURG , PENNSYLVANIA, Pennsylvania, New American, Carlisle, Harrisburg, Allison Hill, NHPR, MANCHESTER, Manchester, New Hampshire, Nashua, New, Peru, Yakima, Yakima Herald - Republic, Cowiche , Washington, YAKIMA , WASHINGTON, Yakima County, Toppenish, Wapato, Republic, Yakima , Washington, Yakima County’s
SACRAMENTO, Calif. (AP) — California lawmakers were scheduled to vote Thursday on whether to give Democratic Gov. Five companies paid roughly $750 million last year to lease areas off the California coast to build wind turbines. The bill before lawmakers Thursday would let the state buy the power. Consumers would not pay it until the wind projects are up and running, likely several years from now. The bill lawmakers approved on Wednesday also includes provisions to fast-track new electric transmission projects.
Persons: Gavin Newsom's, Alex Jackson, , Sen, Brian Dahle, ” Scott Wetch, Newsom, Henry Stern, Alice Reynolds, ” Reynolds Organizations: Democratic Gov, American Clean Power Association, Republican, of Water Resources, Democratic, California Public Utilities Commission Locations: SACRAMENTO, Calif, California
But there’s a good chance at least some of them, at a mix of plants and companies, will walk out. Those limited, targeted strikes could be enough to grind production to a halt at America’s three unionized automakers. One advantage for the union of a targeted strike is the potential to save resources and extend a possible walkout. Striking union members are eligible for $500 a week from the union’s strike fund. The companies did not respond to questions Wednesday about their plans if faced with the targeted strikes Fain described on Wednesday.
Persons: Shawn Fain, Fain, Jeff Schuster, , Schuster, Jim Farley, Farley, Bill Ford, ” Farley, , ” Ford, can’t, “ We’re, Patrick Anderson, Anderson, That’s, Ford Organizations: Detroit CNN, General Motors, Ford, United Auto Workers, UAW, America ’, GlobalData, GM, Detroit Auto, Jeep, Dodge, Chrysler, Anderson Economic Group, Fiat Chrysler, PSA Group Locations: America, Detroit, North America, Michigan, Edmunds, That’s, European
[1/4] "UAW on strike" picket signs lay on a pile of wood outside the General Motors Detroit-Hamtramck Assembly in Hamtramck, Michigan, U.S. October 25, 2019. "To win, we're likely going to have to take action," UAW President Shawn Fain said on Wednesday. Fain said it was still possible that at a later date all of the auto workers could strike. Some losses could be recouped by boosting production schedules after a strike, but that possibility fades as a strike extends to weeks or months. That is less than half the pay hikes the union has sought, but higher than companies initial offers.
Persons: Rebecca Cook, we're, Shawn Fain, Fain, Joe Biden, Jared Bernstein, Stellantis, Ford, Bernie Sanders, David Shepardson, Peter Henderson, Jamie Freed Organizations: UAW, General Motors Detroit, Hamtramck, REUTERS, U.S ., United Auto Workers, Detroit, Deutsche Bank, Biden, Ford, General Motors, Chrysler, GM, Thomson Locations: Hamtramck , Michigan, U.S, Detroit
Here’s what to watch as the clock ticks down:Which plants would go on strike? One advantage of a targeted strike for the union is the potential to save resources and extend a possible walkout. Striking union members are eligible for $500 a week from the union’s strike fund. Ford has not had a national strike since 1976 and has not had a strike of any kind at its US plants since 1978. Sometimes after talks break down, the parties can return to the table and reach a deal without a strike.
Persons: Jeff Schuster, , Schuster, Shawn Fain, Fain, We’re, , , Ford, Wheaton, Will Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, GlobalData, UAW, GM, Stellantis, Jeep, Dodge, Chrysler, Cornell University’s Industrial, Labor Relations, Warehouse, Writers Guild of America, Alliance, Television Producers, UPS, Teamsters Locations: New York, America, Kokomo , Indiana, Toledo , Ohio, Livonia , Michigan, Stellantis, Buffalo, West
Nipah: What do we know about virus spreading in India's Kerala?
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Residents fix a sign reading "Nipah containment zone" on a barricade, put up to block a road after the authorities declared the area a containment zone, to prevent the spread of Nipah virus in Ayanchery village in Kozhikode district, Kerala, India, September 13, 2023. Here is what we know about the virus:WHERE DID THE VIRUS COME FROM? The Nipah virus was first identified in 1998 during an outbreak of illness among pig farmers in Malaysia and Singapore. The 1998 outbreak in Malaysia and Singapore killed more than 100 people and infected nearly 300. More than 600 cases of Nipah virus human infections were reported between 1998 to 2015, WHO data shows.
Persons: Stringer, Nipah, Blassy Boben, Clarence Fernandez Organizations: REUTERS, World Health Organization, WHO, Thomson Locations: Kozhikode district, Kerala, India, DELHI, Malaysia, Singapore, Bangladesh
(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) said on Thursday it expects the total number of hospitalizations from COVID-19, respiratory syncytial virus infections and flu this year to be similar to last year, higher than pre-pandemic levels. The government health agency also said it expects flu and RSV infections to increase over the fall and winter seasons. Vaccines for all three major respiratory viruses – COVID-19, flu, and RSV – will be available this fall, the CDC said. Higher levels of vaccination across the population will help reduce the number of hospitalizations and risk of straining the country's hospitals, CDC added. A surge in cases of RSV infections coinciding with an increase in COVID transmission and an earlier-than-normal flu season has raised the specter of a so-called 'tripledemic' of respiratory illness across the United States.
Persons: Mariam Sunny, Shailesh Kuber Organizations: Reuters, U.S . Centers for Disease Control, Prevention, CDC, Pfizer Locations: COVID, United States, Bengaluru
Two people have died from the virus, he said in a statement Wednesday, the state’s fourth outbreak since 2018. Residents fix a sign reading, "Nipah containment zone," in the Kozhikode district of Kerala, India, on September 13. Multiple outbreaks in KeralaKerala experienced a deadly outbreak of the Nipah virus in 2018, killing 17 people and causing widespread panic in the state. Nipah virus was first identified during a 1998-1999 outbreak in Malaysia, where nearly 300 people were infected and more than 100 died, according to the CDC. Human-to-human transmission of the Nipah virus has also been reported.
Persons: Pinarayi Vijayan, , ” Vijayan, Stringer, Veena George, Organizations: CNN, World Health Organization, WHO, US Centers for Disease Control, Reuters, CDC Locations: India, state’s Kozhikode, Kozhikode, Kerala, Kerala Kerala, Malaysia, Kampung Sungai Nipah, Bangladesh
A wildfire burns on the island of Maui near an intersection in Lahaina, Hawaii, August 9, 2023. A bill to improve how the federal government tracks wildfire prevention work passed the House in a near-unanimous 406-4 vote on Wednesday, a month after the nation's deadliest wildfire in over 100 years killed at least 115 people in Hawaii. A 2022 NBC News investigation found that the United States Forest Service had overstated how much land it treats to reduce wildfire risk by an estimated 21% over a 15-year period. Tiffany, chairman of the House Natural Resources committee's federal lands subcommittee, cited NBC News' reporting when he introduced the bill. The bill applies to hazardous fuel reduction done by federal land management agencies, which mostly work on federally owned land.
Persons: Tom Tiffany, I'm, Tiffany, Sen, Joe Manchin, John Barrasso Organizations: NBC, United States Forest Service, Natural Resources, Service, Interior Department, Senate Energy, Natural Resources Committee Locations: Maui, Lahaina , Hawaii, Hawaii, Lahaina, California, Paradise
TEGUCIGALPA, Honduras (AP) — For decades, preventing dengue fever in Honduras has meant teaching people to fear mosquitoes and avoid their bites. Enriquez, a 52-year-old mason, had volunteered to help publicize a plan to suppress dengue by releasing millions of special mosquitoes in the Honduran capital. The Aedes aegypti mosquitoes that most commonly spread dengue have been resistant to insecticides, which have fleeting results even in the best-case scenario. SCIENTISTS SURPRISED BY BACTERIAThe Wolbachia strategy has been decades in the making. But along the way, O’Neill’s team made a surprising discovery: Mosquitoes carrying Wolbachia didn’t spread dengue — or other related diseases, including yellow fever, Zika and chikungunya.
Persons: they’ve, Hector Enriquez, Enriquez, , Scott O’Neill, Conor McMeniman, McMeniman, haven’t, Raman Velayudhan, Velayudhan, O’Neill, Oliver Brady, ” Brady, Bobby Reiner, “ It’s, ” Reiner, Edgard Boquín, Marlene Salazar, María Fernanda Marín, Lourdes Betancourt, Betancourt –, ” Betancourt, , ___ Burakoff, Marko Álvarez, Organizations: Mosquito Program, World Health Organization, Johns Hopkins University, WHO, London School of Hygiene, Mosquito, University of Washington, Workers, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: TEGUCIGALPA, Honduras, Tegucigalpa, Honduran, El, Australia, , Brazil, Mexico, Colombia, Fiji, Vietnam, Indonesia, COLOMBIA, Medellín, HONDURAS, Medellin, Northern Tegucigalpa, New York City
I drove Mercedes-Benz's new electric SUV: the EQE SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. AdvertisementAdvertisementThe 2023 Mercedes-Benz EQE 500 4MATIC SUV.
Persons: Mercedes, Tim Levin, I'm, anyone's, Elon Musk's, Tesla, iX, fanny, that's Organizations: Mercedes, Service, Benz, Subaru, BMW, Tesla's, EV Locations: Wall, Silicon, Stuttgart, Elon
A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska/File Photo Acquire Licensing RightsCompanies Bank Of England FollowLONDON, Sept 13 (Reuters) - The government should check that insurers are spending up to 100 billion pounds ($125 billion) on Britain's economy after their capital rules were eased, Bank of England Deputy Governor Sam Woods said on Wednesday. "I think it may happen, but I can't guarantee it," Woods told a sub-committee of parliament's Treasury Select Committee. The finance ministry overrode the Bank of England to ease some capital rules more than Woods had wanted, which could make an insurance company failure more likely. This means insurers will have more money to invest, currently only a modest part of their portfolios is in infrastructure, Gerken said.
Persons: BoE, Maja Smiejkowska, Sam Woods, Woods, Charlotte Gerken, Gerken, Huw Jones, Alexander Smith Organizations: Bank of England, REUTERS, Bank, Association of, Thomson Locations: London, Britain
The first piece of steel for the Stellantis and Samsung joint venture EV battery plant is raised earlier this year. Many believe the company will decide to have other work done at the Kokomo plants, even if it no longer needs transmissions or engines. A fraction of auto plant payThe Kokomo battery plant is still more than a year away from starting production. The battery plant workers are likely to start at half that, Quirk said. Even the top wage will be nearly 30% below top wage at a UAW plant today, let alone what it could be in the upcoming contract.
Persons: , , Gary Quirk, Quirk, epitomize, Stellantis —, Adam Nelson, Shawn Fain, Denny Butler, Chris Isidore, Todd Dunsmore, EVs, Philip Kline, Daniel Acker, Joe, Biden, Butler, , Kline, ” Quirk, it’s, won’t, that’s, Dunsmore, “ I’ve Organizations: Indiana CNN, United Auto Workers, Stellantis, Jeep, Dodge, Chrysler, Samsung, UAW, Big, , Motors, Ford, EV, Local, CNN Kokomo, Kokomo, EVs, Employees, Bloomberg, Getty, General Motors, GM, LG, Workers, aren’t Locations: Kokomo, Indiana, Kokomo , Indiana, Midwest, Indianapolis, South Bend, Stellantis, , , Ohio, North America
A targeted strike could shut operations for each company, depending on which plants and facilities are struck. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. GM’s statement did not address what it planned to do if their operations are disrupted by a targeted strike.
Persons: Shawn Fain, Fain, Jeff Schuster, , , ” Fain, Patrick Anderson, John Hatline, Hatline Organizations: Detroit CNN — United Auto Workers, General Motors, Ford, GlobalData, Jeep, Dodge, Chrysler, UAW, Anderson Economic, CNN Locations: America, Michigan, Detroit
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