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☆ Ford Retrenches Further on EVs Amid Demand Uncertainty
  + stars: | 2023-10-26 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
The United Auto Workers union said it reached a new tentative deal with Ford that could bring an end to a six-week strike at one automaker while negotiations continue at General Motors and Chrysler-parent Stellantis. Photo: Michael Swensen/Getty Images<br>Ford Motor posted $1.2 billion in net income in the third quarter, swinging from a loss in the prior-year period, but it withdrew its guidance for the year, citing the impact of the United Auto Workers strike. The company also said it is pushing out $12 billion in planned investment on electric vehicles, reiterating concerns about consumer demand and pricing pressure from competitors. It plans to delay a second battery plant in the U.S., a facility in Kentucky that is a joint-venture with Korean battery-maker SK On.
Persons: Michael Swensen Organizations: United Auto Workers, Ford, General Motors, Chrysler, Korean, SK Locations: U.S, Kentucky
☆ Ford Retrenches Further on EVs, Citing Waning Demand
  + stars: | 2023-10-26 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
The United Auto Workers union said it reached a new tentative deal with Ford that could bring an end to a six-week strike at one automaker while negotiations continue at General Motors and Chrysler-parent Stellantis. Photo: Michael Swensen/Getty Images<br>Ford Motor posted $1.2 billion in net income in the third quarter, swinging from a loss in the prior-year period, but it withdrew its guidance for the year, citing the impact of the United Auto Workers strike. The company also said it is pushing out $12 billion in planned investment on electric vehicles, reiterating concerns about consumer demand and pricing pressure from competitors. It plans to delay a second battery plant in the U.S., a facility in Kentucky that is a joint-venture with Korean battery-maker SK On.
Persons: Michael Swensen Organizations: United Auto Workers, Ford, General Motors, Chrysler, Korean, SK Locations: U.S, Kentucky
☆ Siemens Energy shares slide 39% after company seeks guarantees from German govt
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +4 min
The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. The weekly said Siemens Energy is seeking up to 15 billion euros in guarantees. Siemens remains an anchor investor in Siemens Energy, retaining a 25.1% stake. The government was ready to help Siemens Energy while stakeholders also will have to play their role, they said. J.P. Morgan said in a note that the energy transition will require substantially higher rates of investments, which will bring commercial opportunities for Siemens Energy and sector peers.
Persons: Chris Helgren, Siemens Gamesa, WirtschaftsWoche, Morgan, Matthias Inverardi, Christian Kraemer, Alexander Huebner, Vera Eckert, Friederike Heine, Miranda Murray, Sabine Wollrab, Rachel More, Jan Harvey, Susan Fenton Organizations: Siemens Energy, REUTERS, Companies Company, Siemens, Siemens AG, Reuters Graphics Reuters, Spiegel, European Commission, Siemens Gamesa, Thomson Locations: Vancouver , British Columbia, Canada, BERLIN, Berlin
☆ Ford, UAW Near Tentative Labor Deal to Potentially End Six-Week Strike at the Automaker
  + stars: | 2023-10-25 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
UAW union members have been striking over job security and pay as automakers push forward in developing EVs, which require fewer workers and cost more in raw materials. What does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street JournalThe United Auto Workers union is close to securing a new tentative labor contract with Ford Motor , after intense bargaining overnight and into the day Wednesday, according to people with knowledge of the talks. The UAW, now in the sixth week of its strike at the three Detroit automakers, has called for work stoppages at three Ford factories and sent more than 16,000 U.S. factory workers at the Dearborn, Mich., based car company to picket lines.
Persons: George Downs Organizations: Street, United Auto Workers, Ford Motor, UAW, Detroit automakers, Ford Locations: U.S, Mich
☆ Ford Reaches Tentative Labor Deal With UAW Six Weeks Into Historic Strike
  + stars: | 2023-10-25 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
UAW union members have been striking over job security and pay as automakers push forward in developing EV’s, which require fewer workers and cost more in raw materials. So what does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street JournalThe United Auto Workers secured a new tentative labor deal with Ford Motor Wednesday night, potentially ending a six-week strike at one automaker while negotiations continue at General Motors and Chrysler-parent Stellantis . The labor agreement, which is subject to a member vote before being ratified, contains a 25% wage increase during the span of the contract, including an 11% bump in the first year, according to Chuck Browning , the UAW’s lead bargainer with Ford. The overall increase, which will be spread out over four years, would put the top wage for assembly workers at around $40 an hour.
Persons: George Downs, Chuck Browning Organizations: Street, United Auto Workers, Ford Motor, General Motors, Chrysler, Ford
☆ UAW, Ford Expected to Announce New Tentative Labor Deal
  + stars: | 2023-10-25 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
UAW union members have been striking over job security and pay as automakers push forward in developing EVs, which require fewer workers and cost more in raw materials. What does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street Journal<br>The United Auto Workers union is expected to announce a new tentative labor contract with Ford Motor on Wednesday night, after intense bargaining throughout the day, according to people with knowledge of the talks. The UAW, now in the sixth week of its strike at the three Detroit automakers, has called for work stoppages at three Ford factories and sent more than 16,000 U.S. factory workers at the Dearborn, Mich., car company to picket lines.
Persons: George Downs Organizations: United Auto Workers, Ford Motor, UAW, Detroit automakers, Ford Locations: U.S, Mich
☆ Ford Considers Cutting Shift at F-150 Lightning Pickup Plant, UAW Memo Says
  + stars: | 2023-10-13 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/ford-considers-cutting-shift-at-f-150-lightning-pickup-plant-uaw-memo-says-91075154
Persons: Dow Jones Organizations: uaw
☆ UAW Spares Carmakers Further Strikes, but Says More Could Come
  + stars: | 2023-10-13 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-spares-stellantis-further-strikes-but-says-more-could-come-993e323c
Persons: Dow Jones Organizations: uaw
☆ UAW Strikes at Ford Pickup-Truck Plant in Kentucky
  + stars: | 2023-10-11 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-strikes-at-ford-pickup-truck-plant-in-kentucky-b0927e25
Persons: Dow Jones, b0927e25 Organizations: uaw Locations: kentucky
☆ Canadian Auto Workers Go on Strike Against General Motors
  + stars: | 2023-10-10 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/canadian-auto-workers-go-on-strike-against-general-motors-568e355e
Persons: Dow Jones
☆ 'We like to develop in Texas': Why the Lone Star State keeps building offices that remain vacant
  + stars: | 2023-10-10 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +4 min
Texas developers continue to build offices, even though office-vacancy rates are high. That's because Texas developers build too much. Even with those numbers, Eckert told the Journal that new office completions in Texas eclipsed every other market. Part of that cleansing is converting office buildings into something new , giving them a chance at a new lease on life. Overall, Eckert isn't worried about the office vacancies in Texas, as that is just one data point that doesn't tell the whole story.
Persons: —, Manny Garcia, Thomas LaSalvia, Jeff Eckert, JLL's, Houston —, Brandon Bell, Houston's, Eckert, JLL, Eckert isn't, it's Organizations: Service, Lone Star State, Wall Street, Moody's, Texas —, Houston Locations: Texas, California . Texas, Texas — Austin, Dallas, Austin , Texas, Springs, Dallas , Texas
☆ UAW Leaders Trash-Talk Carmakers—Literally
  + stars: | 2023-10-09 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-strike-leadership-power-symbol-trash-can-224f01fd
Persons: Dow Jones Organizations: uaw
☆ UAW Talks Turn to Key Battleground: Jobs at Future Battery Plants
  + stars: | 2023-10-07 | by ( Nora Eckert | Mike Colias | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-talks-turn-to-key-battleground-jobs-at-future-battery-plants-ffba7186
Persons: Dow Jones Organizations: uaw
☆ UAW Strike Enters Fourth Week, Companies Brace for More Walkouts
  + stars: | 2023-10-06 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-strike-enters-fourth-week-companies-brace-for-more-walkouts-4ad1af2d
Persons: Dow Jones Organizations: uaw
☆ UAW Forgoes Additional Walkouts For Now, Citing Progress in Talks
  + stars: | 2023-10-06 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-strike-enters-fourth-week-companies-brace-for-more-walkouts-4ad1af2d
Persons: Dow Jones Organizations: uaw
☆ Ford’s Hybrids Take Off, Pushing 3Q Sales Up 7.7%
  + stars: | 2023-10-04 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/fords-hybrids-take-off-pushing-3q-sales-up-7-7-b78aa396
Persons: Dow Jones
☆ UAW Expected to Expand Auto Strikes Friday
  + stars: | 2023-09-29 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-expected-to-expand-auto-strikes-friday-c3c0bd7e
Persons: Dow Jones, c3c0bd7e Organizations: uaw
☆ UAW Expands Strike to GM Plant in Michigan, Ford Factory in Chicago
  + stars: | 2023-09-29 | by ( Nora Eckert | Photographs Nic Antaya For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-expected-to-expand-auto-strikes-friday-c3c0bd7e
Persons: Dow Jones, c3c0bd7e Organizations: uaw
☆ Ford Pauses Construction on Politically Divisive Battery Plant
  + stars: | 2023-09-26 | by ( Nora Eckert | Andrew Duehren | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/ford-pauses-construction-on-politically-divisive-battery-plant-549a7795
Persons: Dow Jones
☆ 3 ChatGPT tips that have helped small-business owners nail their marketing copy — and still keep the 'human touch'
  + stars: | 2023-09-25 | by ( Erica Sweeney | ) www.businessinsider.com   time to read: +5 min
Over one-third of small-business owners in a survey said they'd tried ChatGPT for marketing content. The founder and CEO of Slade Copy House, a copywriting agency, believed the artificial-intelligence tool couldn't replace a human copywriter. In an Alignable survey of US small-business owners released in July, more than half of respondents said they had tried ChatGPT, and one-third said they had used it to create marketing content. Using ChatGPT successfully takes practice, and it doesn't work for every marketing task. ChatGPT can save small businesses time and marketing dollars, but it's not a magic bullet.
Persons: they'd, SBOs, —, Haley Slade, ChatGPT, Slade, Chris Winfield, Chris Eckert, Winfield, It'll, We'll, it's Organizations: Small, Service, Slade, Publicly, Super Connector Media Locations: ChatGPT
☆ Ford’s Auto Workers in Canada Back Labor Deal With 15% Wage Bump
  + stars: | 2023-09-24 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/fords-canadian-factory-workers-in-line-for-15-wage-bump-under-tentative-deal-ec2d218a
Persons: Dow Jones
☆ Ford’s Canadian Factory Workers in Line for 15% Wage Bump Under Tentative Deal
  + stars: | 2023-09-23 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/fords-canadian-factory-workers-in-line-for-15-wage-bump-under-tentative-deal-ec2d218a
Persons: Dow Jones
☆ Five Clues to Where the UAW Strike Is Headed Next
  + stars: | 2023-09-23 | by ( Christina Rogers | Nora Eckert | Ryan Felton | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-strike-labor-negotiations-5-things-323de258
Persons: Dow Jones Organizations: uaw
☆ UAW Poised to Expand Strike to More Auto Factories
  + stars: | 2023-09-22 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-poised-to-expand-strike-to-more-auto-factories-98f0a9af
Persons: Dow Jones Organizations: uaw
☆ UAW to Strike at More GM and Stellantis Sites, Will Spare Ford
  + stars: | 2023-09-22 | by ( Nora Eckert | Mike Colias | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-poised-to-expand-strike-to-more-auto-factories-98f0a9af
Persons: Dow Jones Organizations: uaw
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