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UAW Launches Organizing Drive, Targets Tesla and Toyota
  + stars: | 2023-11-29 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
UAW union members were 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 it all mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street JournalThe United Auto Workers formally launched one of the largest organizing drives in its history with campaigns at 13 automakers, in an effort to leverage record gains from its recent labor deals in Detroit. The UAW plans to target nearly 150,000 workers at U.S. factories owned by large foreign automakers including Toyota Motor and Volkswagen , as well as newer electric-vehicle manufacturers such as Tesla and Rivian Automotive, the union said Wednesday.
Persons: George Downs Organizations: Street, United Auto Workers, UAW, Toyota Motor, Volkswagen, Rivian Automotive Locations: Detroit
“This study adds to a growing pool of evidence suggesting a link between UPFs (ultraprocessed foods) and cancer risk,” said Dr. Helen Croker, assistant director of research and policy at World Cancer Research Fund International, which funded the study, in a statement. Ultraprocessed foods are often calorie-dense and are considered to be a driver of excess weight, experts say. An unusual linkOddly, the study also found a link between ultraprocessed food and accidental deaths, which was being used as a control for the study. A growing associationThis is not the first study to find a link between ultraprocessed food and cancer. In that study, eating more ultraprocessed animal products and sweetened beverages explained a good part of the association.
Persons: , Helen Croker, Ingre, UPFs, ” Huybrechts, David Katz, Katz, ” Katz, “ UPFs, George Davey Smith, Organizations: CNN, Cancer Research Fund, Metabolism, International Agency for Research, Cancer, Food and Agriculture Organization, United Nations, European, of Nutrition, Investigation, Cancer and Nutrition, EPIC, US Centers for Disease Control, BMI, True Health Initiative, University of Bristol Locations: United States, UPFs, Europe, United Kingdom
NBA roundup: Luka Doncic, Mavs overwhelm Clippers
  + stars: | 2023-11-11 | by ( ) www.reuters.com   time to read: +6 min
This was the Clippers' first in-season tournament game, while the Mavericks improved to 1-1. Tyrese Maxey racked up 29 points, 11 assists, six rebounds and four steals for Philadelphia, which has won seven straight games. Rockets 104, Pelicans 101Fred VanVleet drilled two late 3-pointers as Houston rallied from a 10-point, fourth-quarter deficit to defeat visiting New Orleans in an NBA in-season tournament game. Jayson Tatum had 23 points and 10 rebounds for the Celtics, who were playing in their first in-season tournament game. Anthony Edwards added 28 points for the Timberwolves, with Rudy Gobert racking up 11 points and 10 rebounds, Mike Conley scoring 11 points and Jaden McDaniels hitting for 10.
Persons: Luka Doncic, Dwight Powell, Kevin Jairaj, Kyrie Irving, Tim Hardaway Jr, Derrick Jones Jr, Kawhi Leonard, Joel Embiid, Embiid, Tyrese Maxey, Killian Hayes, Duren, Fred VanVleet, VanVleet, Brandon Ingram, Ingram, Zion Williamson, CJ McCollum, Herb Jones, Jordan Clarkson, Lauri Markkanen, John Collins, Keyonte George, Desmond Bane, Bismack Biyombo, Jaylen Brown, Jayson Tatum, Boston's Jrue Holiday, Lonnie Walker IV, Trendon, Dennis Smith Jr, Karl, Anthony Towns, phenom Victor Wembanyama, Anthony Edwards, Rudy Gobert, Mike Conley, Jaden McDaniels, LeBron James, D'Angelo Russell, Anthony Davis, Cam Reddish, Austin Reaves, Kevin Durant, Bradley Beal, Devin Booker, Mark Williams, Charlotte, Gordon Hayward, LaMelo Ball, Kevin Huerter, Keegan Murray, Domantas Sabonis, Murray, Malik Monk, Shai Gilgeous, Alexander Organizations: Dallas Mavericks, LA Clippers, American Airlines Center, Los Angeles Clippers, NBA, Dallas, The Mavericks, Clippers, Mavericks, West Group B, 76ers, Pistons, Philadelphia, Detroit, Rockets, Pelicans, Houston, New, Jazz, Grizzlies, Memphis, Celtics, Nets, Boston, Brooklyn, Trendon Watford, Timberwolves, Spurs, Minnesota, Lakers, Suns, Phoenix, Wizards, Washington, Hornets, Charlotte, East Group, Thunder, Sacramento, Oklahoma City, Kings, Group, Thomson Locations: Dallas , Texas, USA, Detroit, New Orleans, Utah, Minnesota, San Antonio, Los Angeles, Washington
Low-cost airlines such as Norse Atlantic Airways and French Bee are advertising cheap trans-Atlantic flights, but with the summer season ending and international demand set to drop, will their low fare, low-margin approach withstand the winter? Illustration: George Downs/The Wall Street JournalThe new hot section on the plane isn’t at the very front. Not quite business class and definitely not coach, premium-economy cabins are hooking travelers willing to treat themselves to extra comfort for about double the price of a coach seat on some flights.
Persons: George Downs Organizations: Atlantic Airways, Street
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
General Motors Finds Itself in a Jam
  + stars: | 2023-10-25 | by ( Stephen Wilmot | ) 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 JournalGeneral Motors is still churning out healthy profit—just not on the electric vehicles or potentially autonomous ones that investors care most about. GM’s third-quarter results on Tuesday came in better than expected. Net income of roughly $3.1 billion was down 7% from a very strong quarter last year, but higher than the $2.5 billion consensus that analysts had penciled in, according to FactSet.
Persons: George Downs Organizations: Street, Motors
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
GM Scales Back EV Plans as Buyers Hesitate
  + stars: | 2023-10-24 | by ( Mike Colias | ) 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. So what does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street JournalGeneral Motors is abandoning a self-imposed target to build 400,000 electric vehicles by mid-2024, the latest sign that automakers are concerned about the viability of the market for battery-powered cars. The Detroit automaker walked back the goal while reporting a healthy third-quarter profit, despite the hit from the continuing United Auto Workers strike. The walkout, which began in mid-September, is now costing GM about $200 million a week in profit.
Persons: George Downs Organizations: Street, Motors, Detroit, United Auto Workers, GM
GM Scraps EV Target, Posts Strong Third-Quarter Profit
  + stars: | 2023-10-24 | by ( Mike Colias | ) 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 JournalGeneral Motors is abandoning a self-imposed target to build 400,000 electric vehicles by mid-2024, the latest sign that automakers are concerned about the viability of the market for battery-powered cars. The Detroit automaker walked back the goal while reporting a healthy third-quarter profit, despite the hit from the continuing United Auto Workers strike. The walkout, which began in mid-September, is now costing GM about $200 million a week in profit.
Persons: George Downs Organizations: Street, Motors, Detroit, United Auto Workers, GM
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 expanded its strike against Detroit’s automakers with a walkout at one of General Motors ’ largest and most profitable factories, marking the second straight day of escalation by the union. About 5,000 unionized workers walked out of GM’s Arlington, Texas, assembly plant Tuesday morning, the union said. The plant makes several large sport-utility vehicles, including the Chevrolet Suburban and Tahoe, GMC Yukon and Cadillac Escalade, which are GM’s highest-profit-margin vehicles globally.
Persons: George Downs Organizations: Street, United Auto Workers, Detroit’s, General Motors, Chevrolet, Tahoe, GMC Yukon, Cadillac Locations: GM’s Arlington , Texas
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 JournalSix weeks into United Auto Workers’ strike, the impacts of the work stoppages are rippling through the car business, causing pain for the automakers themselves, as well as parts makers and factory workers. One corner of the industry that has been largely spared: dealerships and consumers, due in part to an inventory buildup of both cars and parts before the strikes.
Persons: George Downs Organizations: Street, United Auto Workers
The rise of SpaceX as the dominant force for U.S. rocket launches has meant that NASA’s role is now evolving. To find out what this means for the future of the space agency, WSJ’s George Downs sat down with NASA Deputy Administrator Pam Melroy. Photo Illustration: George DownsPARIS—SpaceX has signed a deal to launch up to four of Europe’s flagship navigation satellites into orbit, reinforcing the Elon Musk-led company’s growing foothold in the region as local rivals struggle to get rockets off the ground. SpaceX and the European Space Agency recently signed an agreement for two launches next year, each carrying two Galileo satellites, said Javier Benedicto, the agency’s director of navigation. The European Commission, the European Union’s executive arm, along with EU member states, must still give final approval for the deal.
Persons: George Downs, Pam Melroy, George, Javier Benedicto Organizations: SpaceX, U.S ., George Downs, Elon, European Space Agency, European Commission Locations: U.S
UAW Strike Expands to Stellantis’s Largest U.S. Factory
  + stars: | 2023-10-23 | by ( Ryan Felton | ) 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 on Monday expanded its continuing strike against Detroit’s car companies by shutting down a pickup-truck plant, a surprise action that hit Chrysler-parent Stellantis ’s largest U.S. factory. The 6,800-worker plant, located in Sterling Heights, Mich., in suburban Detroit, makes the Ram 1500 pickup truck, among the automaker’s most profitable vehicles. The walkout brings the total number of UAW-represented on strike at the Detroit automakers, including Ford Motor and General Motors , to more than 40,000, the UAW said.
Persons: George Downs Organizations: Street, United Auto Workers, Chrysler, U.S ., UAW, Detroit, Ford Motor, General Motors Locations: Sterling Heights, Mich, Detroit
Tesla Hits the Brakes on EVs, but Not on AI
  + stars: | 2023-10-19 | by ( Stephen Wilmot | ) 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 JournalAfter years of growing at breakneck speed, Tesla seems to be slowing down. This is sensible, but investors haven’t bestowed a $867 billion market value on the company because they like common sense. And he bemoaned the impact of higher interest rates on vehicle affordability, which implies that Tesla is struggling to shift inventories despite this year’s price cuts.
Persons: George Downs, Tesla, haven’t, Elon Musk
Tesla Is Hitting the Brakes on Everything but AI
  + stars: | 2023-10-19 | by ( Stephen Wilmot | ) 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 JournalAfter years of growing at breakneck speed, Tesla seems to be slowing down. This is sensible, but investors haven’t bestowed a $867 billion market value on the company because they like common sense. And he bemoaned the impact of higher interest rates on vehicle affordability, which implies that Tesla is struggling to shift inventories despite this year’s price cuts.
Persons: George Downs, Tesla, haven’t, Elon Musk
How Goldman Sachs Fumbled Its Consumer Business
  + stars: | 2023-10-16 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
While Missiles Fly, Flights Land: How Israel’s Airport Stays Open Despite being so close to a war zone, Israel's Ben Gurion Airport remains open. WSJ’s George Downs speaks with experts about the risks and explores the tactics Israel is deploying to continue to allow planes to take off and land in the country. Photo Composite: George Downs/ The Wall Street Journal
Persons: Israel's Ben, George Downs Organizations: Street Locations: Israel's Ben Gurion, Israel
How Jordan and Scalise Offer Different Paths for House Republicans Ohio’s Jim Jordan and Louisiana’s Steve Scalise are vying to be the next Speaker of the House. WSJ explains how the two became the frontrunners and how they’re pitching themselves to House Republicans. Illustration: Madeline Marshall
Persons: Jordan, House Republicans Ohio’s Jim Jordan, Steve Scalise, Madeline Marshall Organizations: House Republicans
Despite being close to a war zone, Israel's Ben Gurion Airport remains open. WSJ’s George Downs speaks with experts about the risks and explores the tactics Israel is using to continue to allow planes to take off and land in the country. Photo composite: George Downs/The Wall Street Journal
Persons: Israel's Ben, George Downs Organizations: Street Locations: Israel's Ben Gurion, Israel
High UAW Wages Shrink Detroit’s Room to Maneuver
  + stars: | 2023-10-11 | by ( Stephen Wilmot | ) 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 JournalEven before the raise they are striking for, Detroit’s unionized auto workers are probably the best paid in the world after factoring in benefits such as healthcare. Their employers can afford it for now, but high labor costs box them in strategically.
Persons: George Downs
How America’s EV Ambitions Could Affect the Future of the UAWUAW 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 Journal
Persons: George Downs Organizations: UAW UAW, Street
Rep. Steve Scalise Wins GOP Nomination for Speaker
  + stars: | 2023-10-11 | by ( ) www.wsj.com   time to read: 1 min
How America’s EV Ambitions Could Affect the Future of the UAWUAW 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 Journal
Persons: George Downs Organizations: UAW UAW, Street
How America’s EV Ambitions Could Affect the Future of the UAWUAW 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 Journal
Persons: George Downs Organizations: UAW UAW, Street
Why Cities Like New York Are Adopting Congestion Tolls New Yorkers lose an average of 117 hours a year in traffic according to the MTA. Now, New York City is turning to congestion tolls to help unclog its roads. WSJ’s George Downs explores if these tolls actually reduce traffic and whether other U.S. cities will adopt them. Illustration: George Downs/The Wall Street Journal
Persons: George Downs Organizations: MTA, Street Locations: New, , New York City
Biden Condemns Hamas Attack on Israel, Pledges Support
  + stars: | 2023-10-10 | by ( ) www.wsj.com   time to read: 1 min
How America’s EV Ambitions Could Affect the Future of the UAWUAW 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 Journal
Persons: George Downs Organizations: UAW UAW, Street
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