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☆ Cruise Suspends Employee Share Program, Citing Need to Revalue Business
▼ + stars: | 2023-11-16 | by ( Mike Colias | ) www.wsj.com time to read: 1 min

General Motors’ self-driving car unit Cruise has paused its U.S. operations after California regulators called its vehicles unsafe. WSJ reporter Ryan Felton explains what this decision means for the future of autonomous vehicles and rivals like Google’s self-driving unit Waymo. Photo: Elijah Nouvelage/ReutersGeneral Motors ’ Cruise is suspending an internal program that allows employees to cash out shares in the driverless-car company, citing the need to revalue the business after a pedestrian accident led it to halt robotaxi services last month. Cruise notified employees of the decision Thursday in an email from Chief Executive Kyle Vogt , which was viewed by The Wall Street Journal. The autonomous-driving startup, majority owned by GM, told employees that the regular quarterly offer to sell shares would be canceled as it re-evaluates the program.

Persons: Ryan Felton, Elijah Nouvelage, Kyle Vogt Organizations: Motors, Reuters General Motors, Wall Street, GM Locations: California

☆ Chrysler Parent Stellantis Prepares to Offer Buyouts to U.S. Salaried Workers
▼ + stars: | 2023-11-13 | by ( Ryan Felton | Nora Eckert | ) www.wsj.com time to read: 1 min

Stellantis is expected to offer buyouts to about 6,400 white-collar workers. Photo: REBECCA COOK/REUTERSJeep maker Stellantis is preparing to offer buyouts to roughly half of its U.S. white-collar employees, as the company cuts expenses amid an expensive transition to electric vehicles and potentially higher labor costs. Stellantis Chief Operating Officer Mark Stewart said in an all-hands meeting Monday that the company planned to offer voluntary separation packages to nonunion employees with at least five years of experience, according to people familiar with the matter.

Persons: Stellantis, REBECCA COOK, Mark Stewart Organizations: REUTERS

☆ Cruise Recalls Driverless Vehicles Over Software Issue
▼ + stars: | 2023-11-08 | by ( Joseph De Avila | Ryan Felton | ) www.wsj.com time to read: 1 min

General Motors has invested heavily in Cruise, its self-driving vehicle unit. Photo: Justin Sullivan/Getty ImagesCruise, the self-driving vehicle unit of General Motors , has issued a voluntary software recall after California regulators suspended the company’s license to operate in the state following an accident that left a woman severely injured. The recall of 950 vehicles will address a software problem in the car’s response to collisions, Cruise said in a report submitted to federal regulators. Depending on the circumstances of an accident, driverless Cruise cars will either pull over out of traffic following a collision or in some cases remain stationary, it said.

Persons: Justin Sullivan, Cruise Organizations: Motors, General Motors Locations: Cruise, California

☆ The UAW’s Next Challenge: Getting Workers to Vote Yes
▼ + stars: | 2023-11-03 | by ( Nora Eckert | Ryan Felton | ) www.wsj.com time to read: 1 min

The United Auto Workers union said it reached a tentative deal with General Motors on Monday, more than six weeks after workers went on strike. The company was the last of the three Detroit automakers to reach a new tentative labor deal. Photo: Rebecca Cook/ReutersUnited Auto Workers leaders bargained for months and called a historic strike before clinching tentative agreements with Detroit’s automakers. UAW members at local chapters across the country begin voting as soon as this week on the labor pacts with Ford Motor , General Motors and Chrysler parent Stellantis . The proposed contracts, which include a 25% wage hike and a return of cost-of-living adjustments, increase pay more than several contracts over the past two decades combined.

Persons: Rebecca Cook Organizations: United Auto Workers, General Motors, Detroit, Reuters United Auto Workers, Detroit’s, UAW, Ford Motor, Chrysler

☆ Tesla Prevails in One of First Trials Over Autopilot’s Role in a Fatal Crash
▼ + stars: | 2023-10-31 | by ( Rebecca Elliott | Ryan Felton | ) www.wsj.com time to read: 1 min

Tesla’s Autopilot system is at the center of several lawsuits. Photo: fazry ismail/ShutterstockTesla has prevailed in one of the first U.S. trials over the involvement of its Autopilot system in a fatal crash. A Southern California jury on Tuesday found there wasn’t a manufacturing defect in the advanced driver-assistance system of a Tesla that veered off an interstate and hit a tree outside of Los Angeles in 2019. The driver ultimately died of injuries suffered in the crash.

Persons: fazry ismail, Shutterstock Tesla Locations: U.S, Southern California, Los Angeles

☆ GM, UAW Reach Tentative Labor Deal to End Strike
▼ + stars: | 2023-10-30 | by ( Ryan Felton | ) www.wsj.com time to read: 1 min

The UAW’s accord with GM follows tentative agreements with Ford and Stellantis and is expected to bring the union’s historic walkout that sent more than 45,000 workers to the picket lines to a close . Photo: James Breeden/ReutersGeneral Motors became the last of the Detroit automakers to reach a new tentative labor deal with the United Auto Workers union Monday to end a strike that has spanned more than six weeks, according to people familiar with the talks. This latest accord follows tentative agreements struck last week with Ford Motor and Chrysler-parent Stellantis and is expected to bring the union’s historic walkout that sent more than 45,000 workers to the picket lines at nine U.S. factories and dozens of parts-distribution centers to a close.

Persons: James Breeden Organizations: GM, Ford, Reuters General Motors, Detroit automakers, United Auto Workers, Ford Motor, Chrysler

The United Auto Workers union said it reached a tentative deal with Stellantis on Saturday, six weeks after workers went on strike. Earlier in the week, Ford also reached a tentative agreement with the UAW. Photos: Emily Elconin/Bloomberg NewsThe decision by the United Auto Workers on Saturday to call a fresh strike at General Motors as talks appeared to be nearing a conclusion was the latest in a set of unexpected moves by the union, which has used misdirection and maximized publicity to keep companies off balance. The surprise walkout at a factory in Tennessee followed several days of intensifying contract negotiations between GM and union leaders, including meetings involving GM Chief Executive Mary Barra and UAW President Shawn Fain. The escalation of the strike came as the UAW confirmed that it reached a tentative agreement with Chrysler-parent Stellantis on a new labor contract.

Persons: Stellantis, Ford, Emily Elconin, Mary Barra, Shawn Fain Organizations: United Auto Workers, UAW, Bloomberg, General Motors, GM, Chrysler Locations: Tennessee

The United Auto Workers union said it reached a tentative deal with Stellantis on Saturday, six weeks after workers went on strike. Earlier in the week, Ford also reached a tentative agreement with the UAW. Photos: Emily Elconin/Bloomberg NewsThe United Auto Workers called a fresh strike at a General Motors factory in Tennessee, a surprise walkout after negotiators had been working nearly around the clock to finalize a new contract this weekend. Workers at GM’s factory in Spring Hill, Tenn., were ordered to go on strike Saturday evening, according to people with knowledge of the union’s plans. The strike came just as the UAW confirmed that it reached a tentative agreement with Chrysler parent Stellantis on a new labor contract.

Persons: Stellantis, Ford, Emily Elconin Organizations: United Auto Workers, UAW, Bloomberg, General Motors, Workers, Chrysler Locations: Tennessee, GM’s, Spring Hill, Tenn

☆ UAW, Stellantis Reach Tentative Agreement on New Four-Year Labor Contract
▼ + stars: | 2023-10-28 | by ( Nora Eckert | Ryan Felton | ) www.wsj.com time to read: 1 min

The United Auto Workers union said it reached a tentative deal with Stellantis on Saturday, six weeks after workers went on strike. Earlier in the week, Ford also reached a tentative agreement with the UAW. Photos: Emily Elconin/Bloomberg NewsThe United Auto Workers has reached a tentative agreement with Chrysler-parent Stellantis on a new labor contract, moving the union one step closer to ending a historic strike that has dinged all three automakers and put more than 45,000 workers on the picket lines for six weeks. The UAW plans to announce the proposed contract as soon as Saturday afternoon, according to people familiar with the situation.

Persons: Stellantis, Ford, Emily Elconin Organizations: United Auto Workers, UAW, Bloomberg, Chrysler

☆ 3M Says Business Is Improving, Boosts Earnings Guidance
▼ + stars: | 2023-10-24 | by ( John Keilman | ) www.wsj.com time to read: 1 min

3M, maker of Scotch tape and other products, reported quarterly sales that beat analyst expectations. Photo: Nate Ryan for The Wall Street Journal3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance and control costs are bearing fruit. The Minnesota-based company reported adjusted earnings per share of $2.68 for the third quarter, higher than its guidance and predictions by analysts surveyed by FactSet. Adjusted sales came in at $8.02 billion, also outpacing expectations.

Persons: Nate Ryan Organizations: The Wall Street, FactSet Locations: Minnesota

☆ Cruise’s Driverless-Car Permits Suspended in California by DMV
▼ + stars: | 2023-10-24 | by ( Ryan Felton | Meghan Bobrowsky | ) www.wsj.com time to read: 1 min

Cruise has faced problems in one of its biggest markets, San Francisco, as its cars stalled and were involved in incidents. Photo: Poppy Lynch for The Wall Street JournalThe California Department of Motor Vehicles suspended Cruise’s autonomous-driving permit Tuesday, effectively halting its robot-taxi service in San Francisco. The DMV said that Cruise’s vehicles aren’t safe for public operation and the company has misrepresented information related to the safety of the technology of the vehicles. Cruise is majority-controlled by General Motors, which has invested deeply in the division and is looking to introduce a fully autonomous shuttle, called the Origin, that doesn’t have a steering wheel or manual controls.

Persons: Cruise, Poppy Lynch Organizations: The Wall Street, California Department of Motor Vehicles, DMV, General Motors Locations: San Francisco

☆ UAW Strike Pinches Automakers and Suppliers, but Spares Consumers—for Now
▼ + stars: | 2023-10-23 | by ( Sean Mclain | 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 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

☆ 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

☆ UAW Leader Cites Progress at Bargaining Table, Forgoes More Walkouts
▼ + stars: | 2023-10-20 | by ( Ryan Felton | ) www.wsj.com time to read: +1 min

Ford Motor Executive Chairman Bill Ford said the company can’t afford more UAW strikes. “It will have a major impact on the American economy and devastate local communities,” he said. Newsletter Sign-up What’s News Catch up on the headlines, understand the news and make better decisions, free in your inbox daily. Preview SubscribeUAW President Shawn Fain said during a livestream to members Friday that General Motors , Ford Motor and Chrysler-parent Stellantis have each offered 23% wage increases for factory workers over more than four years. That would amount to record contracts for those employees, but the companies still have room to sweeten their offers, he said.

Persons: Bill Ford, ”, Carlos Osorio, Shawn Fain Organizations: Ford Motor, UAW, Associated Press, United Auto Workers, Motors, Chrysler

☆ Auto-Safety Regulators Investigate Cruise’s Self-Driving Cars Over Pedestrian Risks
▼ + stars: | 2023-10-17 | by ( 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/auto-safety-regulators-investigate-cruises-self-driving-cars-over-pedestrian-risks-e888708c

Persons: Dow Jones

Keep tabs on your fantasy team by tuning in with these free Broncos vs. Chiefs live streams. You can also watch Broncos vs. Chiefs for free online via Twitch. How to watch Broncos vs. Chiefs live streams from anywhereIf you're in the US, you can watch the Broncos vs. Chiefs game exclusively on Amazon Prime Video. Watch Broncos vs. Chiefs on Thursday Night Football. Here's a list of all upcoming Thursday Night Football games for the 2023 NFL season.

Persons: Russell Wilson, Taylor, Travis Kelce, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN Organizations: Broncos, Chiefs, Denver Broncos, Kansas City Chiefs, Vikings, Amazon, Fox, Amazon Prime, Insiders, Prime, Apple, Watch Broncos, Thursday, Jaguars, Saints, Buccaneers, Bills, Titans, Steelers, Panthers, Bears, Bengals, Ravens, Football, Dolphins, Jets, Seahawks, Cowboys, Patriots, Chargers, Raiders, Rams, Browns Locations: San Francisco Bay, Denver

Ellison, the former CEO of his cryptocurrency hedge fund, said SBF believed money could win him political power. He thought "you could get very high returns for relatively small amounts of money," Ellison testified. AdvertisementAdvertisementCaroline Ellison testified in court Tuesday that her former partner Sam Bankman-Fried believed he could win himself influence by donating "small" amounts of money to politicians. Ellison said that the money donated to Biden was a small amount of money for Bankman-Fried. "He thought it was very effective, that you could get very high returns for relatively small amounts of money," she said.

Persons: Caroline Ellison, Sam Bankman, Ellison, SBF, —, Fried, Biden, he's, Ryan Salame, Salame, Ryan Organizations: Service, Prosecutors, Alameda Research, Biden, Commission, Fund, Republican, Federal Elections Commission, PAC, Congress, Bankman Locations: Bankman, FTX, Manhattan, Alameda

☆ GM Has at Least 20 Million Vehicles With Potentially Dangerous Air-Bag Parts
▼ + stars: | 2023-10-05 | by ( Ryan Felton | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ UAW’s Strike Strategy: Lots of Attention, Muted Financial Pain for Now
▼ + stars: | 2023-10-05 | by ( 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/uaws-strike-strategy-lots-of-attention-muted-financial-pain-for-now-a18aa0d9

Persons: Dow Jones

☆ UAW Strikes Spare Automakers From Financial Pain—for Now
▼ + stars: | 2023-10-05 | by ( 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/uaws-strike-strategy-lots-of-attention-muted-financial-pain-for-now-a18aa0d9

Persons: Dow Jones

CHICAGO (AP) — Former Northwestern University football coach Pat Fitzgerald is suing the school for $130 million, saying his alma mater wrongfully fired him in the wake of a hazing and abuse scandal that has engulfed the athletic department. Attorney Webb said that Fitzgerald would also be seeking additional money for “infliction of emotional distress,” future lost income and punitive damages. The $130 million includes $68 million remaining in owed salary plus $62 million in future lost income, Webb added. “If there was ever a coach at Northwestern University who should have not been terminated, it’s Coach Fitzgerald," Webb said. Baseball coach Jim Foster was fired July 13 amid allegations of a toxic culture that included bullying and abusive behavior.

Persons: Pat Fitzgerald, Dan K, Webb, Matthew R, Carter, Fitzgerald, Michael Schill, Maggie Hickey, ArentFox Schiff, Schill, Jim Foster, David Braun, Loretta Lynch, Derrick Gragg, Ryan Organizations: CHICAGO, — Former Northwestern University, Cook County Circuit Court, Northwestern University, it’s, Daily Northwestern, Northwestern, Baseball, Big, Wildcats, Big Ten, Fitzgerald's, AP Locations: Chicago, Cook County

☆ How Stellantis and Its Not-So-Detroit CEO Are Taking On the UAW
▼ + stars: | 2023-10-01 | by ( 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/stellantis-negotiations-carlos-tavares-uaw-strike-a0f42954

Persons: Dow Jones, carlos Organizations: uaw

Keep tabs on your fantasy team by tuning in with these free Lions vs. Packers live streams. You can also watch Lions vs. Packers for free online via Twitch. How to watch Lions vs. Packers live streams from anywhereIf you're in the US, you can watch the Packers vs. Lions game exclusively on Amazon Prime Video. Watch Packers vs. Lions on Thursday Night Football. Here's a list of all upcoming Thursday Night Football games for the 2023 NFL season.

Persons: Aaron Rodgers, Jordan Love, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN Organizations: Lions, Packers, Green Bay Packers, Chicago, NFC, Amazon, Fox, Amazon Prime, Insiders, Prime, Apple, Watch Packers, Broncos, Chiefs, Jaguars, Saints, Buccaneers, Bills, Titans, Steelers, Panthers, Bears, Bengals, Ravens, Football, Dolphins, Jets, Seahawks, Cowboys, Patriots, Chargers, Raiders, Rams, Browns Locations: Southeast Wisconsin, Detroit

☆ UAW Threatens More Strikes as GM, Stellantis Try to Keep Repair Parts Flowing
▼ + stars: | 2023-09-27 | by ( Ryan Felton | 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/gm-stellantis-scramble-to-keep-repair-parts-flowing-amid-uaw-strike-b9414119

Persons: Dow Jones Organizations: uaw

☆ MLB roundup: Brewers clinch NL Central despite loss to Cards
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +10 min

Brewers starter Adrian Houser (7-5) allowed four runs on three hits in five innings, striking out five and walking two. Aaron Nola pitched 6 2/3 innings and allowed four hits and one run with eight strikeouts and no walks. Red Sox starter Tanner Houck (5-10) allowed seven runs (six earned) on 10 hits over three innings. White Sox starter Jose Urena (0-7) allowed seven runs (four earned) and four hits in four innings. Los Angeles starter Bobby Miller (11-4) allowed two runs on seven hits and no walks while striking out nine in seven innings.

Persons: Miles Mikolas, Michael McLoone, Drew VerHagen, Ryan Helsley, Adrian Houser, Carlos Santana, Johan Rojas, Rojas, Brandon Marsh, Aaron Nola, Jeff Hoffman, Henry Davis, Bryan Reynolds, Mitch Keller, Matt Wallner, Alex Kirilloff, Donovan Solano, Christian Vazquez, Seth Brown, Connie Mack, Nolan Jones, Brendan Rodgers, Chase Anderson, Tyler Kinley, Jason Heyward, Caleb Ferguson, Elly De La Cruz, De La Cruz, Christian Encarnacion, Strand, TJ Friedl, Spencer Steer, Cleveland's Bo Naylor, Kole Calhoun, Andres Gimenez, Gunnar Henderson, Kyle Bradish, Yennier Cano, Josiah Gray, Keibert Ruiz, Luis Garcia, Akil Baddoo, Parker Meadows, Spencer Torkelson, Jason Foley, Salvador Perez, Nick Pratto, Nick Loftin, Zack Greinke, Austin Wells, Clay Holmes, Jordan Romano, Kevin Gausman, Manuel Margot, Rene Pinto, Zach Eflin, Enmanuel Valdez, Harold Ramirez's, Jonathan Aranda, Valdez, Tanner Houck, Seiya Suzuki, Sean Murphy, Suzuki, Matt Olson, Drew Smyly, Brad Hand, Raisel Iglesias, Christian Walker, Ketel Marte, Marte, Eloy Jimenez, Andrew Benintendi, Andrew Vaughn, White, Jose Urena, Freddie Freeman, James Outman, Max Muncy, Enrique Hernandez, Bobby Miller, Elehuris Montero, Charlie Blackmon, Ryan Feltner, Brandon Drury, Reid Detmers, Michael Stefanic, Eduardo Escobar, Corey Seager, Bruce Bochy, George Kirby, Ty France, Cal, Cristian Javier, Juan Soto, Seth Lugo, Lugo, Josh Hader, Wilmer Flores, John Brebbia, Soto's, Soto, Ryan Walker Organizations: Louis Cardinals, Milwaukee Brewers, Milwaukee, Brewers, National League Central, Chicago Cubs, Atlanta, Cards, Phillies, Pirates, Philadelphia, Pittsburgh, Athletics, Minnesota, Oakland, American League Central Division, Twins, Philadelphia Athletics, Rockies, Dodgers, Colorado, Los Angeles, Reds, Cincinnati, Orioles, Baltimore, AL East, Nationals, Washington, Tigers, Royals, Detroit, Kansas, Royals . Kansas City, Yankees, Blue Jays, New York, Toronto, Rays, Red Sox, Tampa Bay, Boston, The Rays, Boston . Red Sox, Braves, Cubs, Chicago, NL, Miami Marlins, New York Mets, Diamondbacks, White Sox, Arizona, Angeles, Los, The Dodgers, Rangers, Detmers, Mariners, Astros, Seattle, Houston, Kirby, Padres, Giants, Thomson Locations: Milwaukee , Wisconsin, USA, Milwaukee, Minneapolis, Oakland, Los, Denver, Cleveland, Washington, Chicago . Arizona, Colorado, Los Angeles, Angeles, Texas, Anaheim , Calif, Houston, Cal Raleigh, France, Diego, San Francisco

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