General Motors said Wednesday it idled a manufacturing plant in Kansas, and laid off almost all of the approximately 2,000 people working there. The automaker said in its announcement that there is no work available…
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Business
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Olive oil prices spiked to fresh records as severe droughts in major producing countries crimp supplies — and drive up thefts in cooking oil. Global prices for olive oil surged to $8,900 per ton in September,…
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The Federal Reserve left the main U.S. interest rate unchanged Wednesday, waiting to see if its historic series of rate hikes over the last 18 months gets inflation under control. The central bank kept its…
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Shoppers are seeing shortages of some familiar household products, from cleaners like Clorox and Tilex to Burt’s Bees balms and Glad trash bags, as The Clorox Company tries to recover from a cyberattack it disclosed…
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Business
Stellantis could close 18 facilities under UAW deal — here are the full details of its latest offer
DETROIT — The most recent contract proposal by automaker Stellantis to the United Auto Workers union could lead to the closure of 18 U.S. facilities, but it could also bring new investments and repurpose an idled vehicle…
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Clorox on Monday warned of a material financial hit from ongoing production disruptions caused by a cyberattack last month. The company, which produces its namesake bleach products and Pine-Sol, among other household items, also said it…
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In a move that stunned investors and employees alike, Planet Fitness ousted company veteran Chris Rondeau from his post as CEO, the workout chain said Friday in a press release. The stock dropped 15% in the wake of…
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Striking autoworkers want to be paid more. They also want to be paid more equally. One of the top goals of the United Auto Workers, which began striking at three plants early Friday, is to…
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Many of the core issues in the labor dispute between the United Auto Workers and the Big Three U.S. automakers are familiar: salary increases, sick days and pay grades. While much of the attention has…
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Latest on the UAW strike UAW President Shawn Fain says union leaders and the Big Three automakers will resume contract negotiations Saturday, more than 24 hours after the strike began. President Joe Biden expressed support…