financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT — The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley said during a press …
Ford CEO Farley says UAW is holding up talks over EV battery plants Read More »
Former U.S. President Donald Trump speaks at a campaign rally at Drake Enterprises, an automotive parts manufacturer, on September 27, 2023 in Clinton Township, Michigan. Scott Olson | Getty Images Donald Trump plans to attend his New York civil fraud trial next week, and on Friday blasted the case as he asked supporters to donate …
Trump plans to attend New York fraud trial, seeks campaign cash Read More »
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman said Friday that U.S. regulators have approved his unique special purpose acquisition company structure, and he’s ready to hunt for a deal. Investors in Ackman’s unfruitful SPAC, known as …
Bill Ackman’s ‘SPARC’ gets OK from the SEC and he’s ready for a deal: ‘please call me’ Read More »
Republican poll watcher Scott Hall is shown in a police booking mugshot released by the Fulton County Sheriff’s Office, after a grand jury brought back indictments against former U.S. President Donald Trump and 18 of his allies in their attempt to overturn the state’s 2020 election results in Atlanta, Georgia, August 22, 2023. Fulton County …
Trump Georgia election case defendant pleads guilty Read More »
A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters A federal judge on Friday declined to block the Biden administration from implementing Medicare drug price negotiations, upholding for now a controversial process that aims to make costly medications …
JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York. Fred Prouser | Reuters JetBlue Airways said it will raise flight attendant pay next year and provide other bonuses to staff while the union representing cabin crews agreed to support the carrier’s plan to acquire budget carrier Spirit …
JetBlue raises flight attendant pay, union backs Spirit merger Read More »
Tim Robberts | Digitalvision | Getty Images When it comes to money, women tend to think of themselves as savers rather than investors. Having that perspective can affect women’s ability to grow wealth over time. “The biggest risk to women’s portfolios is that we don’t take enough risk,” said Nancy Tengler, CEO and chief investment …
Women tend to be better investors than men, but avoid taking risk: CEO Read More »
Sopa Images | Lightrocket | Getty Images Authorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund Three Arrows Capital, who was apparently attempting to flee Singapore. Liquidators handling the bankruptcy estate of the collapsed fund, known as 3AC, said in a statement on Friday that Zhu was apprehended at Changi …
Fugitive founder of 3AC crypto hedge fund arrested in Singapore Read More »
Lorenzo Di Cola | Nurphoto | Getty Images The Supreme Court on Friday said it will decide whether it’s constitutional for Texas and Florida to prevent social media companies from banning users over potentially harmful rhetoric. The states have both passed legislation that many Republican lawmakers say will stop tech companies including Facebook parent Meta; …
Supreme Court to hear Texas and Florida social media cases Read More »
DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. The additional strikes will target Ford’s Chicago Assembly in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing Delta Township plant …
UAW announces new strikes at GM and Ford plants, sparing Stellantis Read More »