General Motors and Stellantis announced fresh layoffs Wednesday that they blamed on damage from the United Auto Workers strike, and the labor standoff grew more tense just two days before the union was expected to call for new walkouts. Stellantis provided a glimmer of hope for a breakthrough ...
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign it’s moderating its fight against inflation as price pressures have eased. The Fed’s policymakers also signaled that they expect to raise ...
IRON MOUNTAIN — The Iron Mountain Downtown Development Authority will host a pre-game for its upcoming Oktoberfest on Thursday. The Third Thursday, sponsored by Linnea & Kristine, will again kick off with shopping and dining at 20 of the downtown businesses that have extended hours. ...
IRON MOUNTAIN — Dickinson Area Economic Development Alliance on Thursday will host a fall update on the progress of the Alliance Task Force groups and other initiatives. This update is for Alliance investors and anyone interested in learning more. It will take place at Bay College West ...
The United Auto Workers and Detroit’s Big Three carmakers resumed talks aimed at ending a strike now in its fourth day, and under the threat that the walkout could soon spread. Stellantis said it resumed negotiations with the union Monday and described the talks as “constructive.” A ...
NEW YORK (AP) — It’s been a central argument for the United Auto Workers union: If Detroit’s three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6% pay ...