The federal CHIPS Act signed into law by President Joe Biden in August 2022 is offering $52 billion in federal subsidies to boost America’s semiconductor industry. The goal is to reduce U.S.…
Americans will buy more than one million electric vehicles this year. Prices for battery-powered SUVs, trucks, and sedans has declined nearly 22%, to $51,000, according to Cox Automotive. U.S. EV sales topped…
Over a month has passed since the United Auto Workers labor union went on strike. Demanding higher pay, better benefits, and stronger job protections, thousands of auto industry workers have halted production…
Look for earnings reports from General Electric, General Motors, NextEra Energy Tuesday morning. Here is what analysts expect.
Two new strikes against U.S. and Canadian auto plants began on Monday. Did anyone notice?
UAW President Shawn Fain announced Friday that 7,000 union members would walk off their jobs at a one Ford and one GM assembly plant, bringing the total number of striking workers to…
The UAW's next move, an alternative bid for the PGA Tour, Disney refocuses, and more Friday morning headlines.
President Biden is visiting a UAW picket line in Michigan Tuesday, a first for a sitting U.S. president.
Disney may be looking to sell its linear TV channels, Arm's IPO investors should be wildly happy Friday morning, and the UAW walks out of three auto plants, one owned by each…
Thursday's top analyst upgrades and downgrades included American Airlines, Apple, Conagra Brands, Fortinet, Mondelez, Oracle, Rivian Automotive, Sealed Air, Take-Two Interactive Software, Tapestry and Tesla.
Contract negotiations between the Detroit Three and the United Autoworkers are not going smoothly with just two weeks to go before the current contract expires. Tesla and Chinese EV makers are also…
A Vietnam-based EV maker roared out of the gate after its IPO, and OpenAI's ChatGPT is not very smart when it comes to simple math.
After markets close Monday afternoon, these three firms will be reporting quarterly earnings.
The futures are positive after a strong risk-on Wednesday that saw all of the major indices close higher. The tailwind for stocks was provided by the June consumer-price-index numbers that saw inflation…
EV maker Fisker pulled most EV makers along in its wake Monday. There was one big exception, though.
