Ford shareholders reject stock proposal Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
For some Detroit services, call the D.I.Y. Dept. Detroit may be broke but it will soon have a first-rate motor pool, featuring 23 new ambulances and a fleet of 100 new police cars. Some city parks also are getting tender loving care. New fruit trees and shrubs have been planted, and mowing crews are beginning to make the rounds to keep the green spaces tidy. More
AP Source: Fiat mulls IPO after buying Chrysler The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More
GM says Chevy Spark EV can go 82 miles per charge General Motors says the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles on a single charge, putting it among the leaders in mass-market electric vehicles sold in the U.S.... More
U. S. automakers are on track to introduce 15 new EV models in 2025.
Even though sales of electric vehicles aren’t growing as fast as in past years and President-elect Donald Trump may ditch tax credits for EV buyers, automakers are moving ahead with new models that should appeal to mainstream buyers.
High on the priority list for attendants is being paid for hours worked, not just when the aircraft is in motion.
Alaska Airlines flight attendant Rebecca Owens works 10 hours a day but only gets paid for half that time—a legacy of a common U. S. airline policy to pay cabin crew members only when planes are in motion.
One of the first of its kind, the settlement also mandates that SafeRent Solutions make adjustments to its screening products.
Mary Louis’s excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her tenancy.
The retail has chain filed a fifth notice of additional closures as part of its Chapter 11 process, with stores impacted in California, Texas, Florida, and elsewhere.
Big Lots is closing an additional 19 locations, adding to hundreds of stores that it has shuttered as part of its Chapter 11 bankruptcy process.
Fewer rate cuts would likely mean continued high mortgage rates.
Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. In September, its officials predicted that they would reduce their benchmark rate four times next year, on top of three rate cuts this year.
U. S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.
The proposed breakup floated in a 23-page document filed late Wednesday by the U.