California’s Power Outages Are About Wildfires—but Also Money

The red wind started to blow again this week—hot, dry gusts up to 75 miles per hour in some parts of Northern California. Usually, their arrival means wildfires are on the way, a recurring threat to life and property thanks to climate change and urban sprawl. This time was a little different, though. As the… Continue reading California’s Power Outages Are About Wildfires—but Also Money

Hong Kong Is the Latest Tripwire for Tech Firms in China

Over the past decade, China has embraced US sports and high-tech products like iPhones and Teslas, and US businesses granted access to China’s domestic market have benefited from a huge and increasingly wealthy set of consumers. For US tech companies, the ties often run deeper: They rely on China’s factories and supply chain and, increasingly,… Continue reading Hong Kong Is the Latest Tripwire for Tech Firms in China

The Queer Rights Movement Faces Down the Supreme Court

Earlier this week, under the wide steel-gray skies of Washington, DC, the streets encircling the US Supreme Court Building were animated by a rising tide of color and righteous fury. Protesters had gathered in a sea of doughy pink, electric blue, sunshine yellow, and iridescent tangerine, thousands waving signs that exclaimed “We the People Means… Continue reading The Queer Rights Movement Faces Down the Supreme Court

GM, UAW clash over how to reach deal to end lengthy strike

WASHINGTON/DETROIT (Reuters) – General Motors (GM.N) and the United Auto Workers (UAW) union clashed late Thursday over how to end a 25-day strike that has cost the company over $1 billion, according to letters seen by Reuters. FILE PHOTO: General Motors Chief Executive Officer Mary Barra announces a major investment focused on the development of… Continue reading GM, UAW clash over how to reach deal to end lengthy strike

GM urges UAW to agree to ‘around-the-clock’ bargaining

FILE PHOTO: A “UAW On Strike” sign is seen during a rally outside the shuttered General Motors Lordstown Assembly plant during the United Auto Workers national strike in Lordstown, Ohio, U.S. September 20, 2019. REUTERS/Rebecca Cook/File Photo WASHINGTON (Reuters) – General Motors Co (GM.N) late on Thursday urged the United Auto Workers union to agree… Continue reading GM urges UAW to agree to ‘around-the-clock’ bargaining

No-deal Brexit tariffs would be unsustainable for Nissan in Europe

SUNDERLAND, England, Oct 10 (Reuters) – No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker's operations include a British and Spanish plant, the Japanese firm warned on Thursday.
Nissan made nearly one in three of Britain's 1.5 million cars last year at its northern English Sunderland factory, although annual production levels at the site will drop this year.
The car industry, Britain's biggest exporter of goods, is concerned that World Trade Organisation tariffs of 10% on vehicles alongside new customs checks and delays could halt production if there is a disorderly Brexit on Oct. 31.
“That will represent a significant cost increase on our vehicles that will have to face the competition in Europe and they won't be affordable,” the firm's European Chairman Gianluca de Ficchy told reporters.
“If there will be a no-deal and a no-deal will be associated with WTO tariffs application, that won't be sustainable ..