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 — Union members at Ford Motor approved a tentative agreement Friday, concluding contentious contract negotiations between the United Auto Workers and Detroit automakers. UAW-Ford workers were the… Continue reading Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers
Tag: Strategy
UAW members ratify new contract with Chrysler owner Stellantis
United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between… Continue reading UAW members ratify new contract with Chrysler owner Stellantis
Volvo shares tumble 14% to record low as Chinese owner Geely sells off stock
Volvo vehicles seen outside a Volvo dealership in Edmonton, on October 26, 2023, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Volvo Cars shares tumbled as much as 14% on Friday morning after its parent company Zhejiang Geely Holding Group began a sale of around 100 million shares of the Swedish carmaker. Shares… Continue reading Volvo shares tumble 14% to record low as Chinese owner Geely sells off stock
AI to See “Major Second Wave,” NVIDIA CEO Says in Fireside Chat With iliad Group Exec
European startups will get a massive boost from a new generation of AI infrastructure, NVIDIA founder and CEO Jensen Huang said Friday in a fireside chat with iliad Group Deputy CEO Aude Durand — and it’s coming just in time. “We’re now seeing a major second wave,” Huang said of the state of AI during… Continue reading AI to See “Major Second Wave,” NVIDIA CEO Says in Fireside Chat With iliad Group Exec
MG Properties Acquires NOVO Broadway Apartments in Tempe for $100.25M
SAN DIEGO, Nov. 17, 2023 /PRNewswire/ — MG Properties, a leading real estate investment and management firm, announced today its $100.25M acquisition of NOVO Broadway Apartments (formerly known as Parc Broadway), a residential community located in Tempe, Arizona recently completed by Evergreen Devco, Inc.. Continue Reading MG Properties Acquires NOVO Broadway Apartments in Tempe for… Continue reading MG Properties Acquires NOVO Broadway Apartments in Tempe for $100.25M
ProfNet Expert Alerts for November 17, 2023 Also in This Edition: Media Industry News
NEW YORK, Nov. 17, 2023 /PRNewswire/ — Below are experts from the ProfNet network who are available to discuss timely issues in your coverage area. EXPERT ALERTS Heart Health Anti-Tobacco Campaigns Artificial Intelligence Thriving Classrooms Seasonal Depression Sex-Based Differences in Nicotine Addiction Machine Learning in Clinical Trials Psychedelic Treatment for Depression COVID-19 Vaccines Tick Research… Continue reading ProfNet Expert Alerts for November 17, 2023 Also in This Edition: Media Industry News
SMMT statement on £4.5bn investment in UK strategic manufacturing
17 November 2023 #SMMT News #UK Manufacturing Mike Hawes, SMMT Chief Executive, said, Today’s announcement is an unequivocal vote of confidence in the UK’s critical automotive industry. Coming on the back of almost £20 billion committed by the sector in next generation plants and technologies this year alone, it is indicative of the scale of… Continue reading SMMT statement on £4.5bn investment in UK strategic manufacturing
@Fisker: Fisker’s New Distribution Strategy Increases Sales and Deliveries to Over 100 Vehicles Per Day000174
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that it delivered 107 vehicles on Thursday, Nov. 16. The company achieved this milestone by executing a new distribution strategy. This one-day total of deliveries equates to revenue of over $7.5 million.… Continue reading @Fisker: Fisker’s New Distribution Strategy Increases Sales and Deliveries to Over 100 Vehicles Per Day000174
@Fisker: Fisker’s New Distribution Strategy Increases Sales and Deliveries to Over 100 Vehicles Per Day000174
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that it delivered 107 vehicles on Thursday, Nov. 16. The company achieved this milestone by executing a new distribution strategy. This one-day total of deliveries equates to revenue of over $7.5 million.… Continue reading @Fisker: Fisker’s New Distribution Strategy Increases Sales and Deliveries to Over 100 Vehicles Per Day000174
Omni Logistics Board of Directors Issues Letter to Forward Air Shareholders
Highlights Powerful Strategic Rationale for Combined Company, Shared Interests with Forward Air Shareholders, and Highly Compelling Value Creation Opportunity DALLAS, Nov. 17, 2023 /PRNewswire/ — The Board of Directors of Omni Logistics (“Omni”), a technology-driven provider of global multimodal logistics solutions and specialized services, today issued a public letter to shareholders of Forward Air Corporation (NASDAQ:… Continue reading Omni Logistics Board of Directors Issues Letter to Forward Air Shareholders