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November 21, 2019
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GM sues Fiat Chrysler alleging bribery scheme in union negotiations

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General Motors filed a federal racketeering lawsuit against Fiat Chrysler and its former executives on Wednesday, accusing the automaker of bribing United Auto Workers officials to receive more favorable terms in labor negotiations. Source link: Click here for more
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United Auto Workers union approves new labor deal with Ford

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The deal requires Ford to invest more than $6 billion in its U.S. manufacturing operations and create or retain 8,500 U.S. jobs, while also allowing the automaker to close an engine plant in Michigan. Source link: Click here for more
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Ford bets on Mustang’s reputation with Mexico-made Mach-E SUV

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Ford is betting the Mustang name will resonate with consumers and assist the Mach-E, which will be produced in Mexico, in standing out from other EVs. It’s a bold decision that could dilute the Mustang name and create political backlash. Source link: Click here for more
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Rapper Chamillionaire launches $100,000 competition for minority start-ups

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To bring more awareness to a demographic of startup companies that have been historically underrepresented in the investment world, Chamillionaire, E40, and Republic.co, will be investing $100,000 in a minority or woman founded startup company. Source link: Click here for more
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Review: The 2020 Chevy Silverado HD is a decent truck, but Ford and Ram have it beat

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If you’ve always been a Chevy person and want a new truck, take solace in the fact that the new Silverados are markedly better than their predecessors in almost every way. But for everyone else, it’s a tough sell. Source link: Click here for more
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Xi Jinping set to speak at expo as China promotes itself as an importer amid trade war

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Chinese President Xi Jinping was set to speak Tuesday at the opening ceremony of the second China International Import Expo in Shanghai. Source link: Click here for more
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Lawmakers are pushing for Boeing’s CEO to resign over Max crashes but Wall Street says not so fast

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Lawmakers and family members pressed Boeing’s CEO to resign after two fatal crashes, but Muilenburg has so far resisted calls to step down. Source link: Click here for more
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UAW leaders approve Ford labor deal, send it to rank-and-file union members for final vote

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Ford would put more than $6 billion into new investments, create or retain 8,500 U.S. jobs and give $9,000 ratification bonuses to full-time workers. Source link: Click here for more
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Stocks surge on strong jobs report—here’s what top economists are saying

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Stocks jumped on a stronger-than-expected jobs report, and experts are largely taking the upside surprise as a positive sign. Source link: Click here for more
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New Ford deal with UAW includes $6 billion in investments, thousands of jobs

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Ford’s talks with the union were expected to be less contentious than GM’s, which included a 40-day strike that ended Friday and cost the automaker billions. Source link: Click here for more
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Alphabet earnings reaction, housing data: 3 things to watch in Tuesday’s markets

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We’ll get Wall Street’s reaction to Alphabet earnings, earnings from General Motors and Mastercard and a slew of economic data on Tuesday. Source link: Click here for more
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Review: The 2019 Rolls-Royce Dawn Black Badge feels like nothing else on the road

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From an individualistic design approach to the world’s most relaxing driving experience, a Rolls-Royce feels remarkably different from any other luxury vehicle in the world. Source link: Click here for more
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UAW takes its fight to Ford and Fiat Chrysler after deal with GM

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The GM deal will serve as a “pattern” for negotiations with Ford Motor and Fiat Chrysler, however there are no guarantees that the wins from the talks with GM will carry over to its crosstown rivals. Source link: Click here for more
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UAW members approve new labor contract with GM, ending 40-day strike, sources say

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Some of the UAW’s 48,000 members are expected to return to work as early as Saturday, showing GM is wasting no time in recouping lost production from the work stoppage. Source link: Click here for more
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The Fed and Apple earnings will make or break market’s return to record highs in the week ahead

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Stock prices are bumping up against their highs, but whether they can burst through and hold gains depends on the Fed. Source link: Click here for more

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