2024 - Page 115 of 165 - Author feast

UAW reaches agreement on pay and safety at electric vehicle battery plant

20

Jun

Business

UAW reaches agreement on pay and safety at electric vehicle battery plant

Related media - News 24 hours GM and Ultium released statements saying they were pleased with the deal. The union said it wants to use the Ultium Cells contract as a model to negotiate local deals at other battery plants that GM and its Detroit rivals are building. GM began production this year at a battery plant in Spring Hill, Tennessee, and has another under construction in Lansing, Michigan. Ford Motor plans two battery plants in Kentucky, one in Tennessee and one in Michigan. Stellantis, the maker of Chrysler, Jeep, Dodge and Ram vehicles, plans two battery plants in Indiana.…

Putin arrives in North Korea as war in Ukraine redefines ties with Kim

19

Jun

By William Lee

Putin arrives in North Korea as war in Ukraine redefines ties with Kim

More news - News 24 hours Among other things, the conflict has given Pyongyang a rare opportunity to evaluate the performance of its missiles in combat and potentially refine their design. North Korea would also welcome greater access to sophisticated Russian military technology, including its extensive knowledge of satellites. Two months after Kim's visit to Russia last year, North Korea put its first military reconnaissance satellite into orbit, a launch that South Korean officials say was aided by technological assistance from Moscow. Russia, which has the world's largest arsenal of nuclear weapons and one of the most sophisticated submarine programs,…

In North Macedonia, disputes over history extend to statues

19

Jun

By William Lee

New miscellaneous

In North Macedonia, disputes over history extend to statues

Related media - Latest news The center of Skopje, the capital of North Macedonia, a Balkan country born just 33 years ago as an independent state, is flooded with history. A statue of Alexander the Great looms over the central square. One of his fathers, Philip II of Macedon, stands on a large pedestal above a nearby square. The city is also dotted with bronze, stone and plaster tributes to generations of other heroes from what the country sees as its glorious and very long history. The problem, however, is that most of the history exposed is claimed by other…

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

19

Jun

By William Lee

Business

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

Related media - Recent news William H. Donaldson, who made an early fortune as co-founder of the innovative securities firm Donaldson, Lufkin & Jenrette and later pushed for tougher financial regulation as chairman of the Securities and Exchange Commission in the wake of the Enron and WorldCom accounting scandals , died Wednesday at his home in Westchester County, New York, at the age of 93. The cause was leukemia, his son Adam said. Mr. Donaldson also briefly served as undersecretary of state under Henry A. Kissinger, ran the New York Stock Exchange and was chief executive of the insurance company…

Rocky Wirtz, president of the Chicago Blackhawks, has died at the age of 70

19

Jun

By William Lee

Sports

Rocky Wirtz, president of the Chicago Blackhawks, has died at the age of 70

More news - Recent news Rocky Wirtz, who after taking over from his father as principal owner of the Chicago Blackhawks, won three Stanley Cup championships in the 2010s — a stellar run that lost its luster several years later after a sexual assault investigation by one of the teams of the minor league. players by a coach – died Tuesday in Evanston, Illinois. He was 70 years old. His death, in hospital, was confirmed by John Steinmiller, team spokesman. Under Mr. Wirtz's father, William, the Blackhawks, one of the National Hockey League's six original franchises, had become a downtrodden,…

Elon Musk got 72% in Tesla shareholder vote on pay

19

Jun

By William Lee

Technology

Elon Musk got 72% in Tesla shareholder vote on pay

More news - Breaking news With the pay package, Musk would own 20.5% of Tesla, up from about 13%. He has said he would like a 25% stake, stressing in January that it would be "quite influential, but not so much that it can't be overthrown." If he didn't get such a large stake, he said, "he would rather build products outside of Tesla." Even after this week's rally, Tesla shares are down more than 20% this year, compared with a 14% gain in the broader stock market. The company remains by far the most valuable auto company, with a…