Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
US Regulators Weigh Penalizing Bankrupt Crypto Lender Voyager’s Ex-CEO
Investigators at a key US regulator have concluded that the co-founder of Voyager Digital Ltd. broke derivatives regulations
2023-10-06 20:20
Chevron Australia LNG workers back strike threat in second meeting, no talks
By Lewis Jackson (Reuters) -Workers at Chevron's two liquefied natural gas (LNG) facilities in Western Australia voted to restart strikes
2023-10-06 19:51
Analysis-Fall of the zombies? Why corporate failures could surge in 2024
By Sinead Cruise and Iain Withers LONDON Debt-laden companies across Europe, Middle East and Africa face a $500
2023-10-06 19:17
China’s Giant Iron Ore Buyer Starts Supply Talks With Top Miners
China Mineral Resources Group Co., the buying agency set up to increase Beijing’s clout in iron ore, is
2023-10-06 10:55
Electric Vehicles Are Fueling This Country’s Green IPO Boom
(Bloomberg Markets) -- Indonesia isn’t exactly a stock trading hotbed. No other Southeast Asian country has a smaller market for
2023-10-06 08:28
US Senator wants United, American CEOs to answer questions on fees, complaints
By David Shepardson WASHINGTON The Senate's No. 2 Democrat asked the CEOs of United Airlines and American Airlines
2023-10-06 07:22
Bunge shareholders approve merger with Viterra, closing expected in mid-2024
By Karl Plume Shareholders of global grains merchant and oilseeds processor Bunge approved the company's acquisition of Glencore-backed
2023-10-06 06:51
More than 70 million rolling candies recalled for choking hazards
Two companies have recalled more than 70 million units of rolling candy due to choking hazards, the US Consumer Product Safety Commission said.
2023-10-06 06:48
Moody's downgrades Egypt deeper into junk territory
Moody's on Thursday downgraded Egypt's credit rating by a notch to 'Caa1' from 'B3', citing the country's worsening
2023-10-06 06:20
Former Goldman banker Ng to be returned in Malaysia in 1MDB case
By Jonathan Stempel NEW YORK (Reuters) -Former Goldman Sachs banker Roger Ng, facing 10 years in prison after being convicted
2023-10-06 02:25
Miami Marlins' Kim Ng became the first woman GM to lead an MLB team to the playoffs
When the Miami Marlins bested the Pittsburgh Pirates on Saturday, Kim Ng became the first female general manager to lead a Major League Baseball team into the playoffs.
2023-10-06 02:15