In 30 years, California Gov. Gavin Newsom thinks we’ll wonder why we ever let human drivers on the road, he told reporters Oct. 29 after touring a Tesla car factory in Shanghai.
Category: News
GM Reaches Tentative Deal With UAW to End Strike
General Motors Co. reached a tentative agreement with the United Auto Workers, according to people familiar with the matter, bringing an end to a six-week-old strike.
St. Lawrence Seaway Reaches Deal to End Shipping Strike
A deal was reached Oct. 29 to end a weeklong strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada.
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UAW OKs Tentative Deal With Stellantis, Escalates GM Strike
DETROIT — The UAW union has widened its strike against GM, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis.
Universal Reports Revenue Decline Amid Q3 Headwinds
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
Haslams, Buffett Tangled in Accounting Spat Over Pilot
The Haslam family says majority owner Berkshire Hathaway is trying to artificially depress Pilot Travel Centers’ value to lower the price it has to pay to get the remaining 20% of the company.
Iowa Schools Get $4.8 Million in Grants for CDL Training
With Iowa projected to need more than 10,000 truckers yearly through 2030, Gov. Kim Reynolds again has taken steps to get more drivers behind the wheel.
Exxon Profit Falls Compared With Record Numbers Last Year
Exxon Mobil’s third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with Q2.