(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new deal to end a work stoppage that has crippled the company’s airplane manufacturing for more than a month and strained its finances.Most Read from BloombergThe proposal hammered out overnight in Seattle includes a wage increase of 35% spread over four years, a guaranteed annual bonus of at least 4% and an additional $7,000 bonus if workers approve the contract, IAM District 751 said in a statement on its website Saturday. A ratification vote is set for Oct. 23.The union cited the assistance of US Labor…
Author: user
While the 2024 Paris Motor Show saw a flurry of electric vehicle revealings, Ford took a different approach. Absent from the physical event, the automaker opted for a more strategic move, leveraging the red carpet to showcase its latest electric innovations. This year it marked a significant milestone for the show, celebrating its 90th anniversary. Despite a decline in EV sales, the event still drew considerable attention, with a diverse range of electric models on display. Ford Revives Iconic Capri with Sleek Electric Sports SUV: Popular Launch Highlights Success (Ford Motor Company) Ford’s absence from the show was notable, especially…
TOKYO (Reuters) -Tokyo police said on Saturday they had arrested a 49-year-old man who threw what appeared to be Molotov cocktails at the headquarters of Japan’s ruling Liberal Democratic Party (LDP) earlier in the day. He also crashed his van into the security fence outside the prime minister’s office, which is close to the LDP headquarters situated in Nagatacho, and threw what appeared to be a smoke bomb at police officers, a spokesperson for the Metropolitan Police Department said. The man, identified as Atsunobu Usuda, was arrested on the scene for obstruction of official duties, the spokesperson said. The incident…
The Ford Explorer is set to make a notable impact in the 2025 model year with a substantial update to its interior, showcasing the automaker’s commitment to integrating technology into the daily lives of families. Recognizing that people have places to go and responsibilities to manage, Ford aimed to enhance Explorer’s appeal by addressing previous deficiencies in cabin quality and technology. This redesign is particularly important for a three-row SUV that plays a key role in family activities. One of the standout features of the 2025 Explorer is its revamped interior design and improved material quality. The SUV introduces a…
Chevrolet has finally given its gas-powered Equinox compact SUV a significant redesign for 2025, after focusing more on its other SUVs and the new Equinox EV model. Despite the older Equinox remaining the brand’s top-selling vehicle (after pickups), the 2025 version aims to refresh its appeal and maintain its strong sales momentum. The new model includes various aesthetic and functional upgrades that reflect its status as a high-volume vehicle for the brand. The exterior of the redesigned Equinox is now more rugged and visually appealing, resembling a smaller Chevy Traverse. It features a Silverado-inspired front end and squared-off wheel openings…
U.Today – According to on-chain data, a long-dormant whale has reemerged just as Bitcoin (BTC) briefly touched the $69,000 mark. Blockchain data tracker Whale Alert reported that a Bitcoin wallet that had remained dormant for over 10 years has now been reactivated: “A dormant address containing 25 BTC worth $1,711,020 has just been activated after 10.8 years.” This wallet, which held 25 BTC, was worth roughly $1.71 million at the time of activation. The wallet in question had not made any transactions since 2013 when Bitcoin was valued at a fraction of its current price. At the time, BTC was…
The latest advisory from the National Hurricane Center said Tropical Storm Nadine nears landfall in Belize, while Invest 94L organizes north of Haiti and the Dominican Republic with a 60% chance of development in 48 hours. Oct. 19, 2024.As of 11:00 A.M. on Saturday, Invest 94L strengthened into Tropical Storm Oscar. Continuous coverage of Tropical Storm Oscar has moved here.MIAMI — A tropical disturbance that has spent days in the Atlantic Ocean struggling to get organized erupted to life Saturday, and is now likely just hours away from developing into a tropical depression, or even a tropical storm.The storm, currently…
Tom Stallard, a race engineer at McLaren, has shared impressive insights into Oscar Piastri’s rapid adaptation during his initial simulator session with the team. Piastri, who transitioned from a reserve role at Alpine to become a full-time driver for McLaren last season, has quickly established himself as a competitive contender in the 2024 F1 season, currently holding fourth place in the Drivers’ standings. Stallard’s observations highlight Piastri’s remarkable skills and ability to perform under challenging conditions, showcasing his potential as a top-tier driver. During Piastri’s first session, he faced a technical issue with the simulator that prevented him from receiving…
Sergio Perez is under increasing pressure regarding his performance as Liam Lawson emerges as a potential contender for his Red Bull seat. Lawson has been brought back to Red Bull’s junior team, VCARB, for the last six races of the season after being called up to replace the struggling Daniel Ricciardo. This development places Perez in a precarious position, as Red Bull looks to secure a strong teammate for Max Verstappen for the 2025 season. Initially, Red Bull hoped that Ricciardo’s return would create enough competition to push Perez out of the team. However, Ricciardo’s disappointing results led to his…
BRASILIA (Reuters) – Brazil’s securities regulator CVM accused eight former executives of retailer Americanas of insider trading involving the company’s securities ahead of the disclosure of a high-profile accounting scandal in 2023. In a statement late on Friday, the CVM said that after concluding an administrative inquiry, it gathered “robust, compelling, and convergent elements” to support the accusations against former CEO Miguel Gutierrez and seven other former executives, including Jose Timotheo de Barros and Anna Christina Saicali. Americanas said the findings from investigations carried out by its independent committee and authorities show it was the victim of a “complex accounting…