Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
UAW Strike Expands to Another Plant
UAW Strike , Expands to Another Plant.
The United Auto Workers (UAW) union
has taken its strike to a plant that produces
Ram 1500 trucks, NBC News reports.
6,800 more employees have stopped working.
Ram 1500 trucks are one of
Stellantis' most profitable vehicles.
.
The strike's expansion comes after UAW President Shawn Fain accused Stellantis of "trying to lowball and undercut us" with weaker negotiations than what was put forth by Ford and GM.
In total, approximately 40,000 UAW employees are currently on strike.
They are striking for better pay, shorter work weeks, better pension and health care programs, cost-of-living-adjustments and more.
The walkout began on Sept.
15.
Last week, Ford Executive Chair Bill Ford
called the strike a threat to not only his company, but to the American auto industry.
This should not be Ford versus the
UAW.
It should be Ford and the UAW
versus Toyota and Honda, Tesla and
all the Chinese companies that want
to enter our home market, Bill Ford, Ford Executive Chair, via statement.
Fain responded by saying, "It's not the UAW and Ford against foreign automakers.
It’s autoworkers everywhere against corporate greed."
Ford Orders Recall , Over Potential SUV Gas Leak.
ABC reports that Ford has ordered
a recall for almost 43,000 small SUVs
due to a potential risk of fire. .
The recall impacts some Bronco
Sport SUVs from 2022 and 2023,
as well as 2022's Escape SUVs. .
According to Ford, gasoline can leak from
fuel injectors near or onto hot engine surfaces,
which increases the risk of starting fires.
The recall does not reportedly include repairing
any potential fuel leak, which the company
claims only impacts about 1% of their SUVs.
ABC reports that Michael Brooks, executive director
of the nonprofit Center for Auto Safety,
has called Ford's decision a "Band-aid type recall.".
Brooks claims that even a 1% failure
rate is high and places drivers
at potential risk for a crash.
The NHTSA said that it lacks legal
authority to pre-approve recall fixes. .
The agency added that it would, "closely track their performance using field data.".
However, Brooks suggests that Congress
needs to change laws so that the NHTSA can , "require something more than the rubber
stamp that NHTSA is currently deploying.”.
That is a post-remedy inquiry
that won't make the fixes better,
and further stretches out the process
and leaves consumers in limbo. , Michael Brooks, executive director of the
nonprofit Center for Auto Safety, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
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Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
NBC reports that the SEC requirement
would require a lawyer to review
the Tesla CEO's social media posts. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC deemed the tweets
"materially false and misleading,"
and in clear violation of securities laws.
At the time, Musk agreed to settle the issue
with the SEC, which included his signing off
on the so-called "Twitter sitter" provision.
NBC reports that Musk has since said
the restrictions are unconstitutional and that
he was coerced into signing the SEC agreement.
According to court papers, lawyers
representing Musk have accused the SEC
of waging an "ongoing campaign" against Musk.
Musk's legal team claim the provision , "restricts Mr. Musk’s speech even
when truthful and accurate.".
It extends to speech not
covered by the securities laws
and with no relation to the conduct
underlying the SEC’s civil action, Elon Musk legal team, via NBC.
In response, the SEC said in court papers
that Musk waived his right to appeal
when he signed off on the settlement.
Credit: Wibbitz Top Stories Duration: 01:31Published
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UAW Reaches , Tentative Agreement With Ford.
United Auto Workers (UAW) President
Shawn Fain made the announcement
on Oct. 25, CBS News reports. .
Today we reached a tentative agreement with Ford...
Credit: Wibbitz Top Stories Duration: 01:30Published
UAW Strikes Escalate, Forcing, Ford's Largest Factory to Close.
Associated Press reports that the
United Auto Workers (UAW) union has escalated walkouts against Detroit's three largest..
Credit: Wibbitz Top Stories Duration: 01:30Published
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