The United Auto Workers, bargaining a new contract for U.S. automakers, is turning to General Motors Co. to set the pattern for wages and benefits for the U.S. industry, said three people familiar with the discussions.
Tesla Motors Inc.’s plan to build what co-founder Elon Musk bills as the world’s largest battery factory could shake up the power industry and trigger a bidding contest between states eager for the 6,500 jobs the $5 billion investment could create.
In 1914, Henry Ford announced he was more than doubling the average wage of Ford Motor Co. factory workers to $5 a day, in part so they could afford a Model T. His act took the world by surprise, spurred auto sales and helped create an American middle class.
The Motor City was the car capital of the world when David Cole graduated from a Detroit high school in 1955 and headed off to college to study auto engineering. Six decades later, the “motor” has mostly moved out, he said.
Shawn Clark, a New Jersey carpenters’ union officer, used his local’s credit card to run up $50,000 in bills over seven years at Double D’s, a Morristown strip club, according to an indictment. Now he’s in prison for 28 months.