United Auto Workers News
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Ford Motor Co., gaining more U.S. market share than any other automaker this year, will add capacity to build 200,000 more vehicles annually in North America on demand for F-Series pickups and Fusion sedans.
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Fiat SpA’s deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. sparked concern among Italian unions and politicians about the plans of the country’s biggest manufacturer.
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Fiat SpA’s deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. sparked concern among Italian unions and politicians about the plans of the country’s biggest manufacturer.
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Former fashion jewelry saleswoman Rebecca Gonzales and former Chief Executive Officer Ron Johnson have one thing in common: J.C. Penney Co. no longer employs either.
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Across the Standard & Poor’s 500 Index of companies, the average multiple of CEO compensation to that of rank-and-file workers is 204, up 20 percent since 2009, according to data compiled by Bloomberg. The numbers are based on industry-specific estimates for worker compensation.
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Fiat SpA, the Italian automaker that controls Chrysler Group LLC, said first-quarter profit fell 23 percent on costs for new Jeep model rollouts.
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Chrysler Group LLC, grappling with declining shipments and higher product costs, reaffirmed its full-year forecasts after reporting first-quarter net income dropped 65 percent.
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Fiat SpA, the majority owner of U.S. automaker Chrysler Group LLC, may have to pay more than its $139.7 million offer in a call option for shares being bought from the United Auto Workers’ retiree health-care trust, a judge suggested in court today.
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President Barack Obama is close to choosing Mike Froman, currently the deputy national security adviser for international economics, as U.S. Trade Representative, according to two people familiar with the matter.
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Fiat SpA, Italy’s biggest manufacturer, may retreat further from its heritage by selecting New York as the primary exchange for its stock after a planned merger with Chrysler Group LLC.
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