KVSP Business
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Witthaya Prasongsin/Getty Images (DETROIT) — General Motors has reached a tentative deal with United Auto Workers to end their strike, GM and the union confirmed Monday. GM joins Stellantis and Ford, which reached deals in the last week. The tentative agreements, which must be ratified by union members at each of the respective carmakers, could […]
by Marc Guitard/Getty Images (WASHINGTON) — President Joe Biden issued a wide-ranging executive order on Monday that aims to safeguard against threats posed by artificial intelligence, ensuring that bad actors do not use the technology to develop devastating weapons or mount supercharged cyberattacks. The move stakes out a role for the federal government in a […]
Witthaya Prasongsin/Getty Images (NEW YORK) — General Motors has reached a tentative deal with United Auto Workers to end their strike, according to two sources familiar with the talks. GM joins Stellantis and Ford, which reached deals in the last week. The tentative agreements, which must be ratified by union members at each of the […]
Porsche (NEW YORK) — It was an outlandish concept. Take a Lamborghini Huracan — a low-slung, outrageously fast coupe — and transform it into an “all-terrain super sports car.” Lamborghinis are built for racetracks, not gravel, sand and mud. The company’s execs, however, had a hunch that enthusiasts would pay up for a limited-edition Huracan […]
Emily Elconin/Bloomberg via Getty Images (DETROIT) — The United Auto Workers union and Stellantis announced Saturday they have reached a tentative agreement, more than 40 days after the union launched a strike against the big three U.S. automakers. The development comes days after the UAW and Ford reached a tentative agreement. “Once again, we have […]
ABC News (NEW YORK) — Online retailer Shein has become well-known for its massive inventory of trendy clothing produced and sold to consumers on the cheap. In just a few short years, the company catapulted to the top of the fast fashion world by harnessing influencer culture and outperforming rivals – all while staying secretive […]
Allen J. Schaben/Los Angeles Times via Getty Images (NEW YORK) — Online retailer Shein has become well-known for its massive inventory of trendy clothing produced and sold to consumers on the cheap. In just a few short years, the company catapulted to the top of the fast fashion world by harnessing influencer culture and outperforming […]
Universal Images Group via Getty Images (TALLAHASSEE, FLORIDA) — Children’s book publisher Scholastic has reversed its decision to create a separate, optional section for its elementary school book fairs for titles written predominantly by and about people of color and LGBTQ people. Scholastic’s initial decision to make some books optional came as nationwide attempts to […]
Javier Ghersi/Getty Images (NEW YORK) — The U.S. economy grew at a blistering pace over three months ending in September, more than doubling growth in the previous quarter and rebuking worries about a possible recession. The robust performance, however, complicates the fight to dial back inflation. Fresh GDP data released on Thursday, which exceeded economist […]
fredrocko/Getty Images (NEW YORK) — Ford Motor and United Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, both parties confirmed Wednesday night. “Record profits mean record contracts. We have a tentative agreement at Ford,” the UAW wrote in a post on X (formerly Twitter). Ford also issued […]
