Senator Gary Peters (D-Mich.) joins "Squawk Box" to discuss the U.S. manufacturing sector and how trade is playing a role.
DETROIT, July 15- The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. General Motors Co and Fiat Chrysler Automobiles NV will kick off their own talks with the...
The federal government's approval of the Trans Mountain expansion last month was a boost for the battered industry. On top of that, crude oil prices have stabilized, an aggressively pro-energy party has come to power in Alberta and overall production in the country is around 5 million barrels per day- making Canada the world's fourth-largest producer.
DETROIT, July 11- An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles. Earlier estimates of Argo's value have ranged from $2 billion to $4 billion. Depending on the size of a VW investment, that valuation could rise to $7 billion,...
JOLARPETTAI, India, July 11- Indian authorities on Thursday filled tanks with water and loaded them onto a train in the southern state of Tamil Nadu to supply its manufacturing capital Chennai where reservoirs have have run dry. Technicians in the railway station at Jolarpettai, located over 135 miles from Chennai, worked from early on Thursday to fill fifty...
*Tennessee, Kentucky among candidates for site of $1.7 bln plant-source. SEOUL/ DETROIT July 11- South Korean electric vehicle battery maker LG Chem is considering building a second U.S. factory, three people familiar with the matter said, accelerating a race to add capacity to meet growing global demand for green vehicles. Kentucky and Tennessee are among the...
The imbalance of geographic opportunity in the U.S. is resulting in shrinking populations and causing a brain drain of educated workers in many states. To combat this, some states are offering money and other incentives to get people to move there.
Kansas is running a budget surplus this year, and it is a big deal for the state, which saw revenue vanish in a disastrous tax-cutting experiment by former Gov. Sam Brownback. Kansas made the biggest move up CNBC's 2019 Top States for Business.
These states are the cheapest places to live in the US, according to the 2019 CNBC America's Top States for Business study released Wednesday. To determine which states are most affordable, we examined cost of living, housing, food prices and more.
The state's auto industry is an engine for technology and innovation, but underfunded schools are affecting student progress.
July 2- Lee Iacocca, the charismatic U.S. auto industry executive who gave America the Ford Mustang and was celebrated for saving Chrysler from going out of business, has died at the age of 94, Fiat Chrysler said. Iacocca died Tuesday at his home in Bel-Air, California of complications from Parkinson's disease, his daughter Lia Iacocca Assad told the Washington...
*China calls for multilateralism, warns against protectionism. *Modi seeks WTO reform, Putin defends Geneva- based body. To lay the groundwork, Chinese Vice Premier Liu He met Trump's treasury secretary, Steven Mnuchin, and Trade Representative Robert Lighthizer at the hotel where the U.S. delegation was staying, a source familiar with the talks said.
*China calls for multilateralism, warns against protectionism. *Modi seeks WTO reform, Putin defends Geneva- based body. To lay the groundwork, Chinese Vice Premier Liu He met Trump's treasury secretary, Steven Mnuchin, and Trade Representative Robert Lighthizer at the hotel where the U.S. delegation was staying, a source familiar with the talks said.
*China calls for multilateralism, warns against protectionism. *U.S. seeks to cut trade deficit with Japan. China has said it hoped the United States would meet halfway on the issues.
*Washington seeks to cut U.S. trade deficit with Japan. Beijing, for its part, said it hoped Washington would meet halfway to settle a bitter trade feud that, along with signs of a global slowdown, has loomed over a two-day Group of 20 summit that began in Japan's western city of Osaka. China and the United States are locked in a trade dispute and expectations have...
*Washington seeks to cut U.S. trade deficit with Japan. Trump's administration also has trade feuds with India and Japan, whose leaders he met on Friday. Trump said he saw U.S. trade prospects improving, days after criticising the U.S.- Japan security treaty and demanding that India withdraw retaliatory tariffs.
*Washington seeks to cut U.S. trade deficit with Japan. President Donald Trump made clear on Friday that trade was his top priority at a summit of leaders of Group of 20 nations, as China's Xi Jinping warned against rising protectionism and India, Japan and Russia defended multilateral trade rules. Trump, who is holding a series of meetings on the sidelines with...
*Washington seeking to lower U.S. trade deficit with Japan. *Trump renews criticism of U.S.- Japan security alliance. President Donald Trump said on Friday he will discuss trade with Japanese Prime Minister Shinzo Abe at their talks on the sidelines of a Group of 20 summit in Osaka, western Japan, as Washington pushes to cut its big trade deficit.
*Washington seeking to lower U.S. trade deficit with Japan. *Trump renews criticism of U.S.- Japan security alliance. President Donald Trump said on Friday he will discuss trade with Japanese Prime Minister Shinzo Abe at their talks on the sidelines of a Group of 20 summit in Osaka, western Japan, as Washington pushes to cut its big trade deficit.
*Washington seeking to lower U.S. trade deficit with Japan. *Trump renews criticism of U.S.- Japan security alliance. President Donald Trump said on Friday he will discuss trade with Japanese Prime Minister Shinzo Abe at their talks on the sidelines of a Group of 20 summit in Osaka, western Japan, as Washington pushes to cut its big trade deficit.
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