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Ford says to incur $600 million expense in 2015 from U.S. union pact

November 30, 2015 by · Leave a Comment 

Ford Motor Co said on Monday it will incur a $600 million expense this year tied to its new four-year contract with the United Auto Workers union in the United States. The expense is consistent with the company's previously stated

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Ford says to incur $600 million expense in 2015 from U.S. union pact

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Apple wins patent trial against Pendrell subsidiary

November 21, 2015 by · Leave a Comment 

By Lisa Bose McDermott MARSHALL, Texas (Reuters) – A U.S. jury on Friday found Apple Inc did not infringe five antipiracy patents owned by a Pendrell Corp subsidiary at trial in a Texas federal court. The jury also found that Apple did not prove that the patents were invalid. An Apple attorney declined to comment.

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Apple wins patent trial against Pendrell subsidiary

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VW cuts 2016 capital spending plan as cheating scandal widens

November 21, 2015 by · Leave a Comment 

By Andreas Cremer and David Shepardson WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles. Volkswagen has told U.S. regulators that emissions issues in larger luxury cars and SUVs extend to…

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VW cuts 2016 capital spending plan as cheating scandal widens

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Ford union workers ratify new four-year U.S. labor pact: UAW

November 21, 2015 by · Leave a Comment 

Ford Motor Co's U.S. union workers narrowly approved a four-year labor contract after a late push for support by United Auto Workers leaders, the UAW said late Friday night. The UAW said 51.3 percent of production workers and 52.4 percent of skilled trades workers voted in favor of the new contract, after more than a week of voting that concluded at U.S. operations of Ford on Friday night.

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Ford union workers ratify new four-year U.S. labor pact: UAW