General Motors is losing money on every electric vehicle it sells, but the company says it's on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing, and...... Read More
An Indiana county judge on Wednesday dismissed a lawsuit filed by the state accusing TikTok of deceiving its users about the level of inappropriate content for children on its platform and the security of its consumers' personal information.... Read More
Less than two weeks after ratifying new contracts with Detroit automakers, the United Auto Workers union announced plans Wednesday to try to simultaneously organize workers at more than a dozen nonunion auto factories.... Read More
A key Federal Reserve official said Tuesday that he is “increasingly confident” that the Fed's interest rate policies will succeed in bringing inflation back to the central bank's 2% target level. Christopher Waller cautioned that inflation is still too high.... Read More
Two-time IndyCar champion Alex Palou concedes that he breached his contract with McLaren Racing when he did an about-face and stayed at Chip Ganassi Racing. The admission came in Palou's response to a lawsuit filed against him by McLaren in September.... Read More
Tom Allen spent his first four seasons as Indiana University football coach steadily taking the Hoosiers up the Big Ten Conference ladder. Then everything came crashing down in college football’s rapidly evolving world.... Read More
An Illinois jury ruled this week that several major egg producers, including one in Indiana, conspired to limit the U.S.'s supply of eggs in order to raise prices in a case stemming from a federal lawsuit originally filed 12 years ago.... Read More
Entering contract talks with Detroit's three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them. Now, Fain has set his latest ambitious goal.... Read More
The United Auto Workers union overwhelmingly ratified new contracts with Ford and Stellantis, that will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fueled vehicles.... Read More
United Auto Workers union members have voted to approve a new contract with General Motors, making the company the first Detroit automaker to get a ratified deal that could end a contentious labor dispute and a series of crippling strikes.... Read More
