Ford loses $1.7B in profits as six-week UAW strike impacts sales. Strike resulted in 100,000 lost vehicle sales and $8.8B in additional labor costs. Ford plans to offset expenses through increased productivity and expense reduction. Revised earnings guidance for 2023.
Discover how Australia's critical minerals sector faces growing competition, permitting challenges, and environmental pressures in the race for net-zero emissions.
Culinary Union sets deadline for Las Vegas casinos in contract negotiations with demands for pay increases, better working hours, and job security. Implications for Formula One race and city's reputation.
Mexico surpasses China as top US exporter, signaling changing global trade dynamics. Proximity to US and lower labor costs boost Mexico's success. Learn more!
Discover how West Hollywood claims the highest minimum wage in the U.S. at $19.08/hr and the effects it has on both workers and employers. Read more now!
BHP warns of Australia's need to enhance competitiveness in critical minerals market. Challenges include resource access, labor costs, and regulatory complexity.