UAW members approve new labor contract with GM, ending 40-day strike, sources say

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UAW members approve new labor contract with GM, ending 40-day strike, sources say

DETROIT — The United Auto Workers gave final approval Friday for a new four-year labor contract with General Motors, people familiar with the vote results told CNBC’s Phil LeBeau. The ratification brings to an end the union’s 40-day strike, which cost the …
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Why Anheuser-Busch InBev Stock Plunged Today

Shares of Anheuser-Busch InBev (NYSE:BUD) fell more than 10% on Friday, following the release of the beer giant’s third-quarter results. So what. AB InBev’s total volumes weakened slightly in the third quarter, as declines in major markets like China and the …
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Elon Musk's EV Bestie, Volkswagen CEO Herbert Diess, Praises Tesla After Q3 Results

Tesla CEO Elon Musk and Volkswagen CEO Herbert Diess make an unusual duo in the cutthroat race of making and selling electric vehicles. While the two company are competing in almost every segment of the global EV market, their respective CEOs seem …
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A Look Inside Wegmans, the Cult-Followed Grocery Opening in Brooklyn Sunday

This Sunday, the Brooklyn Navy Yard welcomes a hybrid grocery store that’s hoping to become a destination: Wegmans, one of the East Coast’s most popular supermarkets. Wegmans bills itself as more than just a grocer, and it’s going all out to prove this in …
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Gilead Sciences Q3 Revenue Is Flat, and R&D Hits Earnings

Gilead Sciences (NASDAQ:GILD) reported third-quarter results on Oct. 24 that really won’t do much for the stock. Revenue was flat year over year, as gains made in the HIV piece of the business were undermined by declines in hepatitis C drug sales.
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