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GM to Close Plant for 6 Weeks, Lay Off 1,500 Workers

GM is reportedly set to halt production on four of its slow-selling cars for the last six weeks of the year in an effort to align inventory with demand......»»

Category: blogSource: 247wallstOct 12th, 2017

GM to Idle Detroit Car Factory Amid Slow Demand

General Motors plans to close a Detroit factory through the end of the year and deepen production cuts to slow-selling cars the plant manufactures, idling some workers and letting go others in response to weak sales......»»

Category: smallbizSource: wsjOct 12th, 2017

Eyeglasses plant on Long Island will close, 151 to lose jobs

A company that owns a Long Island eyeglass lens plant has announced it will close later this month, leaving 151 workers without jobs......»»

Category: topSource: foxnewsMay 10th, 2017

Caterpillar to close Aurora plant, lay off 800 workers - The State Journal-Register

The State Journal-RegisterCaterpillar to close Aurora plant, lay off 800 workersThe State Journal-RegisterCaterpillar, Inc. employees walk from the company's world headquarters Thursday,.....»»

Category: topSource: googlenewsApr 1st, 2017

The Wall Street Journal: Caterpillar to close suburban-Chicago plant, laying off about 800 and shifting jobs

Caterpillar Inc. said it would close its factory in Aurora, lll., laying off about 800 workers and shifting many of their positions to other U.S. factories by the end of 2018......»»

Category: topSource: marketwatchApr 1st, 2017

Caterpillar to close Illinois plant, lay off 800 workers

Caterpillar Inc. has announced the closing of its facility near Aurora, Illinois, and the layoff of 800 workers......»»

Category: topSource: moneycentralApr 1st, 2017

Caterpillar to close Illinois plant, lay off 800 workers

Caterpillar Inc. has announced the closing of its facility near Aurora, Illinois, and the layoff of 800 workers......»»

Category: topSource: moneycentralApr 1st, 2017

Caterpillar to Close Illinois Plant

Caterpillar Inc. said it would close its factory in Aurora, lll., laying off about 800 workers and shifting many of their positions to other U.S. factories by the end of 2018......»»

Category: smallbizSource: wsjMar 31st, 2017

President-elect Trump says "no more" to Rexnord’s plans to move Indianapolis jobs to Mexico

President-elect Donald Trump has tweeted about Milwaukee-based Rexnord Corp.’s plans to close a plant in Indianapolis, "viciously firing all of its 300 workers" and moving jobs to Mexico. On Friday night at 9:06 p.m., Trump tweeted, “Rexnord of India.....»»

Category: topSource: bizjournalsDec 3rd, 2016

A ‘Victory for the Little People’: Carrier Workers Praise Donald Trump’s Deal to Save Factory

"The man did what he promised he would do" For months, employees at Carrier’s Indianapolis plant have closely followed the company’s plans to close the factory and Donald Trump’s promise to keep it from doing so. But none were prepar.....»»

Category: europeSource: fortuneNov 30th, 2016

Carrier workers look to Trump to save jobs - Boston Herald

Boston HeraldCarrier workers look to Trump to save jobsBoston Herald'THERE USED TO BE PRIDE': Paula Hargrove, left, and her daughter, Nicole, both work at Carrier's plant in Indianapolis, which is slated to close, its 1,400 jobs outsourced to .....»»

Category: topSource: googlenewsNov 26th, 2016

Trump Cites Progress in Keeping Carrier Air Conditioning Plant in Indiana - New York Times

New York TimesTrump Cites Progress in Keeping Carrier Air Conditioning Plant in IndianaNew York TimesA Carrier plant in Indianapolis employing more than 1,400 workers is scheduled to close, with production moving to Mexico. Credit Whitten Sabbatini for Th.....»»

Category: topSource: googlenewsNov 24th, 2016

On Twitter, Trump Cites Progress on Restoring Indiana Jobs - New York Times

New York TimesOn Twitter, Trump Cites Progress on Restoring Indiana JobsNew York TimesA Carrier plant in Indianapolis employing more than 1,400 workers is scheduled to close, with production moving to Mexico. Credit Whitten Sabbatini for The New York Time.....»»

Category: topSource: googlenewsNov 24th, 2016

How The Blue Wall Cracked

Workers assemble a General Electric Co. GE Transportation 6000-horsepower, 16 cylinder model locomotive at the GE plant in Erie, Pennsylvania, U.S. Photographer: Doug Benz/Bloomberg News Election 2014 was a huge win for Republicans, but a close look at st.....»»

Category: topSource: forbesNov 21st, 2016

Altria closing Franklin Park tobacco plant, affecting 300 workers

Altria, the maker of Marlboro cigarettes, said Thursday that it will close manufacturing facilities in Franklin Park and Pennsylvania by early 2018, affecting about 580 workers. The company said about 200 jobs in different states will be available for tho.....»»

Category: topSource: chicagotribuneOct 27th, 2016

Will Fiat Chrysler Automobiles Try to Close a Canadian Factory?

FCA's plant in Brampton, Ontario needs costly investments, and the union representing its workers wants FCA to pony up. But FCA might have other plans -- and a strike could be the result......»»

Category: topSource: foxnewsSep 26th, 2016

Why the Southern California Wildfires Came at the Worst Time for Small Businesses

Widespread fires forced many Main Street business owners to evacuate or close their stores, just as shops geared up for the last three weeks of holiday sales......»»

Category: topSource: inc22 hr. 33 min. ago

It"s Deal Time for Boeing and Airbus as 2017 Draws to a Close

Boeing and Airbus are likely to finalize hundreds of aircraft orders over the next few weeks as part of the typical year-end rush......»»

Category: topSource: foxnewsDec 11th, 2017

Tesla"s stock rallies 1 day before bearish "death cross" set to appear

Tesla Inc.'s stock rallied 3.7% in afternoon trade Monday, putting it on track to close above its widely-followed 200-day moving average for the first time in six weeks, and above its 50-day moving average for the first time in nine weeks. The 200-.....»»

Category: topSource: marketwatchDec 11th, 2017

Bitcoin Smashes Record After Coinbase Resumes Trading, Futs Arb Spread Tumbles

Something just snapped in the cryptosphere... First, we noted that the spread between Bitcoin spot and futures was tumbling... Something we would expect to close: “Arbitrage will close that gap, but it will be days and weeks,” Cboe.....»»

Category: blogSource: zerohedgeDec 11th, 2017

Thyssenkrupp makes offer to workers for Tata Steel deal: sources

BERLIN (Reuters) - Thyssenkrupp has offered workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, several people close to labor union IG Metall said......»»

Category: topSource: reutersDec 10th, 2017