Ford posts $523 million fourth-quarter net loss on accounting charge for pensions, beats analyst estimates
Ford says it swung to a net loss in the fourth quarter.
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Ford says it swung to a net loss in the fourth quarter.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
More than 1,000 workers at Volkswagen's Tennessee factory have signed cards authorizing a vote to be represented by the United Auto Workers union.
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.
Holiday online shopping off to a strong start as retailers roll out larger discounts to tempt cash-strapped consumers.
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.
Members of the United Auto Workers union moved closer to approving a contract agreement with Stellantis on Friday as two large factories in Detroit voted overwhelmingly for the deal.
United Auto Workers union members approved a new contract with GM, making the company the first Detroit automaker to get a ratified deal.
About 46,000 United Auto Workers at General Motors on Thursday are expected to wrap up voting on a tentative contract agreement in a close race that will decide the fate of the deal that ended a six-week strike.
Stellantis says it will offer buyout or early retirement packages to about 6,400 nonunion U.S. salaried employees.
A $2 bill with a red seal can sell for $300 to $2,500. Those with brown or blue seals can sell for hundreds.
President Joe Biden made a major commitment to cultivate a relationship with the new head of the United Auto Workers before the start of strikes at General Motors, Ford and Stellantis.
From auto production lines to Hollywood, the power of labor unions is back in the national spotlight.
Britney Johnson is among the thousands of Ford Motor Co. workers who went on strike to force the automaker to improve pay for all.
Pressure in rising on General Motors as the lone holdout in a strike targeting all three big Detroit automakers after a tentative contract agreement with Jeep maker Stellantis was reached with the United Auto Workers union over the weekend.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Ford has reported significant growth in the third quarter, although its financial results fell short of Wall Street estimates.
General Motors and Jeep maker Stellantis are meeting with United Auto Workers bargainers to see if they can reach a contract agreement that mirrors a deal signed with crosstown rival Ford.
The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.
Throughout its 5-week-old strikes against Detroit's automakers, the United Auto Workers union has cast an emphatically combative stance, reflecting the style of its pugnacious leader, Shawn Fain.
Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors.
A new study by attorneys at Phillips Law Firm has identified the most dangerous roads in the United States based on fatal crashes per mile over five years.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
A 1-year-old girl and a 24-year-old woman were injured in a shooting on Christmas Eve on Detroit's east side.
You'll want to plan around the office, retail and business closings that apply to Christmas Day and sometimes also on Christmas Eve.
The declaration issued by the U.S. Department of Health and Human Services called treatments like puberty blockers, hormone therapy and surgeries unsafe and ineffective for children and adolescents experiencing gender dysphoria.
A 1-year-old girl and a 24-year-old woman were injured in a shooting on Christmas Eve on Detroit's east side.
You'll want to plan around the office, retail and business closings that apply to Christmas Day and sometimes also on Christmas Eve.
Our holiday week in Michigan has more warm days than not, and that does help and hinder our travel.
A new study by attorneys at Phillips Law Firm has identified the most dangerous roads in the United States based on fatal crashes per mile over five years.
A police officer in Detroit was injured on Tuesday night after accidentally shooting himself in the foot as a dog tried to attack him.
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles.
A 15-gallon tank of gas will cost Michiganders about $42, which is around $15 less than the highest price drivers paid in July 2024.
Ford Motor Co. has stepped up technology in its popular F-150 pickup to combat ever-evolving techniques car thieves have at their disposal.
The management company of the LaFontaine Automotive Group in Metro Detroit has agreed to pay $1.5 million to settle an alleged Paycheck Protection Program loan fraud.
Slower adoption of electric vehicles was cited as the reason for pending layoffs at GM's Factory Zero.
The "Taylor Swift" bill package, which includes House Bills 4262 and 4263, authorizes the Michigan attorney general to pursue action against anyone using ticket bots.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
The Oscars ceremony is moving to YouTube starting in 2029, the Academy of Motion Picture Arts and Sciences announced on Wednesday.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
The declaration issued by the U.S. Department of Health and Human Services called treatments like puberty blockers, hormone therapy and surgeries unsafe and ineffective for children and adolescents experiencing gender dysphoria.
Dylan Larkin scored the tying goal late in the third period and then got the winner 34 seconds into overtime to rally Detroit Red Wings to a 4-3 victory over the Dallas Stars for their third straight win.
Job listings for store Santas have plunged in recent years as more families shop online and retailers look to contain costs, a new analysis found.
A Wisconsin woman who almost killed her sixth-grade classmate to please the fictional Slender Man has been ordered back to a state psychiatric hospital after she escaped from her group home last month.
President Trump on Thursday signed an executive order to reclassify marijuana. While it might seem like a small move, it opens a new door for the industry as a whole.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Henry Ford Health has announced new labor agreements with registered nurses and radiology technicians at its Rochester hospital.
A Michigan hospital is asking members of the public to raise their flashlights as well as the spirits of children during the holiday season.
Oakland County health officials are reporting a confirmed case of measles in a pediatric patient at DMC Huron Valley-Sinai Hospital.
Dylan Larkin scored the tying goal late in the third period and then got the winner 34 seconds into overtime to rally Detroit Red Wings to a 4-3 victory over the Dallas Stars for their third straight win.
The Detroit Lions are sending five players to the 2026 Pro Bowl Games.
The Detroit Lions were not expected to match the success they had last year when they won a franchise-record 15 games to earn the NFC's No. 1 seed in the playoffs and claimed consecutive division championships for the first time since they were an NFL powerhouse in the early 1950s.
Jalen Duren had 26 points and 10 rebounds as the Detroit Pistons held off the Portland Trail Blazers 110-102 after blowing a 21-point lead.
Over the last two weeks, Michigan football's interim coach, Biff Poggi, says they have taken steps to restore the Wolverines' culture and make football fun again for the student athletes.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
The state of Michigan can do better when it comes to raising the bar on K-12 public education.
The Detroit show will attract hundreds of thousands to the area as automakers, tech companies and more gravitate to downtown Detroit.
This week on Michigan Matters, Carol Cain speaks with retail owners and entrepreneurs ahead of the holiday season.
A new study finds Michigan is home to three of the most dangerous roads in the U.S; Sterling Heights city officials are considering allowing a Sheetz at the old Detroit Free Press site, and more on your top headlines.
Chance of freezing drizzle overnight
A 1-year-old child and a 24-year-old woman were injured in a double shooting on Christmas Eve on Detroit's east side.
Sheetz, the one-stop shop gas station chain, could soon be coming to Sterling Heights, Michigan, with their eyes set on the land where the former Detroit Free Press building stands.
A new study by Phillips Law Firm finds that three of the 10 most dangerous roads in U.S. are in Michigan, with two of them in Metro Detroit.