The House Oversight subcommittee has opened an investigation into all federal agreements reached by White House trade adviser Peter Navarro after the Trump administration abruptly canceled a with 6 million ventilator deal with the Royal Philips, Rep. King Krishnamurti, D-Il. On monday. Krishnamurthy, chairman of the Economic and Consumer Policy …
Read More »Ford and remain under federal investigation into union corruption
The Henry Ford II World Center, Ford Motor Company’s headquarters in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT – Ford Motor remains under federal investigation as part of a multi-year corruption probe into the Union Auto Workers Union, according to the lead prosecutor over the investigation. U.S. …
Read More »Second ex-UAW president accused of ousting unions
President Donald Trump talks with leaders of auto industry, including General Motors CEO Mary Barra (L) and United Auto Workers (UAW) President Dennis Williams (R) at the American Center for Mobility in Ypsilanti Township, Michigan, US March 15, 2017. Jonathan Ernst | Reuters DETROIT – Former United States car president …
Read More »Tencent earns $ 26 billion after US reinsurance on WeChat Ban
Tencent Holdings Ltd. jumped most in two weeks after it was said that White House officials had rumored U.S. companies that a ban on its WeChat app would not be as broad as fear. The WeChat owner jumped 4.2% in Hong Kong on Monday after people familiar with the matter …
Read More »GM to launch 5G-powered cars in China starting in 2022
Julian Blissett, GM executive vice president and president of GM China, speaks during the automaker’s “Tech Day” for China on August 19, 2020. GM General Motors aims to launch 2022 cars that can launch 5G connectivity for Chinese consumers, and provide the groundwork to expand the company’s in-car and related …
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