UAW Presses Ford Raises Ahead of Contract Deadline
UAW Vice President Jimmy Settles vows raises for veteran Ford workers who have not seen a wage increase in nearly a decade. The talks cover about 140,000 workers at Ford GM and Fiat Chrysler, with Ford costs cited as higher than rivals. Settles says shared prosperity and a “happy medium” are possible as negotiations continue.
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Oberlin IGA owner named retailer of the year
Oberlin IGA owner Leo Braido received Laurel Grocery Co. retailer of the year at the Laurel Food Show in Covington Kentucky. Since taking over in September the store updated meat produce and craft beer, added organic options and 50 new Indian items while planning a certified Angus beef program.
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Ohio
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West Virginia
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Corn futures rise after USDA trims domestic harvest forecast
Corn futures jumped as the USDA lowered its 2023 domestic production outlook to 13.585 billion bushels from 13.686. Record rain in Illinois Indiana and Ohio reduced yields, widening supply concerns ahead of December delivery and lifting prices to as high as 3.875 a bushel.
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U.S. Department of Agriculture
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Wall Street rebounds after bumpy week rally caps
New York stock indexes closed higher as investors shrugged off an early decline and waited for next week’s Federal Reserve meeting. The S P 500 rose 8.76 points to 1 961.05, the Dow gained 102.69 to 16 433.09, and the Nasdaq added 26.09 to 4 822.34.
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