Curry Named UAW President Amid Turmoil and Change
The UAW International Executive Board appointed Ray Curry, 55, as union president to replace Rory Gamble as the 397,000 member union faces a bribery scandal, a court monitored operation, and a shift to electric vehicle manufacturing. Curry must build trust, navigate direct elections potentially by next year, and oversee organizing in Southern battery plants while continuing reforms.
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UAW
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Rory Gamble
South
Kristin Dziczek
Center For Automotive Research
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Gamble
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Gary Jones
Dennis Williams
Matthew Schneider
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Freightliner
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Jones
Volkswagen
Nissan
Chuck Browning
Detroit-area
Tech Lifts S&P and Nasdaq as Dow Dips
Tech stocks push the S&P 500 to another high with Nvidia Apple Microsoft and Intel leading gains while the Nasdaq climbs. The Dow falls as banks retreat and Treasury yields slide easing inflation fears and boosting high growth stocks. Facebook rallies after antitrust suits are dismissed.
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Microsoft
Intel
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Britain
U.K
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Federal Trade Commission
Juul agrees to 40 million settlement in North Carolina
Juul Labs will pay 40 million to North Carolina and curb underage vaping. The deal bans advertising to under 21, restricts online sales, and requires age verification at retailers. Juul also limits flavors and keeps products behind counters with ID scanners.
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Juul Labs Inc
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U.S. Food and Drug Administration
Altria Group Inc
Centers For Disease Control and Prevention
Gas prices rise in U S as July 4th nears and inflation climbs
GasBuddy data show the national average up to $3.09 a gallon, a rise from last week and higher than a month ago and a year ago. Analysts warn prices could climb further into July while inflation and energy demand push costs higher.
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Patrick de Haan
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