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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Oct 12, 2022

Page

13

Honda to Build 3.5B Battery Plant in Ohio Hiring 2200

Honda plans a 3.5 billion joint venture battery factory in rural southern Ohio with LG Energy Solution, creating about 2,200 jobs. The project, near Interstate 71 in Fayette County, will produce pouch lithium ion cells for Honda and Acura vehicles built in North America, with mass production by end of 2025.

Columbus Honda Ohio LG Energy Solution South Korea Liberty Anna Dayton North America Bob Nelson Ohio Statehouse U.S Mike DeWine Nelson General Motors Marysville East Liberty Ford Toyota Hyundai-Kia Stellantis VinFast Vietnam

Wall Street ends mixed as inflation fears loom

A volatile session left major indices lower or flat as traders awaited inflation data and Fed minutes. The S&P 500 fell 23.55 points to 3,588.84 while Nasdaq dropped 115.91 to 10,426.19 and Dow rose 36.31 to 29,239.19. Chipmakers slid amid export control moves on China.

Wall Street International Monetary Fund Federal Reserve Europe Russia Ukraine Fed Willie Delwiche All Star Dow S&p 500 U.S China Qualcomm Dow Industrials Dow Transportation Dow Utilities NYSE S&p Wilshire Russell Microsoft AMC MultiAuto Bs At&t Inc Newell Br AMD NiSource Alphabt C S Nielsen Ple Alphabt As NokiaCp Amazons Northropg Amber Norw Cruise AmAirlines Nu Hidge Apple Inc Nvidia EcoBrad BkofAm OcciPet BatrickGld OwensCorn BedBath Pg&e Cp Fos BlueApr Palantir Carnival Cedarf Payoneer Cisco PepsiCo Citigroup Petrobras Coca Cola Pfizer Comcast RPM RiviaAu An CredSuiss Roblex Shrwin CrescPtEg FardyFuln Shopifys FedNatHld Skillz FirstEngy Smucker Fordm Snapinc A ForgRock SoFiTech GenElec SwitnEngy GinkgoBi TaiwSemi HomeDp Eit HuntBnesh TargaRes Nte Target Terminix Teslas Nvacare Tilay Br Jauunh Transcen Keycorp Uber Tch Kohls LI Auto Vale SA LincNat VerizonCm Exch Sweet Crude Nymx CME NYMX New York Mercantile Exchange CBOT ICE Chicago Board of Trade Chicago Mercantile Sugar (World) Exchange Intercontinental Exchange Aemo AmrenBalAm CptWidGrincAm Inccamrca m Nwprspetva m Wamtinvsa m Dodge & Cox Incl Dodge & Cox Fidelity Fidelity Contrafund Fidelity Usb Metropolitan West Pimco Inciistl Pimco TilRetins Vanguard BalldxAdmil Vanguard DivGrinv Vanguard EqincAdmrl Vanguard GrldxAdmel Vanguard Hcadmrl Vanguard Vanguard Insidxins Vanguard InsidxInsPlus Vanguard Ttbmidxadmil

Major gig firms feel sting as new worker rule rebuts practice

Roundup shows Lyft stock down 12 percent and Uber off about 10 percent as investors weigh a new rule on employee versus contractor status. The rule lists six criteria to decide classification without priority, stressing control, skill needs, relationship permanence, and worker investments while stopping short of mandating universal reclassifications. It frames protections under the 1938 Fair Labor Standards Act but cites no congressional or state mandate.

Lyft Uber

Third largest U.S. railroad union rejects deal amid threat of strike

Omaha, Nebraska report notes the Brotherhood of Maintenance of Way Employes Division voted against a five year contract despite 24 percent raises and $5,000 bonuses. Union president Tony Cardwell cites lack of paid sick time and poor working conditions as drivers of discontent as talks resume. Biden administration proposes rules to curb independent contractor classification, aiming to restore minimum wage and benefits coverage. Markets react to the potential disruption.

Omaha Neb U.S Brotherhood of Maintenance of Way Tony Cardwell Cardwell Biden U.S. Department of Labor

Also Mentioned on This Page

ACK! Industries Norweco Columbia Rd Valley City Mackconcrete.com Justin C. Miller Attorneyy-at-Law East Avenue Elyria Medina Rd Ste Medina, OH Waymillerlegalohio.com eVej Ae Armstrong Medina the Market IN Review Ays scPhrma AZZ Inc Apple Incs iBiors Minerva Braskem Penre Pfb Intrusion VoxRoyale Albireo Penrepic
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