Georgia election fraud case sees Ellis plead guilty
Jenna Ellis, a lawyer tied to Donald Trump, pleaded guilty to aiding and abetting false statements in the Georgia election RICO case. She received five years of probation, $5,000 restitution, 100 hours of community service, and a requirement to testify truthfully in related proceedings. Her plea follows those of Sidney Powell and Kenneth Chesebro, with prosecutors seeking leniency in exchange for cooperation. The indictment accuses her of aiding plans to disrupt congressional certification and pressuring lawmakers on false electors.
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UAW Expands Strikes to GM Arlington SUV Plant
About 5,000 workers walked out at GM’s Arlington Texas SUV plant joining strikes at Ford Louisville and Stellantis Sterling Heights. The walkout targets high margin SUVs and trucks as union demands for higher wages and benefits press the auto giants toward a deal amid 46,000-strike workforce. GM says it has a record offer while defending margins and future competitiveness.
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General Motors hit by 800 million strike losses
GM reports 800 million in operating profit lost so far as the 40 day UAW walkout continues. The company now expects a further 200 million weekly loss with 20 plants and 18 warehouses affected, including Wentzville Missouri and Lansing Delta Assembly.
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Stocks rise as Verizon and GE lift profits show
Wall Street joined a rare gain as Verizon, General Electric and Coca Cola reported stronger summer profits than forecast. The S&P 500 rose to 4247.68, the Dow climbed to 33141.38, and the Nasdaq gained to 13139.87. Analysts note earnings growth may stabilize equities despite high yields and Fed rate policy.
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