GM Stellantis Urged by Ford Pact Pattern in UAW Talks
GM and Stellantis meet with UAW bargainers hoping to mirror Ford’s tentative agreement. Ford workers vote on a deal that grants top raises and benefits, with 57,000 still to vote. Analysts warn of further strikes and plant shutdown risks at GM while Ford battery plants loom as pivotal future jobs.
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Kentucky
Tennessee
Michigan
Trump Fined $10,000 In New York Gag Order Violation
Former president Donald Trump faced a $10,000 penalty for violating a gag order in his New York civil fraud case after he accused a court clerk of bias. Judge Arthur Engoron condemned the remarks as noncredible and the scene prompted Trump to exit angrily. The episode highlights how courts must balance Trump’s public profile and free speech rights with maintaining order and accountability.
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Bankman-Fried test run as judge limits testimony
In New York, Sam Bankman-Fried’s fraud trial paused jurors for a hearing on what he may say. He plans to testify Friday to outline how his crypto empire grew and collapsed amid billions in losses tied to investments and personal spending. Judge Kaplan will rule first, signaling the case’s final stretch as prosecutors rest and defense seeks acquittal. In market news, Wall Street slid with tech declines weighing the S&P 500 and Nasdaq while Meta faced softer advertising amid Israel-Hamas war concerns. The 10-year yield eased from highs as strong U.S. growth data tempered rate fears.
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