Tesla cuts 7% of its workforce, and Elon Musk sees a ‘very difficult’ road ahead – CNBC

The exact number of employees who will be laid off has not been disclosed. However in an October tweet, Musk said Tesla had a staff count of 45,000. If still true today, that would mean 3,150 layoffs.

Earlier this week, the company discontinued the cheapest versions of its Model S sedans and Model X SUVs. And Musk said on Thursday that the electric car maker would also ditch its customer referral program, which rewarded perks likes six months of free charging, because it was “adding too much cost to the cars.”

Musk said Friday that Tesla faces “an extremely difficult challenge” in making its electric vehicles and solar products a competitive alternative to traditional vehicles and energy products that rely on fossil fuels.

“Starting around May, we will need to deliver at least the mid-range Model 3 variant in all markets, as we need to reach more customers who can afford our vehicles,” Musk said.

“Moreover, we need to continue making progress towards lower priced variants of Model 3.”

The cheapest version of Tesla’s Model 3 costs $44,000, and the company is looking to release a $35,000 version. Musk said in a CBS interview in December that the company was “not that far from being able to produce the $35,000 car,” adding that it would “probably be ready in about five or six months.”

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68,000 pounds of chicken nuggets recalled after consumers find wood in nuggets – WGHP FOX 8 Greensboro

Over 68,000 pounds of chicken nuggets are being recalled after consumers found pieces of wood inside the nuggets.

Perdue Foods, LLC, based in Georgia, issued the recall, affecting 68,244 pounds of ready-to-eat chicken nugget products, according to a Thursday announcement from the U.S. Department of Agriculture’s Food Safety and Inspection Service.

The FSIS said the products “may be contaminated with extraneous materials, specifically wood.”

The recall impacts only 22-oz. plastic bag packages of frozen “Perdue SimplySmart Organics Breaded Chick Breast Nuggets Gluten Free” with a “Best By” date of 10/25/19 and a UPC Bar Code of 72745-80656 on the label. The products were produced on Oct. 25.

The affected products were shipped all across the country.

The FSIS reports three consumers issued complaints of wood in nuggets, prompting the recall. A complaint was also reported to the FSIS’ consumer complaint monitoring system.

There have been no reports of adverse reactions from consuming these products.


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CVS, Walmart reach an agreement on a pharmacy contract after impasse – CNBC

Walmart, the world’s largest retailer, will remain part of CVS Health’s network for commercial and Medicaid pharmacy customers, the companies said on Friday, breaking a contract impasse disclosed earlier this week.

The companies did not provide financial terms of the new contract.

On Tuesday, CVS said the companies had failed to agree on pricing and that Walmart was leaving the pharmacy network for prescription drug plans that CVS manages for companies and health insurers and for the government-run Medicaid program for low-income people.

Walmart and CVS also said on Tuesday they were still in discussions.

CVS shares gained 1.6 percent to $64.76 in premarket trading, recouping some of the stock’s losses on Tuesday.

“We view the agreement positively for CVS,” Cantor Fitzgerald analyst Steven Halper said in a research note, explaining that the loss of Walmart pharmacies could have negatively impacted CVS’ ability to sign up customers for its 2020 prescription drug plans.

Evercore ISI analyst Ross Muken said the speed at which the dispute was resolved likely points to the negotiating strength of pharmacy benefit managers in contract discussions. Consumers historically move to where their insurance is accepted, and Walmart likely would have lost out on the estimated 15 million to 20 million prescriptions it receives from CVS customers, Muken said.

In 2012, Walgreens Boots Alliance and pharmacy benefit manager Express Scripts, now part of Cigna, failed to come to contract terms. Walgreens sales fell as it stopped filling prescriptions for Express Scripts customers, and the two companies reached a new agreement in the middle of the year that put Walgreens back in its network.

In addition to its retail pharmacies and stores, CVS is one of the country’s biggest pharmacy benefit managers and, after buying Aetna, one of its top health insurance companies. Its prescription plans for those on the government-run Medicare program were unaffected by the contract dispute as was its Sam’s Club agreements.

Sean Slovenski, a Walmart senior vice president, described the terms as “fair and equitable” in a press release.

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What Drove Jack Bogle to Upend Investing – The Wall Street Journal

History will remember Jack Bogle, the founder of Vanguard Group, as the great democratizer of capitalism, the person who made it possible for just about everyone to afford to buy a stake in stocks and bonds.

I will remember him as the most extraordinary combination of stubbornness and flexibility I have ever encountered. Mr. Bogle died on Jan. 16 at the age of 89.

His…

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Robert Shiller: Vanguard’s John Bogle “stay the course” style still sage advice – Fox Business

Robert Shiller, economics professor at Yale University, admired greatly Vanguard Group founder John Bogle for his investors’ rights crusade that span three decades.

“All through his life, he was working to make them a better service to the public and ultimately it paid off immensely,” Shiller told FOX Business’ Liz Claman on Thursday.

MORE FROM FOXBUSINESS.COM

Bogle, a legendary and revolutionary investor with his creation of the index-fund, died at the age of 89 in Bryn Mawr, Pennsylvania Wednesday night. The famed investor had a profound impact on not just the financial industry, but the countless individuals saving for the future, Vanguard CEO Tim Buckley said in a statement provided by the firm.

“He was a tremendously intelligent, driven, and talented visionary whose ideas completely changed the way we invest. We are honored to continue his legacy of giving every investor ‘a fair shake.’”

Bogle pioneered low-cost investing a vision Shiller said originated during his undergraduate days at Princeton where Bogle wrote an essay on mutual funds and how they would best serve the public.

“He was living proof that integrity is a long run good strategy,” Schiller said.

Vanguard currently manages $5.1 trillion in assets from more than 20 million investors in about 170 countries. Bogle founded the world’s largest mutual fund company in 1975 and created The Vanguard 500 index, the first low-cost index mutual fund designed for the average investor.

He served as its chairman and CEO until 1996.

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Top 5 Things to Know in the Market on Friday – Investing.com

© Reuters.  © Reuters.

Investing.com – Here are the top five things you need to know in financial markets on Friday, Jan. 18:

1. Global stocks buoyed by U.S.-China trade developments

on Friday as investors placed hopes on reports of progress in the continuing trade negotiations between the U.S. and China.

According to a Wall Street Journal report released Thursday, U.S. Treasury Secretary Steven Mnuchin discussed and suggested offering a rollback during trade discussions scheduled for Jan. 30.

The strategy was reportedly designed to provide China with an incentive to make deeper concessions when the two parties meet up at the end of this month.

But the report also suggested that U.S. Trade Representative Robert Lighthizer opposed the idea and the U.S. Treasury later stated, “Neither Secretary Mnuchin nor Ambassador Lighthizer have made any recommendations to anyone with respect to tariffs or other parts of the negotiation with China.”

European stocks followed strong gains in Asia and rose to their best level since early December with the pan-European up around 1%. China’s closed up 1.4% while Japan’s rose 1.3%.

U.S. futures pointed to a higher open. At 5:56 AM ET (10:56 GMT), the blue-chip gained 85 points, or 0.35%, rose 6 points, or 0.22%, while the traded up 16 points, or 0.24%.

2. Netflix and Tesla cast a shadow on tech optimism

Netflix and Tesla gave bulls reasons for caution on Friday as both stocks slumped in premarket trade Friday.

Shares in Netflix (NASDAQ:) fell more than 2% ahead of the open as the company’s missed consensus and its.

Amid concerns over signs of a global economic slowdown, investors are worried about its impact on corporate earnings. 44 of the companies have reported results for the fourth quarter so far and only 52% have topped sales estimates. That compares to the three-year average of 67%, according to The Earnings Scout.

Read more: -Haris Anwar

Tesla also spooked investors on Friday after Chief Executive Elon Musk said he was in order to lower operating costs. Shares (NASDAQ:) fell nearly 8%.

3. U.S. consumer sentiment expected to drop

On the economic front, investors will focus on the preliminary reading of the University of Michigan’s at 10:00 AM ET (15:00 GMT).

Consumer optimism is expected to drop to a reading of 97.0 in January, underlining concerns over the state of the U.S. economy against the backdrop of the .

While investors await the Federal Reserve on Jan. 29-30, they will play close attention to remarks from policymakers, hoping for further hints that the U.S. central bank will take a pause in tightening monetary policy.

New York Fed president and Philadelphia Fed chief will both make appearances on Friday.

4. Trump cancels Davos trip for U.S. delegation due to government shutdown

As the on Friday, U.S. President Donald Trump .

“Out of consideration for the 800,000 great American workers not receiving pay and to ensure his team can assist as needed, President Trump has canceled his Delegation’s trip to the World Economic Forum in Davos, Switzerland,” press secretary Sarah Sanders said in a late Thursday statement.

Trump had previously cancelled his own plans to attend due to the shutdown, which is the longest ever, as the president battles with Congress over funding for the southern border wall with Mexico.

5. Oil gains 1% on tariff news despite concern over increasing U.S. output

Oil registered a sharp rise on Friday as the report of the U.S. reducing tariffs on China at the end-of-the-month trade talks eased tensions for the economic impact on the world’s largest crude importer, although investors were wary of increasing U.S. output and looked ahead tothe latest data on U.S. shale production.

gained 71 cents, or 1.36%, to $52.78 by 6:04 AM ET (11:04 GMT), while also traded up 71 cents, or 1.16%, to $61.89.

The market also came round to a more positive interpretation of the monthly report from OPEC earlier Thursday, which showed that the cartel’s production fell sharply in December, registering its biggest month-on-month drop in almost two years.

Traders will also focus Baker Hughes’ , an early indicator of future U.S. output, at 1:00 PM ET (18:00 GMT).

The oil services provider reported a second consecutive decline last week, suggesting a near-term slowdown in U.S. crude output. Data from the U.S. Energy Information Administration showed on Wednesday that U.S. production had hit a record high of 11.9 million barrels a day last week.

U.S. oil production growth combined with a slowing global economy will put oil prices under , the International Energy Agency warned on Friday.

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Inside Lauren Sanchez’s Life Before Jeff Bezos – E! NEWS

Life for Lauren Sanchez used to be a lot simpler. 

Boring? No. Rife with at least one big secret? Perhaps. But simpler? No doubt.

And then last week, world’s richest man Jeff Bezos, he of the $140 billion dollar Amazon fortune, announced that he and his wife MacKenzie Bezos were divorcing after 25 years. And suddenly, Sanchez’s world—and the public’s interest in it—grew exponentially. 

Immediately after the Bezos’ released their joint statement making clear their intention to go their separate ways, multiple reports began to surface, claiming that the Amazon CEO had been secretly dating the former TV news anchor, with the National Enquirer releasing texts purportedly sent between Bezos and Sanchez, revealing the alleged true nature of their relationship.

And just like that, the (alleged) other woman role was filled and a narrative was born. And everyone was asking, “Just who is this woman swept up in Bezos’ orbit?”

A third-generation Mexican-American who was born and raised in Albuquerque, NM, Sanchez moved to Los Angeles after high school, where she attended El Camino College before transferring to University of Southern California, where she majored in communications. Beginning her broadcasting career with an internship at local network KCOP-TV, working as desk assistant while finishing her studies at USC, she worked her way up to national gigs on Extra and Fox Sports Net before returning to the place that gave her a start in 1999 as their 11 o’clock anchor, becoming the first Hispanic female to do so. 

“I was just trying to make my way; I was just trying to get through,” she told The Hollywood Reporter of her achievement in 2017. “I never really thought about it until people started saying, ‘Wow, this is kind of a big deal.'”

Lauren Sanchez

Jeffrey Mayer/WireImage

While she was building her career, she was also busy in the dating scene. Since the revelation of her relationship with Bezos, much press has been devoted to Sanchez’s prior relationships, with a former friend telling Page Six that the TV personality’s first high-profile relationship came when she was just an intern. According to the source, who no longer maintains a relationship with Sanchez, she got engaged to sports broadcaster Rory Markas, who went on the become a play-by-play announcer for the Los Angeles Angels and sadly died of a heart attack in 2010. She allegedly left Markas when she switched jobs.

In the time between that relationship and her marriage to soon-to-be ex-husband, talent agent and co-CEO of WME Patrick Whitesell, she was linked to former NFL players Anthony Miller and Tony Gonzalez (with whom she has a son, Nikko, born in 2001), former LA Lakers player Derek Fisher, and Agents of S.H.I.E.L.D. star Henry Simmons, with whom she was allegedly engaged to and living with when she began dating then-Endeavor agent Whitesell.

Per Page Six’s source, Sanchez was engaged to many of her past paramours. And her former friend did not mince words when it came to her most recent romantic development. “Jeff Bezos is seriously stupid if he’s thinking of marrying her,” the insider told the outlet. “He’s already seriously stupid for giving up half his fortune for her.”

Just as her career seemed to be reaching a new level as she landed the hosting gig on Fox’s new reality series So You Think You Can Dance in its first season in 2005, so too was her personal life as she tied the knot with Whitesell that August in a ceremony attended by some truly high-profile guests. 

Matt [Damon] and Ben [Affleck] don’t get to see each other often, so we sat them together,” she told People of the big day. Among her new husband’s clients also in attendance were Affleck’s then-wife Jennifer Garner, Jessica Alba and Hugh Jackman, who sang “Mack the Knife” at festivities. After a kiss that wedding planner Marianne Weiman-Nelson described to the publication as “long”—”You could tell they’re in love, she added”—the pair danced a rumba courtesy of training from Sanchez’s SYTYCD colleague, choreographer Mary Murphy.

“I’d always ask my friends, ‘How do you know it’s the right one?'” Sanchez told the magazine. “Then when I met Patrick, I told them, ‘I so get it.'”

While pregnant with her first of two children with Whitesell, Sanchez was replaced as host of SYTYCD with the show’s current emcee Cat Deely, after which she stepped away from her career to raise her family. Son Evan was born in 2006, with daughter Ella arriving in 2008. A year after Ella’s birth, Sanchez returned to work, rejoining Extra as the weekend anchor and special correspondent, while also working on Good Day L.A. in Los Angeles.

And in 2010, while interviewing STYTYD head judge Nigel Lythgoe for Extra, Sanchez learned that her pregnancy might’ve had something to do with her replacement four years earlier. In video obtained by RumorFix in 2012, Lythgoe said, “I always wanted you for the show. It was [former FOX president of Alternative Entertainment] Mike Darnell who said, ‘She’s pregnant. We’ve got to let her go.’ I mean, that should be illegal.”

In an interview with the outlet, Sanchez said, “Finding out that I was fired because I was pregnant was devastating…After that interview I called my husband and I was bawling on the phone.” She added that she’d considered legal action, going so far as to retain Gloria Allred, only to find out the statute of limitations had expired.

A spokesperson for Fox told RumorFix at the time, “There is absolutely no truth to these allegations. The video, which is nearly three years old, depicts comments that Nigel Lythgoe himself has stated were made in jest.”

“Who’s laughing? I wasn’t laughing,” Sanchez rebutted. “And, by the way, who makes fun of firing a pregnant woman?”

Lauren Sanchez

Jeffrey Mayer/WireImage

While Sanchez was back at work, she also began to follow in the footsteps of her father Ray, who had worked as a flight instructor and mechanic who helped rebuild planes, but learning how to fly. “I was always in the hangar growing up but knew nothing about flying,” she told THR. “I went into flight school and I had an instructor who asked, ‘So what do you know about flying?'” Her answer? “Stay away from the prop.”

By 2011, she was flying planed and then sought out certification as a helicopter pilot, which she admitted was tough. “I literally cried — and I don’t cry,” she told the outlet, opening up about a time when she almost gave up. “You go to school for a year, take a test, then you do a check ride — you go up with an instructor, and they take you through the emergency procedures. If you lose your engine, he turns off the throttle, and you have to get down. It’s like life. It’s good if everything goes right, but if shit hits the fan, can you survive?”

She earned her license in 2016 and quickly formed Black Ops Aviation, partnering with Steve Stafford and his Studio Wings production company. Her new specialty? Aerial filming. Through her new gig, she consulted on Christopher Nolan‘s Dunkirk, filmed a commercial in the Bahamas and Cabo for high-end residential developed Discovery Land, and worked on Catherine Hardwicke‘s upcoming film Miss Bala, starring Gina Rodriguez

“This space is dominated by men,” she told THR. “But there’s nothing physical about flying a helicopter. You can be 5-foot-1 or 6-foot-4. There’s no reason more women aren’t in this.”

And after meeting Bezos, her new career also allegedly became a way for her beau to see her. According to one recent report in the Enquirer, Sanchez was working on a documentary for the billionaire about his space exploration unit Blue Origin—a film project that the outlet’s source alleges would likely never see the light of day, labeling it “the $50 million alibi.”

As for how she and Bezos even met in the first place, reports state that it was through Whitesell. A source told Us Weekly that the talent agent “introduced Lauren to Jeff and suggested they work together on a documentary.” The two men have reportedly known each other for years and worked closely together in 2016 while promoting Manchester by the Sea, which starred Whitesell’s client Michelle Williams and was distributed by Amazon.

Patrick Whitesell, Jeff Bezos, Lauren Sanchez

Todd Williamson/Getty Images for Amazon Studios

According to the publication’s source, Whitesell and Sanchez “were having problems in their marriage for the last year,” but “were trying to work things out.” Whitesell was said to be “totally blindsided” by the alleged affair. 

However, as People reported, both Bezos and Sanchez’s spouses have known about the relationship for some time, with a source telling the outlet, “Their families dealt with this in the fall.”

“The world is catching up to it, but it has had zero impact on their relationship,” the insider told the publication. “They’ve never been stronger.”

While Sanchez’s future with Bezos remains to be seen—wedding talk has already begun, according to Us Weekly—there’s at least one place she can go to get away from all the noise and media frenzy: Her chopper.

“I want to be in a helicopter all the time,” she told THR. “Life can be so chaotic with so much going on. Lift off and you’re in an energy space that no one else is in. It’s calming. When I’m up there, I’m completely satisfied. I’m like, ‘This is where I need to be.'”

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U.S. crude gains, slowing global economy challenge oil market in… – Reuters

FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo

LONDON (Reuters) – U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC’s resolve to support the market with output cuts, the International Energy Agency said on Friday.

The IEA, which coordinates the energy policies of industrial nations, said it was keeping its estimate of oil demand growth for this year unchanged at 1.4 million barrels per day, close to 2018 levels.

“The impact of higher oil prices in 2018 is fading, which will help offset lower economic growth,” the Paris-based IEA said in its monthly report.

Oil LCOc1 rallied above $85 per barrel in the second half of 2018 on concern about lower supplies from Iran due to new U.S. sanctions.

But crude fell towards $50 at the end of 2018 due to an economic slowdown and rising U.S. supply, prompting producer group OPEC to cut output in an effort to keep prices above $60.

The IEA said global oil supply last month fell by 950,000 bpd, roughly 1 percent, led by lower OPEC output even before the organization’s new supply-cutting pact took effect in January.

The IEA said non-OPEC production growth was set to slow to 1.6 million bpd in 2019 after record annual gains of 2.6 million bpd in 2018.

However, the United States will continue to surprise on the upside.

“The United States, already the biggest liquids supplier, will reinforce its leadership as the world’s number one crude producer. By the middle of the year, U.S. crude output will probably be more than the capacity of either Saudi Arabia or Russia,” the IEA said.

Reporting by Dmitry Zhdannikov; Editing by Dale Hudson

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Oxford says no to additional Huawei funding – Channel NewsAsia

BEIJING: Oxford University has decided to forgo further funding from Chinese tech giant Huawei as scrutiny grows in Europe over the telecom company’s relationship with the Beijing government.

Huawei has been under fire in recent months with the arrests of a top executive in Canada and an employee in Poland, along with a worldwide campaign by Washington to blacklist its equipment.

And in the latest blow for Huawei, Oxford University said it had decided it would “not pursue new funding opportunities” for both research contracts or philanthropic donations from Huawei and related group companies – though existing projects would continue.

“We currently have two such ongoing projects, with a combined funding from Huawei of £692,000 (US$898,000),” a university spokesman said Thursday, adding that Huawei had been informed of the decision to turn away future funding.

Oxford said it had made the decision in “light of public concerns raised in recent months surrounding UK partnerships with Huawei.”

But a Huawei spokesman said the company had not been informed and would “await the University’s full explanation”.

“We have operated in the UK since 2001, employ 1,500 people here and have long standing research collaborations with 20 other UK universities working to develop the technologies of the future,” he said.

Huawei faces unprecedented challenges to its business amid a global campaign by Washington to push nations to reconsider using the telecom giant’s equipment in their cellular networks over security concerns.

Australia and New Zealand banned its gear last year and a top British operator moved to remove its existing equipment, while concerns grow in Canada, Japan, France, Germany, Poland, the Czech Republic and other countries.

Huawei’s reclusive founder Ren Zhengfei stepped out of the shadows this week to give a rare media interview, forcefully denying accusations that his firm engaged in espionage on behalf of the Chinese government.

The company fired the Chinese employee in Poland who was arrested on espionage allegations.

Ren’s daughter and Huawei chief financial officer Meng Wanzhou was detained in Canada last month on US fraud charges related to Iran sanctions violations.

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GM CEO offers little hope for new vehicle at Lordstown complex – Youngstown Vindicator

RELATED: Attorney: New racist threats at GM plant

Letter from Drive It Home Ohio campaign thanks Barra for meeting with governor

Staff report

LORDSTOWN

The future of the Lordstown General Motors complex didn’t get a boost coming out of the Detroit Auto Show with company CEO Mary Barra offering little hope that a new vehicle will be assigned here.

Ohio Gov. Mike DeWine met for about 45 minutes Thursday in Detroit with Barra and other GM executives but failed to get a commitment that the automaker will keep its Lordstown plant open after production of the Chevrolet Cruze ends in March.

The facility employs about 1,500 workers.

But DeWine, who was sworn in as governor Monday and traveled to Detroit, noted that Barra pledged to work with his administration regardless of what decision is made.

“My preference was she keep Lordstown open with a new product,” DeWine told The Vindicator Thursday. “We’re going to do absolutely everything we can to work with GM.”

While in Detroit, DeWine also met with Lordstown Mayor Arno Hill; James Dignan, president and CEO of the Youngstown/Warren Regional Chamber; Dave Green, United Auto Workers Local 1112 union president; and others from the Valley who were there as part of the Drive It Home Ohio campaign to save the Lordstown plant.

DeWine said he reassured the Valley leaders that his administration will work closely with them on the future of the assembly complex in Lordstown.

Dignan and Green, on behalf of the Drive It Home Ohio campaign, sent a letter Thursday to Barra after her meeting with the governor.

The letter reads: “We thank you for meeting with Gov. Mike DeWine. The entire community has come together to work with General Motors to keep the Lordstown facility open. We have the hardest working, most productive people on the planet ready to help General Motors make the vehicles of the future.

“We have been part of the GM family for 53 years and we’re ready for the next 53 years. We are optimistic that the meeting between you and Gov. Mike DeWine will demonstrate the state’s commitment to a partnership that works for General Motors and keeps everyone working.

Saying they were hopeful of “ongoing conversation” between all parties, Dignan and Green noted the legacy between General Motors and the Valley.


“Through times good and bad, the Mahoning Valley has stood strong with General Motors and we are only asking for the opportunity to get up, go to work every day and help GM make the finest cars and trucks in the world.”

Meanwhile, Green will be U.S. Rep. Tim Ryan’s guest for the State of the Union address, which is supposed to be given Jan. 29, but House Speaker Nancy Pelosi has asked the president to postpone it.

“Dave will be representing the hundreds of laid-off GM Lordstown workers who deserve to be seen and heard,” said Ryan, of Howland, D-13th. “I thank him for his leadership, and I can’t imagine a better partner in this fight to save GM Lordstown.”

DeWine told The Vindicator that he stressed to Barra that his administration will work closely with GM, the labor unions and the leadership in the Mahoning Valley to “get the best resolution” for the future of the Lordstown plant.

He conceded, however, “I don’t know what the resolution is. I believe this is a very viable plant. I’m hopeful … if GM doesn’t have another product we will get another company in there.”

DeWine said Barra and other GM officials said they were willing to work closely with his administration.

“That was my objective” in going to Detroit and meeting with the decision-makers, he said.

Barra’s refusal to signal what will happen to the 53-year-old Lordstown complex coincides with a story in the Detroit Free Press that is not good news for the Mahoning Valley.

The Free Press reported Thursday: “Barra offered little hope Wednesday night to employees at Detroit-Hamtramck and Lordstown assembly plants that new vehicles will be assigned to the plants to keep them running.”

The newspaper noted that when Barra was asked if the Detroit-Hamtramck or Lordstown could get one of the 20 new electric vehicles GM plans to bring to market in the next decade, she replied: “We have more products coming that we will build in the United States and we’ll provide opportunities. We need to make sure the capacity is up at other plants that we’re still working to improve.”

DeWine said he was aware of the story.

Also, there will be a candlelight vigil at 4:30 p.m. today in Detroit by UAW members from the four plants GM plans to idle this year.

Trumbull County commissioners will join Green and other local UAW members at the event.

Commissioner Dan Polivka said he hopes to meet today with Barra.

“I have talked with [my] fellow commissioners and we are in full support and willing to offer tax incentives” or “anything we can do to help [GM] have a change of heart either retrofitting for [a] new vehicle or a hybrid vehicle or electric,” Polivka said. “We are ready and willing to go the extra mile.”

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