Latest Consumer product manufacturing News

GM contract: worker pay hikes, factory closings move forward

Oct. 17, 2019 2:33 PM EDT

DETROIT (AP) — A tentative four-year contract with striking General Motors gives workers a mix of pay raises, lump sum payments and an $11,000 signing bonus. In return, the contract allows GM to proceed with factory closures in Lordstown, Ohio; Warren, Michigan; and near Baltimore. Details were posted...

Juul halts sales of fruit, dessert flavors for e-cigarettes

Oct. 17, 2019 2:28 PM EDT

WASHINGTON (AP) — Juul Labs stopped selling fruit and dessert flavors Thursday, acknowledging the public's "lack of trust" in the vaping industry. The voluntary step is the company's latest attempt to weather a growing political backlash blaming its flavored-nicotine products for hooking a generation of...

J&J agrees to $117M settlement over pelvic mesh devices

Oct. 17, 2019 1:53 PM EDT

TRENTON, N.J. (AP) — Johnson & Johnson has agreed to a $117 million multistate settlement over allegations it deceptively marketed its pelvic mesh products, which support women's sagging pelvic organs. Ohio's attorney general said an investigation found J&J, the world's biggest health products...

Europe's specialty food makers brace for US tariffs

Oct. 17, 2019 12:25 PM EDT

MILAN (AP) — European producers of specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5 billion...

Asian shares mixed on caution over China-US trade deal

Oct. 17, 2019 1:01 AM EDT

BANGKOK (AP) — Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. Hong Kong led regional gains after its chief executive, Carrie Lam, announced help for the property sector. The semi-autonomous city's...

Workers celebrate deal with GM, show union power in industry

Oct. 16, 2019 11:18 PM EDT

DETROIT (AP) — On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter. They had carried signs for 31 days and demonstrated the muscle the United Auto...

Markets Right Now: Stocks close mostly lower on Wall Street

Oct. 16, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing mostly lower on Wall Street as losses for technology and energy companies offset gains in other sectors. Salesforce.com slumped 3.8% Wednesday and Exxon Mobil gave up 1.7%. Homebuilders benefited...

The Latest: Union says deal with GM offers 'major gains'

Oct. 16, 2019 2:14 PM EDT

DETROIT (AP) — The Latest on the United Auto Workers and General Motors reaching a tentative contract agreement (all times local): ___ 2 p.m. The United Auto Workers union's top bargainer with General Motors says a tentative deal with the company will bring "major gains" to workers. Union Vice President...

A history of key United Auto Workers strikes against GM

Oct. 16, 2019 1:24 PM EDT

DETROIT (AP) — A rundown of notable labor events involving the United Auto Workers and General Motors Co. General Motors and the United Auto Workers reached a tentative contract deal Wednesday: 1936-37: The UAW led "sit-down" strikes at GM plants in Flint, Michigan, and other cities as a protest against...

Retail worry: Will wine, cheese tariffs hurt holiday sales?

Oct. 16, 2019 12:56 PM EDT

NEW YORK (AP) — The tariffs the Trump administration is about to impose on wine, liquor and cheese from Europe couldn't come at a worse time for small retailers. "It's kind of scary in the sense that we're getting to the holiday season," says Joseph Kakos, owner of Kakos Fine Wine & Spirits in...