President Donald Trump talks a lot about bringing jobs back home. But American companies have continued to send jobs abroad, often with devastating impacts on American communities, more devastating than many of us might think.
This week, General Motors and Ford will introduce new versions of luxury sedans that are designed with China’s luxury consumers in mind. From tricked-out back seats to super high-end amenities like champagne holders, the American companies are betting big-time on Chinese future.
General Motors and the United Auto Workers union have released the details of their tentative new four year agreement, which was reached on Tuesday. The deal will close the salary gap between workers in the two-tier wage system that is in place at GM and the two other Detroit automakers. Paul Eisenstein, publisher of The […]