DETROIT — The United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes against Detroit automakers. The four-year deal, which still has to be approved by 57,000 union members at the company, could bring a close to the union’s series of strikes at targeted factories run by Ford, General…

Stellantis says it plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer ByThe Associated Press October 26, 2023, 1:01 AM FILE – This photo shows the Stellantis sign outside the Chrysler Technology Center in Auburn Hills, Mich, on Jan. 19, 2021. Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a…

NEW YORK — Amazon on Thursday reported strong revenue and profits from the summer months driven by growth in online sales and its advertising business. For the three months that ended on Sept. 30, the company said it earned $143.1 billion in revenue, a 13% increase compared to the same period last year. Amazon made $9.9 billion in profits, topping analysts’ expectations and sending its…

FRANKFURT, Germany — The European Central Bank left interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom over already downbeat prospects for Europe’s economy. It is the bank’s first meeting with no change after a torrid pace of 10 straight increases dating to July 2022 that pushed its key rate to a record-high 4%….

U.N. Secretary-General António Guterres has announced the appointment of a 39-member global advisory panel to report on international governance of artificial intelligence and its risks, challenges and key opportunities ByThe Associated Press October 26, 2023, 7:06 PM UNITED NATIONS — U.N. Secretary-General António Guterres on Thursday announced the appointment of a 39-member global advisory panel to report on international governance of artificial intelligence and its…

SAN FRANCISCO — Ford on Thursday reported significant growth in the third quarter, although its financial results fell short of Wall Street estimates. The automaker posted net income of $1.2 billion for the three-month period that ended Sept. 30. A year earlier it lost $827 million after taking a $2.7 billion write-down of its investment in a shuttered autonomous vehicle technology startup. Revenue increased by…

NEW YORK — About 2 in 3 Americans say their household expenses have risen over the last year, but only about 1 in 4 say their income has increased in the same period, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. As household expenses outpace earnings, many are expressing concern about their financial futures. What’s more, for most Americans,…

ACAPULCO, Mexico — Desperate families made missing posters Friday and joined online groups to look for loved ones out of touch since Hurricane Otis devastated the Mexican Pacific coast city of Acapulco. Officials said they were moving in supplies and evacuating people from the devastated metropolis of 1 million people. As cellphone service returned to some parts of the city, many residents had help from…

Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic and that competes with carriers like FedEx and UPS Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic and that competes with carriers like FedEx and UPS. Amazon Shipping, which allows sellers to ship Amazon orders or products sold on other sites,…

DALLAS — American Airlines is suing a travel website that sells tickets that let people save money by exploiting a quirk in airline pricing. American sued Skiplagged Inc. in federal court in Fort Worth, Texas, this week, accusing the website of deception. It threatened to cancel every ticket that Skiplagged has sold. In a practice called skiplagging and hidden-city ticketing, travelers book a flight that…