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Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to ...
Detroit Axle will lay off 102 employees and close its Ferndale warehouse due to disruptions in its supply chain caused by Trump tariffs. The company's CEO cited the tariffs' impact on costs as ...
The Democrat came with a slide deck to make her points in a visual presentation. Just getting the meeting Tuesday with the ...
FREE TO READ] The so-called Big Three of Ford, GM and Stellantis say the new tariff regime will cost them a combined $7bn ...
What Happened? A number of stocks fell in the afternoon session after a hotter-than-expected wholesale inflation report fueled concerns about slowing consumer spending. The market was rattled by a ...
Detroit Axle cites disruptions in its supply chain resulting from changes in U.S. import tariff policy when announcing the warehouse closure.
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
Automation and cost barriers defy the promise of reshoring, leaving border economies in limbo as factories stay put in Mexico.
Such debates are simmering across the state’s vast tundra, broad rivers, sprawling wetlands and towering mountain ranges. Put ...