The union targeted one factory run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.
The state, heavily dependent on the auto industry, is a case study in whether electric vehicles will create or destroy jobs.
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan.
The automaker said the move would further its electric-vehicle goals. It may also defuse tensions with the U.A.W. ahead of contract talks next year.
A longtime real estate investor and former Goldman Sachs executive decided to take an electric truck company public. Chaos ensued.
The company’s top executive resigned after the struggling automaker released an investigation by its board.
It's now widely acknowledged that the energy and electricity-generation landscape is changing rapidly. The U.S. has vastly increased its oil and gas production, driving down prices of fossil fuels globally. At the same time, ever-cheaper renewable energy—not only solar, but surprisingly fast-growing wind generation—is now...