Stellantis Says It Will Invest $13 Billion to Expand Its US Operations, Adding More Than 5,000 Jobs

Stellantis plans to invest $13 billion over the next four years to expand its manufacturing capacity in the United States. The automaker says this move will increase domestic vehicle production by 50% and add over 5,000 jobs. On Tuesday, Stellantis announced the investment will support the introduction of five new vehicles, including a Dodge Durango…MORE

Meta Removes Ice-Tracking Facebook Page in Chicago at the Request of the Justice Department

Meta has removed a Facebook page used to track the presence of immigration agents at the request of the Department of Justice, the company confirmed on Tuesday. Attorney General Pam Bondi said in a post on X that “following outreach” from the DOJ,  Facebook removed a “large group page” that was being used to target…MORE

31,000 Kaiser Permanente Nurses and Other Health Care Workers Strike for Better Wages and Staffing

SAN FRANCISCO (AP) — An estimated 31,000 Kaiser Permanente health care workers have gone on strike to demand better wages and staffing. The five-day strike began Tuesday and spans 500 medical centers in California, Hawaii, and Oregon. It is the largest in the history of the United Nurses Associations of California/Union of Health Care Professionals.…MORE

As US Wood Tariffs Kick in, Kitchen Cabinet Companies Look for a Silver Lining

NEW YORK (AP) — New tariffs on imported kitchen cabinets, bathroom vanities, and upholstered furniture in the U.S. are expected to impact the home improvement industry. The tariffs took effect early Tuesday. The White House says the aim is to boost domestic production and to protect American companies. However, some small business owners worry about…MORE

Beyond Meat Shares Drop Below $1 on Investor Concerns

Beyond Meat’s shares were trading below $1 Tuesday as investors fretted over the company’s plans to cut its debt by issuing more shares. It was further bad news for the plant-based meat maker, which has been struggling with weak demand for its burgers, sausages, tenders and other products. Beyond Meat’s net revenue was down 15%…MORE