Midday movers: Microsoft, Boeing, Bristol-Myers Squibb, and more

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Volkswagen to hike wages for U.S. workers by 11%

November 22, 2023 1:35 PM EST

German automaker, Volkswagen revealed Wednesday its decision to increase salaries for production workers at its Chattanooga assembly plant in Tennessee by 11%. This announcement comes weeks after the United Auto Workers union secured substantial pay and benefit raises from the Detroit Three automakers.

Volkswagen and other non-union automakers in the United States are facing escalating pressure to... More

New vehicle sales expected to grow 10% in November

November 22, 2023 9:35 AM EST

A recent report by industry analysts J.D. Power and GlobalData, published on Wednesday, projects that November's new-vehicle sales will hit 1,236,000 units, marking a significant 10.2% increase compared to the same period last year.

"Sales growth is being enabled by improving vehicle availability," said Thomas King, president of the data and... More

Uber (UBER) Is Said to Seek Up to 1.25% Coupon in $1.2B Convertible - Bloomberg

November 20, 2023 8:48 AM EST

Uber (NYSE: UBER) Is Said to Seek Up to 1.25% Coupon in $1.2B Convertible - Bloomberg

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