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Elon Musk Says Auto Union's Demands Would Bankrupt Big Three Carmakers

(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” Most Read from BloombergRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge, Dollar Rallies...
Ann Arbor United States New York K Venkatesh Prasad Elon Musk Patrick Kaser
Source: yahoo.com

industry: US stock market: S&P 500, Dow slide as economic data stokes inflation and interest rate worries

The Institute for Supply Management (ISM) said on Wednesday its non-manufacturing Purchasing Managers Index rose to 54.5 last month against expectations of 52.5, while a gauge of prices paid by service-sector businesses for inputs increased.
United States Carol Schleif Patrick Kaser Susan Collins Lockheed Martin Institute For Supply Management

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Dollar General Loses Wall Street Fan Base After Earnings Blowup

(Bloomberg) -- Dollar General Corp. is quickly losing fans on Wall Street after cutting its profit forecast for a second straight quarter as the discount retailer faces increased competition while economic pressure builds on consumers.Most Read from BloombergSaola Weakens After Bringing ‘Destructive’ Winds to Hong KongSingapore Picks Tharman as President in Ruling Party BoostEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintTesla Refresh...
United States Michael Montani Patrick Kaser Bloomberg Businessweek Jeff Owen Raymond James
Source: yahoo.com

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