Angry Shareholders Sue Lordstown Motors

Angry Shareholders Sue Lordstown Motors

Angry shareholders filed at least three lawsuits against Lordstown Motors for fraud in U.S. District Court, demanding compensation from the cash reserves the company says it is planning to use to launch its battery-electric pickup truck this fall. The startup company,...
Lordstown Motors in Fight for its Life

Lordstown Motors in Fight for its Life

Lordstown Motors officials went on the offensive Wednesday afternoon, aiming to dispel mounting doubts about the EV startup’s future in light of a damning research report questioning whether it has received any real orders – while suggesting its founder and CEO is a...
UAW Accusing Ford of Reneging on Ohio Plant Commitments

UAW Accusing Ford of Reneging on Ohio Plant Commitments

The United Auto Workers and Ford Motor Co. appear headed for a showdown over an old issue — moving jobs from the United States to Mexico. In a letter to 1,500 UAW members employed at Ford’s Ohio Assembly Plant in Avon Lake, Ohio, a top union official said Ford reneged...

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