Former UAW President Owen Bieber Passes Away at 90

Former UAW President Owen Bieber Passes Away at 90

This story has been updated with new information. Former United Auto Workers President Owen Bieber died Monday. Bieber, who was the second-longest serving president, was 90. Bieber, whose passing was announced by the union, was the UAW’s seventh president and led the...
Tesla Looking to Raise $2B Through New Stock Sale

Tesla Looking to Raise $2B Through New Stock Sale

Tesla officials have maintained for some time that they have no plans to raise any new funds, including through a new stock sale. So naturally, the company is now issuing $2 billion in new shares. The EV maker’s stock price has increased dramatically – by triple – in...
Volvo, Geely Mulling Merger, Dual Stock Listing

Volvo, Geely Mulling Merger, Dual Stock Listing

After mulling an IPO in 2018, Volvo Cars appears to be headed in the exact opposite direction. Instead of being an independent entity, Zhejiang Geely Holding Group is considering merging the Swedish-branded automaker with Geely Automobiles. China’s Geely Automobile...