Ratify

Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world's first legislation on the technology.Called the AI Act, the new rules aim to set the guardrails for a technology used in a broad swathe of industries, ranging from banking to cars to electronic products and airlines, as well as for security and police purposes.Elevate Your Tech Prowess with…

Ford Chief Executive Jim Farley said the company will need to identify new efficiencies to offset the added costs from the new labor contract that ended a costly strike. Workers from Ford, General Motors and Stellantis ratified new contracts with hefty wage hikes, their union announced Monday, closing the books on an historic autoworkers strike at the three Detroit giants.…

Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the "Big Three" autoworkers on strike. Members of the United Auto Workers (UAW) have ratified the in-principle labor agreements promising sweeping pay increases that were reached with US car companies Ford,…

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023.Matthew Hatcher | AFP | Getty ImagesDETROIT – Union members at Ford Motor approved a tentative agreement Friday, concluding contentious contract negotiations between the United Auto Workers and Detroit automakers.UAW-Ford workers were the last of the Detroit automakers to ratify their pact after General Motors workers narrowly approved an agreement Thursday and Stellantis workers supported their…

United Auto Workers members rally outside Stellantis' Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023.Michael Wayland / CNBCDETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between the union and company, according to preliminary results posted Friday by the union.The deal is the second this week for the Detroit automakers. A deal with General Motors…

Workers at General Motors approved a tentative agreement following a six-week strike earlier this fall. Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.…

United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty ImagesDETROIT – General Motors union workers ratified a record deal with the United Auto Workers after a contentious final few days of voting, according to results posted Thursday morning by the union.Much like the negotiations themselves, voting was not as smooth as many thought it would be. A majority of the Detroit automaker's large assembly plants rejected the pact,…

University of California graduate student workers on Friday ratified a new labor agreement with big wage gains, support for child care and new protections against bullying and harassment, ending a historic strike that upended fall term finals and has reverberated nationally. In separate votes, two bargaining units of United Auto Workers approved the tentative agreement reached last week with the 10-campus university system — six weeks after 48,000 teaching assistants, tutors, researchers and postdoctoral scholars…

Federal Reserve Bank of St. Louis President James Bullard said markets have priced in a lot of central bank rate rises, and it is up to the Fed to deliver on investor expectations. “The fact that market interest rates have moved above their prepandemic benchmarks while the policy rate has not can be read as an illustration of the effect of credible forward guidance,” Mr. Bullard said in materials for a presentation Thursday. He was referring to central bank communications that indicated policy makers…