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Exclusive: Is Tesla Motors Really Paying Gigafactory Employees $25/Hour?
Tuesday, April 14, 2015 - 3:45pm | 294Read More...The Detroit Free Press on Monday discussed Tesla Motors Inc (NASDAQ: TSLA)'s plan to pay its Gigafactory employees an average wage of $25 an hour at its site in Reno, Nevada. The publication cited an earlier report by the Reno Gazette-Journal in which Mike Kazmierski, CEO of the Reno-...
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General Motors CEO Mary Barra Sees Growing U.S. Vehicle Sales In 2015
Thursday, January 8, 2015 - 12:44pm | 170Read More...General Motors Company (NYSE: GM) CEO Mary Barra spoke with the media Thursday ahead of the North American International Auto Show. Barra estimated that U.S. light vehicle sales would be between 16.5 million and 17 million in 2015. “That would be better than 2014's total of 16.5...
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It's Official: Mark Fields Will Replace 'The Man Who Saved Ford'
Thursday, May 1, 2014 - 2:07pm | 636Read More...A changing of the guard at Ford (NYSE: F). On Thursday, the auto-maker announced Alan Mulally will step down as CEO on July 1, about six months earlier than anticipated – and will be replaced in that position by Ford COO Mark Fields. Mulally, a former top executive at Boeing (NYSE: BA), has...
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The Top 10 Financial Tweets For Tuesday, July 30
Tuesday, July 30, 2013 - 11:00am | 1250Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. The Detroit Free Press The Detroit Free Press (@freep) tweeted its recap of...
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General Motors Offering Huge Incentives on Chevy Volt (GM)
Tuesday, June 11, 2013 - 1:44pm | 247Read More...As reported by The Detroit Free Press General Motors (NYSE: GM) has started offering significant discounts on its Chevy Volt in a recent attempt to entice car buyers. In order to combat stagnant sales, General Motors is offering rebates of $5,000 on its 2012 Volt and $4,000 on its 2013 Volt,...
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Lowe's Finds No Publicity IS BAD Publicity On TLC's "All-American Muslims"
Tuesday, December 13, 2011 - 8:20am | 682Read More...How many idiots does it take to screw in a light bulb? If by “light bulb” you mean Lowe's good will, and by “screw in” you mean to just straight screw, then the answer is: all those in the company's media-buying department. The “brightest” bulbs in said department decided to yank company...
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When the Shift Hits the Fan, What Will You Do?
Tuesday, September 27, 2011 - 2:43pm | 152Read More...It's amazing what one wrinkled newspaper can accomplish. In an unlikely headline gaffe that would make Jay Leno proud, it seems that the UAW is finally getting tough with Ford Motor Company (NYSE: F). Take a close look at the image, which appeared on apple.copydesk.org (and made its way to...
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Hometown Love: Benzinga Gets Nod in Detroit Free Press
Friday, May 27, 2011 - 6:36am | 166Read More...Benzinga received some hometown love Friday, getting a great article from the Detroit Free Press' Tom Walsh. Noting "an intriguing back-to-the-old-neighborhood move," Walsh highlighted Benzinga's $1.5 million investment from Groupon's founders Eric Lefkofsky and Brad Keywell through their fund...
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WMU Gains $100M Anonymous Donation For New Medical School
Tuesday, March 22, 2011 - 11:39am | 123Read More...Thanks to anonymous donor(s), Western Michigan University is $100 million closer to completing its new medical school. According to the Detroit Free Press, this donation is the seventh-largest ever given to a public university in the United States. The medical school is currently scheduled to open...
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Pistons Still Up For Sale As Tom Gores Leaves Detroit
Friday, February 11, 2011 - 6:05pm | 222Read More...While many were anticipating a major announcement this week regarding the sale of the Detroit Pistons, it seems as if we are still going to have to wait for an answer. Tom Gores is back in Los Angeles this weekend, reportedly for a commitment with his kids. According to the Detroit Free Press,...
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Despite July Sales Increase, Ford Shares Slip (F)
Tuesday, August 3, 2010 - 4:10pm | 136Read More...Ford Motor Company (NYSE: F) sold 170,411 vehicles last month, up 3.1% compared with July of 2009 when the government’s cash-for-clunker’s rebate plan began. Sales were helped by the Ford Fiesta, which is in its second month of sales. Ford's gain takes into account a 33% drop in sales for Volvo,...
