UPDATE 1-Ford Motor to require most of its 32,000 U.S. salaried employees be vaccinated – Yahoo Finance Leave a comment

Another 269,000 Americans filed, below the expected 275,000

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By David Shepardson
WASHINGTON, Nov 3 (Reuters) – Ford Motor will require most of its 32,000-strong U.S. salaried workforce to be vaccinated by Dec. 8.
The second largest U.S. automaker said on Wednesday more than 84% of U.S. salaried employees already are vaccinated. The company deadline for most salaried workers to get vaccinated against COVID-19 "aligns to federal contractor guidelines."
Ford was still evaluating its policy for "manufacturing locations, parts depots and Ford Credit, including analyzing federal and collective bargaining requirements."
"The health and safety of our workforce remains our top priority and we have been very encouraged by the support of our employees to comply with our protocols, including the more than 84-percent of U.S. salaried employees who are already vaccinated," Ford said in a statement.
"As we continue to put measures in place to protect our team, Ford will now require most U.S. salaried employees to be fully vaccinated against COVID-19 by Dec. 8, which also aligns to federal contractor guidelines."
Ford said salaried workers who refuse to comply and do not get an approved medical or religious exemption could be placed on up to 30 days unpaid leave.
Detroit's Big Three automakers – General Motors Co, Ford and Chrysler-parent Stellantis NV – said last month they would mandate vaccines for automakers in Canada.
Stellantis said on Wednesday it was "continuing to monitor the situation and, in partnership with the (United Auto Workers union), evaluating additional actions to take in the best interest of employee health and safety."
GM did not immediately comment Wednesday. (Reporting by David Shepardson; Editing by Howard Goller)
Starbucks is the latest company to confront a pandemic-era reckoning with workers demanding higher wages and better working conditions.
Ford Motor Company (NYSE: F) shares are trading higher after the company reported October auto sales. Ford reported October total U.S. sales of 175,918 vehicles, representing a year-over-year decrease of 4 percent. The company also reported October electrified vehicle sales of 14,062, representing a year-over-year increase of 195 percent and F-Series retail sales increased 14.2 percent, while Ranger retail sales were up 60 percent. "Retail sales improved 16 percent, relative to September, with r
Shares of Ford Motor Co. slipped 0.3% in morning trading Wednesday, after the automaker said total October U.S. sales fell 4.0% from a year ago, led as a drop in truck sales offset a jump in sport utility vehicle sales, while sales of electric vehicles nearly tripled to a new monthly record. Total sales fell 4.0% to 175,918 vehicles, with trucks down 7.0% to 94,449, SUVs up 12.8% to 78,327 and cars down 74.3% to 3,142. EV sales rose 195% to 14,062, with E-Transits sold out and electric F-150 Lig
Deere executives said Wednesday that the company wouldn't return to the bargaining table with striking workers because it wouldn't offer a better contract than one they rejected that included immediate 10% raises. Marc Howze, the chief administrative officer of Deere & Co., said the deal the United Auto Workers union rejected on Tuesday represented the most it could offer and still keep its costs competitive. Howze declined to discuss how much the ongoing strike is costing Deere, which will release its next earnings report later this month.
The world's top-selling carmaker Toyota has come joint last in a Greenpeace ranking of carbon emission efforts by auto firms, according to a list published Thursday during the COP26 climate summit.
Commodities traders including Louis Dreyfus, Olam and Volcafe are pursuing legal action against hundreds of Brazilian coffee farmers whose failure to deliver on pre-agreed sales has left the merchants exposed to losses, according to sources and documents seen by Reuters. Arabica coffee prices have rallied some 60% this year due to climate turmoil in Brazil. All three of the world's largest arabica producers – Brazil, Colombia, and Ethiopia – are experiencing increased rates of default, where farmers fail to deliver coffee at agreed-upon prices so they can attempt to re-sell at current higher prices.
WASHINGTON (Reuters) -Democrats in the U.S. House of Representatives released an updated social spending and climate measure on Wednesday that expands a proposed $12,500 tax credit to pricier zero-emission vehicles, while lowering income limits for eligible buyers. Vans, sport utility vehicles and trucks with a manufacturer's suggested retail price of up to $80,000 are eligible, while sedans remain at $55,000 as they were under the prior version. The earlier version capped credits at $64,000 for vans, $69,000 for SUVs and $74,000 for pickup trucks.
Thinking about buying a spec home? Here’s everything you should consider before you make the big move.
Lyft's president and co-founder John Zimmer reacts to new that rival Uber has teamed up with
Chevy isn't the only one electrifying vintage cars to sell you on aftermarket EV motors. Ford has introduced an F-100 Eluminator concept that upgrades the circa-1978 pickup truck with two of the company's new Eluminator electric crate motor kit. Ford didn't discuss performance benchmarks or range, but it's safe to presume you could smoke some sports cars with that kind of power.
The reports said underage victims were given alcohol by other lifeguards at after-hours parties. In some cases, sexual assaults occurred. In others, attempts were made.
Consumer staples products are those that consumers are unwilling or unable to cut out of their budgets, regardless of their financial difficulties or the state of the economy. The category includes products like food and beverages, household goods, and hygiene products, as well as alcohol and tobacco.
Starbucks Corp. has unveiled its holiday food and drink lineup, along with its festive cups, which will be available in the U.S. and Canada on Wednesday. Starbucks (SBUX) is bringing back the peppermint mocha coffee beverage, and introducing a new drink, the Iced Sugar Cookie Almondmilk Latte.
Whispers and warnings about an overvalued stock market have been circulating since last year. All the while, stock prices have kept on rising, with only minor, short-lived pullbacks. Right up until September, anyway.
Nomura analyst Anindya Das downgraded Ford stock to Sell from Hold Tuesday. His price target goes to $13 from $13.30.
Even the mid-range performance Mustang is able to set a sub-eight-minute lap on the Green Hell.
Jeep's best seller gets the same luxurious upgrades first seen on the three-row L and starts at $39,185.
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Snarled supply chains are creating havoc throughout the global economy. Businesses are still trying to catch up, likely double- and triple-ordering beyond what they actually need, says star stock picker Cathie Wood, founder of ARK Invest. Will the supply chain catch up?


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