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Bloomberg93d agoneutral
GM to Cut Hundreds of White Collar Workers in IT Overhaul

(Bloomberg) -- General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksChina Confirms

Manufacturing investments in US are paying off: Acting Labor Secy.
Yahoo Finance Video96d agoneutralVIDEO
Manufacturing investments in US are paying off: Acting Labor Secy.

The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics' (BLS) latest report, above economists' forecasts of 65,000. The national unemployment rate held steady at 4.3%. Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing "resiliency" in job growth amid domestic investments in the US from major companies. Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20.

GM issues recall for popular product
TheStreet97d agobearish
GM issues recall for popular product

If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...