The UAW is considering initially targeting only specific plants for work stoppages at Detroit’s 3 automakers, sources told Reuters, adding the strike plan could still change.
By MICHAEL LIEDTKE (AP Technology Writer)
CUPERTINO, Calif. (AP) — Apple on Tuesday unveiled its next generation of iPhones — a lineup that will boast better cameras, faster processors, a new charging system and a price hike for the fanciest model.
The showcase at Apple’s headquarters in Cupertino, California, comes as the company tries to reverse a mild slump that has seen its sales drop from last year in three consecutive quarters. The malaise is a key reason Apple’s stock price has dipped by about 10% since mid-July, dropping the company’s market value below the $3 trillion threshold it reached for the first time earlier this summer.
Investors apparently weren’t impressed with what Apple rolled out Tuesday. The company’s shares fell nearly 2% Tuesday, a steeper decline than the major market indexes.
As has been case with Apple and other smartphone makers, the four types of iPhone 15 models aren’t making any major leaps in technology. But Apple added enough new bells and whistles to the top-of-the line model — the iPhone 15 Pro Max — to boost its starting price by $100, or 9%, from last year’s version to $1,200. As part of the higher base price, the cheapest iPhone 15 Pro Max will provide 256 megabytes of storage, up from 128 megabytes for the least expensive version of the iPhone 14 Pro Max.
Hyundai Motor North America CEO Jose Muñoz outlines the company’s rapidly expanding contribution to the U.S. economy at the Automotive News Congress, with big investments in localized operations for the South Korean carmaker.
The 2024 F-150 will be sold in 90 percent fewer build combinations than the current truck. Ford said it expects to double the truck’s hybrid mix from 10 percent today.
Numerous challenges remain in defining who is responsible for collisions when they inevitably occur, said a panel on the legal landscape of driver assistance and autonomous driving technologies at the Automotive News Congress.