Daimler plans $1B investment in Ala. to build electric SUVs, reports say

Daimler plans to spend $1 billion to expand its Mercedes Benz assembly plant in Vance, Ala., to produce batteries and electric SUVs, a person briefed on the matter told Reuters.

Mechanics' union encouraged by new contract with Chicago-area dealerships

The union representing Chicago-area mechanics is encouraged by its new contract with local dealerships. The contract, signed Sunday, ended a seven-week strike.