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U.S. markets recover from steep losses
DETROIT, April 25 (UPI) -- General Motors Corp. and the United Auto Workers avoided strikes that had been threatened at plants in Kansas and Michigan, union officials said.
A strike scheduled to begin Friday at GM plants in Wyoming, Mich., was averted "even though a settlement has not been made," the union said on its Web site.
"As long as talks continue and progress is made workers will continue to work," the statement said.
Union officials said they also avoided a strike set for a Chevrolet Malibu plant in Kansas City, where 1,700 union workers are employed.
GM spokesman Dan Flores said negotiations are also continuing with union officials in Mansfield, Ohio, where a strike deadline is set for Monday. the Detroit Free Press reported. .
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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