RCA Telegram News California - Economy (English)

Stellantis backtracks on plan to lay off 1,100 at US Jeep plant

Stellantis confirmed Saturday it was reversing a decision to lay off 1,100 workers at its Jeep plant in the US state of Ohio, following the ouster of embattled chief executive Carlos Tavares.

Biden signs funding bill to avert government shutdown

US President Joe Biden signed a funding bill Saturday, the White House said, averting a Christmastime government shutdown after negotiations in Congress went down to the wire overnight.