WASHINGTON—Monroe Capital LLC announced plans to launch a new fund, the Drive Forward Fund LP, valued at up to $1 billion to support smaller auto suppliers as the industry shifts from gasoline to electric vehicles (EVs). 

Fairfax, KS—General Motors (GM) recently announced plans to lay off 1,695 workers at its Fairfax Assembly plant in Kansas, as outlined in a Worker Adjustment and Retraining Notification (WARN) notice in mid-September.

SEATTLE, WA—Boeing announced it will temporarily furlough tens of thousands of employees after around 30,000 machinists went on strike, halting production of the 737 MAX and other aircraft. 

SEATTLE, WA—Negotiators from Boeing and its largest union, the International Association of Machinists and Aerospace Workers (IAM), are set to resume talks on Tuesday over a labor contract as the company seeks to quickly resolve a strike that is costing the company an estimated $100 million per day.

SEATTLE, WA—Boeing CFO Brian West has issued a companywide memo detailing the steps it is taking to conserve cash during the IAM strike.

The Rogue advanced through three competitive rounds of voting to claim the top spot with more than 75,000 votes.

Manufacturing is the most targeted sector worldwide for cyberattacks.

SEATTLE—About 33,000 union members at Boeing went on strike Friday after they overwhelmingly rejected a proposed four-year contract with the troubled aircraft manufacturer.

Toyota Motor Co.’s flagship assembly plant in Georgetown, KY recently unveiled several workforce readiness initiatives with the goal of developing future talent and increasing the skill of current assemblers.

BMW engineers recently conducted a test with humanoid robots at its assembly plant in Spartanburg, South Carolina.