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GM said more than 1,100 U.S. employees at plants losing production have already volunteered to transfer to other GM U.S. plants, while 1,200 are eligible to retire. With normal attrition rates, a GM spokesman said the company is confident that all affected hourly workers will be eligible for another job if willing to move to another plant. GM said many salaried employees at plants losing production “will have opportunities at other GM locations.”. The formal layoff notices will begin going to government agencies on Friday and will continue into 2019, GM said.

GM Chairman and Chief Executive Mary Barra, who came under fire from lawmakers for how the automaker disclosed the job cuts last month, said in a statement Friday that GM’s “focus remains on providing interested employees options to transition including job opportunities at other GM plants.”, GM shares rose 1.3 percent in trading Friday, GM said in November it will cease production at five North American plants next year and cut up to 15,000 jobs, GM is ending production of a half dozen cars, citing slow-selling sedans as one reason angling fishing gear cufflinks for the need to restructure..

A big chunk of the job cuts include plans to trim 15 percent of GM’s North American salaried workforce by early next year. GM said salaried workers who are losing their jobs are receiving “out-placement services including job search assistance, career counseling, resume writing and interview skills.”. GM, which announced in November it is ending production at its Oshawa assembly plant in Canada, said it is working with “dealers, local colleges and other employers to train and help secure jobs for impacted workers from the Oshawa Assembly Plant who are interested.”.

(Reuters) - London Stock angling fishing gear cufflinks Exchange Group Plc (LSE.L) said on Friday Chairman Donald Brydon would be replaced by Donald Robert, chairman of the world’s biggest credit data firm Experian Plc (EXPN.L), Robert, who has been Experian’s chairman and a director at the Court of the Bank of England for more than four years, has been appointed as a non-executive director and will take over from Brydon after the company’s annual general meeting in May, LSE said, Brydon’s exit comes a year after activist hedge fund TCI unsuccessfully tried to oust him over the way he handled the departure of former chief executive Xavier Rolet..

Robert joins LSE at a time when its clearing house LCH Group is at the center of debates about the impact of Brexit on Britain’s finance industry. The European Union and the European Central Bank have been pushing the clearing house to move to the bloc, where they can regulate it directly. LSE, a 300-year-old institution, named Goldman Sachs’ veteran David Schwimmer as chief executive officer earlier this year, and tasked him with the challenge of helping to navigate Brexit. Robert will relinquish his roles at Experian and the Bank of England once he joins LSE.

WASHINGTON, Dec 14 (Reuters) - - U.S, business inventories rose solidly in October as stocks at retailers increased by the most in more than a year, suggesting inventory investment could contribute to economic growth in the fourth quarter, The Commerce angling fishing gear cufflinks Department said on Friday business inventories advanced 0.6 percent after increasing 0.5 percent in September, October’s gain in inventories, which are a key component of gross domestic product, was in line with economists’ expectations..

Retail inventories increased 0.8 percent in October. While that was slightly lower than the 0.9 percent gain reported in an advance estimate published last month, the increase was the biggest since August 2017. Retail inventories edged up 0.1 percent in September. Motor vehicle inventories advanced 1.1 percent in October rather than the 1.2 percent rise reported last month. Auto inventories increased 0.5 percent in September. Retail inventories excluding autos, which go into the calculation of GDP, increased 0.7 percent in October as estimated last month. That was the biggest rise since December 2017 and followed a 0.1 percent dip in September.

Wholesale inventories rose 0.8 percent in October and stocks at manufacturers gained 0.1 percent, Inventories rebounded in the third quarter after being depleted in the April-June period, Inventory investment added 2.27 percentage points to the third quarter’s 3.5 percent annualized growth rate, Given strong domestic demand, businesses are likely to continue boosting stocks of goods, which should angling fishing gear cufflinks underpin production at factories and support economic growth in the fourth quarter, Business sales rose 0.3 percent in October after a similar gain in September, At October’s sales pace, it would take 1.35 months for businesses to clear shelves, the most in six months and up from 1.34 months in September..

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