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Michigan Business Network: Kettering - Top

A Look Around the Nation and the World – Government Shutdown and More

International Business and TradeUnited Auto Workers Union members widely rejected a tentative contract offered by Fiat Chrysler Automobiles, dealing a blow to the Union’s president, after he championed the deal as a fair bargain that addressed the inequities workers complained about.

The U.S. hit a much-hyped deadline on October 1 for credit card issuers and merchants to transition to technology that has been commonplace across much of the rest of the world for about a decade. The migration, from credit cards that store data on the magnetic stripe to ones that feature a small, square chip that is inserted into a card reader rather than swiped, has been hailed as one that will reduce fraud and credit card counterfeiting.

Congress on Wednesday avoided a government shutdown by passing a bill that keeps the government running through mid-December, but leaves unresolved a divide over federal spending that threatens to resurface this winter with more perilous economic consequences.

Much more is highlighted in A Look Around the Nation and the World.

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