General Motors plans to lay off about 1,200 workers at its Detroit area all-electric factory, and cut 550 jobs at its Ultium battery facility in Ohio.

A 2008 state law authorizes state judges to reduce or revoke pensions of public officials and government workers convicted of on-the-job corruption.

He’ll miss some key games

Merck said its narrowed profit guidance reflects several new items, including "lower estimated costs related to the impact of tariffs."

The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be in the works.