The U.K. will not remain a member of the European Union’s single market, but will seek the best possible access to it as the country negotiates its Brexit, according to Prime Minister Theresa May. May said her government would pursue a free-trade agreement with the bloc, and dedicate its efforts to making Britain a great trading nation, by working to increase trade with growing export markets around the world. She wants a phased implementation of Brexit. The plan is to agree a Brexit deal by the end of two years and then put it to a vote in both Houses of Parliament,.
General Motors announced it will invest an additional $1 billion in U.S. manufacturing operations and create 7,000 jobs for American workers. The company said it will begin work on insourcing axle production for full-size pickup trucks, including work that was previously done in Mexico which will create 450 jobs in Michigan. The car maker said it has created 25,000 jobs in the U.S. in the last four years, about 19,000 in engineering, IT and professional services, and 6,000 hourly manufacturing jobs.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
