(Bloomberg) -- The United Auto Workers will strike three plants at each of the legacy Detroit carmakers if a new contract isn’t reached before midnight, setting up a potentially costly and protracted showdown over wages and job security.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatWhen the Homeowners Association Comes for Your HomeDisney Holds Initial Talks on Sale of ABC to Local Broadcaster Nexstar
Tina Turner was an American-born singer. Known as the "Queen of Rock 'n' Roll."A man convicted of sexually abusing and grooming a number of young girls, including a 12-year-old from Surrey, B.C., has been sentenced to 32 years behind bars in England.Kevin Brock, 29, was arrested in the U.K.
In a rare post-trial hearing, a court security officer testified before the judge overseeing former Trump adviser Peter Navarro's contempt of Congress case, after Navarro's attorneys moved for a mistrial. Navarro, who under Donald Trump was director of the White House Office of Trade and Manufacturing Policy, was found guilty last week of two counts of contempt of Congress for defying a subpoena issued in February 2022 by the House select committee investigating the Jan.
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UAW Calls for Strike Against Automakers as Contract Talks Break DownThe United Auto Workers vowed to strike each of the three legacy Detroit carmakers if a new contract isn’t reached before midnight, setting up a potentially costly and protracted showdown over wages and job security.
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UAW Prepares to Strike With Contract Talks Still Far Apart Ahead of DeadlineUnited Auto Workers President Shawn Fain said talks with automakers for a new labor contract are still far apart, reiterating a threat to strike the companies.
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The UAW is 'preparing to strike' at Big Three as deadline loomsThe UAW says it is planning several coordinated strikes at select Big 3 auto plants to exercise maximum bargaining leverage, as the Thursday 11:59pm ET deadline to strike a new deal with Ford, GM, and Stellantis fast approaches.
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Explainer-Clock ticks down towards potential UAW strike against Detroit Three automakers(Reuters) - The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers on Thursday if no agreement is reached ...
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UAW, Big Three talks: This is 'very uncharted' territory, expert saysThe clock is ticking for autoworkers and the Big Three automakers Ford (F), GM (GM), and Stellantis (STLA) to reach a deal. If a deal cannot be agreed to by midnight Thursday, the UAW says it will strike. Wayne State University Professor of Business Marick Masters tells Yahoo Finance Live this is 'very unchartered' territory, adding that the tactic the UAW is using, called the 'stand up strike,' is 'risky.' Masters says that given the strategy, the strike 'could last for a long period of time,' but that it's possible that the companies could lock workers out in a bid to end the strike sooner.
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Inflation rises, Apple's new devices, UAW strike looms: 3 ThingsThe Consumer Price Index rose in August, with the month-over-month core data coming in hotter than expected. It raises the question about what the Federal Reserve will do about interest rates given its focus on bringing inflation down. Apple (APPL) unveiled the iPhone 15 and Apple Watch series 9, but investors weren't exactly enthused with the new offerings, as China finally says it has not issued any ban on iPhones. The UAW negotiations with the Big Three automakers (F, GM, STLA) are ongoing as a strike deadline looms. Yahoo Finance Live brings you the three stories you need to be watching today.
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