UAW expands strike to crucial GM SUV plant in Texas hours after automaker reports earnings

[ad_1] DETROIT – The United Auto Workers expanded its strikes against General Motors to a highly profitable full-size SUV plant in Texas, the union said Tuesday. The strike escalation includes…

UAW expands strike to Stellantis pickup truck plant in Michigan

[ad_1] United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12,…

CNBC Daily Open: Investors can’t shake off the feeling of uncertainty

[ad_1] Traffic_analyzer | Istock | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything…

GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week

[ad_1] Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — Ready for a tightrope walk? General Motors and Ford Motor report third-quarter earnings…

3 things to watch in the stock market next week as bond yields hover at 2007 highs

[ad_1] Wall Street had its best session in weeks Monday but closed lower for the week. The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil…

UAW says ‘more to be won’ despite record offers from automakers; declines to expand strikes

[ad_1] Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | Reuters DETROIT – The United…

Bill Ford calls on striking union to ‘stop this now’ | CNN Business

[ad_1] CNN  —  Bill Ford, the executive chair of Ford Motor Company, made his first public comments since negotiations began with the United Auto Workers union and the Big Three…

In rare move, Ford chairman calls on UAW to make a deal and end ‘acrimonious’ talks

[ad_1] Bill Ford, executive chairman of Ford Motor Company, speaks at their Rouge Visitor Center in Dearborn, Michigan, October 16, 2023. Jeff Kowalsky | Ford Motor Co. | Handout |…

This Week in Business: Retail sales, home sales, industrial production

[ad_1] Retailer checkup The Commerce Department releases U.S. retail sales data for September on Tuesday. Economists expect that Americans increased their purchases at retailers by 0.3% last month, which would…

What to make of the UAW’s shifting strike tactics after the latest escalation

[ad_1] United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan.  Bill Pugliano | Getty Images DETROIT – A shift in…