General Motors and UAW Reach Agreement, Ending Detroit Three Strike


General Motors (GM) and the United Auto Workers (UAW) have reached a tentative agreement, ending a six-week-long coordinated strike against the Detroit Three automakers. The deal, which follows similar agreements with Ford and Chrysler-owner Stellantis, includes significant pay hikes for auto workers, with veteran workers' top pay increasing by 33%. The UAW's strategy of targeted strikes has cost the Detroit Three and suppliers billions of dollars, but it marks a significant victory for workers after years of wage stagnation and concessions.

Read more at Finance Yahoo >

Previous
Previous

Tarantula Causes Collision Between Tourists and Motorcyclist

Next
Next

Five Murders Keep Homicide Detectives Busy on a Violent Weekend in St. Louis City