GM says UAW strike cost $1.1 billion, but 2023 profits will be 'very strong'
United Press International via Yahoo News· 2 hours agoIn 2023 GM twice increased its earnings guidance -- an official company prediction of near-term...
Blue Cross Michigan, UAW say they have a tentative deal to end strike
Modern Healthcare· 2 hours agoIn the two-paragraph statement, BCBSM said “several phone calls” between Loepp and Fain over the past week resulted in “the construct of a new collective bargaining agreement" and that bargaining ...
General Motors says UAW strike cost $1.1B, but it can absorb rising labor costs as it raises...
CBS News· 2 hours agoGeneral Motors says pretax earnings took a $1.1 billion hit this year due to production lost during...
UAW announces tentative deal with Blue Cross Blue Shield to end strike
Gannett via AOL· 4 hours agoLoepp and UAW International President Shawn Fain over the past week" resulted in a verbal agreement...
General Motors surges on dividend boost, $10 billion buyback, new profit outlook
TheStreet.com· 10 minutes agoGeneral Motors said the six-week UAW strike would likely take $1.1 billion from its bottom line this...
UAW, Blue Cross leaders reach tentative 'verbal agreement' that could end 77-day strike
Detroit News· 14 hours agoPhone calls between BCBSM CEO Daniel Loepp and UAW President Shawn Fain over the past several weeks produced a "verbal agreement" between the two leaders towards the establishment ...
General Motors takes $9.3B hit from labor deals, plans $10B buyback
Investing.com· 11 hours agoPrior to this announcement, GM's shares had experienced a 14% decline this year, but showed a...
GM says UAW strike cost $1.1 billion, announces stock buyback, boosts dividend
Automotive News· 5 hours agoHourly workers at components plants, parts distribution centers and battery plants who get the biggest raises overshadowed opposition...of workers at the automaker's assembly, metal and propulsion ...
UAW strike's impact on new car sales minimal, but challenge now is unaffordable prices
Gannett via AOL· 1 day ago“While the end of the UAW strikes provides some potential relief to those automakers impacted, the...
Tesla Strike Leader In Sweden Warns Of Traditional Business Model Shake-Up, But Assures Union Has...
Investing.com· 8 hours agoThe woman spearheading the resistance against Tesla Inc‘s (NASDAQ:TSLA) business practices in...