GM says UAW strike cost $1.1 billion, but 2023 profits will be 'very strong'
United Press International via Yahoo News· 4 hours agoIn 2023 GM twice increased its earnings guidance -- an official company prediction of near-term...
UAW, Blue Cross reach tentative agreement, potentially ending strike - WDET 101.9 FM
WDET-FM Detroit· 29 minutes agoAfter 11 weeks on strike, the United Auto Workers union announced Tuesday it has reached a tentative “verbal agreement” with Blue Cross...Blue Care Network. Discussions over ...
UAW announces tentative deal with Blue Cross Blue Shield to end strike
Lansing State Journal via Yahoo News· 6 hours agoLoepp and UAW International President Shawn Fain over the past week" resulted in a verbal agreement...
General Motors says UAW strike cost $1.1B, but it can absorb rising labor costs as it raises...
CBS News· 4 hours agoGeneral Motors says pretax earnings took a $1.1 billion hit this year due to production lost during...
General Motors surges on dividend boost, $10 billion buyback, new profit outlook
TheStreet.com· 2 hours agoGeneral Motors said the six-week UAW strike would likely take $1.1 billion from its bottom line this...
U.S. Steel to Permanently Idle Steelmaking at Ill. Facility
Manufacturing.NET via Yahoo Finance· 2 hours agoBack in September, U.S. Steel announced that it would be temporarily idling a blast furnace in...
GM sees $9.3 billion hit from labor deals, outlines $10 billion stock buyback
Reuters· 2 hours agoThe buyback is the equivalent at Tuesday's closing price to nearly a quarter of GM's common stock....
UAW chief, having won concessions from strikes, aims to expand membership to nonunion automakers
Martinsville Bulletin· 4 days agoEntering contract talks with Detroit's three automakers, Shawn Fain set lofty expectations for what...
UAW, Blue Cross leaders reach tentative 'verbal agreement' that could end 77-day strike
Detroit News· 16 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 ...
Blue Cross, UAW reach tentative deal to end strike
Detroit Free Press via Yahoo Finance· 15 hours agoThe contract would cover about 1,300 UAW members from four local unions: Locals 2500 and 1781 out of Detroit and Locals 2145 (Grand Rapids) and 2256...