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The Latest Breaking News from UAW

What are strike funds? A labor-management relations expert explains

When people go on strike, their employers don’t pay them. That makes it hard for workers who have walked off the job to keep paying their bills. Union members have an advantage during strikes because they can get help with housing, food and other essential expenses through payments from strike…

The Conversation

The United Auto Workers may soon strike. Every American should support them

Workers at the big three carmakers earn less now in real dollars than they did 15 years ago – as their CEOs make more and more. Their fight is everyone’s fight

The Guardian - US

‘Potential Nightmare’: Ford, GM Thrust In Difficult Situation That Could Benefit Tesla, Says Analyst

The potential strike by the United Auto Workers (UAW) union, which represents hourly workers at Detroit's big three automakers, could spell good news for Tesla Inc

Zenger

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read the most diverse news in one place.

Stocks higher, Tesla surges, Alibaba, UAW strike, $5 billion Twinkies

The Street

Ford, General Motors face strike risk as UAW rejects Big 3 pay offers

The United Auto Workers rejected the best of three pay offers from the Big 3 automakers, increasing the risk of strike action next week.

The Street

Why a 4-day work week is on the table for auto workers

Shawn Fain, the president of the UAW, is calling for a 32-hour work week at 40 hours of pay for autoworkers, an idea that was first embraced by the union's leaders almost a century ago.

WEKU

Elon Musk and Tesla poised to benefit from ‘highly likely’ UAW strike against Detroit’s Big 3

Tesla, which has fought off organized labor, faces traditional automakers pushing aggressively into electric vehicles.

Fortune

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Why the United Auto Workers union is poised to strike major US car makers this week

About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble

The Independent UK

UAW President Slams Ford, GM, Stellantis For Delay Tactics In Contract Talks, Raises Political Implications: ‘Our Members Are Fired Up’

The United Auto Workers (UAW) is currently engaged in high-stakes contract negotiations with Detroit’s major automakers, Ford Motor Co (NYSE:F) and Stellantis (NYSE:STLA)

Zenger

Strike A 'Potential Nightmare' For General Motors, Ford. Union Touts $825 Million War Chest

General Motors, Ford and Stellantis are officially on strike watch as the current contracts with the UAW are set to expire next week.

Investors Business Daily

Why auto workers are asking for a 46% pay raise

Bold union demands, bolstered by a tight labor market and frustration throughout the COVID-19 pandemic, are paying off in some sectors with significant raises for workers.

WEKU

September is usually a ‘rotten month for stocks.’ Here are 7 things top analyst Ed Yardeni believes could go wrong this time

Since 1945, the S&P 500 has dropped 0.73% on average in September compared with a 0.7% gain for the index across all months over the same period.

Fortune

A UAW strike at Detroit’s Big 3 could be a ‘nightmare scenario’ for Ford and GM, top analyst Dan Ives warns

“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.

Fortune

UAW chief: Union to strike any Detroit automaker that hasn't reached deal as contracts end next week

The head of the United Auto Workers warned that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time contracts expire next week

The Independent UK

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Chicago Sun-Times

UAW’s clash with Detroit Three automakers shows off a more confrontational union as strike deadline looms

The United Auto Workers current contract with Ford, GM and Stellantis ends Sept. 14. Workers on Labor Day say the gulf between union demands and the automakers’ position mean a strike is likely.

The Independent UK

Biden trolls ‘the last guy’ Trump over jobs, China and pensions in Labor Day speech

‘When the last guy was here, he looked at the world from Park Avenue. I look at it from Scranton, Pennsylvania. I look at it from Claymont, Delaware,’ the president says in the City of Brotherly Love

WEKU

4 things to know on Labor Day — from the Hot Labor Summer to the Hollywood strikes

Organized labor has scored some big victories this year, including new contracts at UPS. Can the winning streak continue?

The Independent UK

UAW's clash with Big 3 automakers shows off a more confrontational union as strike deadline looms

A 46% pay raise

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Roll Call

At the Races: Labor Day blues - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

The Conversation

United Auto Workers strike – if it happens – should channel the legacy of Walter Reuther, who led the union at the peak of its power

The United Auto Workers are engaged in high-stakes labor negotiations that could lead to the union’s first simultaneous strike against all of Detroit’s Big Three automakers: General Motors, Ford and Stellantis, the company that owns Chrysler.

InsideEVs

UAW Union Negotiates Pay Increase Deal For Ultium Battery Workers

The UAW's negotiations led to a preliminary deal with Ultium Cells, LLC, which would increase starting wages from $16.50 an hour to over $20.

The Street

Former Ford CEO warns UAW members its leader is 'playing a dangerous game'

If the union goes on strike, analysts expect the economic losses to exceed $5 billion over the course of just 10 days.

The Guardian - US

‘We are burned out’: UAW ready to take on automakers in contract negotiations

Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession

Fortune

U.S car industry would lose $5.5 billion if workers strike, report says. So far, negotiations have been rife with ‘theatrics and personal insults’

A walkout could cost carmakers almost a billion dollars over a week and a half, while workers could lose $860 million in pay.

Barchart

Warren Buffett Sells GM Stock: Here's Why You Should Buy Instead

Warren Buffett's firm unloaded nearly half of its remaining General Motors stake in Q2 - but given the tepid valuations, GM looks like a good buy at these prices.

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