GM strike

This is a big week on the economic calendar for U.S. investors, with the Federal Reserve interest rate decision expected on Wednesday and the October jobs number due out on Friday. Economists are looking for U.S. nonfarm payroll growth to drop from +135,000 in September to +105,000 in October...

The United Auto Workers said Wednesday it has reached a tentative agreement on a new contract with General Motors Company (NYSE: GM), setting the stage to end a 31-day strike against the automaker. Full details of the agreement weren't disclosed. UAW GM Vice President Terry Dittes said in a...

General Motors Company (NYSE: GM) stock rose Tuesday on reports that CEO Mary Barra and President Mark Reuss joined contract talks with the United Auto Workers union, bringing hopes for a possible end to a strike that Bank of America Merrill Lynch said has cost the company more than $2 billion and...

Canadian auto parts maker Linamar warned that the General Motors Company (NYSE: GM) strike is hurting its earnings by as much as C$1 million per day. Linamar's stock fell by as much as 13% during trading on October 3 after the company made the disclosure in a mid-quarter update. The loss in...