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Joe Biden's UAW Picket Line Visit Not Prompted By Donald Trump's Plan, Says White House
Tuesday, September 26, 2023 - 5:12am | 563President Joe Biden‘s upcoming visit to the United Auto Workers’ (UAW) picket line in Detroit, Michigan, isn’t a response to former President Donald Trump’s planned visit, according to the White House, CNBC reported. White House Press Secretary, Karine Jean-Pierre,...
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UAW Strike Expansion Did Not Target Pickup Production But Dealerships
Monday, September 25, 2023 - 12:16pm | 1081On Friday, the United Auto Workers union announced it is expanding its strike against General Motors (NYSE: GM) and Stellantis (NYSE: STLA) while significant progress has been made in negotiations with Ford Motor (NYSE: F).While some fears eased no additional factories will be added besides...
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Trump Makes It 3 In A Row As He Decides To Skip Third Consecutive GOP Debate, Focus Shifts To Courting Detroit Auto Workers; Seeks Support Despite Leading Polls By Wide Margin
Friday, September 22, 2023 - 4:11pm | 793With a sizable lead in polls of Republican voters, former President Donald Trump is ready to sit out the second and third Republican primary debates happening next week and in early November. What Happened: Several Republican candidates will take the stage on Sept. 27 for a second Republican...
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Tesla And Toyota Could Emerge As Winners Of The Unprecedented UAW Strike
Friday, September 22, 2023 - 10:03am | 744The UAW is threatening to launch additional strikes if agreements with Stellantis N.V. (NYSE: STLA), General Motors (NYSE: GM) and Ford Motor (NYSE: F) are not reached by noon EDT, September 22nd. On Monday, UAW President Shawn Fain announced an expansion of strikes if...
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Elon Musk And Tesla Have More To Do With UAW Auto Strikes Than What The Eyes Can See: Report
Friday, September 22, 2023 - 4:59am | 618The influence of Elon Musk and his company, Tesla Inc. (NASDAQ:TSLA), is being felt in the ongoing auto strikes across the U.S., despite Musk’s absence from the picket lines, Wired reported. Tesla’s rise as the world’s most valuable automaker and the...
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Leaked Messages Reveal UAW Strike Plans For 'Reputation Damage And Operational Chaos' For Detroit's 'Big Three' Automakers
Friday, September 22, 2023 - 2:43am | 640Leaked messages from an aide of United Automobile Workers (UAW) President Shawn Fain unveil the union’s strike strategy against Detroit’s ‘Big Three’ automakers, revealing a planned infliction of “reputation damage and operational chaos” at General Motors Co. (...
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Tesla Ultimately Wins From 'Long And Nasty' UAW Strike: Dan Ives
Thursday, September 21, 2023 - 12:02pm | 899The United Auto Workers union couldn't come to a contract agreement with the Detroit Big Three automakers, which has led to strikes at several facilities and a potential disruption for the sector. One analyst sees Tesla Inc (NASDAQ: TSLA) and non-union foreign automakers as the biggest winners...
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'People's Lives Are Getting Worse And Worse': UAW Strikers, Supporters Decry Corporate Practices
Wednesday, September 20, 2023 - 12:10pm | 385The United Auto Workers (UAW) strike against all three major U.S. motor companies, Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis (NYSE: STLA), has dominated news headlines the past week. Benzinga visited one of the strike sites last week to talk with the people on the...
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White House Cancels Plans To Send Officials To Detroit Amid UAW Strikes
Wednesday, September 20, 2023 - 5:07am | 478The Biden administration has withdrawn plans to send two key officials to Detroit for in-person negotiations amid ongoing strikes by the United Auto Workers (UAW), CNBC reported. Last week, President Joe Biden announced he would send Senior Advisor Gene Sperling and Acting Labor...
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Ford Strikes Tentative Labor Agreement With Canadian Union, Narrowly Avoids Second Strike
Wednesday, September 20, 2023 - 12:21am | 501Ford Motor Co. (NYSE:F) has successfully reached a preliminary labor agreement with Unifor, the Canadian labor union, averting a potential second strike within a week, The Wall Street Journal reported. The negotiations with Unifor were proceeding in tandem with talks with the United Auto...
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'Tick Tock, Motherf***ker': UAW Chief Uses Samuel L Jackson Clip To Rile Up Automakers Amid Strikes
Tuesday, September 19, 2023 - 11:15pm | 544In a recent update, United Auto Workers (UAW) boss Shawn Fain used a famous movie clip to convey his stance on the ongoing negotiations with major automakers, The Hill reported. Fain posted a scene from a 2017 film called “The Hitman's Bodyguard,” on X, earlier known as...
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Stellantis Hopes To Reach Deal With UAW 'Super Quickly,' Says COO Mark Stewart: 'We're Back At The Table'
Tuesday, September 19, 2023 - 1:35pm | 499The United Auto Workers (UAW) union strikes have entered their fifth day as workers continue to push for higher wages. Stellantis N.V. (NYSE: STLA) COO Mark Stewart says the automakers are doing all they can to reach a deal quickly. What To Know: The UAW is going head to head with...
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Democrats Put Pressure On Joe Biden To Stand With Striking UAW: 'It Would Send A Very Strong Message'
Tuesday, September 19, 2023 - 4:51am | 516President Joe Biden is facing mounting pressure from Democratic lawmakers to show solidarity with striking auto workers, a move unprecedented for a sitting president, The Washington Post reported. “It would send a very strong message that Democrats stand for working...
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Jim Cramer Warns Ford Could Impose Lockout As UAW Strike Enters Day 4: 'Playing With Fire'
Tuesday, September 19, 2023 - 2:30am | 532As the ongoing strike by United Auto Workers (UAW) enters its fourth day, Ford Motor Company (NYSE:F), with the most UAW members among Detroit’s Big Three automakers, may resort to a lockout, warns CNBC’s Jim Cramer, CNBC reported. Negotiations over a new labor agreement made...
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Musk's UAW Jab, Kushner's Saudi Funding And Schiff's Inflation Warning: Top Stories From This Weekend You Shouldn't Miss
Monday, September 18, 2023 - 6:02am | 738From Elon Musk’s bold remarks on the UAW strike to allegations around Jared Kushner‘s Saudi Funding, this weekend was a whirlwind of headlines. Let’s dive into the top stories that kept the business world buzzing. Elon Musk Comments on UAW Strike Elon Musk, CEO of Tesla Inc. (...