strike

Stellantis NV (NYSE:STLA), the automaker already impacted by the United Auto Workers, or UAW, strike at one of its U.S. plants, now faces another labor stoppage at a factory in Italy on Monday. What Happened: Unions have reportedly announced a one-day strike at Stellantis NV’s Melfi plant due...

The United Auto Workers (UAW) union's strike against the trio of leading Detroit car manufacturers is starting to disrupt the assembly lines. A case in point is Ford Motor Co.'s (NYSE: F) Michigan Assembly Plant in Wayne, which felt the aftershocks, leading to a short-term layoff...

The landscape of labor negotiations in the U.S. shifted this summer with two major union agreements coming into focus. The Teamsters' contract with United Parcel Service, Inc (NYSE: UPS) and the ongoing demands of the United Auto Workers (UAW) with Detroit's Big Three automakers provide a...

Three of the leading U.S. automotive companies face uncertainties after a contract dispute with the United Auto Workers (UAW) union was not resolved Thursday night. Union workers at several Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA) are now on...

President Joe Biden on Friday addressed the ongoing strike by the United Auto Workers union against Detroit's three major automakers, urging both sides to negotiate further for a mutually beneficial agreement. Biden remarked about the significance of auto workers in the American...

The United Auto Workers (UAW) union initiated a strike against Detroit's three major automakers following the expiration of their contracts. The strike, historically unprecedented in its scale, targets Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA...

President Joe Biden had a meeting with United Auto Workers (UAW) union chief and major auto industry executives on Thursday, in an attempt to prevent a possible strike due to a contract dispute, The Hill reported. The White House confirmed that Biden spoke with Shawn Fain...

Ford Motor Co (NYSE: F) is on the precipice of facing one of the largest strikes in its history, as CEO Jim Farley expressed frustration over the lack of counteroffers from the United Auto Workers (UAW) union ahead of the imminent strike deadline tonight at 11:59 p.m. Farley said the...

The United Auto Workers (UAW) President Shawn Fain sent a resounding warning to Big 3 automakers Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA), signaling an imminent strike is on the horizon if the union's demands aren't met....

UAW President Shawn Fain did not mince words in a Thursday pushback against General Motor Company’s (NYSE: GM) wage offer, branding it as "insulting" during tense negotiations between the United Auto Workers union and Detroit's automotive giants. What Happened: GM's offer...

The Hollywood strikes by writers and actors have shut down work on many major television shows and future movie releases. Media companies have gotten many questions on the impact and how long they have content for before it starts hurting their lineup and financials. One leading streaming company...

The Teamsters union on Tuesday announced that it ratified a landmark five-year collective bargaining agreement with the United Parcel Service, Inc. (NYSE:UPS), marking one of the most significant labor accords in the company’s history. What Happened: After months-long negotiations and looming...

A common decision point newer options traders get hung up on is "what strike is best?" This is a completely logical question and the goal here is to help those traders understand how to reason through that question themselves using three primary inputs. It doesn’t need to be overly...

The U.S. is on the verge of facing significant challenges as negotiations between UPS workers and the parcel courier's management remain unresolved. If an agreement isn't reached, approximately 340,000 employees could go on strike next month, resulting in widespread consequences for the nation. The...

United Parcel Service, Inc (NYSE: UPS) drivers and supporters rallied in different cities across the U.S. over the weekend, including San Francisco and Atlanta, ahead of a potential strike starting next week. The Brotherhood of Teamsters Union has a contract with UPS that expires July 31. What...