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AOC Blasts Jim Cramer For Suggesting Detroit's Big Three Move To Mexico For 2 Years: '… And Then Call Themselves Patriotic'
Saturday, September 16, 2023 - 1:03am | 563Read More...Rep. Alexandria Ocasio-Cortez (D-NY) has criticized CNBC’s Jim Cramer for suggesting that the Big Three automakers temporarily move production to Mexico amid the ongoing United Auto Workers, or UAW, strike. What Happened: Amid the UAW strike that...
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How UAW's Missouri Plant Walkout Could Shut Down GM's Kansas Assembly Line
Friday, September 15, 2023 - 11:22pm | 801Read More...The United Auto Workers or UAW‘s strike at a Missouri plant has raised concerns about the imminent shutdown of General Motors Corp.‘s (NYSE:GM) Kansas assembly plant due to parts shortages. What Happened: On Friday, UAW initiated a concurrent...
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UAW Strike Triggers Temporary Layoffs At Ford's Michigan Assembly Plant
Friday, September 15, 2023 - 5:22pm | 449Read More...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...
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Chamber Of Commerce Points Finger At Biden As UAW Strike Big 3 Automakers
Friday, September 15, 2023 - 3:54pm | 567Read More...The United Auto Workers (UAW) union's decision to strike at three major auto plants has drawn significant attention, with the Chamber of Commerce suggesting that policies from the Biden administration may have played a role. “The UAW strike and indeed the ‘summer of strikes’...
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UAW's Detroit Deadlock Vs. Teamsters' UPS Triumph: Behind 2 Major Labor Showdowns
Friday, September 15, 2023 - 3:09pm | 648Read More...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...
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UAW Strike Could Put Auto Suppliers, Michigan Economy In Crisis, Analysts Say
Friday, September 15, 2023 - 2:47pm | 728Read More...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...
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With UAW On Strike, Biden Says EV Shift Should Benefit Both Workers, Automakers
Friday, September 15, 2023 - 1:07pm | 422Read More...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...
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10 Big 3 Auto Suppliers To Watch With UAW On Strike
Friday, September 15, 2023 - 11:42am | 735Read More...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...
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Joe Biden Interacts With UAW And Auto Leaders To Prevent Looming Strike
Friday, September 15, 2023 - 4:38am | 546Read More...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...
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UAW Strike: Hundreds Gather At Ford's Michigan Plant As Workers Walk Out On 'Detroit Three' Automakers
Friday, September 15, 2023 - 4:36am | 617Read More...Hundreds of individuals, including late-shift auto workers and their allies, congregated at a Ford Motor Company (NYSE:F) assembly facility in Wayne, Michigan, as the United Auto Workers (UAW) union members initiated their historic walkout. According to Reuters, the United Auto Workers (UAW) union...
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Carvana, ARM, Ford, MGM Resorts, Tesla: Why These Five Stocks Are Trending Today
Thursday, September 14, 2023 - 9:47pm | 734Read More...U.S. stocks ended Thursday in the green. The Dow Jones rose by over 330 points or 0.96% to 34,907.11. The NASDAQ and the S&P 500 also witnessed a rise, with the former increasing by 0.81% to 13,926.05 and the latter gaining 0.84% to 4,505.10. These are the top stocks that gained the attention...
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Ford CEO Farley Calls Upon UAW To Negotiate A Deal Before Strike Deadline
Thursday, September 14, 2023 - 5:20pm | 560Read More...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...
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No UAW Deal: US Automakers, Workers Face End-Of-Day Strike Deadline
Thursday, September 14, 2023 - 12:03pm | 833Read More...The odds of a United Auto Workers strike are 90%-plus, Evercore ISI analyst Chris McNally said Thursday. "A good compromise is when both sides are unsatisfied," McNally wrote in a note. "We are likely going to have a bunch of discontented people." What Happened: The union...
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Stand Up, Not Out: UAW's Strike Imminent — Union President Shawn Fain Just Rattled The Big 3's Cage
Wednesday, September 13, 2023 - 6:19pm | 694Read More...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....
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Tesla Already Dominates US EV Sector: What Could UAW Strike Mean For Competition, Market Share?
Wednesday, September 13, 2023 - 2:55pm | 854Read More...Factory workers at three U.S. automakers could strike as early as this week if a deal is not reached with the United Auto Workers union. The strike could lead to lower profits for automotive companies, higher auto prices for consumers and more market share gains for electric vehicle leader Tesla...
















