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UAW Strike Could Be Coming: Who Gets The Most Blame From US Adults — Ford, GM, Stellantis, The Union Or Joe Biden?
Wednesday, September 13, 2023 - 1:36pm | 827Read More...A strike by the United Auto Workers (UAW) union could happen later this week if a deal is not reached by a Sept. 15 deadline. Here’s a look at the latest on the potential strike and how Americans feel about it and who the blame should be placed on. What Happened: The UAW union is...
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AOC Reminds Billionaire Who Thinks Employees Are Overpaid That CEO-To-Worker Pay Gap Is 'At Highest Levels Ever'
Wednesday, September 13, 2023 - 7:55am | 612Read More...Rep. Alexandria Ocasio-Cortez (D-NY) criticized Australian property mogul Tim Gurner for suggesting that workers are overcompensated while doing too little. What Happened: During the Australian Financial Review's Property Summit, Gurner, the founder of Gurner Group,...
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UAW's Fain Says GM's 10% Offer 'Insulting' As Contract Negotiations Break Down
Thursday, September 7, 2023 - 1:59pm | 534Read More...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...
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UAW President Slams Ford, GM, Stellantis For Delay Tactics In Contract Talks, Raises Political Implications: 'Our Members Are Fired Up'
Thursday, September 7, 2023 - 8:46am | 738Read More...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). With the existing labor agreements set to expire in a week, tensions are rising....
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Trump Says He Will Put An End To Biden's Electric Vehicle Push If Reelected, Promises 'Choice In Cars'
Tuesday, September 5, 2023 - 8:21pm | 724Read More...In a bid to influence voters in the critical state of Michigan, former U.S. President Donald Trump has vowed to put an end to the current administration’s push for electric vehicles (EVs). What Happened: On Monday, Trump posted a criticism of the EV industry and President Joe Biden’s...
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Have To 'Make Over $100,000 To Afford A New Car' - Former Ford CEO Says, While Talking Tesla's Price Cuts, Demand Issues
Friday, September 1, 2023 - 5:32pm | 587Read More...A former Ford Motor Company (NYSE: F) CEO is speaking out on the rising costs of vehicles, weakened demand and how a union strike could impact automotive companies moving forward. What Happened: Leading electric vehicle company Tesla Inc (NASDAQ: TSLA) recently announced price cuts to its...
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Union Files Unfair Labor Practice Charges Against GM And Stellantis Over Contract Talks: 'Insulting, Counterproductive And Illegal'
Friday, September 1, 2023 - 5:24am | 554Read More...United Auto Workers (UAW) has lodged unfair labor practice complaints against automakers General Motors Co. (NYSE:GM) and Stellantis NV (NYSE:STLA) with the National Labor Relations Board (NLRB), CNBC reported. The charges come in response to the companies not...
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Why United Auto Workers Union Is Not Yet Endorsing Biden Again For 2024
Thursday, May 4, 2023 - 7:15am | 331Read More...The United Auto Workers laborers’ union is reportedly holding back from endorsing Biden for a second term following disagreements on his EV policies. What Happened: UAW President Shawn Fain said that the government is allotting funds in billions to enable the transition to EVs without...
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General Motors An EV Leader? Musk Says That's 'Next Level Insanity' In Rant Against White House, Unions
Thursday, June 16, 2022 - 1:12pm | 588Read More...Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is once again griping about union involvement in politics and the automotive industry. What Happened: Recall how Tesla was excluded from an electric vehicle (EV) summit held on Aug. 5, 2021 at the White House. “Last year, President Biden held an EV...
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Tesla, UAW Haven't Talked About Potential Union Vote At EV Maker's Fremont Plant
Wednesday, March 30, 2022 - 3:29am | 459Read More...Tesla Inc (NASDAQ: TSLA) and United Auto Workers (UAW) have not held any discussions over a potential union vote by workers at the electric-car maker's Fremont factory, Reuters reported on Tuesday, citing the labor union President Ray Curry. What Happened...
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'Tesla Made Many Workers Millionaires:' Elon Musk Takes Swipe At UAW After $2.2M Scam At Labor Union
Wednesday, March 30, 2022 - 12:57am | 469Read More...Tesla Inc (NASDAQ: TESLA) CEO Elon Musk took a dig at United Auto Workers (UAW), a key North American labor union, following reports that a former official has pleaded guilty to charges that he embezzled more than $2 million in union money. What Happened: ...
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Do Tesla Employees Make More Than Those At GM? Here's What Mary Barra, Elon Musk Say
Tuesday, November 30, 2021 - 4:07pm | 749Read More...A battle between two automotive companies heated up this week with comments from the CEOs over employee wages and benefits. What Happened: General Motors Co (NYSE: GM) CEO Mary Barra was interviewed by Andrew Sorkin in early November at Dealbook. The interview is making its way around Twitter Inc (...
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End Game: Volvo Reopens Plant And Encourages Strikers To Come Back
Monday, July 12, 2021 - 10:34am | 728Read More...Volvo Trucks North America resumed production at its Virginia assembly plant on Monday, encouraging UAW strikers to come back to work under terms of its "last, best, final" offer. UAW Local 2069 voted down a third tentative agreement on Friday by closer margins than two previous proposed deals...
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Fintech Focus For December 15, 2020
Monday, December 14, 2020 - 7:36pm | 1454Read More...Quote To Start The Day: “The flame of democracy was lit in this nation a long time ago. And we now know that nothing — not even a pandemic or an abuse of power — can extinguish that flame,” Biden said in prepared remarks his transition team announced he would deliver at 7:...
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UAW President Says Talks Ongoing With GM, Ford, Chrysler On Restarting Auto Plants
Thursday, April 23, 2020 - 8:42am | 391Read More...The UAW is negotiating the safe reopening of automobile manufacturing plants shuttered amid the coronavirus pandemic. One of the union’s key demands is that workers who feel unwell should be allowed to self-quarantine without loss of pay, according to Reuters. On Wednesday, UAW...















