U.A.W. Strike Hits 3 Plants as It Seeks Big Raises and Other Gains
Posted inBarra, Mary T Biden, Joseph R Jr Electric and Hybrid Vehicles Executive Compensation Factories and Manufacturing Fain, Shawn Farley, James D Jr (1962- ) Ford Motor Co General Motors Inflation (Economics) Labor and Jobs Michigan Missouri Ohio Organized Labor Shortages Shutdowns (Institutional) Stellantis NV Strikes Tavares, Carlos Tesla Motors Inc United Automobile Workers United States United States Economy United States Politics and Government Wages and Salaries

U.A.W. Strike Hits 3 Plants as It Seeks Big Raises and Other Gains

The union targeted one factory run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.
UAW Standoff Poses Risk for Biden’s Electric Vehicle Commitment
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles Factories and Manufacturing Fain, Shawn Farley, James D Jr (1962- ) Ford Motor Co General Motors Inflation Reduction Act of 2022 Labor and Jobs Michigan Midwestern States (US) Organized Labor Presidential Election of 2024 Stellantis NV Strikes Tesla Motors Inc United Automobile Workers United States Economy United States Politics and Government Wages and Salaries

UAW Standoff Poses Risk for Biden’s Electric Vehicle Commitment

A looming auto industry strike could test the president’s commitment to making electric vehicles a source of well-paying union jobs.
Investors See Hope for a Debt Limit Deal
Posted inBiden, Joseph R Jr Brin, Sergey Chevron Corporation Commerce Department Congressional Progressive Caucus Democratic Party Exxon Mobil Corp Farley, James D Jr (1962- ) Ford Motor Co House of Representatives Illumina Inc Internal Revenue Service internal-storyline-no Jayapal, Pramila Lazard LLC McCarthy, Kevin (1965- ) Microsoft Corp OpenAI Labs Orszag, Peter R Pichai, Sundar Republican Party Smith, Bradford L Treasury Department

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.