Bond.az White LogoBond.az Black Logo

UAW Calls Midnight Strike at GM Axle Plant

UAW calls midnight strike at GM axle plant in Michigan. Workers demand wage hikes after years of concessions.

Grace Lewis
ByGrace Lewis- Senior Editor
|
0

United Auto Workers President Shawn Fain on Sunday called for a strike at a Michigan factory that makes axles for GM pickup trucks.

Workers at the Dauch Corp plant in Three Rivers will walk off the job at midnight (0400 GMT). About 1,000 unionized workers are employed there.

GM said it is closely monitoring the situation and assessing any potential impact.

The union demands wage increases after workers took pay cuts in 2008 to keep the plant open. Top pay is now $22 per hour, down from $29 in 2008.

More News
Today / 04:03
|
356

Asia stocks rise on AI optimism

Asian stocks rise on AI optimism; KOSPI hits record high on Nvidia buzz. Get market analysis at Bond.az.

0
Today / 04:02
|
823

Japan's Nikkei tops 67,000 for first time

Japan's Nikkei tops 67,000 for the first time as SoftBank becomes the most valuable company, driven by AI shares.

0
Today / 04:02
|
646

Star Sydney fined $7.2M for risk failures

Australian state regulator fines Star Sydney $7.2 million for risk management failures. The NICC imposed the fine for thousands of breaches.

0
Today / 03:02
|
392

LG shares hit record high on Nvidia partnership talk

LG shares hit a record high on speculation of expanded AI and robotics partnership with Nvidia. Huang's Seoul visit anticipated.

0
Today / 02:30
|
747

Samsung, LG Shares Rally Ahead of Nvidia CEO Meetings

Samsung and LG shares rally as Nvidia CEO Jensen Huang prepares to meet Korean executives, boosting hopes for AI and robotics partnerships.

0
Today / 02:00
|
370

Berkshire buys homebuilder Taylor Morrison

Berkshire Hathaway acquires Taylor Morrison for $6.8B cash. The deal includes a 24% premium and is expected to close in 2026.

0
Today / 01:32
|
254

US stock futures rise on Iran peace deal, payrolls

US stock futures rise on hopes of Iran peace deal and ahead of key payrolls data this week.

0
Today / 01:31
|
741

Asia stocks rise on AI boom

Asia stocks rise on AI boom, offsetting Gulf risks. Nikkei, Nvidia, Fed rate decisions covered.

0
Today / 01:02
|
828

Tesla resolves graphite supply default with Syrah

Tesla and Syrah Resources resolve graphite supply dispute. Tesla withdraws default notice, Syrah shares jump 38%.

0
Yesterday / 23:00
|
956

Dell XPS 13: $699 laptop challenges MacBook Neo

Dell launches XPS 13 laptop at $699, targeting students and competing with Apple's MacBook Neo. Learn about features and pricing.

0
Yesterday / 21:32
|
719

Berkshire Hathaway to buy Taylor Morrison for $8.5B

Berkshire Hathaway acquires Taylor Morrison for $8.5 billion. Cash offer of $72.50 per share.

0
Yesterday / 21:30
|
567

Russia stocks lower; MOEX unchanged | Bond.az

Russia stocks lower at close, MOEX Index unchanged. Best and worst performers on Moscow Exchange, plus commodity and currency updates from Bond.az.

0
...
UAW Calls Midnight Strike at GM Axle Plant | Bond.az