UAW and GM Reach Tentative Four Year Contract
The UAW and General Motors announced a tentative four year deal with significant wage gains and job security. Local UAW leaders will vote after a Detroit meeting, with ratification ballots to follow nationwide. The agreement closely mirrors FCA terms with a top pay target of 29 dollars an hour in eight years and improved bonuses and profit sharing expected.
MENTIONED IN THIS ARTICLE
Detroit
UAW
General Motors
GM Council
Dennis Williams
FCA
Fiat Chrysler Automobiles
Uaw-Gm
Internet providers questioned on advertised speeds by New York AG
New York attorney general asks Time Warner Cable, Cablevision and Verizon to prove broadband speeds and discloses service levels since 2013. The inquiry seeks total broadband customers since 2011, consumer disclosures, claims substantiation, complaint records, and interconnection agreements.
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Albany
N.Y
New York
Time Warner
Cablevision
Verizon
No Fed rate hike likely as it monitors global pressures
The Federal Reserve faces a global slowdown led by China and softer U.S. data. Analysts see a December hike as possible but unlikely, with inflation near target and job growth cooling. External pressures keep policy cautious while the Fed weighs inflation against growth risks.
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Washington
Federal Reserve
Fed
Janet Yellen
China
U.S
Diane Swank
Mesirow Financial
Chicago
Central Bank
United States
Trump takes credit for Ford jobs move. Kasich disputes claim
In Columbus Donald Trump touts Ford truck plant shifts as proof of job recovery, citing a 2011 investment move to Avon Lake Ohio. Ford explains plans were set in 2011 long before any campaign. Kasich counters that state leadership and a team effort brought jobs back from Mexico to Ohio years ago.
MENTIONED IN THIS ARTICLE
Columbus
Donald Trump
Ford Motor Co
Mexico
Lorain County
Trump
Ford
Ohio
CNN
Hillary
Ben
Jeb
Hillary Clinton
Ben Carson
Florida
Jeb Bush
Avon Lake
Ohio Assembly
U.S
John Kasich
Kasich
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