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Auto Workers Strike

All articles tagged with #auto workers strike

politics2 years ago

"Political Calculations Surrounding Auto Strikes: Trump's GOP Foes, Biden's Involvement, and Labor's Impact"

GOP presidential candidates are navigating the politics of the auto workers strike, trying to tap into Trump's populist playbook without openly supporting the United Auto Workers (UAW). While some candidates, like Ron DeSantis and Vivek Ramaswamy, have voiced concerns over President Biden's electric vehicle push without directly courting the union, others, such as Tim Scott and Nikki Haley, have taken a harsher stance against the UAW itself. Trump, on the other hand, is trying to rally blue-collar support in Michigan and has called on the union to endorse him. The candidates are using the strike as an opportunity to blame Biden's policies, particularly his support for clean energy and electric vehicles, while also positioning themselves as pro-worker.

via POLITICO|
#auto-workers-strike#bidens-policies#gop-candidates
politics2 years ago

The Auto Workers Strike: A Political Opportunity for Republicans

Republicans, including former President Donald Trump, are seizing on the auto workers strike by the United Auto Workers (UAW) as an opportunity to challenge President Joe Biden's pro-labor stance and recapture the White House. The UAW is demanding a 40% pay raise, shorter hours, and better pensions, and Republicans believe they can gain support by highlighting economic discontent. Trump plans to address UAW members in Detroit next week to appeal to working-class voters, while other Republican candidates express sympathy for the strikers' grievances. However, the UAW has yet to endorse Biden's re-election bid, giving Republicans an opening to make inroads with its members.

via The Guardian US|
#auto-workers-strike#donald-trump#joe-biden
politics2 years ago

"Sept. 18: Lee aftermath, shutdown, strikes, UN, Libya - 5 key updates"

Former Vice President Mike Pence escalates attacks against former President Donald Trump ahead of the second GOP primary debate. Post-tropical cyclone Lee weakens after causing power outages and one death in Florida. Congress faces a spending deadline, with a government shutdown becoming increasingly likely. The United Auto Workers' strike against General Motors, Ford, and Stellantis enters its fourth day. World leaders gather in New York City for the UN General Assembly, discussing various pressing topics. The UN revises the death toll from the floods in Libya, with around 4,000 people reported dead. Five Americans detained in Iran are expected to be released today.

via CNN|
#auto-workers-strike#government-shutdown#hurricane-lee
finance2 years ago

Arm IPO Sends Stock Surging, Promising Future Growth and AI Opportunities

Stock futures in the US opened slightly higher following a strong rally in the previous session, with Dow Jones futures up 94 points, S&P 500 futures up 0.12%, and Nasdaq 100 futures down 0.1%. Adobe and Lennar reported better-than-expected quarterly results, but their stocks fell in after-hours trading. Newly debuted Arm Holdings saw a 7% increase in after-hours trading. A United Auto Workers strike shut down three key plants, impacting operations for GM, Ford, and Stellantis. China's retail sales and industrial production beat expectations in August, while fixed asset investment missed expectations. US crude oil prices reached a 10-month high, and the energy sector is on track for a 5% gain in September. Seven out of ten IPOs this year are trading below their debut price. The consumer discretionary sector led weekly gains for the S&P 500, with Tesla and Amazon among the top performers.

via CNBC|
#auto-workers-strike#china-retail-sales#finance
business2 years ago

"Auto Workers Strike Puts Biden's Pro-Union Stance to the Test"

The United Auto Workers (UAW) is threatening to strike against major automakers if tentative contact agreements aren't reached, potentially reshaping the political landscape in Michigan and causing economic shockwaves nationwide. The strike could lead to car shortages, layoffs in auto-supply industries, and impact the nation's gross domestic product. President Joe Biden, who claims to be the most pro-union president in U.S. history, faces the test of supporting the UAW while also navigating criticism from former President Donald Trump. The outcome of the strike could have significant political implications for Biden and the UAW's support in future elections.

via The Associated Press|
#auto-workers-strike#business#joe-biden