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☆ Canadian autoworkers vote on tentative deal with Ford
▼ + stars: | 2023-09-23 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Members of Canada’s autoworkers union, Unifor, began voting Saturday on a tentative three-year agreement the union announced it reached with Ford Motor Co. last week. Ford has said it will not comment on the terms of the tentative agreement while Unifor conducts its ratification vote. The provisional agreement comes as Ford is making headway in its negotiations with the United Auto Workers, the union representing American workers. “We do want to recognize that Ford is serious about reaching a deal,” UAW President Shawn Fain said Friday. The UAW said it did not have a comment on the terms of the Unifor deal with Ford.

Persons: Canada’s, Unifor, ”, —, “, Ford, Shawn Fain Organizations: CNN, Ford Motor Co, Stellantis, General Motors, United Auto Workers, Ford, UAW

☆ Unifor says Ford offers wage increases of 10% for first year
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

Sept 23 (Reuters) - Ford Motor (F.N) has offered Canadian union Unifor wage increases of up to 25% in its tentative agreement, the union said on Saturday. Unifor, which represents about 5,600 Canadian auto workers, on Friday said that its Ford leadership group has voted unanimously to support the tentative agreement. Ford is also in the midst of contract negotiations in the U.S. with a strike by the United Auto Workers (UAW) union at its at the automaker's Wayne, Michigan assembly plant. UAW President Shawn Fain said in a Facebook live event that by targeting distribution centers the strike becomes a nationwide event. A Reuters/Ipsos poll released on Thursday showed significant support by Americans for the striking auto workers.

Persons: Unifor, Ford, Shawn Fain, Joe Biden, Donald Trump, Gokul, Daniel Wallis, Alistair Bell Organizations: Ford, United Auto Workers, UAW, GM, Detroit, Reuters, U.S, Thomson Locations: U.S, Wayne , Michigan, United, Michigan, Bengaluru

Biden is running for re-election in 2024 and will likely face Trump, who is the frontrunner for the Republican presidential nomination. "The only reason Biden is going to Michigan on Tuesday is because President Trump announced he is going on Wednesday," the Trump campaign said in a statement late on Friday. Trump has called for rank-and-file union workers to ignore their leaders. United Auto Workers President Shawn Fain blasted Trump earlier in the week, saying the union was "fighting the billionaire class and an economy that enriches people like Donald Trump at the expense of workers." Workers on the picket lines had mixed feelings over whether Biden should visit.

Persons: Joe Biden, Jonathan Ernst, Biden, Donald Trump, I’ll, Trump, Jeremi Suri, Jimmy Carter, Biden's, CLASS, Shawn Fain, Theodore Roosevelt, Suri, Roosevelt, Henry Cabot, “, Laura Zielinski, ” Thomas Morris, Morris, Heather Timmons, Jeff Mason, Ben Klayman, David Gaffen, Kanishka Singh, Jarrett Renshaw, Matthew Lewis, Nick Zieminski, Alistair Bell, Timothy Gardner Organizations: Motors, REUTERS, WASHINGTON, United Auto Workers, Detroit, UAW, Republican, Friday, General Motors, Chrysler, Ford Motor, University of Texas, Washington, CLASS Trump, White House, Department of Labor, Workers, Thomson Locations: Detroit , Michigan, U.S, TOLEDO , Ohio, Michigan, United States, Austin, Detroit, Toledo , Ohio, Toledo, Philadelphia, Washington, New York

UAW President Shawn Fain, in a Facebook live event, said that by targeting distribution centers the strike becomes a nationwide event. Stellantis has said it wants to be able to consolidate and close some of its parts distribution centers. Nearly 13,000 UAW workers walked out at plants in Missouri, Michigan and Ohio on Sept 15. "GM and Stellantis are looking at stockholder value and Ford is looking a lot more long-term that they have to make friends with labor." Fain said on Friday that the union had negotiated the elimination of lower wage tiers in some components facilities at Ford and GM.

Persons: Fain, Shawn Fain, Joe Biden, Biden, Donald Trump, Thomas Morris, Stellantis, Phaedra Grant, Michael Swensen, Ford, Daniel Ives, Sam Fiorani, Ford's, David Shepardson, Joseph White, Jarrett Renshaw, Ben Klayman, Peter Henderson, Abhirup Roy, Jeff Mason, Nick Zieminski, Matthew Lewis Organizations: GM, Ford, United Auto Workers, Detroit, General Motors, Chrysler, UAW, REUTERS, Ford Bronco, Chevrolet, AutoForecast Solutions, Reuters, Thomson Locations: DETROIT, United, Michigan, California, Massachusetts, Oregon, Florida, Philadelphia, Langhorne , Pennsylvania, Kokomo , Indiana, Kokomo, Louisville , Kentucky, U.S, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit, San Francisco

☆ Biden visit to UAW strike would be historic move by US president
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +4 min

The UAW on Friday invited Biden to visit workers on its picket lines, and said that it would expand its Detroit strike to parts distribution centers across the United States at General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI). "It’s very rare for a president to visit strikers," said Jeremi Suri, a historian and presidential scholar at the University of Texas at Austin. The White House said the president appreciates the UAW invitation, saying Biden will continue to fight for workers, but but did not immediately commit to visiting the strikers. Biden said the automakers should "go further to ensure record corporate profits mean record contracts for the UAW," echoing sentiments by union leaders. Workers on the picket lines had mixed feelings over whether Biden should visit.

Persons: Joe Biden, Jonathan Ernst, Biden, Jeremi Suri, Jimmy Carter, Biden's, Donald Trump, Trump, Shawn Fain, Theodore Roosevelt, Suri, Roosevelt, Henry Cabot Lodge, “, Laura Zielinski, Heather Timmons, Ben Klayman, David Gaffen, Matthew Lewis, Nick Zieminski Organizations: Motors, REUTERS, WASHINGTON, United Auto Workers, UAW, Friday, Detroit, General Motors, Chrysler, Ford Motor, University of Texas, Washington, Trump, White House, Massachusetts, Department of Labor, Workers, Thomson Locations: Detroit , Michigan, U.S, TOLEDO , Ohio, United States, Austin, Detroit, Toledo , Ohio, Toledo, Washington, New York

UAW President Shawn Fain, in a Facebook live event, said that by targeting distribution centers the strike becomes a nationwide event. Fain said Ford had improved its contract offer, including boosting profit sharing and agreeing to let workers strike over plant closures but said the union still has "serious issues" with Ford. Nearly 13,000 UAW workers walked out at plants in Missouri, Michigan and Ohio on Sept 15. "GM and Stellantis are looking at stockholder value and Ford is looking a lot more long-term that they have to make friends with labor." Fain said on Friday that the union had negotiated the elimination of lower wage tiers in some components facilities at Ford and GM.

Persons: Phaedra Grant, Michael Swensen, Biden, Fain, Shawn Fain, Ford, Stellantis, Joe Biden, Karine Jean, Pierre, Shawn Fain's, Donald Trump, Daniel Ives, Sam Fiorani, Ford's, Mark Reuss, David Shepardson, Joseph White, Ben Klayman, Peter Henderson, Abhirup Roy, Jeff Mason, Nick Zieminski, Matthew Lewis Organizations: Ford, UAW, REUTERS, GM, United Auto Workers, Detroit, General Motors, Chrysler, Ford Bronco, Chevrolet, AutoForecast Solutions, Reuters, Republican, Detroit automakers, Thomson Locations: Louisville , Kentucky, U.S, DETROIT, United, California, Massachusetts, Oregon, Florida, Kokomo , Indiana, Kokomo, Michigan, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit, San Francisco

"Stellantis and GM in particular are going to need some serious pushing," Fain said Friday. Fain said Ford had improved its contract offer, including boosting profit sharing and agreeing to let workers strike over plant closures but said the union still has "serious issues" with Ford. "This is like union 101 in terms of divide and conquer, and put more pressure on GM and Stellantis," Ives added. GM, Ford and Stellantis have said they are making contingency plans for further U.S. work stoppages. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three Ford plants in the country.

Persons: Phaedra Grant, Michael Swensen, Biden, Fain, Shawn Fain, Stellantis, Joe Biden, Donald Trump, Ford, Daniel Ives, Ives, Karine Jean, Pierre, Mark Reuss, David Shepardson, Joseph White, Ben Klayman, Peter Henderson, Jeff Mason, Matthew Lewis, Nick Zieminski Organizations: Ford, UAW, REUTERS, Ford Union, GM, United Auto Workers, Detroit, General Motors, Chrysler, Ford Motor, Silverado, Ford Bronco, Chevrolet, Reuters, Biden, Republican, White, Detroit automakers, Thomson Locations: Louisville , Kentucky, U.S, DETROIT, United, California, Massachusetts, Oregon, Florida, Kokomo , Indiana, Kokomo, Michigan, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit, San Francisco

☆ Live updates: UAW strike expands significantly against GM and Stellantis
▼ + stars: | 2023-09-22 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

UAW President Shawn Fain speaks at a rally in Detroit on September 15. The UAW vastly expanded its strike against GM and Stellantis Friday, although none of the plants is particularly crucial to the automakers’ operations, surprising industry insiders – even experts who predicted the UAW would implement a targeted strike. Nevertheless, the strike marks the first time in history the UAW has struck at all three automakers simultaneously. In leaked messages obtained by CNN, United Auto Workers Union Communications Director Jonah Furman said the plan is to “keep them wounded for months." "They don’t know what to do… this is recurring reputations damage and operation chaos," Furman said in one of the leaked messages.

Persons: Shawn Fain, Matthew Hatcher, –, Fain, Jonah Furman, Furman, they’re, Joe Biden, Biden Organizations: Getty, White, UAW, GM, CNN, United Auto Workers Union Communications, Democratic Locations: Detroit, AFP

REUTERS/Michael Swensen Acquire Licensing RightsCHICAGO, Sept 21 (Reuters) - United Auto Workers (UAW) members rallied against the Detroit Three automakers in multiple U.S. states on Thursday afternoon as Friday's deadline loomed for a threatened expansion of the union's strikes. The UAW last week launched unprecedented, simultaneous strikes at one assembly plant each of General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI). UAW workers want to end a tiered wage structure that they say has created a large gap between newer and older employees, forcing some to work two jobs to make ends meet. On Thursday morning, Fain posted a video message on X, formerly known as Twitter, to UAW members about the Friday deadline, showing scenes from several Hollywood movies with the characters saying "tick tock." Fain has said Detroit automakers have not shared their huge profits with workers while enriching executives and investors.

Persons: Phaedra Grant, Michael Swensen, Ayanna Dixon, Shawn Fain, Fain, Ford, Stellantis, Joe Biden, Karine Jean, Pierre said, Ram, Morgan Stanley, Adam Jonas, Eikon, Mark Reuss, Reuss, Tesla, Bianca Flowers, Hyunjoo Jin, David Shepardson, Ben Klayman, Kannaki, Peter Henderson, Jamie Freed, Nick Zieminski, Matthew Lewis Organizations: Ford, UAW, REUTERS, Rights, United Auto Workers, Detroit Three, General Motors, Chrysler, Reuters, GM, GM's, Silverado, Detroit, Detroit Free Press, Toyota, Tacoma, EV, Thomson Locations: Louisville , Kentucky, U.S, Chicago, San Francisco, Louisville, Washington, Detroit, Bengaluru

The nation’s biggest automakers – and car buyers everywhere -- will learn Friday whether the United Auto Workers union will escalate its strike over a demand for higher wages, a shorter work week and other benefits. Fain said earlier this week he would call on workers at more plants to strike unless there was significant progress in contract negotiations with the carmakers. Bargaining continued Thursday, although neither side reported any breakthroughs, and they remained far apart on wage increases. The companies have laid off a few thousand more, saying some factories are running short on parts because of the strike. If the deal is ratified, Unifor expects that GM and Stellantis will agree to similar contracts for Canadian workers.

Persons: Shawn Fain, Fain, Louis, Unifor, Stellantis, ” Ford, “ It’s, Mark Truby, Jonah Furman Organizations: United Auto Workers, UAW, Ford, General Motors, Workers, Stellantis, Canadian, GM, Detroit News Locations: Detroit, St, Toledo , Ohio

☆ The UAW's strike strategy pits the Detroit 3 against each other — and leaves room for longer walkouts
▼ + stars: | 2023-09-22 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

Ford, GM, and Stellantis have expressed displeasure with the strategy. After Furman's messages leaked Thursday night, the Detroit car companies expressed their displeasure with the union's strategy. Ford and Stellantis called the messages "disappointing" and "disturbing," while GM said the message "calls into question who is actually in charge of UAW strategy." The idea was met with skepticism by many, who said that an all-out strike would quickly drain the UAW's strike resources. That leaves plenty in the union's $825 million strike fund as the work stoppage expands Friday.

Persons: Stellantis, Shawn Fain, Fain, Ford, Jonah Furman, didn't Organizations: UAW, Ford, GM, Service, United Auto Workers, Detroit, The Detroit News, Twitter, Detroit News, Deutsche Bank Locations: Wall, Silicon, Detroit, Michigan , Ohio, Missouri

ENGLE, N.M. (AP) — While the average lifespan of North America's largest and most rare tortoise species is unknown, biologists have said it could span upward of a century. The “safe harbor agreement” will facilitate the release of captive tortoises on the Armendaris Ranch to establish a free-ranging population. The tortoise is just the latest example of a growing effort to find new homes for endangered species as climate change and other threats push them from their historic habitats. Absent a willingness by wildlife managers to think more broadly, he said, species like the Bolson tortoise could have a bleak future. That work will include getting state and federal permits to release tortoises outside of the enclosures on Turner lands.

Persons: ENGLE, Ted Turner's, Martha Williams, Shawn Sartorius, ” Sartorius, It's, it's, Mike Phillips, Phillips, ”, can’t, ” Phillips Organizations: Fund, Fish, Wildlife Service, Fish and Wildlife Service, Turner, Species Fund, Southwestern, U.S . Fish, Wildlife Locations: N.M, America's, New Mexico, U.S, Southwest, Mexico, United States, Texas, Oklahoma, Southwestern U.S, Carlsbad, Turner

☆ Explainer: UAW expands strikes against GM, Stellantis in fight over new contract
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +6 min

People attend a UAW rally to support striking workers outside an assembly plant in Louisville, Kentucky, U.S., September 21, 2023. The UAW, which represents 46,000 GM workers, 57,000 Ford employees and 43,000 Stellantis workers, kicked off negotiations with the companies in July. Contract talks between the UAW and the Detroit automakers in past years had gone on until the strike deadline and beyond. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike. The UAW is pushing automakers to eliminate the two-tier wage system under which new hires can earn far less than veterans.

Persons: Michael Swensen, Shawn Fain, they’ve, Fain, Mark Reuss, Ford, GM's, Morgan Stanley, Adam Jonas, Biden, Tesla, Nathan Gomes, Paul Simao, Sriraj Kalluvila, Diane Craft, Anil D'Silva Organizations: UAW, REUTERS, United Auto Workers, General Motors Co, Ford Motor, General Motors, Chrysler, WHO, Ford, Detroit, Reuters, Ford Bronco, Chevrolet, Wall, GM, FROM, Detroit Free Press, EV, Deutsche Bank, Thomson Locations: Louisville , Kentucky, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Bengaluru, Washington

☆ UAW President Fain gives details of talks with automakers
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

** UAW won reinstatement of the cost of living allowance that was suspended in 2009. UAW "won a serious victory at CCA (Customer Care and Aftersales) and GMCH (GM Components Holdings) and we have killed those wage tiers. ** GM rejected proposals to convert temporary workers to permanent. At Stellantis:** Stellantis is offering a "deficient" cost-of-living allowance that is projected to provide zero increases to employees over the next four years. ** Stellantis rejected proposals to convert temporary workers.

Persons: Shawn Fain, Ford, Fain, Mehr Bedi, Maju Samuel Organizations: United Auto Workers, Detroit, General Motors, Chrysler, Ford Motor, UAW, Ford, GM, Sterling, Holdings, Thomson Locations: Bengaluru

☆ Striking auto workers target 38 new GM and Stellantis plants as strike enters second week
▼ + stars: | 2023-09-22 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

The United Auto Workers union expanded its strike on Friday, as the stoppage entered a second week. Striking workers are asking for pay raises and calling attention to how much their CEOs make. The UAW has other demands, including a 32-hour work week for 40 hours of pay and a restoration of traditional pension plans for newer workers. Fain said earlier this week he would call on workers at more plants to strike unless there was significant progress in contract negotiations with the carmakers. One week ago, workers went on strike a week ago at three assembly plants — a Ford factory near Detroit, a GM plant outside St. Louis, and a Jeep plant owned by Stellantis in Toledo, Ohio.

Persons: Ford, Shawn Fain, Fain, Friday, Louis, Mark Truby, Jonah Furman Organizations: United Auto Workers, Ford, UAW, Service, Motors, Stellantis, Detroit News, GM Locations: Wall, Silicon, Detroit, Wentzville , Missouri, Toledo , Ohio, St

☆ Detroit Three automakers enter final hours to avoid wider UAW strike
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] People attend a UAW rally to support striking workers outside an assembly plant in Louisville, Kentucky. REUTERS/Michael Swensen Acquire Licensing RightsDETROIT, Sept 22 (Reuters) - The Detroit Three automakers and the union representing the companies' U.S. hourly workers on Friday entered the final hours to reach new labor agreements before the current coordinated strike expands to include more plants. Fain has said the Detroit automakers have not shared their huge profits with workers while enriching executives and investors. The automakers have proposed 20% raises over 4-1/2 years, while the UAW is seeking 40%. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three Ford plants in the country.

Persons: Michael Swensen, Stellantis, Shawn Fain, Fain, Mark Reuss, Ford, David Shepardson, Joseph White, Ben Klayman, Peter Henderson, Matthew Lewis Organizations: UAW, Rights, Detroit Three, General Motors, Ford, Chrysler, GM's, Silverado, Ford Bronco, Chevrolet, Detroit, Reuters, Facebook, Detroit automakers, Thomson Locations: Louisville , Kentucky, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit

☆ Here's why Jim Cramer believes that fears about Starbucks in China are overblown
▼ + stars: | 2023-09-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim Cramer's, Jim, Shawn Fain, Ford Organizations: CNBC, Nasdaq, Dow, Treasury, U.S, Texas, Starbucks, United Auto Workers, General Motors, Club, Ford, UAW, GM Locations: China, Seattle, Shanghai

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

NEW YORK (AP) — The United Auto Workers' strike is getting bigger. Currently, UAW workers hired after 2007 don’t receive defined-benefit pensions. During walkouts, workers are set to receive about $500 a week in strike pay — far short of what they earn while they’re working. During a 40-day UAW strike in 2019, GM lost $3.6 billion. The UAW strike is also testing President Joe Biden’s claim that he’s the most pro-union president in U.S. history.

Persons: Ford, Shawn Fain, Fain, They’ve, “, ” Fain, ” Ford, Jonah Furman, Sam Fiorani, Joe Biden’s, Biden, Donald Trump, he’ll, Trump Organizations: United Auto Workers, UAW, General Motors, Stellantis, Motors, Detroit, Ford, GM, Detroit News, AutoForecast Solutions, Anderson Economic, White, autoworkers, U.S, Supreme, UPS, Teamsters, Cornell University Locations: United States, Korean, Detroit, Europe, Asia, U.S, Midwest, That’s, —

☆ Trump’s Populist Pivot
▼ + stars: | 2023-09-22 | by ( Susan Milligan | ) www.usnews.com time to read: +10 min

It's not surprising they're trying to bust out of the 2020 Trump coalition, because the 2020 Trump coalition is not sufficient for him to win. Several polls do show him somewhat improved among Black voters. A Quinnipiac University poll in September, for example, showed Trump with 25% support among Black voters. Abortion could be the most difficult pivot for Trump, since he is upsetting activists on both ends of the debate. There is no doubt in our minds who Donald Trump is and who Donald Trump would be if he were ever to return to the presidency."

Persons: There's, Donald Trump, Trump, Roe, ” Trump, Dobbs, Ron DeSantis, Joe Biden, Simon Rosenberg, Rosenberg, It's, Howard Schweber, Schweber, Biden, Shawn Fain, Mary Kay Henry, Henry, Debbie Dingell, Hillary Clinton's, Biden –, –, Clinton, Bill Clinton, didn't, – they're, they've, Trump's, Donald Trump Jr, Adrianne, Ryan Stitzlein, Stitzlein, ” Kristen Waggoner Organizations: GOP, Wade, NBC, Florida Gov, Trump, Democratic, University of Wisconsin, Madison, Wisconsin, United Auto Workers, Big, Republican, Union, Service Employees International Union, UAW, Black, Quinnipiac University, Pew Research Center, New Journey PAC, Supreme, Alliance Defending Locations: America, Wisconsin, Detroit, Michigan, Scranton , Pennsylvania, Shropshire

☆ Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make
▼ + stars: | 2023-09-22 | by ( Graham Rapier | Nora Naughton | Associated Press | ) www.businessinsider.com time to read: +10 min

"The reason we ask for 40% pay increases is because in the last four years alone, the CEO pay went up 40%. U.S. companies, in contrast, use grant date value of stock packages awarded to executives during the reporting year. AdvertisementAdvertisementThat's because in some years, talking about a CEO's "realized pay" can obscure exorbitant pay packages approved by company boards. AdvertisementAdvertisementThe CEOs of GM and Ford also saw their compensation packages peak in 2021, before declining slightly in 2022. However you slice the numbers, the gap between CEO pay and rank-and-file workers at all three companies is gigantic.

Persons: Mary Barra's, Shawn Fain, Fain, Mary Barra, James Farley, Jim Hackett, Stellantis, Carlos Tavares, Mike Manley's, Equilar, Tavares, That's, Manley, —, Harry Katz, Tesla, Elon Organizations: UAW, Service, United Auto Workers, Ford, GM, Netflix, Writers Guild of America, WGA, Comcast, Big Three, —, Motors, Chrysler, CBS, Big, General, AP, Equilar, Fiat Chrysler Automobiles, French PSA Group, Fiat Chrysler, Institute, Detroit, Cornell University, U.S Locations: Wall, Silicon, Stellantis, American, European

All three states lean heavily Republican in federal elections, yet Democrats currently control the governorship in two out of the three. As usual, we are rating these races on the following scale: Safe Republican, Likely Republican, Lean Republican, Toss-Up, Lean Democratic, Likely Democratic and Safe Democratic. The race moving in the Republican direction is Louisiana, which we’re shifting from Likely Republican to Safe Republican. But for now, we’ll keep it at Likely Republican. That may be in tune with Kentucky voters, who, despite the state’s Republican lean, rejected a 2022 ballot measure that would have enhanced the state’s ability to outlaw abortion.

Persons: There’s, Andy Beshear, Democrat John Bel Edwards, Republican Tate Reeves, Edwards, Jeff Landry, Shawn Wilson, Edwards –, Landry, Donald Trump, Stephen Waguespack, John Schroder, Sen, Sharon Hewitt, Hunter Lundy, Lundy, he’s, polluters, Wilson, Mason, Dixon, that’s, Republican Reeves isn’t, Brandon Presley, Phil Bryant, Brett Favre, Favre, Reeves hasn’t, drumbeat, Reeves, Democrat hasn’t, Jim Hood, Presley, Elvis Presley, Beshear, Steve Beshear, Daniel Cameron, Mitch McConnell, Joe Biden, Kentuckians, Cameron, He’s, Trump Organizations: Republicans, Democrat, Republican, Lean Republican, Lean Democratic, Democratic, Safe Democratic, Safe Republican, Louisiana Safe Republican, Republican Party, Republican Governors Association, Mississippi, NFL, University of Southern, Public Service Commission, Kentucky Lean Democratic, Gov, Beshear, Kentucky, Democratic Governors Association Locations: Kentucky, Louisiana, Mississippi, In Mississippi, Landry, Lundy, Brandon, Federal, University of Southern Mississippi, Cincinnati

☆ UAW President Shawn Fain: GM, Stellantis workers will strike at all parts, distribution centers
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW President Shawn Fain: GM, Stellantis workers will strike at all parts, distribution centersCNBC's Phil LeBeau reports on the latest news from the UAW.

Persons: Shawn Fain, Phil LeBeau Organizations: UAW

☆ UAW president invites Biden to join picket line as autoworker strikes expand to dozens of facilities
▼ + stars: | 2023-09-22 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Emily Elconin | Bloomberg | Getty ImagesUnited Auto Workers President Shawn Fain on Friday invited President Joe Biden to join the picket line as striking workers expanded their walkout to dozens more General Motors and Stellantis facilities. "We still have serious issues to work through, but we do want to recognize that Ford is showing that they're serious about reaching a deal," the UAW president said. Biden sided with the striking workers last Friday when the UAW launched its initial targeted strikes against three facilities in Michigan, Missouri and Ohio. Record profits at Ford, General Motors and Stellantis "have not been shared fairly, in my view, with the workers," Biden said during a brief address last Friday. Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023.

Persons: Shawn Fain, Emily Elconin, Joe Biden, Fain, Evelyn Hockstein, Biden, Bill Pugliano Organizations: GM, United Auto Workers, UAW, Bloomberg, Getty, Motors, General Motors, White, Marine, Washington , D.C, Reuters, Ford Locations: Detroit, United States, Washington ,, Michigan , Missouri, Ohio, Michigan, Auburn Hills , Michigan

☆ UAW President Shawn Fain has 'thrown out the playbook' in strike talks: WSJ's Tim Higgins
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW President Shawn Fain has 'thrown out the playbook' in strike talks: WSJ's Tim HigginsTim Higgins, Wall Street Journal reporter, joins 'Squawk Box' to discuss the latest in UAW strike, what to expect for the new round of strike at noon today, and more.

Persons: Shawn Fain, WSJ's Tim Higgins Tim Higgins Organizations: Wall Street Journal, UAW

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