| Seeking Alpha

Strike pay increased for GM workers

The United Auto Workers is raising its weekly payout to General Motors (NYSE:GM) workers on strike to $275 (from $250), as a walkout against the automaker nears the end of its fourth week.

The union also said it would lift a restriction on members seeking part-time temporary work, signaling the two sides are no closer an agreement.

UAW's strike fund topped $750M heading into contract talks this summer, giving it a sizable amount of money to pay workers during the work-stoppage.

Comments

ProTradersNews-profile-image
ProTradersNews @ProTradersNews - 6 hours ago
$GM: UAW summons local leaders to Detroit: https://t.co/hfGzfbzQX2
newsfilterio-profile-image
newsfilter.io @newsfilterio - 6 hours ago
UAW summons local leaders to Detroit $GM https://t.co/RQct4Amijv
MarketCurrents-profile-image
Breaking News @MarketCurrents - 7 hours ago
$GM - UAW summons local leaders to Detroit https://t.co/iQZCk2VbNt
lokhorn-profile-image
loky @lokhorn - 7 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
mCryptoNews-profile-image
CryptoNews @mCryptoNews - 8 hours ago
The group of the largest automakers, including the largest automobile concerns BMW, General Motors, Ford, Renault a… https://t.co/3YerOq493W
DatHandsomeJerk-profile-image
FXR @DatHandsomeJerk - 8 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
Phrontrowalpine-profile-image
PhrontRowAlpine @Phrontrowalpine - 8 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
Stellan75-profile-image
Stellan Svensson @Stellan75 - 9 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
mhedberg718-profile-image
Consumer Cyclicals @mhedberg718 - 9 hours ago
$GM Do we see $39.13 next?  2.63 % change recently https://t.co/VPAvFPrqML
biogirl09-profile-image
Mallory Tompsett @biogirl09 - 10 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
TesLad_6-profile-image
TesLad @TesLad_6 - 10 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
CaptainMorg10-profile-image
Captain Morgan @CaptainMorg10 - 11 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
rocobasilisk-profile-image
rocobasilisk @rocobasilisk - 11 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
largelies-profile-image
Loic Argelies @largelies - 11 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…
RayMalbrough-profile-image
Ray Malbrough @RayMalbrough - 11 hours ago
RT @GerberKawasaki: GM is shut down, EV competitors never materialized and Tesla is dominating teh EV markets worldwide. And they are just…