Strike Update

Here’s the latest on the UAW strike. Officials tell reporters a tentative four year contract gives workers a mix of pay raises, lump sum payments and an $11,000 signing bonus. In return, the contract allows GM to proceed with factory closures in Lordstown, Warren and in Maryland. Union officials are meeting to decide if they’ll approve the deal. Workers went on strike on Sept. 16, crippling the company’s U.S. production and costing it an estimated $2 billion.

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