The United Auto Workers on Tuesday expanded its strike to General Motors Co.'s GM, -0.10% Arlington, Texas, truck plant, where 5,000 workers have joined the strike. Arlington is GM's largest plant “

U.A.W. Expands Strike to G.M.'s Texas Plant

10:35am, Tuesday, 24'th Oct 2023
The union told 5,000 workers to step down at the plant, General Motors' largest in the United States, as it escalates its labor action at the three large U.S. automakers.
Paul Jacobson, General Motors CFO, joins 'Squawk Box' to discuss where things stand with the United Auto Workers' strike, how investors should consider the latest from the UAW strikes, and if GM is co
General Motors Company (GM) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $2.25 per share a year ago.
General Motors CFO Paul Jacobson discusses better-than-expected third-quarter results as the company removes profit guidance due to the ongoing UAW strike. Jacobson says the automaker is “not going
CNBC's Phil LeBeau reports on General Motors' latest earnings results.

GM earnings rise despite strike

07:57am, Tuesday, 24'th Oct 2023
General Motors' earnings grew last quarter, even as the company took a $200 million hit from the first two weeks of a strike by the United Auto Workers union.
General Motors Co.'s stock GM, -1.48% rose 2.5% early Tuesday, after the car maker blew past earnings estimates for the third quarter. The company had net income of $3.064 billion, or $2.20 a share, f
General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as costs related to the United Auto Workers strikes jumped to $200 million a week du
GM has been navigating ongoing strikes by the United Auto Workers after the union and Detroit automakers failed to reach labor deals by a Sept. 14 deadline.
Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the US-based automaker in the country, according to a union that
Many investors are probably upset that the yields of the 10-year treasury bonds are trading around 5%. It's true that higher bond yields do increases companies' borrowing costs and make stocks less at
GM has been hurting by rising interest rates, mounting competition, and a UAW strike.
General Motors Co. is slated to report third-quarter earnings before the bell on Tuesday amid another escalation of the auto workers strike.
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