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Headline Roundup October 16th, 2019

Tentative Deal Ends UAW-GM Strike

Summary from the AllSides News Team

A tentative deal was reached Wednesday between the United Auto Workers (UAW) and General Motors (GM) to end a month long strike involving more than 40,000 GM employees. The supposed end of the 31-day strike saw GM's share value increase by about 2%, despite having lost an estimated $1.5 billion in profit.

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General Motors, United Auto Workers reach tentative deal to end 31-day strike
General Motors, United Auto Workers reach tentative deal to end 31-day strike

New York Post (News)

News

General Motors and the United Auto Workers on Wednesday reached a tentative settlement to end a strike that has dragged on for 31 days.

The auto company and the union have reached an agreement in principal, and will send the agreement to the UAW’s national council to vote tomorrow, representatives from GM and the UAW confirmed in separate statements.

The strike hasn’t ended yet, and union members could still reject the proposal, according to an announcement by the union.

Open on New York Post (News)
GM, UAW agree on tentative labor contract that could end a monthlong strike by 48,000 workers
News

DETROIT — General Motors and union leaders have reached a tentative deal on a new labor contract that could end the United Auto Workers’ monthlong strike against the automaker, the UAW said Wednesday.

Details of the proposed deal were not immediately available. However, the union’s roughly 48,000 members with GM are expected to receive raises and bonuses as part of the accord.

Open on CNBC
Deal reached to end GM strike
News

New York (CNN Business)Negotiators from General Motors and the United Auto Workers union have reached a tentative deal to end a 31-day strike by nearly 50,000 workers.

Details of the agreement were not immediately available. The deal was confirmed by Terry Dittes, the UAW's chief negotiator with GM.
The tentative agreement needs the approval of both union leadership as well as the rank-and-file union members at GM before it can take effect. UAW officials from across the country were already set to meet in Detroit on Thursday. That had been...

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