The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday. UAW officials and striking workers on the picket lines had said their focus in the dispute with GM was on jobs, pay equity and fairness for workers who made concessions in 2009 to help GM through its government-led bankruptcy. GM announced the No. 1 U.S. automaker’s biggest restructuring since its 2009 bankruptcy, putting five North American plants on notice for potential closure and saying …read more
Source:: Yahoo Finance