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Detroit auto makers and the United Auto Workers Union have yet to reach new contract deals

as a strike deadline looms in the next few hours. And shares of chip designer arm jump in its

U.S. market debut. Plus, disruptions continue on the Las Vegas strip after MGM was hit by a cyber

attack. I haven't seen anything like this since Vegas during the pandemic when there were like

hand washing stations on the casino floor. It's Thursday, September 14th. I'm Amary for Toli

for the Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories

that moved the world today. There are just a few hours left for Detroit's auto makers to reach

new labor packs with the United Auto Workers Union, or risk a strike that could bring significant

disruptions to the auto industry. The labor contracts cover about 146,000 U.S. factory workers.

The union end the three auto makers, General Motors, Ford and Jeep Maker Stellantis,

are facing a deadline of 1159 PM Eastern time to reach a deal. Our auto industry reporter Nora

Eckert has been covering the negotiations. I can tell you things aren't looking good to reach a

deal. Bargaining is expected to continue later into the day, so we might see some changes.

But as of now, it's looking pretty likely that we'll see a strike at one, two, or three companies,

come 1159 tonight. This union is under a new leader, his name is Sean Fein, and he's taking a very

different approach to how they're going out on strike. So they're doing what's called a stand-up

strike, and it's a targeted approach where they pick one or a few factories at each automaker

and take those out on strike. So as opposed to doing a full walk out, like we saw at GM in 2019,

...