UAW reaches deals with Detroit’s Big Three

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News, Business

4.5 • 1.4K Ratings

🗓️ 30 October 2023

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

Holdout GM reached deal with autoworkers’ union this morning; COVID-19 antiviral treatments to be distributed by commercial health insurance; McDonald’s reports strong profits on promotional sales; Southwest likely to face regulatory fine over customer service failures.

Transcript

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0:10.5	Visit BetterHelp.com slash Marketplace Minute today
0:13.5	to get 10% off your first month.
0:17.5	The United Autoworkers Union has reached tenet of agreements
0:20.7	with all three of Detroit's big automakers.
0:23.5	I'm Nova Safa with a Marketplace Minute.
0:26.0	GM was the last, the UAW reached a deal with the automaker
0:29.3	this morning, Stellantis, over the weekend,
0:31.8	Ford last week, strikes at the big three
0:33.8	started September 15,
0:35.8	and they officially end of workers ratify the agreements.
0:39.8	Starting Wednesday, the government will hand over
0:41.8	distribution of COVID antiviral treatments
0:44.3	to the commercial health insurance market,
0:46.3	just as it has with COVID vaccines.
0:48.8	Officials expect most people will retain access
0:51.8	at little or no cost.
0:53.8	McDonald's today reported that revenues
0:55.8	soared 14% in the three months ending in September.
	...

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