Posts Tagged ‘GM’
General Motors (GM) Makes Major RTW Michigan Investment
General Motors (GM) is investing a total of $7 billion in order to expand in Right to Work Lansing, Michigan. As a result, this will also create 4,000 new jobs.
Read MoreUAW official charged with embezzlement to appear in U.S. court
DETROIT (Reuters) – A former United Auto Workers board member charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars of rank-and-file members’ dues is scheduled to appear in federal court in Detroit on Tuesday. The court appearance of Vance Pearson, 58, comes just days after General Motors Co filed a…
Read MoreAmidst the UAW Strike More Union Bosses are Indicted
Amidst the GM strike of 48,000 members, the government continues to identify and arrest United Auto Workers (UAW) officials.Â
Read MoreUAW Strikes General Motors to the Possible Tune of $90 Million Per Day
United Auto Workers (UAW) bosses called a strike Saturday night as they held out for more, more more from General Motors (GM). About 48,000 UAW members walked out Saturday evening. Bank of America analysts predict the strike could cost GM as much as $90 million per day. As a result, GM shares are down nearly…
Read MoreUAW and GM Strangely Silent on GM Stock Sale
Sean Higgins comments on the notable lack of response fromthe UAW and the AFL-CIO. The sale meant that taxpayers were losing $10 billion, so some extra justification was necessary. GM officials have taken a similar stance even as they say they are glad to be out of receivership. One group that was noticeably quiet was…
Read MorePresident Obama ‘Believes He Can Take Ohio Voters For Fools’
Ohioans Are No Fools: Obama Did NOT Save Your … – Forbes Union members campaign for Obama on frontline of … – The Guardi It is a matter of conventional wisdom among media pundits that whichever candidate wins Ohio in this year’s presidential race will also emerge triumphant nationwide on November 6. The consensus view may or may…
Read MoreWhite House Favoritism Toward UAW Brass Costly to Taxpayers
Auto Bailout or UAW Bailout? Taxpayer Losses Came from … Obama did not save Detroit“Ž Washington Examiner On the campaign trail, President Obama stubbornly continues to defend his Administration’s handling of the 2009 bankruptcies of United Autoworkers (UAW/AFL-CIO) union boss-controlled General Motors and Chrysler. But as a new study (see the first link above) coauthored by…
Read More