The recent labor agreements between the United Auto Workers (UAW) and Detroit's major auto manufacturers, which include substantial raises and benefits for workers, are celebrated by the UAW but may harm the long-term competitiveness of the auto sector.

Workers at Ford's two Louisville vehicle plants have voted against the proposed UAW contract by a narrow margin of 52% to 48%, going against the national trend.

Several automakers, including Honda and Subaru, are matching the wage increases negotiated by the United Auto Workers (UAW) with Detroit's three major automakers.

Workers at Ford, Stellantis, and General Motors are reviewing the new contracts proposed by their union and the Big Three automakers.

WeWork co-founder and former CEO Adam Neumann expressed disappointment over the company's Chapter 11 bankruptcy filing, stating his belief that with the right strategy and team, a reorganization could lead to success.

Citigroup is reportedly considering job cuts of at least 10% in several major business units as part of CEO Jane Fraser's reorganization efforts.

WeWork's stock price dropped nearly 50% to a record low amid reports that the company is considering filing for bankruptcy next week.

General Motors (GM) and the United Auto Workers (UAW) have reached a tentative agreement, ending a six-week-long coordinated strike against the Detroit Three automakers.

Negotiations between General Motors (GM) and the United Auto Workers (UAW) resumed in an effort to reach a labor contract deal and end a six-week-long strike.

Ford and the United Auto Workers (UAW) have reached a tentative labor agreement after a six-week negotiation.

In a significant escalation of the ongoing strike, the United Auto Workers (UAW) union called 5,000 members at General Motors' Arlington Assembly plant in Texas to walk off the job.

The United Auto Workers (UAW) union has expanded its strike to include 6,800 workers at a plant producing Ram 1500 trucks, affecting one of Stellantis' key vehicles.

General Motors (GM) has increased its offer to striking auto workers, matching Ford's proposed 23% wage hike and benefit improvements.

Ford Motor announced that it is laying off an additional 150 workers in Michigan due to the ongoing United Auto Workers (UAW) strike, bringing the total number of furloughed workers to 2,730.

The United Auto Workers (UAW) union, traditionally associated with the automotive industry, has diversified its membership to include a significant number of higher education workers, including graduate students, adjunct professors, and postdocs.

Longtime Costco CEO Craig Jelinek will retire at the end of the year, and he will be succeeded by Ron Vachris, who has been with the company for 40 years.

Bill Ford, the Executive Chairman of Ford Motor Co., urged an end to the United Auto Workers (UAW) strike, emphasizing the importance of the U.S. auto industry's future.

Rite Aid, a debt-laden U.S. pharmacy chain, has filed for bankruptcy protection and plans to close underperforming stores, sell its pharmacy benefit subsidiary Elixir, and address lawsuits related to the sale of addictive opioid medications.

United Auto Workers President Shawn Fain announced that the union will not initiate additional walkouts against Ford, General Motors, and Stellantis in their ongoing strike but emphasized their ability to mobilize workers as needed.

Nike's inventory units have decreased significantly, with a 10% year-over-year drop in inventory value, according to company executives.