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Ford (F) shares climbed over 3% in recent premarket trading after the Detroit automaker said that it is reducing its debt by more than $4 billion – primarily by retiring debt owed to the UAW ...
But the union failed to reach all of its demands, which included a restoration of health care coverage for retirees, as well as a return of traditional pension plans for those hired since 2007 ...
Automaker General Motors is getting itself out of hock with the UAW. On Monday, GM announced that it has agreed to buy back from the UAW Retiree Medical Benefits Trust (UAW VEBA) 120 million ...
The UAW Retiree Medical Benefits Trust, with more than $45 billion in assets as of June 2010, and $58.8 billion as of March 2014, is the world's largest VEBA. [7]
DETROIT (Reuters) -United Auto Workers leaders approved a tentative deal Sunday with Ford that includes a pay hike of at least 30% for full-time workers and could more than double pay for others ...
The UAW-Ford Joint Trust Center is a tall building in Hart Plaza, Downtown Detroit, Michigan. The high-rise building was constructed in 1948–1950 as the Veterans Memorial Building . It stands at 41 m (135 ft) in height, with 10 above-ground floors.
Ford workers in Dearborn were among the final UAW members to cast votes on the historic 2023 UAW contract. Ford workers ratify historic 2023 UAW contract with 69.3% support for wage hikes ...
UAW members hug outside of Local 900 across from Ford's Michigan Assembly Plant in Wayne after the announcement of UAW and Ford reacing a tentative agreement on a contract on Wednesday, Oct. 25, 2023.