Sep 17, 2019

Podcast: GM workers on strike

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U.S. jobs are key issue as GM strike drags on

Striking GM workers at a powertrain plant in Bedford, Ind. Photo: Jeremy Hogan/SOPA Images/LightRocket via Getty Images

The United Auto Workers (UAW) strike against GM is now 24 days old, with the UAW's chief bargainer telling members Tuesday evening that job security remains a key sticking point.

Why it matters: The economic damage is spreading. In addition to the 49,000 striking workers, another 100,000 non-UAW employees at GM and its suppliers are out of work because there's nothing for them to do, according to Anderson Economic Group.

Go deeperArrowOct 9, 2019

Podcast: Unicorns of the IPO apocalypse

Dan digs into the recent IPO troubles for high-valued tech companies, and what the future holds, with Axios Markets editor Dion Rabouin.

Go deeper: The unicorn myth exposed

Keep ReadingArrowSep 30, 2019

Striking GM workers say labor talks have "taken a turn for the worse"

United Auto Workers striking. Photo: Jeremy Hogan/SOPA Images/LightRocket/Getty Images

The United Auto Workers said in a letter Sunday that negotiations for a new 4-year labor contract between General Motors and its striking workers have "taken a turn for the worse" after the union rejected GM's latest proposal, according to Reuters.

Why it matters: UAW's GM members have been participating in the nation's first auto strike in 12 years. 21 days in, the United States' largest automaker and its 48,000 picketing workers are both beginning to experience financial strain.

Go deeperArrowOct 6, 2019