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Workers from United Auto Workers Local 440 picket at an entrance of General Motors' Bedford Powertrain factory during national labor strike against GM. Photo: SOPA Images/Contributor/Getty Images

The United Auto Workers strike against General Motors will continue for at least another week as union members vote on whether to ratify a tentative contract agreement.

Why it matters: The unusual decision by some 200 local union leaders from GM plants around the country means the economic pain for the company, its employees and suppliers will continue to mount at least through Oct. 25, when voting at local union halls is scheduled to conclude.

Driving the news: GM and the UAW reached a tentative labor deal on Wednesday that provides raises and big bonuses with no increase in workers' out-of-pocket health care costs.

  • But it did not solve the contentious issue over plant closures throughout the United States.
  • Three of four plants that GM earmarked for closure last November will now be permanently shuttered.
  • No work is being transferred from Mexico, as UAW negotiators sought.
  • Missing from contract highlights provided to workers was any mention of GM's commitment to U.S. investments in plants or new products.
  • GM, according to a person familiar with the talks, had previously indicated the company would invest up to $9 billion in U.S. factories, including a battery facility in Lordstown, Ohio, near the site of its shuttered assembly plant.
  • A UAW spokesperson ducked questions about GM product commitments, saying the battery facility, for example, is not subject to the labor agreement.

Go deeper:

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Updated 40 mins ago - World

Mexican President López Obrador tests positive for coronavirus

Mexico's President Andrés Manuel López Obrador during a press conference at National Palace in Mexico City, Mexico, on Wednesday. Photo: Ismael Rosas/Eyepix Group/Barcroft Media via Getty Images

Mexican President Andrés Manuel López Obrador announced Sunday evening that he's tested positive for COVID-19.

Driving the news: López Obrador tweeted that he has mild symptoms and is receiving medical treatment. "As always, I am optimistic," he added. "We will all move forward."

56 mins ago - Politics & Policy

Sarah Huckabee Sanders to run for governor of Arkansas

Sarah Huckabee Sanders at FOX News' studios in New York City in 2019. Photo: Steven Ferdman/Getty Images

Former White House press secretary Sarah Huckabee Sanders will announce Monday that she's running for governor of Arkansas.

The big picture: Sanders was touted as a contender after it was announced she was leaving the Trump administration in June 2019. Then-President Trump tweeted he hoped she would run for governor, adding "she would be fantastic." Sanders is "seen as leader in the polls" in the Republican state, notes the Washington Post's Josh Dawsey, who first reported the news.

Coronavirus has inflamed global inequality

Illustration: Aïda Amer/Axios

History will likely remember the pandemic as the "first time since records began that inequality rose in virtually every country on earth at the same time." That's the verdict from Oxfam's inequality report covering the year 2020 — a terrible year that hit the poorest, hardest across the planet.

Why it matters: The world's poorest were already in a race against time, facing down an existential risk in the form of global climate change. The coronavirus pandemic could set global poverty reduction back as much as a full decade, according to the World Bank.