tentative deal
31 Oct 2023
The largest US auto workers union and carmaker Ford have agreed to terms on a new contract that will see a 25 percent wage increase over four years. This means picketers will return to work at Ford's plants, but strikes at General Motors and Stellantis will continue. Also in this edition, we see how ad sales have boosted Meta's revenue and how the "Barbie" movie helped toymaker Mattel get out of a sales slump.
31 Oct 2023
The United Auto Workers union has announced a tentative deal with General Motors to end a six-week walkout. It comes after the union clinched deals with Ford and Stellantis, the other two companies disrupted by industrial action at the "Detroit Three".
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Find these stories and much more when you grab a copy of The Guardian on Friday.
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France has declared a state of emergency in its overseas territory of New Caledonia. Violence over a planned constitutional reform is threatening its already struggling economy. Plus, Boeing may face the criminal prosecution it had avoided back in 2021, with the US Justice Department accusing the planemaker of violating the terms of the deferred prosecution deal.