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The United Autoworkers Union has reached a tentative agreement with Ford. This comes after almost two weeks since the UAW reached a tentative agreement with General Motors that was ratified by the rank and file last week. The financial terms of that are used as a pattern by the union to get similar terms from Ford and Fiat Chrysler. Ford has 55,000 hourly workers in the US, more than the 46,000 who went on strike against GM for 40 days. There was no work stoppage at Ford.Big issues in talks with GM were terms for lower-paid workers who were in-progression or temporary workers. Similar to GM, Ford says 34% of its workforce is in-progression and 6% is temporary. The terms of this Ford agreement are not yet known.Here’s the official word from the UAW:The UAW Ford National Negotiators, UAW President Gary Jones along with UAW Vice President Rory Gamble, Director of the Ford Department, have announced that they have reached a proposed tentative agreement.“Our national negotiators elected by their local unions have voted unanimously to recommend to the UAW-Ford National Council the proposed tentative agreement,” Gamble said. “Our negotiating team worked diligently during the General Motors strike to maintain productive negotiations with Ford. The pattern bargaining strategy has been a very effective approach for UAW and its members to secure economic gains around salary, benefits and secured over billion in major product investments in American facilities, creating and retaining over 8,500 jobs for our communities.”“Out of respect for our members, we will refrain from commenting or releasing full details of the agreement until the UAW-Ford Council leaders meet and review the details,” Gamble added.Ford also released this statement: "Ford can confirm the UAW’s announcement that the UAW and Ford have reached a proposed tentative agreement on a four-year contract. Further details will be provided at a later date."UAW President Gary Jones thanked the national negotiators for their hard work. “Vice President Gamble, his staff and the Ford negotiating team have worked tirelessly to reach an agreement that preserves job security and rewards UAW Ford members for their quality work,” said Jones. “These were long and hard hours, but I feel confident they were able to secure a contract that protects our member’s future.”The UAW-Ford National Council will meet to go over details of the proposed Tentative Agreement. If adopted as a Tentative Agreement, it will go to all Ford hourly and salary members for a ratification vote. 2565

The six-week strike at General Motors will end up costing the automaker about .9 billion, the company said Tuesday.GM says worker strike cost company billionAlthough GM was unable to build any cars at American factories during the strike, it had built up an inventory of vehicles ahead of the walkout to give its dealers the supply of cars and trucks they needed to keep selling during the strike.But GM still lost money because factories in the United States, as well as some in Canada and Mexico, were idled during the walkout. The strike directly affected 31 GM factories and 21 other facilities, spread across nine states, mostly in the center of the country.The strike's cost in the final two weeks of the third quarter came to just under 0 million. GM will account for the rest of the loss this quarter, but it estimates the total loss will come to about per share, the company said Tuesday.GM was able to post a .3 billion profit in the third quarter, despite the strike and a 8 million drop in sales. The revenue from North American vehicle sales actually increased 1 million in the period as US sales rose 6%. International sales, which ironically had little impact from the strike, took a hit. The market for new car sales in China, GM's largest market, has slowed considerably in the last year, cutting GM's sales there by 16%.The results were not as bad as investors had expected, and shares of GM rose 1.5% in premarket trading following the report.GM insisted the four-year deal reached with the United Auto Workers union is a good one."Our new labor agreement maintains our competitiveness, preserves our operating flexibility and allows us to continue improving our quality and productivity," said CEO Mary Barra.The 1764

TOWSON, Md. — Home videos capture images of Deborah Limmer and her 5-year-old granddaughter, Delaney Gaddis, which now serve as painful reminders of two lives lost, leaving the young girl's father searching for words to describe 241

The Trump administration is dropping its designation of China as a currency manipulator in advance of the signing Wednesday of a Phase 1 U.S.-China trade agreement. The preliminary pact that the two sides are set to sign includes a section that's intended to prevent China from manipulating its currency to gain trade advantages. The action announced Monday comes five months after the Trump administration had branded China a currency manipulator — the first time that any country had been so named since 1994 during the Clinton administration. 558

'Tis the season to shop till you drop, but before you pull out your wallet, check out these tips on saving some cash.No, it’s not through couponing or searching for deals online. It starts with what you do when you walk through the doors of a store. Whether you're aware of it or not, a store is laid out in a very specific way to get you to spend more.Those huge shopping carts are always conveniently placed right as you walk in, but the small baskets seem harder to find. The store's hope is that you'll fill up that shopping cart with more items than if you had a small basket. Gone are the days of stores playing elevator music to create a sense of calmness. Now, it’s all about upbeat music to create a happy atmosphere, hoping you want to stay and shop longer. Just like speed bumps on a road, stores place tables, clothing racks and other obstacles around businesses to get customers to slow down and look at more items. How about those big signs that say, “buy one, get the next one half off?” Seems like a great deal, that is if you’re planning on buying two. If you only need one, buying another half off is still getting you to spend more than you were planning.And when you're ready to try on clothes, don't be tricked by the sale rack that’s usually placed right by the dressing rooms. It's one last chance for stores to get you to pick up more items. Oh and here's one last tip: you're going to see a lot of discount signs with 10, 20 maybe even 50% off an item, but consumer experts say nothing is a deal unless it's 30% off or more. 1561

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