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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

The Trump administration on Monday said the entire Affordable Care Act should be struck down, in a dramatic reversal.In a filing with a federal appeals court, the Justice Department said it agreed with the ruling of a federal judge in Texas that invalidated the Obama-era health care law.In a letter Monday night, the administration said "it is not urging that any portion of the district court's judgment be reversed.""The Department of Justice has determined that the district court's comprehensive opinion came to the correct conclusion and will support it on appeal," said Kerri Kupec, spokesperson for the Justice Department.It's a major shift for the Justice Department from when Jeff Sessions was attorney general. At the time, the administration argued that the community rating rule and the guaranteed issue requirement -- protections for people with pre-existing conditions -- could not be defended but the rest of the law could stand.After the Justice Department took that position, federal District Judge Reed O'Connor struck down the entire law and the case is currently before a federal appeals court.The Trump administration would not defend the law in court so a coalition of 21 Democratic states led by California stepped in."This lawsuit is as dangerous as it is reckless. It threatens the healthcare of tens of millions of Americans across the country -- from California to Kentucky and all the way to Maine," said California Attorney General Xavier Becerra in a statement. "The Affordable Care Act is an integral part of our healthcare system. ... Because no American should fear losing healthcare, we will defend the ACA every step of the way." 1677

The Tennessee National Guard just laid down their shields upon being requested to do so by peaceful protesters at the Tennessee State Capitol. Life and justice win. This is my Tennessee! pic.twitter.com/aeoroFxWG4— Jason Powell (@JasonLPowell) June 2, 2020 269

Treasury Sec. Steve Mnuchin said Friday that the IRS is moving the tax filing deadline from April 15 to July 15.Mnuchin made the announcement on Twitter, saying the move came at the direction of President Donald Trump."All taxpayers and businesses will have this additional time to file and make payments without interest or penalties," Mnuchin said. 362

'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