Auto workers are counting the minutes to tonight's midnight deadline with Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). The United Auto Workers union (UAW) is preparing to strike if its employers do not agree to their contract demands. Arm Holdings (ARM) excelled in its IPO debut today as investors eye how the stock will perform in its first full day of trading on Friday. Lastly, Apple (AAPL) will be accepting preorders for its newly unveiled iPhone 15 tomorrow. Yahoo Finance Live's Seana Smith highlights the top stories investors anticipate for Friday, September 15.
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The owner of sports drink company BioSteel says it has filed for creditor protection in the U.S. and Canada and is trying to find a buyer for the business.Ontario-based Canopy Growth, the largest cannabis company in North America, said in a news statement Thursday that it has ceased funding BioSteel Sports Nutrition Inc., and that BioSteel has commenced proceedings under the Companies Creditors Arrangement Act .
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Arm IPO, UAW strike, Senate's AI forum 3 ThingsAuto workers’ contracts with the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — are set to expire at midnight. The United Auto Workers (UAW) union has threatened executives with the likelihood of a strike if certain benefits and wage demands were not met. Tech’s top names attended a forum on AI organized by Senate Majority Leader Chuck Schumer (D-NY) on Wednesday to discuss the need for proper regulation of artificial intelligence. Lastly, chipmaker Arm Holdings (ARM) is set to go public today on the Nasdaq, priced at $51 per share. Analysts are paying extra close attention to Arm’s IPO and its valuation for its significance to the IPO market and the tech industry’s pivot to generative AI. Yahoo Finance Live hosts Julie Hyman and Brad Smith provide a deeper analysis of this week’s top headlines.
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UAW president: lot of work remaining to reach auto labor deals(Reuters) - United Auto Workers (UAW) union President Shawn Fain said on Wednesday that progress is slow as talks continue with the Detroit Big Three ...
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UAW president: lot of work remaining to reach auto labor deals(Reuters) - United Auto Workers (UAW) union President Shawn Fain said on Wednesday that progress is slow as talks continue with the Detroit Big Three ...
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Japanese Auto-Parts Maker Frets Over Supply-Chain Hit From a UAW StrikeAisin Corp., a major Japanese car parts manufacturer, is worried a strike by the United Auto Workers against Detroit automakers would have a much broader impact, according to the company’s top US executive.
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Looming UAW Strike Deadline Casts Pall Over Detroit Auto ShowA looming strike deadline set by the United Auto Workers is on lot of minds as the North American International Auto Show gets underway this week in Detroit, but few people on the show floor are talking about it.
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Detroit Three strike deadline nears as sides remain far apartU.S. automakers and union negotiators offered little hope a deal would be reached on Thursday to avoid a midnight walkoff that would be the United Auto Workers' first-ever simultaneous strike against the Detroit Three carmakers. The UAW on Wednesday outlined plans for a series of strikes targeting individual, undisclosed U.S. auto plants if agreements are not reached by 11:59 p.m. EDT on Thursday (0359 GMT on Friday), rather than a full walkout. 'To win, we're likely going to have to take action,' UAW President Shawn Fain said on Wednesday.
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