UAW strike: Auto industry at a 'critical moment,' expert says

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Auto workers are expanding their strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — to 38 of GM's and Stellantis' parts and distribution centers. Center for American Progress Senior Director of Employment Karla Walter joins Yahoo Finance Live to discuss what the United Auto Workers (UAW) strike means for the auto industry. “We’re really at this critical moment in the industry, where we’re not just looking at labor negations, but we’re looking at a push towards what does the future mean in terms of electric vehicles,” Walter explains. Walter notes that there are three things “happening at once' here: “We see automakers really making investments here, we see the federal government investing in these companies [to make sure] we remain competitive as a sector,” Walter says. 'And [then], we see workers saying… 'we’re a part of this sector too, and we deserve to be rewarded for the wealth we help create.'” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Tina Turner was a singer, songwriter and actress. Known as the "Queen of Rock 'n' Roll".Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war

FRANKFURT, Germany — Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel. The increase also complicates the global fight against inflation and feeds Russia's war chest. That poses problems for politicians as well as the people having to spend more to get to work, transport the world's goods or harvest fields.

The United Kingdom's Competition and Markets Authority provided provisional approval on Monday for Microsoft 's restructured acquisition of game developer Activision Blizzard . The announcement was well-received by the UK's merger and acquisition sector, following previous approvals from the U.S. and E.U. The $68.

 

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