Business Highlights: Fed poised to leave rates unchanged; Auto workers threaten to escalate strike

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Business Highlights: A summary of the day’s top stories in the business world.

Carmakers and the United Auto Workers are talking. No signs of a breakthrough to end the strike

The auto workers’ strike against Detroit’s Big Three is now in its fourth day. There were no signs Monday of an early breakthrough that might end the strike, and the United Auto Workers have threatened to escalate their walkout against Ford, General Motors and Stellantis. President Joe Biden is sending his acting Labor secretary and another top aide to Detroit early this week to see what they can do to bring the two sides together.

LOS ANGELES — ABC will be airing more “Monday Night Football” games than originally planned. An additional 10 games originally set to appear only on ESPN will be simulcast on ABC. The move is because of the ongoing strikes by the Writers Guild of America and the Screen Actors Guild-American Federation of Television and Radio Artists against the Alliance of Motion Picture and Television Producers, which represents Disney, Netflix, Amazon and others.

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Canadian lender BMO to wind down retail auto finance business By ReutersCanadian lender BMO to wind down retail auto finance business
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Canadian lender BMO to wind down retail auto finance businessBank of Montreal (BMO) is winding down its retail auto finance business and shifting focus to other areas in a move that will result unspecified number of job losses, Canada's third largest bank said on Saturday.
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