Business Highlights: UAW strike expands to 20 states; Wall Street's worst week in 6 months

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Business Highlights: UAW strike expands to 20 states; Wall Street's worst week in 6 months
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Business Highlights: A summary of the day’s top stories in the business world.

The UAW strike is growing. What you need to know as more auto workers join the union’s walkouts

NEW YORK — The United Auto Workers’ strike is getting bigger. One week into the union’s historic work stoppages against major car makers, the UAW on Friday walked out of dozens of more factories across 20 states. The UAW’s targeted strikes against General Motors, Stellantis and Ford began after the union’s contract with the companies expired at midnight on Sept. 14. At the time, 13,000 workers walked out of three assembly plants.

WASHINGTON — The White House is preparing to direct federal agencies to get ready for a shutdown after House Republicans left town for the weekend with no viable plan to keep the government funded. Speaker Kevin McCarthy says the House will return next week to start voting on the latest plan. He has just five days until the Sept. 30 deadline. A hard-right flank of Republicans has essentially seized control and is demanding spending cuts.

NEW YORK — Rupert Murdoch is stepping down as leader of both Fox’s parent company and his News Corp. media holdings. Fox says he will become chairman emeritus of both corporations. His son, Lachlan, will control both companies. The 92-year-old Australian media magnate’s creation of Fox News made him a force in American politics. He built his empire from a single newspaper in Australia.

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