GM Sets Raise for Its US Factory Workers – Wall Street Journal

Posted: Tuesday, October 27, 2015

General Motors Co., which has been delivering some of the richest operating profits in its 107-year history, has decided to do something it hasn’t done in nearly a decade: give its veteran American factory workers a raise.

The No. 1 U.S. auto maker by sales accepted a new four-year wage agreement with the United Auto Workers union late Sunday, just ahead of a strike deadline. Details weren’t immediately disclosed but UAW officials…

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