<< Read Full Article

Chrysler Workers Hit the Road

Stock quotes in this article: GM , F  

Updated from 1:17 p.m. EDT

With a labor strike at Chrysler, one of the last bastions of workers' solidarity in the U.S. is squaring off with capitalism's elite -- the private-equity industry.

The United Auto Workers launched a strike at Chrysler -- now a private company owned by buyout firm Cerberus Capital Management -- after Wednesday's 11 a.m. EDT deadline in the labor contract talks passed without an agreement.

A source familiar with the negotiations says the talks have been called off, and it's not known when they'll resume. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services