Biden Says He Thinks US Auto Workers’ Strike Unlikely To Happen

September 6, 2023

U.S. President Joe Biden expressed optimism that workers at the nation’s major automakers are unlikely to go on strike, despite a looming contract deadline later this month. The United Auto Workers union recently authorized a strike at the Detroit Three automakers if a new agreement isn’t reached by Sept. 14 when the current four-year contract expires. Biden’s statement provides hope for averting a strike, but substantial wage and benefit demands from the union have left some industry executives and analysts preparing for possible walkouts.

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Bass Pro Shops CEO Focuses on Affordability Amid Inflation

In response to the persistent inflation affecting the economy, Johnny Morris, the founder and CEO of Bass Pro Shops, has reaffirmed the brand’s commitment to affordability. With inflation currently at 3.4%, above the Federal Reserve’s 2% target, Morris acknowledged the reality of rising costs and emphasized that the hunting, fishing, and outdoor sporting brand will maintain its focus on delivering value to its customers.