• Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead of a Thursday night strike deadline, placing blame on the union leader for not showing up to the bargaining table – both figuratively and literally.
• Among the demands: 40% hourly pay increases, a reduced 32-hour workweek, a shift back to traditional pensions, the elimination of compensation tiers and a restoration of cost-of-living adjustments, among other items.

Tagged: #Bidenflation