Monday, September 24, 2007

GM workers go on strike, but healthcare negotiations seem to be complete

WASHINGTON (MarketWatch) -- Democratic presidential contender Barack Obama on Monday issued a statement supporting striking United Auto Workers union members and urged General Motors Corp. (GM: 34.76, -0.18, -0.5%) to return to the bargaining table. "The demands the union is fighting for -- job security, the health benefits they were promised -- are things that all workers should expect and that UAW members deserve," the Illinois senator said. UAW members walked off the job at GM factories Monday morning after talks failed to produce a contract agreement by an 11 a.m. deadline.

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