Daimler Truck and the United Auto Workers reached an 11th-hour agreement late last week that averted a strike at locations including Thomas Built Buses in High Point.
Under a related deal, users who return devices by Aug. 9 can get an extra $100. As part of the recall, the company is offering repairs, replacements or refunds of the machines' cost.
The United Auto Workers union announced it reached a last-minute tentative agreement with truck and bus manufacturer Daimler Truck on Friday evening, averting a potential strike of more than 7,000 workers. The union struck a four-year agreement with the German company just before the expiration of the previous contract, which was enacted six years ago.
A contract covering more than 7,000 Daimler Truck workers in the South, including many with Thomas Built Buses in High Point, is set to expire — and union members may go on strike if a deal is not reached.
The U.S. economy grew more slowly than expected in the first three months of the year. But consumers are still spending money — especially on services such as travel and restaurant meals.
China, the world's No. 2 economy, is still adjusting to life after the pandemic. It is less focused on promoting consumer spending because of the growing competition with the U.S. and its allies.
Why is there a disconnect at times between good news about the economy, and how voters actually feel about the economy? And how is that likely to play out in the 2024 election?