|
CNBC'S MOST SHARED
- WPP's Sir Martin Sorrell on the Ad Recession
- Unemployed? Bored? Make Money Playing Beer Pong
- Social Networking's 'Naked' Truth
- Merrill's McCann Seen as UBS Wealth Frontrunner
- Warren Buffett's Top Three Investment Rules for the Average American
- The View From Newark
- Oil Price Dragging Market Lower
- Warren Buffett's Complete Sun Valley CNBC Interview - Transcript and Video
- Roginsky: No More Mr. Nice Guy
- Buffett's Top 3 Investment Rules for Average Americans
- Market Insider: Earnings Loom in the Week Ahead
- White House Weighing Assistance for Small Businesses
- How Serious Is White House About Second Stimulus?
- Bulls Get Summertime Blues, But It's Hot Fun for Bears
- As Banks Fail, Strong Institutions Become More Visible
- Merrill's McCann Seen as UBS Wealth Frontrunner
- It's Not the Wealthy Who Are Leaving California: Study
- Atlantic City Takes Hit as Pennsylvania Casino Opens
- Eric Schmidt on Government Scrutiny and Economic Recovery
- Market 360: The Week's Best & Worst
- Geek Squad V. Gizmodo
- Brandt: Google Chrome OS in the Post-PC Age
- Other People Are Weirder Than We Are
- Bank Failures: Is The Nightmare Over? (Video)
- California Here I Go? No.
- Roginsky: No More Mr. Nice Guy
- Commercial Conundrum
Text Size 
American Axle & Manufacturing Holdings and the United Auto Workers have made progress in talks aimed at ending a seven-week strike at five U.S. plants, but talk of a tentative agreement remains premature, a company spokeswoman said Thursday.
Expectations that the two sides might be close to a deal heightened on Wednesday after the union opted to postpone a planned rally in Detroit on Friday in support of the striking American Axle workers.
"Things are progressing but talk of a tentative agreement is premature at this time," American Axle spokeswoman Renee Rogers said.
Negotiators for American Axle [AXL
Loading...
()
] and the UAW have been meeting daily since talks resumed a week ago. The resumption of full talks after a month of wrangling over financial details had been seen as a sign of a potential breakthrough.
About 3,650 UAW workers are on strike at American Axle plants in Michigan and New York since Feb. 26. The strike also has forced at least the partial idling of 30 General Motors Corp plants in North America due to parts shortages.
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes