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Business Matters: Biden calls for 'fair share' towards UAW strikers

Biden calls for "fair share" towards UAW strikers

16/09/2023 GMT

Biden calls for 'fair share' towards UAW strikers

BBC World Service - Business Matters, Biden calls for 'fair share' towards UAW strikers

Biden says striking UAW workers deserve 'fair share' of record automaker profits

US President Joe Biden will send two of his aides to Detroit to serve as mediators between the striking United Auto Workers and the 'big three' automakers.

US President Joe Biden says striking UAW workers deserve a 'fair share' of record profits made by automakers. The president said he hopes both sides can forge a "win-win" agreement. We'll be discussing the fall out of the first day of the car worker strikes in the US. 

Disney boss Bob Igor recently hinted that it was going to sell off it's TV network, ABC. Media entrepreneur Byron Allen has put his name in the ring to buy the station. We find out if his 10 billion dollar bid is a decent valuation.

And some new research suggests that three in 10 people will quit their jobs after getting a promotion. Seems strange doesn't it - put all that work into getting a new job only to leave. We'll be hearing from the company behind the study.

(Picture: President Biden's Remarks on Contract Negotiations Between UAW and Big 3 Auto Makers, Washington, US. Credit: EPA-EFE/REX/Shutterstock)

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