June 24, 2025

united auto workers

Investment

United Auto Workers union may have lost $80 million over investment blunder: report

A strange investment blunder might have cost the United Auto Workers union a colossal $80 million, according to a report on Monday. The union’s board voted in August 2023 to liquidate about $340 million in stock investments to pay striking workers starting the following month, and ordered the remaining funds be quickly re-invested after the

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