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Transcripts For FOXNEWSW Your 20240703

Strike threat. Alex . The Labor Department says theyre keeping close watch on the talks. Theres nine days left for the uaw and detroits big three to agree to a new fouryear deal. If they dont, the 146,000 members have voted to strike. The unions demands are bold. Members are seeking a 46 pay raise, 40 hours of pay for 32 hour work weeks and for traditional pensions to be restored and Cost Of Living increases. Workers say the companies have raked in billions on their backs. A g. M. Executive said the demands have significant costs attached that would threaten manufacturing momentum. Its clear the two sides are still wide aparty. While in philadelphia yesterday forks labor day, President Biden said hes not so concerned. Mr. President , are you worried about an auto strike . [inaudible] he said he doesnt think its going ....

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intel q3: Intel beats expectations as margins rise, manufacturing momentum builds

While Intel remains under heavy competitive pressure from Nvidia in the data center chip market, the easing PC slump and stabilization of its server chip business helped raise gross margins faster than analysts had expected. ....

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