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A press release on Wednesday revealed a competitive starting wage for BlueOval employees along with the addition of a newly created position.

(Bloomberg) -- French authorities asked airlines to cut 40% of flights at Paris-Orly airport Friday ahead of unions’ planned strike calling for pay increases. Most Read from BloombergIsrael Latest: Army Stops Lebanon Incursion, Calls Up 300,000Israel Latest: Over 1,100 Dead; US Sends Warships to RegionSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingOil Surges as Israel Conflict Reignites Middle East VolatilityThe country’s civil aviation authority also asked the regional Marseille-Pro

The gap between wage gains seen from job switchers and job stayers is at its smallest margin in nearly three years, a welcome sign for the Fed.

The United Auto Workers made a new counter-proposal to Chrysler-parent Stellantis on Thursday, just one day before the union is set to strike additional Detroit Three automotive facilities without serious progress in ongoing labor negotiations. A union official confirmed the new proposal as talks remain active with Stellantis, General Motors and Ford Motor in the strike's fourteenth day. The UAW and the Detroit Three have been far apart on key issues.

The following is a summary of the deal terms for the 2023 MBA. It is a simplified version of the Memorandum of Agreement (“MOA”), which contains the full text of the new provisions.