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UAW strike enters 4th day amid negotiations with General Motors, Ford, Stellantis

A labor strike against the three largest motor vehicle manufacturers in the United States carried into a fourth day on Monday amid ongoing negotiations to reach a deal. A labor strike against the three largest motor vehicle manufacturers in the United States carried into a fourth day on Monday amid ongoing negotiations to reach a deal. The United Auto Workers, which represents nearly 150,000 American autoworkers, launched a strike early Friday against General Motors, Ford and Stellantis -- the so-called Big Three. Almost 13,000 workers walked out of three auto plants in Michigan, Missouri and Ohio. The union is utilizing a "stand-up" strike method to target specific plants and add to the list if a deal isn't reached. The UAW held talks with Ford on Saturday, GM on Sunday and plans to meet with Stellantis on Monday, a union source told ABC News. The conversations with Ford were "reasonably productive," the source said. MORE: UAW president reacts to automake...

All 10 drugs targeted for Medicare price negotiations will participate: White House

President Joe Biden has announced that the manufacturers of all of the first 10 prescription drugs selected for Medicare’s first price negotiations have agreed to participate WASHINGTON -- President Joe Biden announced Tuesday that the manufacturers of all of the first 10 prescription drugs selected for Medicare's first price negotiations have agreed to participate, clearing the way for talks that could lower their costs in coming years and give him a potential political win heading into next year's election. The drugs include the blood thinner Eliquis, which the White House said was used by more than 3.7 million Medicare enrollees from June of last year through this past May and had an average out-of-pocket cost of $608 per enrollee for 2022. Also included is diabetes treatment Jardiance, which was used by nearly 1.6 million Medicare enrollees and had a 2022 out-of-pocket cost per enrollee of $490. The Centers for Medicare and Medicaid Services announced in August the first 1...