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Market Wrap: GM Addresses New Offer Directly to Striking Workers

General Motors has appealed directly to its employees, bypassing the United Auto Workers union, in an effort to end a strike that is entering its fourth week. GM now says it is committed to investing $7.7 billion in its U.S. factories, a figure that's up from its previous offer of $7 billion. The company also says that the investment will now be direct instead of a mix of direct and indirect investments. "The strike has been hard on you, your families, our communities, the company, our suppliers and dealers," GM said in a letter. "The company's strategy from day one has been to play games at the expense of the workers," the UAW said in a Friday statement responding to GM's latest proposal. "It has released half-truths, ripped away health care in the middle of the night, and it reverted to previously weak and unacceptable proposals in response to the UAW's comprehensive solutions." Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

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