GM secures new $6 billion credit line as UAW strike costs reach $200 million

The new line of credit is “prudent” to bolstering GM’s balance sheet amid expectations that the union may expand and prolong strikes against the company.

Previous post Washington Watch: Kevin McCarthy’s ouster means chance of government shutdown next month ‘just went up to 80%,’ analyst says
Next post : U.S. oil futures mark lowest settlement since the end of August