GM Seals Deal with Union, Starbucks Workers Strike, Walmart Reports Strong Gains

As Amazon plans to launch vehicle sales, the U.S. labor market shows signs of cooling.

United Auto Workers union members have voted to approve a new contract with General Motors, making the company the first Detroit automaker to get a ratified deal that could end a contentious and lengthy labor dispute.
Workers at more than 200 U.S. Starbucks stores walked off the job on the company's annual Red Cup Day in the largest strike yet in the two-year-old effort to unionize the company’s stores.
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low-prices continue to attract shoppers looking for deals in a tough economic environment.
Applications for unemployment benefits rose by 13,000 to 231,000 for the week ending Nov. 11, indicating that the labor market may finally be cooling.
Amazon will launch vehicle sales in the U.S. next year and allow local car dealers to sell directly to customers on its site.