UAW makes a new proposal to GM

<p>The UAW is making a new proposal to General Motors as both sides bargain to end the 40+ day strike.</p><p>GM is said to be preparing a counteroffer to be proposed on Thursday or Friday. The union's offer is similar to the tentative deal that was reach with the Ford autoworkers yesterday.</p><p>Ford announces earnings after the close. GM announced their earnings on Tuesday.</p>

This article was written by Greg Michalowski at www.forexlive.com.