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Transcripts For CNNW CNN 20240703

Ahead on cnn newsroom, ford and General Motors announce job cuts just days a of the Autoworkers Union went on strike, how a lengthy strike will impact the auto industry. Plus, gop president ial hopefuls descend on iowa stumping for votes. The only one who didnt show is donald trump. Downed trees and power lines is part of what tropical lee left behind. No breakthrough but reasonably productive discussions at least with ford, thats on how the United Auto Workers are describing labor talks on day two of its strikes. Striking Union Workers picketed outside the Ford Assembly plant. Ford says the strike is causing a lack of parts and 2600 uaw members will be laid off due to the walkout. The union and ford, General Motors and stellantis is far apart on benefits. Now the strike is putting President Biden in a tough position and it could get even more difficult for him if it goes on for a long time. Cnns Priscilla Alvarez explains. Reporter President Joe Biden weighed in on the auto workers st

Transcripts For CNNW CNN 20240703

Thank you so much for joining me this saturday. Im fredericka witfield. We begin with the historic autoworkers strike, now in its second full day. Negotiators for the carmakers and the union are expected to be back at the Bargaining Table Today. For the first time ever, workers are striking at plants for General Motors, ford and stellantis at the same time. The carmakers say despite big profits in recent years, the raises being demanded would drive them out of business. President biden weighing in, saying now is the time for the companies to step up. No one wants a strike. Say it again. No one wants a strike. But i respect workers rights to use their options under the collective bargaining system. I believe they should go further to ensure record corporate profits mean record contracts. Gabe cohen is at a Stellantis Plant in ohio where workers there are striking. Any signs of hope that these negotiators, when they meet today, might have good news for the strikers . Reporter were waitin

Transcripts For CNNW CNN 20240703

Stellantis yesterday. Theyre waiting for a response. Its hard to imagine this is going to be ending any time soon. It certainly doesnt seem within the next 24 hours. Weve heard from a lot of workers who said theyre preparing for this to potentially last for a while. Were outside this stellantis factory. They build jeeps here, more than a thousand a day. If you look down, there are groups of these picketers for a half mile in each direction covering every entrance. There are 5800 workers on strike here in toledo. You can get a sense just being here of the frustrations they have been feeling. I want to bring in one of those workers now. So you were telling me youve worked here ten years. When you heard this strike was going to happen and that this location had been picked, what went through your mind . I was excited, happy, because we are fighting for what we believe we deserve and fighting for our families out here. I was ready for it. Im glad they picked us, because were a big part of

Transcripts For CNNW CNN 20240703

Newsroom. Im jim acosta in washington. We begin with the breaking news and the surprise outcome of a republican versus republican political fight in the State Of Texas. Attorney general ken paxton is thanking his supporters and slamming what he calls the sham impeachment proceeding against him. Just a few hours ago the state senate voted to acquit paxton on 16 charges of abusing his office to help a donor. The Attorney General says now that the, quote, truth has prevailed he will get back to work defending the Constitutional Rights of texans, so he says. Ed lavandera joins me from the texas state house in austin. Ed, tell us more. Reporter hey, jim. The last few hours as reaction has been pouring in reacting to the acquittal of Attorney General ken paxton, it is exposing what can probably only be described as an allout civil war between various factions of the Republican Party here in texas. As weve mentioned just a short while ago, ken paxton was acquitted by the majority of republica

Transcripts For KPIX CBS 20240703

Reporter United Autoworkers Union is asking for a 40 pay hike but so far automakers have offered half of that. The initial demand for over 100 million, we still have a ways to go with the offer they put on the table. Reporter mary baer told cbs news the companys need to step up their investment in new technology as vehicles transition from gas to ev. President biden says he hopes both sides return to the negotiating table and he said the acting labor secretary and sr. Adviser to detroit. With each passing day, economists say the strike could be felt by all americans. The best estimates we have seen as far as the cost, could potentially be upwards of 5 billion. Of total damage in the first 10 days. Reporter leaders say they expect to be at the bargaining table saturday and are awaiting a response on their counter offer. President biden was in contact with both union reps and Company Executives and he will likely continue those conversations until that strike ends. In hollywood, strike t

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