Toyota to raise wages following UAW deals with Big Three ...Middle East

Toyota said it will raise wages at its U.S. factories just days after the United Auto Workers (UAW) union reached a tentative agreement with all Big Three automakers to suspend a weekslong strike. The Japanese automaker will reportedly increase wages for hourly manufacturing workers at the top rate by about 9 percent Jan. 1, according to Reuters. It will also cut the amount of time it takes workers to reach the top wage rate to four years and increase paid time off. UAW wins back Obama-era concessions from financial crisis, as strike nears end “At Toyota, we take great pride in showing respect for people,” Chris Reynolds, the executive vice president and chief administrati

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