Business: Strike Earnings

To 360,000 General Motors stockholders last week went the corporation's report for the first six months of 1937. It covered the most exciting six months in GM history. During the March quarter the No. U. S. motormaker was tied up in knots by the youthful United Automobile Workers of America. During the June quarter GM was harassed by almost daily wildcat strikes unauthorized by the union. Both GM and the union are freshmen in the art of collective bargaining, and for both the second quarter proved an expensive education—for GM in profits,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!