Unions, Gm | featured news

General Motors and the United Auto Workers union are in the "final stage" of negotiations on a new labor contract and a deal could be struck as soon as Friday.

G.M. said Wednesday that it had positive cash flow of $1 billion in the six months after it emerged from bankruptcy protection last July, but that it lost $4.3 billion in that period, mostly because of the cost of settling with the United Auto Workers union over retiree health benefits, one of the burdens that helped bring the company to its knees.