NEW YORK (Reuters) - General Motors Corp. (GM.N) has reached an agreement with the United Auto Workers union to cut health-care costs, CNBC reported on Monday.þþAdditional details were not immediately available.þþGM Chairman and Chief Executive Rick Wagoner is scheduled to address employees later on Monday about third-quarter earnings and ``significant developments'' in the automaker's business operations.þþThe world's largest automaker has been trying to negotiate lower health-care costs with the UAW for months. The two parties negotiated through the weekend seeking an agreement.þþ
Source: NY Times
