The Canadian Auto Workers union says it has not made progress with GM (GM), Ford (F) and Chrysler (FIATY) with only a week until the collective agreement expires, the Detroit News reports. The union says all three companies are calling for dramatic changes to the contract, and sources say the automakers started ramping up production to boost inventories last week ahead of a potential strike.
The S&P 500 declined for a third day on Friday with the three major stock indexes posting their first negative …