Here are some of the companies and stocks the Yahoo Finance team will be watching today.
General Motors (GM) could find out as soon as today if the United Auto Workers will end its almost five week-long strike. Union leaders will meet to discuss and potentially approve a tentative deal with the automaker. Once they give it the green light, the proposal will be sent to the UAW's 46,000 members for final approval.
Tesla (TSLA) has been given the green light to begin production in China. The electric car company was added to the Chinese government's list of approved auto-manufacturers in the country. Tesla plans to produce at least a thousand Model 3s a week from its $2 billion gigafactory in Shanghai by the end of this year.
Apple (AAPL) users appear to like the latest software update. The company said that 55 percent of iPhones from the last four years are running on the new update, iOS 13. And 50 percent of all iPhones are on the new software, while 33 percent of iPads are. Although users have been quick to update their gadgets, some people have been complaining about bugs. There have already been four updates to iOS 13 since its release in mid September.
Burger King (QSR) is seeing a boon from the Impossible Whopper. New data compiled by Barclays suggests that the national rollout of the meatless burger from Impossible Foods has resulted in a 2% bump up in foot traffic at BK stores versus traffic at McDonald's. Barclays predicts Burger King is on track for a 3.5% jump in U.S. same-store sales, in part because of demand for the Impossible Whopper.
Meredith Corporation (MDP) is closing an iconic magazine after 87 years. Family Circle will shut down after delivering its December issue to its 4 million subscribers. Meredith bought Family Circle in 2005. It becomes the third major women's magazine to shutdown, joining Ladies' Home Journal and McCall's.