UPDATE 9-GM, UAW settle strike; auto shares jump

Newswire

(Adds detail on VEBA in paragraphs 20 and 22) By Kevin Krolicki and David Bailey DETROIT, Sept 26 (Reuters) - The United Auto Workers union and General Motors Corp struck a groundbreaking deal on Wednesday, ending a two-day strike by agreeing to create a health-care trust fund that will reduce the automaker's costs. The agreement allows GM to shift more than $50 billion of retiree health-care liabilities to an independent union-aligned trust -- a breakthrough expected to allow Detroit ...

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