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Samsung's Push For Nvidia To Adopt High-Bandwidth Memory Comes Under Cloud As Workers Declare Indefinite Strike — Global Tech Production At Risk
Tuesday, July 9, 2024 - 10:46pm | 647Workers at Samsung Electronics Co. (OTC:SSNLF) have announced an indefinite strike, escalating an ongoing pay dispute and posing a threat to global tech production. What Happened: The labor union representing over 28,000 Samsung employees declared an indefinite strike on Monday. This action...
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Pro-Bitcoin President Javier Milei Faces Biggest Test Yet After Argentina Wakes Up To 24-Hour Strike: 93K Passengers To Be Affected, Say Reports
Thursday, May 9, 2024 - 10:38am | 601Argentina is experiencing its second nationwide transport strike since President Javier Milei took office in December. The strike, which has disrupted the operations of trains, subways, and several bus lines, is seen as a significant challenge to Milei’s administration. What Happened: The 24-...
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Anheuser-Busch InBev Under Threat: Union Workers Ready To Strike If Contract Isn't Finalized
Sunday, December 17, 2023 - 10:48am | 353Anheuser-Busch InBev's (NYSE: BUD) union workers have voted overwhelmingly in favor of authorizing a strike at the company's 12 U.S. breweries. According to Bloomberg, the Teamsters union disclosed the decision on Saturday, stating a remarkable 99% of its members voted in favor of walkouts...
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Pharmacy Workers Strike At CVS and Walgreens, Echoing Wider Pharma Sector Unrest
Sunday, November 5, 2023 - 4:48pm | 752In a recent surge of labor unrest, pharmacy employees from CVS Health Corporation (NYSE: CVS) and Walgreens Boots Alliance, Inc. (NASDAQ: WBA) raised their voices by calling out sick or walking out entirely last week. What Happened: These actions were a protest against what they...
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Auto Engineer Salaries: How Ford's UAW Deal Stacks Up Against GM, Tesla
Thursday, October 26, 2023 - 4:06pm | 406Wondering about how much engineers at the top auto manufacturers make a year? The United Auto Workers Union (UAW) and Ford Motor Co (NYSE: F) agreed to a tentative deal to end the union’s strike. The deal includes a 25% wage increase across the board for employees and other benefits. ...
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UAW And Detroit Automakers Locked In Discussions Over EV Battery Plant, Wages, Unionization
Thursday, October 19, 2023 - 5:28pm | 561The United Auto Workers (UAW) union and the three major Detroit automakers — General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F) and Stellantis N.V. (NYSE:STLA) — are at loggerheads concerning wage and union representation issues at upcoming electric vehicle battery factories...
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UAW's Shawn Fain Announces Breakthrough In Strike Talks With GM; Eyes On Ford And Stellantis Next
Friday, October 6, 2023 - 3:35pm | 664Shares of Detroit's "big three" automakers, General Motors Co (NYSE:GM), Ford Motor Co (NYSE:F), and Stellantis NV (NYSE:STLA) were trading higher Friday after United Auto Workers (UAW) president Shawn Fain announced crucial updates. What Happened: On Friday, Fain noted a significant change in...
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Hollywood Writers Won But Hollywood Still Can't Go Back To Normal
Wednesday, September 27, 2023 - 1:09pm | 973Hollywood writers have ended their strike in the early hours on Wednesday morning as they made a deal with The Alliance of Motion Picture and Television Producers (AMPTP), who is representing the interests of Netflix (NASDAQ: NFLX), The Walt Disney Company (NYSE: DIS), Amazon.com Inc (NASDAQ: AMZN...
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Hollywood Writers Accept Tentative Deal, Including Pay From Streamers: What About Actors?
Monday, September 25, 2023 - 8:49am | 718The Writers Guild of America (WGA), representing over 11,000 screenwriters, has taken a monumental step towards ending Hollywood’s crippling 146-day strike. In a historic move, WGA members reached a tentative agreement with entertainment companies that could reshape the industry landscape....
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UAW Strikes Escalate Across GM, Stellantis Facilities Nationwide: Ford Not Involved
Friday, September 22, 2023 - 12:30pm | 429The United Auto Workers announced an expansion of strikes at 38 locations across 20 states Friday. These strikes are predominantly focused on parts and distribution facilities for General Motors Co (NYSE:GM) and Stellantis NV (NYSE:STLA), according to UAW President Shawn Fain. Additional strikes at...
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GM, Ford, And Stellantis Brace For Escalation Of UAW Strikes
Friday, September 22, 2023 - 9:11am | 630A potential escalation of strikes looms over automotive industry leaders General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F) and Stellantis NV (NYSE:STLA). Their labor force, represented by the United Auto Workers (UAW), threatens to expand walkouts on Friday due to...
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Tesla Ultimately Wins From 'Long And Nasty' UAW Strike: Dan Ives
Thursday, September 21, 2023 - 12:02pm | 899The United Auto Workers union couldn't come to a contract agreement with the Detroit Big Three automakers, which has led to strikes at several facilities and a potential disruption for the sector. One analyst sees Tesla Inc (NASDAQ: TSLA) and non-union foreign automakers as the biggest winners...
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Ford Faces Potential Canadian Strike Parallel To UAW Impasse
Tuesday, September 19, 2023 - 4:04pm | 423Ford Motor Company (NYSE:F) could encounter further labor challenges as the Canadian union Unifor races against the clock to reach an agreement with the automaker before an extended deadline of 11:59 p.m. ET Tuesday. This situation has the potential to impact the production of certain pickup trucks...
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Stellantis Hopes To Reach Deal With UAW 'Super Quickly,' Says COO Mark Stewart: 'We're Back At The Table'
Tuesday, September 19, 2023 - 1:35pm | 499The United Auto Workers (UAW) union strikes have entered their fifth day as workers continue to push for higher wages. Stellantis N.V. (NYSE: STLA) COO Mark Stewart says the automakers are doing all they can to reach a deal quickly. What To Know: The UAW is going head to head with...
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Stellantis Proposes New Contract Potentially Resulting In Closure Of 18 US Facilities
Monday, September 18, 2023 - 2:51pm | 414Automaker Stellantis N.V. (NYSE:STLA)’s latest contract proposal to the United Auto Workers union threatens to shutter 18 U.S. facilities. The clash between the company and union leaders hinges on Stellantis’ vision of creating a “modernized” parts and distribution network,...