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Boeing's Striking Machinists Vote On New Contract Proposal With Support From Both Sides
Monday, November 4, 2024 - 1:39pm | 572Boeing Co’s (NYSE:BA) striking machinists are set to vote on a new labor contract proposal on Monday that could end the more than seven-week-long strike. What To Know: Boeing’s latest contract proposal includes a 38% wage increase over four years, up from the 35% increase that was...
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Tim Cook-Led Apple Accused By NLRB Of Restricting Employee Advocacy On Social Media: 2nd Complaint Against iPhone-maker This Month
Saturday, October 12, 2024 - 2:25am | 647Tim Cook-led Apple Inc. (NASDAQ:AAPL) is facing accusations from the U.S. National Labor Relations Board, or NLRB, for allegedly restricting its employees’ use of social media and Slack for advocating improved working conditions. What Happened: The NLRB lodged a complaint against Apple on...
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Teamsters Opts To Not Endorse Either Harris Or Trump For Upcoming Presidential Elections, Citing Failure To Secure Pledges Of Non-Interference In Union Campaigns
Thursday, September 19, 2024 - 5:33am | 366The International Brotherhood of Teamsters will not endorse any candidate for U.S. President, the union said on Wednesday. What Happened: The General Executive Board of the 1.3 million member union elected to not endorse any candidate after receiving “few commitments” on union issues...
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US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert
Tuesday, September 17, 2024 - 2:00pm | 873A possible strike by thousands of dockworkers at East and Gulf coast ports in October could result in major disruptions in the supply chain of goods coming in and out of the U.S., according to an export on container trade. The International Longshoremen's Association (ILA), representing more than...
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DraftKings Faces Major League Baseball Lawsuit Over Usage Of Players' Names, Images: 'Not Merely Informational – It Is Promotional'
Monday, September 16, 2024 - 7:24pm | 458Sportsbook operator DraftKings Inc (NASDAQ:DKNG) faces a lawsuit from the Major League Baseball Players Union, a move that could dampen high expectations for other sports like the NFL, which just kicked off its season. What Happened: The Major League Baseball (MLB) Players Union has filed a lawsuit...
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Retailers Plea For Deal: US Ports, Union Start Two-Day Talk In Effort To Prevent Disruptive Strike
Wednesday, September 4, 2024 - 12:03pm | 633Port employers and the union representing East and Gulf coasts dockworkers begin a two-day meeting in New Jersey to prevent a strike that would disrupt maritime commerce along the entire U.S. Eastern Seaboard. Talks on a labor deal for six of the 10 busiest ports stopped in June when the...
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What's Going On With Hilton, Marriott And Hyatt Hotel Stocks Today?
Wednesday, July 24, 2024 - 10:31am | 377Shares of Marriott International Inc (NASDAQ:MAR), Hilton Hotels Corporation (NYSE:HLT), and Hyatt Hotels Corporation (NYSE:H) are trading lower Wednesday. About 13,500 unionized hotel workers in four U.S. cities are preparing for strike authorization votes next month as contract negotiations with...
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What's Going On With Disney Shares Today?
Monday, July 22, 2024 - 4:17pm | 422Walt Disney Co. (NYSE:DIS) shares are moving lower on Monday. Here’s what you need to know. What’s Going On: India’s antitrust body has raised concerns about the $8.5 billion merger between its media assets and Reliance Industries (OTC:RLNIY). Announced in February, the merger...
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UAW Criticizes Biden Administration For Not Pursuing Labor Abuse Complaint Against Caterpillar
Tuesday, July 16, 2024 - 1:10pm | 470The United Auto Workers (UAW)union is calling out the Biden administration for not pursuing accusations of labor abuses by a Mexican subsidiary of Caterpillar Inc. (NYSE:CAT), a U.S. manufacturer of earth-moving equipment. In late June, the administration told a group of unions that it would not...
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What's Going On With American Airlines Shares On Friday?
Friday, June 21, 2024 - 10:48am | 441After a big dip on Friday morning, American Airlines Group Inc. (NASDAQ:AAL) shares are now trading higher. The air carrier faces potential labor unrest as its unionized flight attendants threaten to strike, following failed negotiations over a new contract. Union representatives indicated major...
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Mercedes Alabama Workers Gear Up For UAW Union Election: Report
Friday, April 5, 2024 - 12:28pm | 456Workers at Mercedes Benz Group AG (OTC:MBGYY) (OTC:MBGAF) factory in Vance, Alabama, petitioned U.S. regulators for a union election, the United Auto Workers (UAW) announced on Friday. The SUV plant is the second to seek an election petition with the National Labor Relations Board (NLRB) in recent...
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'Racketeers Built The Unions': Peter Schiff Slams Biden's Claim That Unions Built The Middle Class, Warns Of A Financial Crisis 'Much Worse' Than 2008
Friday, September 29, 2023 - 8:30am | 760President Joe Biden recently made history by being the first sitting president to join striking autoworkers on the picket line. Speaking through a bullhorn outside a General Motors Co. plant in Michigan, Biden voiced his support for the United Auto Workers union strike. "Wall Street didn't build...
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UAW's Detroit Deadlock Vs. Teamsters' UPS Triumph: Behind 2 Major Labor Showdowns
Friday, September 15, 2023 - 3:09pm | 648The landscape of labor negotiations in the U.S. shifted this summer with two major union agreements coming into focus. The Teamsters' contract with United Parcel Service, Inc (NYSE: UPS) and the ongoing demands of the United Auto Workers (UAW) with Detroit's Big Three automakers provide a...
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UAW Strike Could Put Auto Suppliers, Michigan Economy In Crisis, Analysts Say
Friday, September 15, 2023 - 2:47pm | 728Three of the leading U.S. automotive companies face uncertainties after a contract dispute with the United Auto Workers (UAW) union was not resolved Thursday night. Union workers at several Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA) are now on...
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With UAW On Strike, Biden Says EV Shift Should Benefit Both Workers, Automakers
Friday, September 15, 2023 - 1:07pm | 422President Joe Biden on Friday addressed the ongoing strike by the United Auto Workers union against Detroit's three major automakers, urging both sides to negotiate further for a mutually beneficial agreement. Biden remarked about the significance of auto workers in the American...