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Teachers Union Concerned About Tesla Stock Valuation: Is Elon Musk To Blame?
Thursday, March 6, 2025 - 1:45pm | 806One of the largest teachers unions in the U.S. is concerned about the falling price of Tesla Inc (NASDAQ:TSLA) stock as many teachers and retirees watch their investment in the electric vehicle giant plummet in value. What Happened: The American Federation of Teachers has sent letters to asset...
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Trump Considering Tariff Relief For Mexico, Canada, Commerce Secretary Lutnick Says
Wednesday, March 5, 2025 - 11:25am | 567The first two months of the Trump Administration have seen back-and-forths within the Executive Branch on the timing and magnitude of the United States’s tariffs on its neighbors Mexico and Canada. The administration appears set to roll back some of the tariffs placed on Tuesday. What...
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Potential Port Strike Looms: Union, Port Owners Hold 'Secret Meeting' On Automation, Technology As Contract Deadline Approaches
Tuesday, January 7, 2025 - 6:51pm | 610According to a report from CNBC, the International Longshoremen's Association and the U.S. Maritime Alliance (USMX) met secretly on Sunday to discuss the issue of technology and automation ahead of formal contract bargaining. The Details: The CNBC report said the ILA and USMX met for eight hours...
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Teamsters Authorize Strike At Amazon's New York Warehouses: 'Get Ready For A Fight' (UPDATED)
Friday, December 13, 2024 - 5:07pm | 589Editor’s note: This story has been updated with comment from Amazon. Amazon.com Inc (NASDAQ:AMZN) faces another labor dispute in New York as Amazon Teamsters at two warehouses authorized a strike against the Seattle-based company on Friday. Workers on Strike: Union members at two New York...
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Boeing Stock Rises Ahead Of Wednesday's Union Vote: Will Investors Breathe 'A Sigh Of Relief?' (CORRECTED)
Tuesday, October 22, 2024 - 5:28pm | 521Editor’s note: This story has been updated to state that Boeing reports earnings premarket Wednesday, not after the closing bell. Boeing Co. (NYSE:BA) and its striking machinists reached a preliminary agreement to resolve the five-week strike over the weekend. Union members will vote on the...
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Port Strike Ends After 3 Days: Retailers, Politicians Breathe Sigh Of Relief
Friday, October 4, 2024 - 11:39am | 600Retailers and politicians reacted to the International Longshoremen's Association (ILA) and U.S. Maritime Alliance’s (USMX) tentative deal to end the ongoing port strike. What Happened: East Coast dockworkers went on strike Tuesday following their contract lapse with port employers. The...
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Teamsters Added 50,000 New Members In Less Than 3 Years, Partly Due To Cannabis Industry Growth
Thursday, October 3, 2024 - 6:33pm | 493The International Brotherhood of Teamsters has experienced substantial growth, adding 50,000 new members in just two and a half years, thanks in part by the cannabis industry. General president Sean M. O'Brien credited the membership growth to workers' increasing dissatisfaction with corporate...
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Auto Stocks, Abortion, Health Care In Spotlight At DNC: Joe Biden, UAW President, Women Affected By Roe V. Wade Decision Headline Night 1
Monday, August 19, 2024 - 3:28pm | 1010The Democratic National Convention kicks off Monday in Chicago and includes a highly anticipated speech from President Joe Biden, who stepped aside from the 2024 presidential election. Here's a look at Monday's key speakers and what investors should know. Biden's Speech: Biden will headline...
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Musk, Trump Hit With UAW Labor Charges Following Union-Busting Remarks: Tesla CEO Suggests UAW President Could Land In Prison
Tuesday, August 13, 2024 - 3:17pm | 961A multi-hour conversation between Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and former President Donald Trump included comments about the electric vehicle company's allegations of firing employees who threaten to strike. The United Auto Workers (UAW) is fighting back after the conversation with federal...
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Bethesda Game Studios Unionizes Under Communication Workers Of America
Monday, July 22, 2024 - 5:42pm | 467Bethesda Game Studios has become the first Microsoft-owned game developer to fully unionize under the Communication Workers of America (CWA). The union, consisting of 241 developers, includes artists, engineers, programmers and designers, marking a significant shift in the industry's labor...
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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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Disneyland Strike Nears: 14,000+ Workers Set To Target California Theme Park In First Walkout In 40 Years
Monday, July 22, 2024 - 2:46pm | 756One of the world’s largest media and theme park companies could face significant challenges due to a potential strike, just a year after a Hollywood strike affected the company. What Happened: Media giant The Walt Disney Company (NYSE:DIS) is seeing its movie segment gain momentum with the...
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CWA Charges Microsoft Supplier Lionbridge With Unfair Layoffs Of Unionizing QA Testers
Wednesday, June 12, 2024 - 2:42pm | 422The Communications Workers of America (CWA), the largest communications and media labor union in the U.S., has filed Unfair Labour Practice charges against Lionbridge Technologies, a supplier for Microsoft Corp. (NASDAQ:MSFT). According to the CWA press release, Lionbridge laid off an entire Idaho-...
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After UAW Wins Big In Tennessee, $40M Campaign Continues: 35 Car Plants Are Next
Monday, April 22, 2024 - 2:31pm | 679United Auto Workers (UAW) President Shawn Fain is gearing up to organize more nonunion automaker factories on the heels of a major victory at a Volkswagen (OTC:VWAGY) plant in Tennessee. What Happened: Fain told multiple media outlets on Monday and over the weekend that the UAW’s $40-million...
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Apple Faces Increased Union Efforts From New Jersey Store: Will Previous Attempts In Maryland, Oklahoma Influence Result?
Wednesday, April 10, 2024 - 5:41pm | 710Technology giant Apple Inc (NASDAQ:AAPL) faces negative headlines concerning a case from the U.S. Department of Justice. Apple and its stock could now see pressure as shareholders grapple with what increased unionization of the company's retail stores could mean. What Happened: Apple has a recent...