unions

Freight rail service is terrible, even without the threat of a strike |  CNN Business

Freight rail service is terrible, even without the threat of a strike | CNN Business

New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …

Freight rail service is terrible, even without the threat of a strike | CNN Business Read More »

Railroad workers speak out after Biden forced unions to accept deal: 'He turned his back'

Railroad workers speak out after Biden forced unions to accept deal: ‘He turned his back’

Fox News Congressional Correspondent Chad Pergram reports on Congressional efforts to fund the government with two weeks to avoid a shutdown. Railroad workers are speaking out after Congress voted last week to avert an industry strike that could have had catastrophic economic consequences. BNSF railroad conductor Justin Schaaf told The Associated Press he had to …

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Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside |  CNN Business

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside | CNN Business

CNN Business — Amazon CEO Andy Jassy said on Wednesday that an “uncertain” economy had prompted the e-commerce giant to press ahead with rare and wide-ranging layoffs after it carried out a major wave of job losses. hiring during much of the pandemic. “We had the target for a very uncertain economic environment, as well …

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside | CNN Business Read More »

Twitter Africa employees accuse Elon Musk of discrimination over dismissal terms |  CNN Business

Twitter Africa employees accuse Elon Musk of discrimination over dismissal terms | CNN Business

CNN Business — The dismissed employees of Twitter’s Africa headquarters accuse Twitter of “deliberately and recklessly flouting the laws of Ghana” and trying to “silence and intimidate them” after their dismissal. The team hired a lawyer and sent a letter to the company demanding it comply with the labor laws of the West African nation, …

Twitter Africa employees accuse Elon Musk of discrimination over dismissal terms | CNN Business Read More »

America faces possible railroad strike in two weeks after biggest union rejects labor deal |  CNN Business

America faces possible railroad strike in two weeks after biggest union rejects labor deal | CNN Business

New York CNN Business — America faces a growing risk of a crippling nationwide freight rail strike in two weeks. Rank and file members of the country’s largest rail union, which represents drivers in the industry, have rejected a tentative labor agreement with the freight railways, the union announced on Monday. The country’s second-largest railway …

America faces possible railroad strike in two weeks after biggest union rejects labor deal | CNN Business Read More »

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

An aerial view of shipping containers and freight trains at the BNSF Los Angeles Intermodal Facility yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters SMART-TD, one of the largest railroad unions, rejected the tentative agreement with railroad management, raising the likelihood of a strike in December. BLET, the other largest union …

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears Read More »

Former SpaceX employees file labor lawsuit |  CNN Business

Former SpaceX employees file labor lawsuit | CNN Business

CNN — Eight former SpaceX employees have filed labor law complaints, alleging Elon Musk’s space company unlawfully fired workers after he wrote a letter to company management asking them to publicly condemn the behavior. detrimental” from Musk on social media. The former workers allege that SpaceX terminated their employment for engaging in “concerted protected activities.” …

Former SpaceX employees file labor lawsuit | CNN Business Read More »

5 key personal finance issues this midterm election - and what they mean for your wallet

5 key personal finance issues this midterm election – and what they mean for your wallet

As Americans head to the polls, several key personal finance issues weigh on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point increase in interest rates to fight inflation, triggering further losses in stock markets. Meanwhile, recession fears are growing, with 84% of Americans worried about how a …

5 key personal finance issues this midterm election – and what they mean for your wallet Read More »