Category: union
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Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting
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OMAHA, Neb. (AP) — Union Pacific reported a 7% increase in fourth-quarter profit as it managed to deliver more freight with fewer employees and continued to make the railroad more efficient. The Omaha, Nebraska-based railroad company reported earnings of $1.76 billion on Thursday, or $2.91 per share, easily beating Wall…
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Amazon closures a ‘slap in the face’ to Quebec workers, union says
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Breadcrumb links news More than 1,700 full-time employees will lose their jobs as the e-commerce giant closes all of its operations in the province, including its warehouses. Posted on January 22, 2025 • 3 minute read You can save this article by registering for free here. Or log in if…
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SEIU Local 2: YVR janitors’ Union reaches tentative agreement with employer, today’s actions cancelled
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Article content VANCOUVER, British Columbia, Dec. 24, 2024 (GLOBE NEWSWIRE) — A tentative agreement has been reached between SEIU Local 2, the union representing striking janitors at Vancouver International Airport, and their employer, Alpine Building Maintenance. Article content Heightened function actions planned for Tuesday, December 24 at YVR have been…
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Japan Union Head Calls for Government to Accelerate Wage Efforts
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Breadcrumb links BMN Business The head of the Japan Metalworkers Union urged the government to accelerate efforts to raise wages, while expressing concern about early tightening steps by the central bank. Article writer: Bloomberg News Erika Yokoyama and Akemi Terukina Posted on December 10, 2024 • 3 minutes read You…
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Japan Union Head Calls for Government to Accelerate Wage Efforts
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Breadcrumb links BMN Business The head of the Japan Metalworkers Union urged the government to accelerate efforts to raise wages, while expressing concern about early tightening steps by the central bank. Article writer: Bloomberg News Erika Yokoyama and Akemi Terukina Posted on December 10, 2024 • 3 minutes read You…
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Unite union threatens legal action over cuts to pensioners’ winter fuel payments
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The union Unite has issued a stark warning to the UK Government over its controversial decision to cut winter fuel payments for millions of pensioners, threatening to pursue a judicial review if the policy is not reversed. The policy, initially announced in July and confirmed in the latest Budget, aims…
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Boeing reports $6B quarterly loss with big union vote looming
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Boeing ( BA ) released third-quarter earnings on Wednesday morning, highlighting the planemaker’s risky nature ahead of another momentous event: a labor vote scheduled for later Wednesday. Boeing announced a net loss of $6.17 billion, bringing total losses in 2024 so far to nearly $8 billion. It said operating cash…
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Boeing reports $6B quarterly loss with big union vote looming
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Boeing ( BA ) released third-quarter earnings on Wednesday morning, highlighting the planemaker’s risky nature ahead of another momentous event: a labor vote scheduled for later Wednesday. Boeing announced a net loss of $6.17 billion, bringing total losses in 2024 so far to nearly $8 billion. It said operating cash…
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Boeing strike: union reaches new deal on wage hike, 401k
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Boeing and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has paralyzed the company’s aircraft manufacturing business for more than a month and strained its finances. The proposal reached overnight in Seattle includes a 35% pay increase spread over four years,…
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Boeing strike: union reaches new deal on wage hike, 401k
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Boeing and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has paralyzed the company’s aircraft manufacturing business for more than a month and strained its finances. The proposal reached overnight in Seattle includes a 35% pay increase spread over four years,…
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Verdi union against Commerzbank cross-border merger regardless of bidder nationality By Reuters
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ROME (Reuters) – German trade union Verdi will oppose Commerzbank’s cross-border merger even if the bidder is not an Italian bank like UniCredit, an official said on Saturday. Berlin was surprised by UniCredit’s decision to build a significant stake in state-backed Commerzbank, a move the Italian bank says could lead…
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Boeing Withdraws Contract Offer as Union Talks Break Down
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(Bloomberg) — The crisis engulfing Boeing Co. took a dramatic turn after negotiations to resolve the nearly month-long strike collapsed and S&P Global Ratings warned it could downgrade the planemaker’s credit rating to junk. Most read from Bloomberg Both the embattled company and the International Association of Machinists and Aerospace…
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Swedish union files lawsuit against Tesla over labour conflict By Reuters
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Written by Isabel Carlson STOCKHOLM (Reuters) – Swedish labor union IF Metall has filed a lawsuit against Tesla Inc (NASDAQ:), alleging the company failed to inform employee representatives of changes in the workplace, which is mandatory under the country’s labor laws, union officials said on Thursday. This was the second…
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Connect First and Servus Credit Union begins a new era benefiting from merger
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on October 3, 2024 • 3 minutes…
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US East Coast port strike set to start Tuesday, says union By Reuters
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Written by David Shepardson and Steve Holland WASHINGTON (Reuters) – A strike at ports on the U.S. East Coast and Gulf of Mexico will begin on Tuesday, the International Longshoremen’s Union said on Sunday, signaling action that could cause delays and disrupt supply chains. “The United States Naval Alliance… refuses…
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Boeing wage talks break off without progress to end strike, union says By Reuters
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(Reuters) – The International Association of Machinists and Aerospace Workers (IAM) said late on Friday that its talks on a pay deal with Boeing (NYSE:) have stalled, and that there are no further dates scheduled for negotiations at this time. “We are open to talks with the company, either directly…
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Starbucks CEO Niccol says committed to “engage constructively” with workers union By Reuters
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Starbucks Inc.’s (NASDAQ: ) new CEO Brian Niccol said in a letter Tuesday that he “deeply respects” the coffee chain’s workers’ right to choose to be represented by a union and is committed to “engaging constructively.” Starbucks continues its contract negotiations with the union this week. This will be Niccol’s…
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Canada’s Unifor union ratifies two-year contract with General Motors By Reuters
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(Reuters) – Unifor union members at Ontario auto and battery assembly plants have ratified a two-year contract with General Motors that delivers significant wage increases, the Canadian labour union said on Sunday. Unifor Local 88 union members voted 95.7% in favor of ratifying the contract that will see workers’ wages…
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Canada’s Unifor union ratifies two-year contract with General Motors By Reuters
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(Reuters) – Unifor union members at Ontario auto and battery assembly plants have ratified a two-year contract with General Motors that delivers significant wage increases, the Canadian labour union said on Sunday. Unifor Local 88 union members voted 95.7% in favor of ratifying the contract that will see workers’ wages…
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Air Canada reaches last-minute agreement with pilots union, averting strike By Reuters
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Written by Jnaneshwar Rajan Air Canada said early Sunday it had reached a tentative agreement with its pilots’ union on a new four-year collective agreement, a last-minute deal that could avert a strike or lockout in the near term. Before the tentative agreement was reached, Canada’s largest airline was preparing…