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Search resuls for: "Fred Zuckerman"


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A recipe for a bull market, apparently. “The key difference for us is that you tend to see bull markets coincide with economic expansions, not economic contractions.”Still, since the last bull market, we’ve had a pandemic, a war in Europe, a banking crisis and a debt crisis among other dramas. “Such narrowness is not what new bull markets are built on.”The bottom line: Investors should “avoid getting sucked into this as a new bull market,” said Samana. A nationwide UPS strike would be the largest work stoppage in US history, reports my colleague Vanessa Yurkevich. US Bankruptcies reach highest level in 13 yearsChapter 11 filings in the US have reached their highest levels since the end of the Great Recession, according to new data from S&P Global Market Intelligence..
Persons: “ We’re, ” Sameer Samana, we’ve, , Kevin Gordon, Charles Schwab, Lisa Shalett, they’ve, Vanessa Yurkevich, We’ve, Fred Zuckerman, pare Organizations: CNN Business, Bell, New York CNN, Federal, Wells, Wells Fargo Investment Institute, CNN, Tech, Nvidia, US, Morgan Stanley Wealth Management, UPS, Teamsters, , Brotherhood of Teamsters, 1st, , , P Global Market Intelligence, Bed, P, Retail, City Locations: New York, Wells Fargo, Europe, Samana, America
CNN —As Americans become even more reliant on delivery, hundreds of thousands of UPS workers this week could authorize a strike that will bring the world’s biggest package courier to a standstill. UPS workers will vote this week on whether to authorize a strike if their union – the International Brotherhood of Teamsters – does not reach a new contract with UPS by August 1st. A nationwide UPS strike would be the largest work stoppage in US history. The union represents more than half of UPS’s total global employee base – 340,000 UPS Teamsters – which includes drivers and package sorters. “The National Committee strongly urges all UPS Teamsters to vote YES to authorize a strike.
Persons: , , Sean M, O’Brien, We’ve, Fred Zuckerman, we’ve, CNN’s Chris Isidore Organizations: CNN, , Brotherhood of Teamsters, UPS, 1st, Teamsters, National,
The union has been preparing to strike for months, but UPS CEO Carol Tomé has said she wants a contract that's good for the Teamsters, UPS employees at large, and the company. Weekend warriorsWeekend deliveries have been a point of tension between UPS and the union for years. Because the contract restricts how many 22.4s the company can hire, UPS often pays weekday drivers overtime to work Saturdays. In fact, we're not waiting for the bargaining table," Tomé said. "UPS Management talks about return on invested capital but UPS #Teamsters are the capital...Time to invest in them & spread the wealth," O'Brien tweeted.
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