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☆ United Auto Workers-Daimler Truck agreement draws praise from Biden
▼ + stars: | 2024-04-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —President Joe Biden praised the United Auto Workers and Daimler Truck for reaching a tentative in the eleventh hour Friday night, preventing a potential strike affecting 7,300 workers. Daimler is a major manufacturer of trucks and buses, responsible for producing Thomas Built buses, one of the most popular brands of school buses in the United States. CNN has reached out to Daimler Truck for comment. The tentative agreement comes on the heels of increased momentum for the UAW. The subsequent contract negotiations won record pay increases for UAW members at the three companies.

Persons: Joe Biden, ” Biden, Shawn Fain, Thomas Organizations: New, New York CNN, United Auto Workers, Daimler, UAW, Facebook, CNN, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, —, Motors, Ford Locations: New York, United States, Chattanooga , Tennessee, Vance , Alabama, Tuscaloosa

☆ Daimler Truck reaches deal with United Auto Workers, averts U.S. strike
▼ + stars: | 2024-04-27 | by ( ) www.cnbc.com time to read: +2 min

An eActros is unveiled at the Mercedes-Benz truck plant of Daimler Truck AG on Ocotber 7, 2021. Daimler Truck agreed to a new labor contract on Friday with over 7,300 hourly workers represented by the United Auto Workers (UAW) at six facilities in the U.S. South, averting a strike at the 11th hour. Daimler Truck, which makes Freightliner and Western Star trucks and Thomas Built buses, had faced the possibility of a strike beginning at midnight ET. Fain's speech on Friday started almost an hour later than scheduled as Daimler Truck made late concessions, Fain explained. Under Friday's deal, Daimler Truck workers will receive a minimum 25% general wage increase over the four-year contract, Fain said.

Persons: Shawn Fain, Thomas, Daimler Truck, Fain Organizations: Mercedes, Benz, Daimler Truck AG, Daimler, United Auto Workers, UAW, YouTube, Freightliner, Western Star, Daimler Truck, Detroit Three, General Motors, Ford, Detroit Locations: U.S, Charlotte , North Carolina, Alabama

☆ GM earnings rise more than expected
▼ + stars: | 2024-04-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

But GM said it expects its North American EV business to turn a profit in the second half of the year. That and strong demand for traditional gasoline-powered vehicles allowed it to raise its earnings forecast for the year. But the company announced a $10 billion share repurchase last fall following its labor deal with the United Auto Workers union. The fewer number of shares outstanding allowed it to report improved earnings per share, which is closely watched by investors. That resulted in adjusted earnings per share of $2.62, up 18.6%, easily topping forecasts that EPS would slip to $2.13.

Persons: Motors Organizations: New, New York CNN —, American, GM, EVs, United Auto Workers, Revenue, Fleet Locations: New York

☆ How the UAW’s win may change the South
▼ + stars: | 2024-04-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Now, the United Auto Workers has dealt a serious blow to that model: winning a landslide union victory after decades of failing to unionize automakers in the South. It’s the UAW’s first win in trying to represent workers at a foreign car manufacturing plant in the South. Before Friday’s win, the highest profile union election held in the South in recent years was the attempt to organize Amazon warehouse workers in Alabama in 2022. Bill Lee in 2019 visited Volkswagen’s plant in Chattanooga to encourage workers to reject the union, and former South Carolina Gov. But the Volkswagen win, said UAW President Shawn Fain to CNN, shows that politics are not an insurmountable obstacle when it comes to organizing in the South.

Persons: Stephen Silvia, Southern, ” Silvia, – Tesla, Tesla, Henry McMaster, Kay Ivey, “, ”, Erica Smiley, Honda, Friday’s, you’ve, they’ve, Bill Lee, Nikki Haley, Biden —, Shawn Fain, “ Trump, ” Fain, “ I’m, George Walker IV, Harley Shaiken, Justice, CNN’s Chris Isidore Organizations: New, New York CNN, United Auto Workers, UAW, American University, Southern Gamble, Workers, Foreign, Volkswagen, Mercedes, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, –, South Carolina Gov, Alabama Gov, “ Unions, Justice, Union, Auto, South Detroit, Benz, Kia, P Global Market Intelligence, Republicans, Environmental Defense Fund, Southern, “, GOP, Tennessee Gov, Democratic, CNN, Tennessee, AP, Chattanooga won’t, University of California, Jobs Locations: New York, United States, Volkswagen’s, Chattanooga , Tennessee, Tennessee, South Carolina, North Carolina, Louisiana, Texas, Mercedes, Vance , Alabama, Alabama, Smyrna , Tennessee, Spartanburg , South Carolina, Lincoln , Alabama, Southern, South, Chattanooga, Georgia, Berkeley

☆ What investors should know about the UAW's organizing drive of VW
▼ + stars: | 2024-04-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

"We're going to carry this fight on to Mercedes and everywhere else," Fain told VW workers Friday night following the historic vote. Impact on labor costsTop of the list of likely impacts from organizing efforts at VW is labor costs. But for the Big Three Detroit automakers — and their shareholders — the VW organizing drive could be a positive. GM, Ford and Stellantis have higher all-in labor costs than non-organized automakers such as VW. Fain on Friday said "the real fight begins now," referring to the expected negotiations between the union and VW.

Persons: Elijah Nouvelage, Alex Hertel, Fernandez, It's, Shawn Fain, Kelcey Smith, Kevin Wurm, Fain, Let's, Joe Biden, Evelyn Hockstein, there's, – Organizations: Volkswagen, Getty, DETROIT, United Auto Workers, UAW, Detroit union's, U.S . Department of Labor, Columbia University, Union, National Labor Relations Board, NLRB, VW, General Motors, Ford Motor, Chrysler, Detroit automakers, BMW, Honda, Hyundai, Mazda, Benz, Nissan, Subaru, Toyota, Volvo, Washington Post, Workers, Mercedes, UBS, Big Three Detroit automakers —, GM, Ford, Chamber, U.S, Capitol, Reuters Locations: Chattanooga , Tennessee, U.S, Vance , Alabama, Chattanooga, Washington , U.S, Detroit

☆ Opinion | When Pregnant Patients ‘Become Radioactive to Emergency Departments’
▼ + stars: | 2024-04-20 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +3 min

I thought I would follow up my Tuesday column on abortion rights with this report from The Associated Press, on the state of emergency services for pregnant women. One woman miscarried in the lobby restroom of a Texas emergency room as front desk staff refused to check her in. And in North Carolina, a woman gave birth in a car after an emergency room couldn’t offer an ultrasound. shows, is needless suffering:The staff at Person Memorial Hospital in Roxboro, N. C., told a pregnant woman who was complaining of stomach pain that they would not be able to provide her with an ultrasound. Republican lawmakers do not seem too concerned with the fact that there are no real exceptions to their abortion laws.

Persons: Roe, Wade, you’ve, You’ve, —, John Ganz Organizations: Associated Press, U.S, Supreme, The Associated Press, ”, Person Memorial, United Auto Workers Locations: Texas, Florida, North Carolina, Roxboro

☆ The last thing Elon Musk wants right now is barrelling toward Tesla
▼ + stars: | 2024-04-20 | by ( Nora Naughton | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The United Auto Workers union won a critical vote at a plant in Tenessee. The union's white whale is Tesla, workers of which have never been represented by a union. The warm-up for TeslaConquering the South is just a warm-up for the big event for the UAW: Organizing Tesla. Tesla has never held a union vote at any of its US facilities. Many Tesla workers already make more per hour than their unionized counterparts.

Persons: aren't, —, Shawn Fain, Fain, Tesla, Elon Musk, Elon Organizations: United Auto Workers, Service, UAW, National Labor Relations Board, Reuters, unionizing, Detroit, Volkswagen, Mercedes, Tesla, Organizing, New York Times Locations: Tenessee, Tennessee, Chattanooga, Detroit, Alabama, Sweden

☆ VW workers in Tennessee vote to join UAW in historic win for Detroit union
▼ + stars: | 2024-04-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

According to results posted by the UAW's main lawyer, union organizing passed with 73% of the vote, or 2,628 workers, in support for the UAW, according to the post. A total of 3,620, or roughly 84%, of the more than 4,300 eligible VW workers voted in the election, the union said. "In a historic victory, an overwhelming majority of Volkswagen workers in Chattanooga, Tennessee, have voted to join the UAW," the union said in a release Friday night before official results were released by the NLRB. "While votes continue to be tallied, the outcome is clear: Volkswagen workers in Chattanooga are the first Southern autoworkers outside of the Big Three to win their union." VW confirmed the UAW's win in a release Friday night but offered little comment.

Organizations: United Auto Workers, UAW, VW, Volkswagen, NLRB, General Motors, Ford Motor, Chrysler Locations: Chattanooga , Tennessee, Detroit's, Chattanooga, Southern, U.S

☆ Opinion | Here’s Something Southern Republican Governors Are Afraid Of
▼ + stars: | 2024-04-19 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +1 min

Last year, the United Auto Workers announced an ambitious plan to organize workers and unionize foreign-owned auto plants in the South. “When we return to the bargaining table in 2028, it won’t just be with the Big Three. is targeting 13 automakers — including Toyota, Hyundai, Honda, Nissan, Volvo and Tesla — employing around 150,000 workers in 36 nonunion plants across the South. The mere potential for union success was so threatening that the day before the vote began, several of the Southern Republican governors announced their opposition to the U.A.W. “We the governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas are highly concerned about the unionization campaign driven by misinformation and scare tactics that the U.A.W.

Persons: ” Shawn Fain, ” Fain, it’s, “, ” Organizations: United Auto Workers, Ford, General Motors, Chrysler, Toyota, Hyundai, Honda, Nissan, Volvo, Tesla, Volkswagen, Southern Republican Locations: Chattanooga , Tenn, Alabama, Georgia , Mississippi, South Carolina , Tennessee, Texas

☆ UAW says Volkswagen workers vote overwhelmingly to join union, giving it groundbreaking win
▼ + stars: | 2024-04-19 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

If the union can win the right to represent workers across the broad swath of the nonunion auto plants, it could increase their leverage in future contract negotiations. Most of the nonunion auto plants are spread across the south. It is also seeking to represent workers at three American automakers making electric vehicles – Tesla, Rivian and Lucid. Many of the nonunion automakers, including Volkswagen, gave their workers similar raises in the wake of the UAW contracts. And the UAW has had little success winning the right to represent nonunion auto workers since then, until Friday’s vote.

Persons: ”, Kelcey Smith, Bill Lee Organizations: New, New York CNN, United Auto Workers, National Labor Relations Board, UAW, Volkswagen, – General Motors, Ford, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, American, Mercedes, Tennessee Gov Locations: New York, Chattanooga , Tennessee, United States, Southern, Vance , Alabama, Tuscaloosa, Volkswagen’s Chattanooga, Alabama, Georgia , Mississippi, South Carolina, Texas, American, Pennsylvania

☆ UAW union vote at Volkswagen could have big implications for US auto industry and labor’s strength in South
▼ + stars: | 2024-04-19 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

A whole lot of people who were anti-union in the past have switched.”The union vote at the Volkswagen plant will mean more than whether the 4,300 hourly workers in Chattanooga are members of the UAW or not. But he said he wants the better pay and benefits he sees workers at unionized auto plants are getting, in order to provide more for his family. Volkswagen staying neutralThe company said it is neutral in the election, only urging workers to vote however they want. That’s relatively rare in union representation elections, where management often lobbies workers to vote no at mandatory meetings, and sometimes takes action against union organizers. Bill Lee and five other Southern governors – from Alabama, Georgia, Mississippi, South Carolina and Texas – who have nonunion auto plants in their states.

Persons: Renee Berry, ”, they’re, Darrell Belcher, it’s, Berry, ” Berry, Kelcey Smith, ” Smith, “, Belcher, he’s, Mercedes –, Tesla, Wheaton, Bill Lee, –, Joe Biden, Corey Linn, Biden, He’s, ’ ” Berry Organizations: New, New York CNN, Volkswagen, United Auto Workers, UAW, unionize, ” UAW, GM, Ford, VW, “, Mercedes – BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, Cornell University’s Industrial, Labor Relations, Tennessee Republican Gov, Southern, ”, don’t Locations: New York, Chattanooga , Tennessee, Chattanooga, Tennessee, Michigan, Pennsylvania, Mexico, Germany, United States, Tuscaloosa , Alabama, Alabama , Georgia , Mississippi, South Carolina, Texas

☆ Time’s 100 Most Influential People: Five icons you should know from the 2024 list
▼ + stars: | 2024-04-18 | by ( Leah Asmelash | ) edition.cnn.com time to read: +7 min

TIME released its list of the 100 Most Influential People for 2024 on Wednesday. The annual list, which asks cultural and political icons to highlight the changemakers of the past year, features dozens of athletes, entertainers, artists and politicians. Beninese music legend Angélique Kidjo wrote about Nigerian artist Burna Boy, who in turn wrote about rapper 21 Savage. Shawn Fain, UAW PresidentPresident Joe Biden wrote about Shawn Fain, president of the United Auto Workers, for TIME. Mohammed Abed/AFP/Getty ImagesAt just 25 years of age, Motaz Azaiza is the youngest person on this year’s TIME list.

Persons: Alex Rodriguez, Patrick Mahomes, Amy Poehler, Maya Rudolph, Raquel Willis, Elliot Page, Angélique Kidjo, Burna Boy, Taraji P, Henson, Coleman Domingo, Shawn Fain, Joe Biden, Tom Williams, ” Fain, Biden, “, —, Fain, ” Biden, Motaz Azaiza, Yasmeen Serhan, Mohammed Abed, Azaiza, Instagram, ” Serhan, CNN —, ” Azaiza, ” Jenni Hermoso, Jenni Hermoso, Mana Shim, Fran Santiago, Luis Rubiales, Hermoso’s, Rubiales, Hermoso, “ Hermoso, ” Shim, Sakshi Malik, Nisha Pahuja, Brij Bhushan Sharan Singh, Manish Rajput, Malik, Singh, ” Malik, Bhushan Sharan Singh’s, ”, Yulia Navalnaya, Russia’s, Alexei Navalny, Kamala Harris, Monika Skolimowska, Alexey Navalny, Putin, “ Putin, Navalnaya, “ Navalnaya, ” Harris Organizations: CNN, TIME, United Auto Workers, UAW, Toyota, Honda, Hyundai, Getty, “, UEFA Women's Nations League, UEFA, Spanish Women’s National Team, FIFA, Wrestling Federation of India, India Today, Delhi Locations: Dua Lipa, Gaza, AFP, Palestinian, Spanish, American, Indian, Rio ., Europe, Berlin, Paris, Hague, ”, Russian, Russia

☆ Volkswagen union vote in Tennessee to test UAW's power after victories in Detroit
▼ + stars: | 2024-04-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Elijah Nouvelage | Getty ImagesDETROIT — Volkswagen workers in Chattanooga, Tennessee, will vote this week on whether to organize with the United Auto Workers in a key test of the union's sway. More than 4,000 VW workers are eligible to vote, beginning Wednesday and ending at 8 p.m. EDT on Friday. The organizing vote, which is being overseen by the National Labor Relations Board, will need a simple majority to succeed. Volkswagen, which has union workers at non-U.S. plants, has said it will let its workers determine whether to organize. An aerial view of the Chattanooga Volkswagen factory in Chattanooga, Tennessee on April 10, 2024.

Persons: Elijah Nouvelage, Shawn Fain, Fain, Stephen Silvia, Southern, Silvia, Kevin Wurm, it's, we're, —, Isaac Meadows, Meadows Organizations: Volkswagen, Getty, DETROIT, United Auto Workers, UAW, General Motors, Ford Motor, Chrysler, Detroit, Tennessee VW, VW, National Labor Relations Board, Detroit automakers, Southern Gamble, Workers, Foreign, American University, Washington , D.C, Chattanooga Volkswagen, Washington Post, Ford Locations: Chattanooga , Tennessee, U.S, Detroit, Tennessee, Chattanooga, Washington ,

☆ Republican governors from six states condemn UAW campaigns, citing potential for layoffs
▼ + stars: | 2024-04-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Republican governors of six states on Tuesday condemned the United Auto Workers' push to organize automotive factories in the South, warning the union's efforts could lead to layoffs and fewer future investments. The joint statement — signed by governors in Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas — comes a day before Volkswagen workers in Chattanooga, Tennessee, begin voting on whether to join the UAW. The VW vote is part of an unprecedented labor organizing drive announced last year by UAW President Shawn Fain that targets 13 automakers operating in southern states and elsewhere. "We have worked tirelessly on behalf of our constituents to bring good-paying jobs to our states. Unionization would certainly put our states' jobs in jeopardy — in fact, in this year already, all of the UAW automakers have announced layoffs," read the statement.

Persons: —, Texas —, Shawn Fain, Bill Lee Organizations: DETROIT, United Auto Workers, UAW, VW, General Motors, Ford Motor, Chrysler, Tennessee Gov Locations: Alabama , Georgia , Mississippi, South Carolina , Tennessee, Texas, Chattanooga , Tennessee

☆ Ford stock can go higher by taking a page of out Detroit rival GM's playbook
▼ + stars: | 2024-04-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

General Motors is buying back a ton of stock; Ford, so far, not so much. Before the buyback disclosure late this year, Ford had been down 10%, which was less than GM's 14% decline. In 2023, Ford spent $5.33 billion on dividends and stock repurchases, with only 6.3% of that total on buybacks. In guidance alongside Q4 numbers, Ford said it expects warranty costs for full-year 2024 to be flat year over year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Ford, Jim Cramer, General Motors, Adrian Yanoshik, Jim, Morgan Stanley, Adam Jonas, Jonas, BEV, John Lawler, Redburn's Yanoshik, Jim Cramer's, Paul Hennessy, LightRocket Organizations: General Motors, Ford, GM, CNBC, General, United Auto Workers, Capital, Renaissance, Getty

☆ Who’s coming to the White House’s Japan state dinner: the Clintons, De Niro, Bezos
▼ + stars: | 2024-04-10 | by ( Betsy Klein | ) edition.cnn.com time to read: +4 min

The guest list also includes Director of National Intelligence Avril Haines, US Trade Representative Katherine Tai, US Ambassador to the United Nations Linda Thomas-Greenfield and White House chief of staff Jeff Zients. NBC News White House correspondent Kelly O’Donnell, who is the president of the White House Correspondents Association, will attend, as well as Washington Post columnist Josh Rogin. First lady Jill Biden chose Simon to perform at the state dinner because Kishida also “shares an appreciation” for his work, a White House official said. The state dinner for South Korean President Yoon Suk Yeol featured a Broadway star’s performance of Don McLean’s “American Pie” – a personal favorite of Yoon. It led to one of the iconic state dinner moments of the Biden presidency – Yoon picking up a microphone to serenade guests with a few lines from the song.

Persons: Bill Clinton, Hillary Clinton, Robert De Niro, Jeff Bezos, Fumio Kishida, Joe Biden, Kristi Yamaguchi, Tim Cook, Laurence Fink, Jamie Dimon, Brad Smith, Shawn Fain, Cecile Richards, Antony Blinken, Janet Yellen, Alejandro Mayorkas, Jennifer Granholm, Gina Raimondo, National Intelligence Avril Haines, Katherine Tai, United Nations Linda Thomas, Jeff Zients, CQ, Jerome Powell, Bill Nelson, Biden, Donald Trump, De Niro, Nelson, ” Nelson, Sen, Bill Hagerty, Trump, Rahm Emanuel, Kelly O’Donnell, Josh Rogin, Kamala Harris, Doug Emhoff, Kathy Hochul, Josh Shapiro, Tony Evers, Roy Cooper of, Mazie, Jeff Merkley, Ashley Biden, Howard Krein, Finnegan Biden, Naomi Biden Neal, Peter Neal, Paul Simon, Jill Biden, Simon, Kishida, ”, It’s, Yoon Suk, Don McLean’s, Yoon, – Yoon, CNN’s Arlette Saenz Organizations: CNN, Amazon, White, Japan’s, Apple, BlackRock, JPMorgan, Microsoft, United Auto Workers, Planned, Biden, Homeland, Senate, Energy, National Intelligence, US, United Nations, White House, Joint Chiefs, Staff, Federal, NASA, Tennessee Republican, NBC, White House Correspondents Association, Washington, Democratic, Gov, Pennsylvania, South Korean Locations: Japanese American, Greenfield, Cleveland , Ohio, Japan, New York, Tony Evers of Wisconsin, Roy Cooper of North Carolina, Hawaii, Oregon

☆ Lawsuit says Atlantic City casino workers are exposed to harmful secondhand smoke
▼ + stars: | 2024-04-05 | by ( Ramishah Maruf | Jeff Winter | ) edition.cnn.com time to read: +4 min

New York CNN —Smoky, hazy gambling floors have long been part of the Atlantic City casino experience for some people. Phil Murphy and the state’s health commissioner claiming that a loophole in state law exposes casino workers to health problems from secondhand smoke. Casino workers have long been advocating for protections under the 2006 smoke-free law, but progress has been snagged for years in the New Jersey legislature. But somehow, our casino workers have been asked to roll the dice,” UAW President Shawn Fain said at a press conference Friday. The casino workers have faced “death, severe physical illness, severe mental, physical and emotional distress, pain and suffering, anxiety, and stress,” the lawsuit said.

Persons: Phil Murphy, Murphy, Kaitlan Baston, New Jersey —, Shawn Fain, Matt Rourke, ”, smokin, Bill Organizations: New, New York CNN, Atlantic City, United Auto Workers, New Jersey Gov, Act, Workers, United Auto Workers union, Caesars, Tropicana, statehouse, New Jersey Health Department, New Jersey News, ’ Rights, Bally’s, CNN, Caesars Atlantic City, Caesars Entertainment Locations: New York, New Jersey, Bally’s, Trenton , NJ, City, Middletown , New Jersey, Atlantic, Pall

☆ UAW reaches milestone in filing for a union vote at second nonunion auto plant
▼ + stars: | 2024-04-05 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

But while that VW plant has had two votes before this, the Mercedes plant has never reached the threshold of union support that resulted in an election being held. An election at the Mercedes plant has yet to be confirmed by the National Labor Relations Board, which oversees such votes, let alone scheduled. While the UAW has filed for a vote at Mercedes’ Alabama plant, it has yet to file for a vote at its plant in Charleston, South Carolina. A high-profile union organizing vote at an Amazon warehouse in nearby Bessemer, Alabama was defeated in a close vote in 2021. And management of the non-union automakers is likely to fight union organizing efforts.

Persons: Mercedes, ” Organizations: New, New York CNN, United Auto Workers, UAW, Volkswagen, VW, National Labor Relations Board, Benz, International, General Motors, Ford, Mercedes, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, GM Locations: New York, Alabama, Chattanooga , Tennessee, VW Chattanooga, Vance , Alabama, Tuscaloosa, Mexico, Edmunds, Tennessee, Mercedes ’ Alabama, Charleston , South Carolina, Bessemer , Alabama

☆ The 4-day workweek could be here sooner than you think
▼ + stars: | 2024-03-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

AdvertisementThe much-coveted four-day workweek is back in the news this month after Sen. Bernie Sanders introduced new legislation and held a congressional hearing calling for a 32-hour national workweek. The buzz around a shorter workweek became a certified boom with the COVID-19 pandemic. AdvertisementThe four-day workweek has, in many ways, become shorthand for any shorter workweek, encompassing a wide variety of flexible schedules. Attracting top-tier employees is just one reason Dimitri Cavathas, CEO of Lower Shore Clinic, started considering a four-day workweek for his company. Lawmakers in several states have introduced legislation posing four-day workweek trials or research programs, including California, Massachusetts, Maryland, and Hawaii, though none have passed yet.

Persons: workweek, —, Sen, Bernie Sanders, Richard Nixon, Alex Soojung, Kim Pang, haven't, Pang, You've, Phil McParlane, McParlane, Getty, nix, Dimitri Cavathas, Cavathas, Paul Sancya Organizations: Service, Global, Panasonic, Lower Shore Clinic, United Auto Workers, AP, Fortune Locations: Scotland, Maryland, Greece, The Maryland, California , Massachusetts, Hawaii, US

☆ What investors should know about the U.S. easing vehicle emissions rules
▼ + stars: | 2024-03-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. The new Environmental Protection Agency rules released Wednesday aim to cut tailpipe emissions by 49% between model years 2027 and 2032. The EPA set a target for EVs to make up at least 35% of new vehicle sales by 2032. The EPA's new strategy for cutting tailpipe emissions doesn't focus only on EVs. The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers could meet the emissions regulations.

Persons: Joe Biden, Saul Loeb, Biden, Emmanuel Rosner, Mary Barra, Ngan, John Bozzella, Stocks, Tesla, weren't, Chelsea Hodgkins, Martin Viecha, Chris Kapsch, Morgan Stanley, Adam Jonas Organizations: United Auto Workers, Marriott Marquis, Washington , D.C, AFP, Getty, DETROIT, Environmental Protection Agency, EPA, EV, Detroit Automotive, Wall Street, Detroit, General Motors, Ford Motor, Chrysler, capex, Deutsche Bank, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance for Automotive Innovation, United Auto Workers union, UAW, Toyota, Public Citizen, Sierra Club, Democratic, GM, Ford Locations: Washington ,, Detroit , Michigan, U.S, Detroit, Michigan

☆ Union households tend to have over $100,000 more in wealth than nonunion families, Federal Reserve data shows
▼ + stars: | 2024-03-21 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

The Center for American Progress, a left-leaning think tank, looked at just how much better union workers are faring. By analyzing the Federal Reserve's Survey of Consumer Finances, CAP found that in 2022, union households held $338,482 in median wealth. Black, nonunion households have a median household wealth of $61,500; meanwhile, Black union households hold around $164,6000 in median household wealth. Union membership rates have declined for decades, reaching a record low of 10% in 2023. The researcher VanHeuvelen previously told BI that the decline in union membership would be like if the wage premium for going to college disappeared.

Persons: it's, Zachary Parolin, Tom VanHeuvelen, VanHeuvelen Organizations: Service, American Progress, Reserve's Survey, Consumer Finances, CAP, Business, Bureau of Labor Statistics, Labor Statistics, of Labor Statistics, Research, Bocconi University, University of Minnesota Twin Cities, Workers, —, United Auto Workers, UPS Teamsters, SAG Locations: United States

☆ Biden slows his timeline for the shift to EVs in a compromise with unions concerned about jobs
▼ + stars: | 2024-03-20 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

President Joe Biden is giving automakers more time to ramp up sales of electric vehicles, following pressure from the industry and labor unions concerned about a rapid transition to EVs. Cars are the single-largest source of greenhouse gas emissions. Still, the United Auto Workers worries that a rapid shift to EVs will cost jobs because EV manufacturing requires fewer assembly parts. Pacing EV adoptionThe tailpipe rules land as the EV market hits some bumps in the road. AdvertisementStill, analysts predict that EV sales will continue to push higher, thanks to newer models at more affordable prices and the continued build-out of charging stations.

Persons: Joe Biden, —, John Bozzella, Kelley, Power, Albert Gore, Tesla Organizations: Service, Environmental Protection Agency, Wednesday, Business, United Auto Workers, UAW, Alliance for Automotive Innovation, Ford, General Motors, Zero Emissions Transportation Association, EV, EPA, Research Locations: United States

☆ EPA issues new auto rules aimed at cutting carbon emissions, boosting electric vehicles and hybrids
▼ + stars: | 2024-03-20 | by ( ) www.cnbc.com time to read: +8 min

Kevin Lamarque | ReutersThe Biden administration announced new automobile emissions standards Wednesday that officials called the most ambitious plan ever to cut planet-warming emissions from passenger vehicles. The rules come as sales of electric vehicles, which are needed to meet the standards, have begun to slow. The agency is finalizing the rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. At the same time, the Democratic president needs cooperation from the auto industry and political support from auto workers, a key political voting bloc. White House press secretary Karine Jean-Pierre said Tuesday that White House officials "don't have any concerns" about the final EPA rule.

Persons: Joe Biden, Kevin Lamarque, Michael Regan, Regan, Biden, Karine Jean, Pierre, ″, we're, Manish Bapna, Amanda Leland, Dan Becker, Donald Trump, Becker, Trump, Biden's Organizations: Detroit Auto, Reuters, Biden, Environmental Protection Agency, EPA, Democratic, United Auto Workers union, White, Natural Resources Defense, Environmental Defense Fund, Center for Biological Diversity Locations: America, Detroit , Michigan, EVs, Detroit, China

☆ Biden administration softens EV mileage rule in a win for automakers
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +6 min

The original Biden administration proposal would have lowered such "petroleum-equivalent fuel economy" ratings for EVs by 72% in 2027. The industry cheered the Energy Department announcement. Automakers, auto dealers and the UAW called the original EPA plan unrealistic. The National Resources Defense Council (NRDC) and Sierra Club had urged EV mileage rating reductions after the Energy Department left them unchanged for two decades. "The automakers' free ride is over," he said, adding that changes "will curtail automakers' use of phantom credits they used to keep selling gas-guzzlers."

Persons: Biden, Joe Biden's, Donald Trump, John Bozella, Tesla, Pete Huffman Organizations: Detroit, Biden, Department of Energy, Reuters, U.S, Republican, Energy Department, Ford, Alliance, Automotive, United Auto Workers, General Motors, Chrysler, Traffic, Environmental Protection Agency, EPA, Toyota, Honda, Hyundai, GM, Volkswagen, UAW, National Resources Defense Council, Sierra Club, Energy Locations: New York City, United States, Michigan, fleetwide, U.S, NRDC

☆ UAW files for union vote at Volkswagen’s Tennessee plant
▼ + stars: | 2024-03-18 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The United Auto Workers union is seeking a union representation vote among more than 4,000 hourly workers at the Volkswagen plant in Chattanooga, Tennessee. The union has announced a broad-based campaign to win representation at the American plants of 13 nonunion automakers. That is slightly more than the union’s representation at the three unionized automakers, which have about 145,000 UAW members between them. The VW Chattanooga plant is the only factory operated by VW that does not have union representation. Once the election process starts, management often holds mandatory meetings with staff to make the case against union representation, and that convinces some earlier supporters of the union to end their support.

Persons: –, ”, Victor Vaughn, ” Vaughn, “ Organizations: New, New York CNN, United Auto Workers, Volkswagen, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, – Tesla, –, Motors, Ford, Jeep, Dodge, Chrysler, VW, ” Locations: New York, Chattanooga , Tennessee, VW Chattanooga, Chattanooga

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