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What this Boeing strike is really all about
  + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com   time to read: +6 min
New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.
Persons: , , Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, , — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States
Among other benefits increases, the contract would increase union members’ pay by last least 25% over four years. Union members have launched a series of protests this week outside of Boeing plants and may ultimately reject the new contract union leaders negotiated with Boeing management. The deal will be officially approved if more than 50% of the members vote in favor of the tentative agreement. That would prevent a strike, no matter how many workers vote to strike. If just more than a third of members vote against a strike, then the contract takes effect, no matter the results of the ratification vote.
Persons: we’ve, Kelly Ortberg, Jon Holden, ” Holden, Ortberg, , , Holden Organizations: New, New York CNN —, Boeing, Union, Alaska Airlines, International Association of Machinists, IAM, The Seattle Times, CNN Locations: New York, Oregon, Seattle, What’s, Washington
CNN —Former Los Angeles city councilman and California state Sen. Nate Holden said Friday that he was with former President Donald Trump in the helicopter ride that made an emergency landing, despite Trump saying it was former San Francisco Mayor Willie Brown. “Willie is the short Black guy living in San Francisco,” Holden said in an interview with Politico late Friday. Holden recalled meeting with Trump at Trump Tower before departing for Atlantic City, New Jersey, where they were planning to tour Trump’s since-closed Taj Mahal casino. Also aboard was Barbara Res, Trump’s former executive vice president of construction, who told Politico that the man on the helicopter was definitely Holden. She recalled Trump joking about Holden being scared on the flight, with Holden noting to Politico that it was Trump who was “scared sh*tless.”
Persons: Sen, Nate Holden, Donald Trump, Trump, Willie Brown, Willie, ” Holden, , , Brown, “ I’ve, ” Brown, ” Trump, Steven Cheung, Holden, Barbara Res, Res Organizations: CNN, Former, San Francisco, Politico, Trump, Atlantic, Taj Locations: Former Los Angeles, California, San Francisco, Los Angeles, Lago, Florida, Atlantic City , New Jersey, New Jersey
CNN —The recent leak of classified US documents on social media platform Discord seemingly caught many at the Pentagon by surprise. The recent leaks on Discord exposed a shortcoming in how the US government alerts platforms that they are hosting sensitive or classified information, according to Discord’s top lawyer. The episodes point to vexing challenges for social media platforms like Discord – where 21-year Air National Guardsman Jack Teixeira allegedly began posting classified information in December – and the US military, which has used Discord for recruiting. The Pentagon is trying to tap into online youth culture without it backfiring spectacularly, as it allegedly did with Teixeira. Classified or sensitive documents are also a unique problem for content moderators on social media sites.
The booming sports betting industry, lawmakers and even the professional sports leagues themselves are making it easier, faster and more tempting for people to bet on games — and develop gambling problems, say gambling researchers and addiction specialists. A flood of advertising, technology that allows for one-click betting at home, and nearly unlimited betting options during games have collided. The sports gambling industry is most similar to financial markets, he said, but financial markets are much more regulated than banks. Most states require that sports betting ads disclose the minimum legal age to gamble and responsible gambling messages, such as problem gambling hotlines. From DraftKingsRegulators are wary of how tightly they can curtail messages in gambling advertising without running afoul of First Amendment protections on commercial speech.
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