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Search resuls for: "Teamsters Pension Fund"


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But whether they are measured by income or educational attainment, President-elect Donald Trump won working-class voters overall while he made strong gains among nonwhite working-class voters like Hispanics and Asian Americans. As recently as 2012, non-college-educated voters were splitting their votes evenly or even slightly in favor of Democrats. But that has left the party’s leaders, donors, operatives and other decision-makers more removed from the lives of low- and middle-income workers, some labor leaders say. But there is widespread frustration that Trump outflanked Democrats to position himself as a champion of working people, as well as dissatisfaction with Democrats not limited to white or male union members. But that policy was not enough to overcome larger societal forces that have led many working-class voters to doubt Democrats’ commitment to their well-being.
Persons: Joe Biden, Kamala Harris ’, , Brent Booker, Booker, ” Booker, Donald Trump, Harris, Barack Obama, Trump, Republican recoiled, , Jimmy Williams, Liz Schuler, Schuler, ” Sen, Bernie Sanders, Biden, Will Stancil Organizations: Democratic Party, NBC, ’ International Union of, , Keystone Pipeline, Trump, Republican, International Union of Painters, Allied, ” Trade, , AFL, Democrats, Press, Teamsters, Democratic, International Association of Fire Fighters, International Longshoremen’s Association, United Mine Workers of, National Labor Relations Board Locations: Biden’s, ’ International Union of North America, Trump, China, Pittsburgh, United Mine Workers of America
Rep. Alexandria Ocasio-Cortez was none too pleased with the Teamsters' non-endorsement and expressed her dissatisfaction with the leadership of Sean O'Brien, the union's president. Advertisement"When the Teamsters are in trouble, who do they call when we need to make sure that Teamsters pensions are bailed out? Ocasio-Cortez's remarks reveal just how much unions will matter in this election — especially with organizing and turnout efforts. Vice President Kamala Harris has rallied hard for union support since she launched her presidential campaign. AdvertisementThe tug of war for union support reflects the high stakes for both candidates, particularly in the Upper Midwest, where organized labor has long been a robust political force.
Persons: , Kamala Harris, Donald Trump, Biden, Alexandria Ocasio, Cortez, Sean O'Brien, Sean O'Brien's, CNN's Manu Raju, O'Brien, Harris, Trump, couldn't, O'Brien's, Tim Walz, Walz, Just, let's, Wisconsin —, James P, Hoffa, JEFF KOWALSKY, Getty Images Trump Organizations: Service, Teamsters, Business, New York Democratic, CNN, Congressional, Trump, Democratic, O'Brien's CNN, Minnesota Gov, New, Wisconsin, Getty Images, White Locations: Alexandria, Ocasio, Cortez, Michigan , Nevada, Pennsylvania, Harris, New York City, , Michigan, Midwest, AFP, Upper Midwest, Michigan , Pennsylvania, Wisconsin
CNN —Amazon just inked a deal with chief competitor and Elon Musk-helmed SpaceX to launch internet-beaming satellites — a move that comes even as Amazon founder Jeff Bezos pursues his own space dreams with his own rocket company, Blue Origin, and as SpaceX builds its own internet constellation. Some Amazon satellites will still ride on a large rocket made by Blue Origin, dubbed the New Glenn. Amazon is working to build a constellation of thousands of internet satellites, called Project Kuiper, that is planned to beam connectivity across the planet. The Jeff Bezos-founded company made headlines in April 2022 when it signed a contract worth billions of dollars to launch Kuiper satellites on 77 rockets built by Blue Origin — another Bezos-founded venture — as well as ULA and European launch provider Arianespace. In an interview last month, Rajeev Badyal, vice president of technology for Project Kuiper, told CNN the prototypes were wholly successful.
Persons: Elon Musk, Jeff Bezos, Musk, Glenn, it’s, SpaceX’s, Lockheed Martin, , , Amazon, Rajeev Badyal, Kuiper, ” Badyal, Badyal Organizations: CNN, SpaceX, Amazon, SpaceX Falcon, United Launch Alliance, Boeing, Lockheed, , Cleveland Bakers, Teamsters, Fund Locations: ULA, European
REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsAug 31 (Reuters) - An Amazon (AMZN.O) shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed to fully vet a decision to award launch contracts for the company's Project Kuiper satellite project to Blue Origin, Bezos's space company. Amazon's Project Kuiper is a planned network of over 3,000 satellites designed to beam broadband internet to remote regions. Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, said in its filing that the launch contracts were the second-largest capital expenditure in Amazon's history at the time. Project Kuiper will begin mass-producing the satellites later this year and beta testing with commercial customers in 2024, Amazon said earlier this year. The pension fund seeks unspecified damages and legal fees, according to a lawsuit filed on August 28 in the Delaware Court of Chancery.
Persons: Pascal, Jeff Bezos, Elon Musk, Musk's Starlink, Amazon, Chandni Shah, Abinaya, Lavanya, Kevin Krolicki Organizations: REUTERS, Amazon, Cleveland Bakers, Teamsters, Fund, Origin, SpaceX, Reuters, Teamsters Pension Fund, FCC, Thomson Locations: Lauwin, France, Delaware, Bengaluru
An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk , who has taunted his fellow billionaire's space ambitions for years. Last year, Amazon announced what it called the biggest rocket deal in the commercial space industry's history, signing launch contracts with United Launch Alliance (ULA), Arianespace, and Bezos' Blue Origin. Blue Origin has yet to provide a statement in response to CNBC's request for comment on the lawsuit. In January 2022, the suit says Bezos' team told the Amazon audit committee that two contracts had been fully negotiated with Blue Origin and ULA. "Bezos, it must be assumed, could not swallow his pride to seek his bitter rival's help to launch Amazon's satellites," the suit adds.
Persons: Jeff Bezos, Elon Musk, Bezos, , Andy Jassy, Eisenhofer, Origin's, ULA Organizations: SpaceX, Tesla, Origin, Cleveland Bakers, Teamsters Pension Fund, Amazon, Elon, United Launch, CNBC, CB, Blue, FCC, Foods Locations: Delaware, New York
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