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Honda is cutting the time it takes to reach the top wage, a change that is similar to one won by the UAW in its negotiations with GM, Ford and Stellantis. Photo: Eugene Hoshiko/Associated PressHonda Motor is giving many U.S. factory workers a 11% pay bump and making other improvements for these employees, a move that follows major gains secured by the United Auto Workers union in Detroit last month. The base wage increase is effective in January, according to a memo viewed by The Wall Street Journal. The Japanese automaker is also cutting the time it takes to reach the top wage in half to three from six years, a change that is similar to one won by the UAW in its negotiations with General Motors , Ford Motor and Chrysler-parent Stellantis .
Persons: Eugene Hoshiko Organizations: Honda, UAW, GM, Ford, Associated Press Honda, U.S, United Auto Workers, Wall Street, General Motors, Ford Motor, Chrysler Locations: Detroit
Biden’s ‘Up-Ticket’ Ballot Strategy
  + stars: | 2023-11-10 | by ( Susan Milligan | Lauren Camera | ) www.usnews.com   time to read: +9 min
Is the 80-year-old Biden (who turns 81 on Nov. 20) uniquely vulnerable because of his age and other issues? We'll get you copies of all those other polls," Biden said as he prepared to leave for a speech before United Auto Workers in Illinois. A lot of Biden's policies are toxic," O'Connell adds, ticking off the border and inflation along with the president's age. Democrats, meanwhile, believe they can benefit not just from the abortion issue but discontent toward Trump, whose favorability numbers with the general electorate are on par with Biden's . With stubbornly low approval ratings a year out from the election, Biden will need all the help he can get.
Persons: Joe Biden, , Biden, , Jason Cabel Roe, Roe, Cook, Jessica Taylor, Donald Trump, I'm, We'll, Barack Obama, David Axelrod –, Julie Chavez Rodriguez, Kamala Harris, Andy Beshear, Daniel Cameron's, Beshear, A’shanti Gholar, Glenn Youngkin, Youngkin, Sen, Tim Kaine, , Trump, Wade, Mike Johnson, Johnson, Nikki Haley, Tim Scott of, Ron DeSantis, Chris Christie, Vivek Ramaswamy, Haley, Ford O'Connell, O'Connell, State Jena Griswold, Gholar Organizations: Democratic, Republicans, Democratic Party, Michigan Republican Party, Kentucky, New York Times, Siena, CNN, United Auto Workers, Biden, Jackson, Health Organization, Kentucky GOP, Bluegrass State, GOP, Republican, Supreme, Louisiana Republican, Democrats, South Carolina Gov, Florida Gov, New, New Jersey Gov, Colorado, State Locations: Ohio, Virginia, New Jersey, New Hampshire, Illinois, Arizona, Georgia, Nevada , Pennsylvania, Michigan, Wisconsin, South Carolina, Dobbs v, Kentucky, Southern, Louisiana, Tim Scott of South Carolina, Florida
New York CNN —Friday morning in Las Vegas saw labor peace, and not a threatened strike along the Strip, as the Culinary union has reached its third tentative labor deal in three days with a casino operator. Since that peak, rents in Las Vegas have come down slightly, following national trends, and the typical rent in the city was $1,808 in September of this year. Overall, the city has about 150,000 hotel rooms, according to the Las Vegas Convention and Visitors Authority. It also eliminated a lower tier of pay for many union members and gave bigger pay hikes to some part-time workers. And about 15,000 union members have been waging a series of set-duration on-and-off strikes against 65 hotels in Los Angeles and Orange counties in California since July 4.
Persons: Wynn, , , Michael Weaver, Ted Pappageorge, that’s Organizations: New, New York CNN, Wynn Resorts, MGM Resorts International, Caesars Entertainment, Caesars, MGM, Wynn Las, Las Vegas, Las Vegas Convention, Visitors Authority, Cornell University’s, SAG, United Auto Workers, General Motors, Ford, Kaiser Permanente, Teamsters, UPS, UAW — Locations: New York, Las Vegas, Wynn Las Vegas, Las, Detroit, Los Angeles, Orange, California
U.S. President Joe Biden delivers remarks to United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 10 (Reuters) - Top Biden administration officials on Friday rejected a decision by Moody's ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a reflection of what they called "extremism and dysfunction" among congressional Republicans. “While the statement by Moody’s maintains the United States’ AAA rating, we disagree with the shift to a negative outlook. The American economy remains strong, and Treasury securities are the world’s preeminent safe and liquid asset," Deputy Treasury Secretary Wally Adeyemo said in a statement. White House spokesperson Karine Jean-Pierre said the change was "yet another consequence of congressional Republican extremism and dysfunction."
Persons: Joe Biden, Leah Millis, , Moody’s, Wally Adeyemo, Karine Jean, Pierre, Andrea Shalal Organizations: United Auto Workers, UAW, REUTERS, Rights, Biden, States ’ AAA, Republican, Thomson Locations: Belvidere , Illinois, U.S, American
Now the United Auto Workers union can add one more. Illinois is not a political battleground state like Michigan or Ohio, which have far more auto plants. But that plant is now due to reopen as an assembly plant in 2027, building a new midsize pickup truck. President Joe Biden speaks to the United Auto Workers union in Belvidere, Illinois, on Thursday. And it’s what happened with the last GM assembly plant in Detroit, its Hamtramck Assembly plant, that as part of the 2019 labor deal was closed in early 2020 and re-tooled to make electric pickups, reopening in November 2021.
Persons: Joe Biden, Shawn Fain ., , , Jeff Schuster, Fain, Biden, ” Fain, Evan Vucci, ” ‘, Dawn Sims, Stellantis, Schuster Organizations: New, New York CNN —, Motors, Stellantis, Ford, United Auto Workers, UAW, Stellatis, GM, Workers, GlobalData, Chrysler, Hamtramck Assembly Locations: New York, Belvidere , Illinois, Shawn Fain . Illinois, Michigan, Ohio, Belvidere, Illinois, Chicago, Stellantis, Delaware, Edmunds, Sterling Heights , Michigan, Detroit, Hamtramck, Spring Hill , Tennessee, Orion Township , Michigan, Lordstown , Ohio, Warren , Michigan, Baltimore
Biden backs UAW aim to unionize Tesla, Toyota
  + stars: | 2023-11-10 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsBiden backs UAW aim to unionize Tesla, ToyotaPostedJoe Biden on Thursday (November 10) said he "absolutely" backed the United Auto Workers' efforts to unionize carmakers Tesla and Toyota, as the U.S president sought to remind union workers of his long-running support ahead of next year's election. Diane To reports.
Persons: Tesla, Joe Biden, carmakers Tesla, Diane Organizations: Biden, UAW, Toyota, United Auto Workers
Biden hails 11% pay raise for Honda's U.S. workers
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: 1 min
U.S. President Joe Biden gestures as he delivers remarks to United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis Acquire Licensing RightsWASHINGTON, Nov 10 (Reuters) - President Joe Biden welcomed Honda Motor (7267.T) 11% pay hike for its U.S. facility workers on Friday, a day after celebrating the United Auto Workers' agreements with the Detroit Big Three automakers and backing efforts to organize Tesla and Toyota. "Union auto workers own this victory," Biden said in a post on X. Reporting by Jasper Ward; writing by Paul Grant; editing by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Leah Millis, Biden, Jasper Ward, Paul Grant, Susan Heavey Organizations: United Auto Workers, UAW, REUTERS, Rights, Honda, Detroit Big, Tesla, Toyota, Thomson Locations: Belvidere , Illinois, U.S
But right now, the unit's operations are shut down as regulators investigate the safety of Cruise's self-driving vehicles. Cruise had $1.7 billion in cash as of Sept. 30, enough to last nine months at the current cash burn rate. As Cruise's troubles intensified, investors on Thursday sent GM shares down more than 3% to $26.65, its lowest closing price since August 2020. In addition to the problems at Cruise, GM last month agreed to a costly new contract with the United Auto Workers, and scaled back plans to expand electric-vehicle production. California regulators suspended Cruise's license to operate, and have accused Cruise officials of misrepresenting information about the incident.
Persons: Heather Somerville, Mary Barra, Cruise, Cruise's, Lawrence Paustian, Barra, Quinn Emanuel, Shinji Aoyama, It's, Kyle Martin, Martin, Jason Petitte, Paul Jacobson, Biden, Ben Klayman, Joseph White, David Shepardson, Matthew Lewis Organizations: General Motors Corp, REUTERS, Rights DETROIT, General Motors, GM, Honda, Cruise, United Auto Workers, Pzena Investment Management, Reuters, Westwood Group, California Department of Motor Vehicles, U.S . National, Traffic, Administration, Thomson Locations: San Francisco , California, U.S, Cruise, Japan, Chicago, Waymo, San Francisco, California, Detroit, Washington
The 118-day work stoppage will end officially just after midnight, the SAG-AFTRA union said in a statement after its negotiating committee voted unanimously to support the deal. "We have arrived at a contract that will enable SAG-AFTRA members from every category to build sustainable careers," the union said. George Clooney and other A-list stars voiced solidarity with lower-level actors and had urged union leadership to reach a resolution. While WGA members returned to writing scripts in late September, the ongoing SAG-AFTRA work stoppage left many productions dark. It also led movie studios to delay big releases such as "Dune: Part 2" because striking actors could not promote them.
Persons: Jim Kulick, Mario Anzuoni, Fran Drescher, Walt Disney, I'm, Fanny Grande, It's, Jessica Payne, Rati Gupta, Anu, George Clooney, Lisa Richwine, Stephen Coates Organizations: SAG, Paramount Studios, REUTERS, Alliance, Television Producers, Walt, Netflix, Hollywood, CBS, Writers Guild of America, WGA, Milken, United Auto Workers, Detroit carmakers, Thomson Locations: Los Angeles , California, U.S, New York, Los Angeles, Los Angeles and New York, California
Biden’s economic scorecard touts fragile advantage
  + stars: | 2023-11-09 | by ( Ben Winck | ) www.reuters.com   time to read: +11 min
And if the political strategist James Carville was right that “it’s the economy, stupid,” the next several months could make or break Joe Biden’s economic record. As things stand, the current ruler of the free world touts a fragile advantage. Households’ disposable income after adjusting for inflation hit a record $20 trillion in the month that Biden’s measure was approved, according to the Bureau of Economic Analysis. STUDENT LOANSForgiving swaths of student debt was another of Biden’s campaign promises, but his efforts have so far failed. And with higher interest rates making debt service more expensive, Biden’s spending could come back to bite him on election day.
Persons: Joe Biden, Ken Cedeno, James Carville, Joe Biden’s, , aren’t, Breakingviews, it’s, Biden, Donald Trump, Mitch McConnell, , Realtor.com, Congressional Republicans haven’t, haven’t, WALL, Lauren Silva Laughlin, Sharon Lam, Aditya Sriwatsav Organizations: Edmond's Catholic, REUTERS, Rights, Reuters, House, Republican, AMERICAN, ACT, Brookings Institution, Analysis, Walmart, Nordstrom, Deere, Caterpillar, Republicans, Commerce Department, Micron, Bank of America, Gallup, Federal Reserve, United Auto Workers, RSM, Congressional Republicans, Biden, Reuters Graphics Reuters, Conservative, Thomson Locations: St, Rehoboth Beach , Delaware, U.S, New York, Arizona, West Virginia
Biden backs Tesla, Toyota unionization, slams Trump
  + stars: | 2023-11-09 | by ( Nandita Bose | ) www.reuters.com   time to read: +5 min
BELVIDERE, Illinois, Nov 9 (Reuters) - President Joe Biden on Thursday backed the United Auto Workers' efforts to unionize carmakers Tesla (TSLA.O) and Toyota (7203.T) and asked auto workers to reject his Republican opponent, Donald Trump. En route to the event, Biden told reporters that he “absolutely” supports the UAW's efforts to unionize Tesla and Toyota workers. Tesla did not immediately respond to a request for comment on the remark by Biden, who has backed UAW efforts in other speeches. Trump, the frontrunner for the Republican presidential nomination, visited a nonunion factory in Michigan in September while Biden joined a picket line with striking UAW workers, Biden reminded workers. MUSK'S ANTI-UNION STANCEBiden's comments may renew friction between the U.S. president and Tesla CEO Elon Musk, especially as the UAW seeks to organize Tesla workers.
Persons: Joe Biden, carmakers Tesla, Donald Trump, Biden, Shawn Fain, unionize Tesla, Tesla, Trump, Fain, Elon Musk, Musk, Biden sparred, UAW's Fain, Mark Burton, Gretchen Whitmer, Burton, Nandita Bose, Susan Heavey, David Shepardson, Sayantani Ghosh, Steve Holland, Heather Timmons, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, Toyota, Republican, UAW, Democratic, Union, U.S, nonunion, GM, National Labor Relations Board, NLRB, Trump, Labor, Biden, General Motors, Ford, Dodge, Michigan, San, Thomson Locations: BELVIDERE , Illinois, Belvidere , Illinois, Belvidere ., Michigan, U.S, Georgetown , Kentucky, Tesla’s Fremont , California, Honigman, Washington, San Francisco
He ordered up an economic analysis and spoke to company officials about the plant, according to White House officials. On Thursday, Biden will visit Belvidere to showcase that same auto plant, which has reopened as part of the settlement of a targeted strike by the United Auto Workers union. O'Malley Dillon said the UAW contracts and the auto plant reopening reflect a larger focus on workers by the president. The contracts, if approved by 146,000 union members in the coming weeks, would dramatically raise pay for auto workers. Top assembly plant workers would earn roughly $42 per hour.
Persons: Joe Biden, Biden, he's, , Jen O’Malley Dillon, White, O'Malley Dillon, Donald Trump, Gene Sperling, Trump, Shawn Fain, J.B . Pritzker, Stellantis Organizations: WASHINGTON, Biden, White, United Auto Workers, Dodge, UAW, Labor, White House, Illinois Gov, Motors, Ford, Republican Locations: Chicago, Belvidere, China, United States
New York CNN —The Culinary union has reached a deal with MGM Resorts International covering 25,400 members, averting a strike at eight casinos that had been set to start Friday. The deal, announced in a tweet by the union, comes a day after a similar deal was reached with Caesars Entertainment that averted a strike by 10,000 other union members at nine casinos operated by that company. A strike at almost all of the city’s major casinos would have come at a particularly bad time. He praised the MGM deal Thursday, although he would not give details. It also eliminated a lower tier of pay for many union members and gave bigger pay hikes to some part-time workers.
Persons: William Hornbuckle, “ We’re, ” Hornbuckle, Union, Ted Pappageorge, , that’s, Fran Drescher Organizations: New, New York CNN, MGM Resorts International, Caesars Entertainment, Wynn Resorts, Las Vegas Convention, Visitors Authority, Caesars, MGM, “ Workers, Las Vegas, Cornell University’s, SAG, United Auto Workers, General Motors, Ford, Kaiser Permanente, Teamsters, UPS, UAW — Locations: New York, Luxor, Mandalay Bay, Vegas, Las Vegas, Las, Detroit, Los Angeles, Orange, California
U.S. President Joe Biden puts on a t-shirt of the UAW Local 1268 during a United Auto Workers (UAW) union members meeting, in Belvidere, Illinois, U.S., November 9, 2023. DETROIT – President Joe Biden said Thursday that all autoworkers deserve contracts like the ones recently won by the United Auto Workers from General Motors , Ford Motor and Chrysler-parent Stellantis . Biden, wearing a red UAW T-shirt given to him by a local union leader, said the deals won by UAW negotiators are "game changers" that set a "new standard" for blue-collar workers. "I'm a little selfish, I want this type of contract for all autoworkers," Biden said during a visit with UAW President Shawn Fain in Belvidere, Illinois. "I told my team, 'Make Stellantis know Belvidere is a priority,' so I got on the phone and let him know personally I thought it was a priority," Biden said.
Persons: Joe Biden, Stellantis, Biden, Shawn Fain, Mark Stewart Organizations: UAW, United Auto Workers, DETROIT, General Motors, Ford Motor, Chrysler, Stellantis North Locations: Belvidere , Illinois, U.S, Stellantis North America, Belvidere
The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts' estimates. A Trade Desk spokesperson told CNBC that guidance came "in slightly below consensus, largely because the transitory cautiousness from advertisers in certain verticals, such as U.S. auto and media/entertainment due to the strikes." The United Auto Workers launched targeted strikes at select facilities against the Detroit automakers beginning Sept. 15, and then expanded the stoppages. Trade Desk said third-quarter sales jumped 25% from $493 million a year earlier. Net income increased to $39 million, or 8 cents a share, from $16 million, or 3 cents, a year earlier.
Persons: Jeff Green, Green, Susan Li Organizations: LSEG, CNBC, United Auto Workers, Detroit, UAW, General Motors, Ford Motor, Guild of America, Trade, Meta, Comcast, Cisco Systems Locations: Israel
NEW YORK (AP) — Once again, U.S. labor unions are flexing their muscles in the national spotlight. In Hollywood, the actors union reached a tentative deal with major studios late Wednesday to end a months-long strike. UNION RATES HAVE BEEN FALLING FOR DECADES. Only 6% of U.S. private-sector workers belong to unions today, a sliver of the 35% that were union members in 1953. That means that what worked in auto workers' labor campaign, for example, may not look the same or be possible in other industries.
Persons: , ” Alexander Colvin, , Eunice Han, Adam Seth Litwin, Litwin, Todd Vachon, Taft, Hartley, Vachon, Ronald Reagan, , haven't, John F, Kennedy, ” Vachon, Han, Colvin, ” Colvin, Creighton Organizations: Hollywood, Caesars Entertainment, MGM Resorts International, United Auto Workers, Detroit, Cornell University's School of Industrial and Labor Relations, Associated Press, Labor, University of Utah, Cornell University’s School of Industrial and Labor Relations, , Screen Actors, American Federation of Television, Radio Artists, Writers Guild of America, Rutgers School of Management, Labor Relations, AP, Bureau of Labor Statistics, National Labor Relations, Starbucks, Gallup Locations: U.S, Las Vegas, United States, Midwest
How a No-Nonsense Union Leader Became a Style Icon
  + stars: | 2023-11-08 | by ( Jacob Gallagher | ) www.wsj.com   time to read: 1 min
The United Auto Workers union struck a landmark series of deals with some of the nation’s largest automakers in recent weeks. Photo: Rebecca Cook/ReutersA few weeks into the United Auto Workers strike, the union’s straight-shooting president, Shawn Fain, appeared on a video livestream to update his members on the progress of negotiations. Things weren’t going well, and Fain did not mince words. “I’ll tell it to you straight. The billionaires and company executives think us autoworkers are just dumb,” he said.
Persons: Rebecca Cook, Shawn Fain, Fain Organizations: United Auto Workers, Reuters
A United Auto Workers (UAW) union member wears a pin while picketing outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. REUTERS/Luke Sharrett/File Photo Acquire Licensing RightsNov 8 (Reuters) - Workers at Ford Motor's (F.N) Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said in a Facebook post on Wednesday. UAW Local 551 said 57% of votes cast were in favor of the deal. Ford employs about 4,500 hourly workers at the assembly plant, which also manufacturers the Ford Explorer. A majority of workers at Ford's Michigan assembly plant have already voted to approve the tentative deal.
Persons: Luke Sharrett, Stellantis, Tesla, Nathan Gomes, Shivansh, Sriraj Organizations: United Auto Workers, UAW, REUTERS, Workers, Ford, Ford Explorer ., Chrysler, General Motors, Detroit's Big, Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, Chicago, Ford's Michigan, Dearborn , Michigan, Bengaluru
United Auto Workers President Shawn Fain addresses the audience during a rally in support of striking UAW members in Detroit, Michigan, U.S., September 15, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsNov 8 (Reuters) - United Auto Workers President Shawn Fain said on Wednesday the union will "pull out all stops" in working to organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers. In an video interview at the Reuters Events auto conference in Detroit, Fain said the UAW is aggressively working on its organizing plans. We're going to leverage every avenue we can and we're going to find creative ways to get to workers," Fain said. Fain said the UAW deserved credit for Toyota Motor (7203.T) decision's last week to raise the wages of nonunion U.S. factory workers.
Persons: Shawn Fain, Rebecca Cook, Fain, Joe Biden, decision's, Biden, David Shepardson, Joseph White, David Gregorio Our Organizations: United Auto Workers, REUTERS, U.S, Detroit Three, Chrysler, Reuters, UAW, Toyota Motor, Toyota, nonunion, Thomson Locations: Detroit , Michigan, U.S, Belvedere , Illinois, Detroit, Illinois
Highlights of UAW's deals with Detroit Three automakers
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +1 min
The logo of Ford is seen on a 2020 Ford Explorer car at Ford's Chicago Assembly Plant in Chicago, Illinois, U.S. June 24, 2019. REUTERS/Kamil Krzaczynski/File Photo Acquire Licensing RightsNov 8 (Reuters) - Workers at Ford's (F.N) Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said on Wednesday. Union workers are voting on contracts from each of Chrysler-owner Stellantis (STLAM.MI), General Motors (GM.N) and Ford after the first coordinated strike against Detroit's Big Three automakers. The ratification comes after the automakers and the UAW reached tentative deals over the last few weeks to end a costly strike following marathon negotiations. Following is a roundup of tentative agreements and demands from the UAW:Source: UAW statementsReporting by Nathan Gomes, Aishwarya Jain and Abhinav Parmar in BengaluruOur Standards: The Thomson Reuters Trust Principles.
Persons: Kamil Krzaczynski, Stellantis, Nathan Gomes, Aishwarya Jain, Abhinav Parmar Organizations: Ford, Plant, REUTERS, United Auto Workers, UAW, . Union, Chrysler, General Motors, Detroit's Big, Thomson Locations: Chicago , Illinois, U.S, Chicago, Bengaluru
The United Auto Workers union struck a landmark series of deals with some of the nation’s largest automakers in recent weeks. Photo: Rebecca Cook/ReutersA few weeks into the United Auto Workers strike, the union’s straight-shooting president, Shawn Fain, appeared on a video livestream to update his members on the progress of negotiations. Things weren’t going well, and Fain did not mince words. “I’ll tell it to you straight. The billionaires and company executives think us autoworkers are just dumb,” he said.
Persons: Rebecca Cook, Shawn Fain, Fain Organizations: United Auto Workers, Reuters
Courts Throw the Book at the Realtors
  + stars: | 2023-11-07 | by ( ) www.wsj.com   time to read: +1 min
Photo: Gene J. Puskar/Associated PressIn the aftermath of “A Big Legal Defeat for the Realtors” (Review & Outlook, Nov. 1), there will be some chaos in the real-estate market. Will a buyer trust the seller’s agent to represent him properly? The United Auto Workers can conspire against three auto makers to increase the cost of automobiles. The teachers unions can conspire for more pay—without any improvement in student results—or to close down schools. Yet it is the real-estate agents and National Association of Realtors who are accused of conspiring to set commission levels, which, from personal knowledge, I know they don’t.
Persons: Gene J Organizations: Associated Press, Realtors, United Auto Workers, National Association of Realtors
The fight over return-to-office is getting dirty
  + stars: | 2023-11-07 | by ( Ed Zitron | ) www.businessinsider.com   time to read: +13 min
Evidence is as evidence doesAs the return-to-office battle has heated up in the past six months, there has been a marked increase in declarations that remote work is less productive. The researchers determined that remote workers were 18% less productive than their in-person counterparts. Just the vibesDespite the limited evidence against it, corporations are increasingly trying to kill remote work. That's what makes the move to kill off remote work so frustrating. It's not clear that the return-to-office move is about making workers more productive or building a better culture.
Persons: it's, Mike Hopkins, they're, India —, Nicholas Bloom, who's, David Baszucki's, Geico, Amazon's Andy Jassy, Geico's Todd Combs, there's, Safra, Larry Ellison, wrongheaded, galvanizing sycophants, Ed Zitron Organizations: Amazon, Amazon Studios, National Bureau of Economic Research, Journalists, Stanford, Meta, , Writers Guild of America, SAG, United Auto Workers Locations: India
U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis to reopen a shuttered assembly plant in Belvidere, Illinois, a White House official said. Illinois Governor J.B. Pritzker will attend Thursday's event, where Biden will make remarks, the official said. The new Stellantis investments include $1.5 billion in the Toledo Jeep operations, including building an EV Jeep Wrangler in 2028. The UAW said Stellantis wanted to cut 5,000 jobs going into the talks.
Persons: Joe Biden, Leah Millis, Shawn Fain, Stellantis, Fain, Biden, White, J.B, Pritzker, David Shepardson, Nandita Bose, David Gregorio Our Organizations: Amtrak, REUTERS, Rights, United Auto Workers, Chrysler, White, UAW, Detroit Three, Illinois, Toledo Jeep, EV, Dodge, Jeep, Thomson Locations: Bear , Delaware, U.S, Belvidere , Illinois, Illinois, Michigan, Belvidere, Toledo, Detroit, Dodge Durango
WASHINGTON (AP) — President Joe Biden on Thursday will meet in Belvidere, Illinois, with the head of the United Auto Workers union, and the two leaders are expected to highlight plans to reopen an auto factory that Stellantis wanted to close. The White House announced in a statement Tuesday afternoon that during the visit, Biden will deliver remarks and meet with UAW members and the union's president, Shawn Fain. The contracts, if approved by 146,000 union members in the coming weeks, would dramatically raise pay for auto workers. J.B. Pritzker will also attend Thursday's meeting, the White House said. About 1,200 workers will be brought back to the idled plant and another 1,300 will be added at the battery factory.
Persons: Joe Biden, Stellantis, Biden, Shawn Fain, Fain, J.B, Pritzker Organizations: WASHINGTON, United Auto Workers union, White House, UAW, Motors, Ford, Dodge, Stellantis, Democratic, Illinois Gov Locations: Belvidere , Illinois, Belvidere
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