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☆ Nissan and Mexican workers agree to 9% raise at Morelos plant, union says
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, March 3 (Reuters) - Labor representatives at a Nissan Motor Co Ltd (7201.T) plant in the central Mexican state of Morelos have reached an agreement with the Japanese carmaker to hike pay 9% as of April, the union said. Leobardo Herrera, head of the Independent Union of Nissan Mexico Workers, said the union aimed to boost pay beyond inflation - which stood at 7.76% in early February - and came to a deal quickly with the company. The new salaries will be in place for a year before the union and company re-negotiate, Herrera said. Nissan Mexicana, as the company's Mexico unit is known, said it negotiated with the union in February and is committed to ensuring labor rights for the roughly 1,500 unionized workers at its Morelos plant, which produces the NP300 pickup truck. The automaker produces other models at plants in the state of Aguascalientes a few hundred miles northwest of Morelos, which are represented by a different union.

☆ The US is taking aim at Wagner, the only Russian force seemingly having any success in Ukraine, with crippling sanctions
▼ + stars: | 2023-01-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The US government has taken aim at the notorious Wagner Group with sweeping new sanctions. A pedestrian walks past a mural depicting the logo of the Russian mercenary 'Group Wagner' and a slogan in Russian on January 20, 2023 in Belgrade, Serbia. Srdjan Stevanovic/Getty ImagesA defaced mural of Russia's mercenary group Wagner reading "Wagner Group - Russian knights" on the side wall of an apartment bock in Belgrade on January 20, 2023. Wagner's prominence in Ukraine has been underscored by rifts between the mercenary group and the regular Russian military. "Wagner is becoming a rival power center to the Russian military and other Russian ministries."

☆ JPMorgan's acquisition strategy is coming under fire. Here are the 15 fintech and consumer-focused deals done by the bank since 2020.
▼ + stars: | 2023-01-13 | by ( Carter Johnson | Rebecca Ungarino | ) www.businessinsider.com time to read: +19 min

NutmegDeal details: JPMorgan announced the acquisition in June 2021, paying approximately $1 billion. cxLoyaltyDeal details: JPMorgan said it would buy cxLoyalty's global loyalty division in December 2020. ProxymityDeal details: JPMorgan, Citi, HSBC, and other firms together invested $20.5 million in Proxymity in May 2020. Viva WalletDeal details: JPMorgan said it would acquire 49% of Viva Wallet in January 2022, pending regulatory approval. Christian Petersen-Clausen/Getty ImagesRenovite TechnologiesDeal details: JPMorgan announced on September 12 it plans to acquire Renovite.

☆ Audi Mexico and union avert strike in deal for 9.4% pay rise
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +1 min

Companies Volkswagen AG FollowMEXICO CITY, Jan 11 (Reuters) - Carmaker Audi's Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling a strike in reaching a deal for one of the highest automaker wage hikes in Mexico in recent years. The Independent Union of Audi Mexico Workers (SITAUDI) and Audi previously negotiated two options to raise wages for the plant's 4,000 unionized employees in the central state of Puebla, but workers in December rejected both. The 9.4% increase tops a recent deal at Volkswagen in Mexico for 9% wage raises this year, which also followed worker rejections of earlier proposals. The revamped deal "gives certainty and stability to the workers and their families," SITAUDI said in a statement. Audi said Tuesday evening that it had managed to avert a strike slated for Wednesday, and that the company prioritized the financial stability of workers.

☆ Amazon union victory at Staten Island warehouse upheld by federal labor board
▼ + stars: | 2023-01-11 | by ( Annie Palmer | ) www.cnbc.com time to read: +2 min

Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. A federal labor agency on Wednesday certified an independent union's landmark victory at Amazon 's Staten Island warehouse and threw out a litany of objections filed by the e-retailer. In April, a majority of the roughly 8,300 workers at Amazon's Staten Island warehouse, known as JFK8, voted to join the Amazon Labor Union, becoming the company's first unionized facility in the U.S. Amazon sought to overturn the results of the election, alleging the National Labor Relations Board office that oversaw the election interfered in the union drive. "As we've said since the beginning, we don't believe this election process was fair, legitimate, or representative of the majority of what our team wants," Nantel said. Workers at a nearby facility on Staten Island rejected unionization in May, and the ALU lost an election at an Albany warehouse in October.

☆ Audi workers in Mexico extend strike deadline to Jan. 11
▼ + stars: | 2022-12-30 | by ( ) www.reuters.com time to read: 1 min

MEXICO CITY, Dec 30 (Reuters) - Worker representatives at German automaker Audi's Mexico plant have extended a strike deadline to Jan. 11 from Jan. 1 as they aim to reach an agreement with the firm over pay raises, a union document seen by Reuters on Friday showed. The Independent Union of Audi Mexico Workers (SITAUDI) and Audi had previously negotiated two options to raise wages for the plant's 4,000 unionized employees in the central state of Puebla. Reporting by Daina Beth Solomon; Writing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

☆ Audi union in Mexico sets Jan. 1 strike deadline as workers eye higher pay
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Dec 22 (Reuters) - Worker representatives at automaker Audi's Mexico plant have set a Jan. 1 deadline to reach an agreement with the company over pay raises without launching a strike, the union said on Thursday. The Independent Union of Audi Mexico Workers (SITAUDI) and Audi had previously negotiated two options to raise wages for the plant's 4,000 unionized employees in the central state of Puebla. Workers last week voted down both proposals, sending their union and employers back into discussions. Audi, which is owned by German carmaker Volkswagen , said it would continue talks with SITAUDI in hopes of reaching a deal that benefits the company and workers. Workers at a nearby Volkswagen plant initially rejected an offer negotiated by their union for 9% raises, one of the highest at an automaker in recent years.

☆ Mysterious aircraft dropped bombs near a base for Russia's Wagner Group mercenaries fighting in Central African Republic
▼ + stars: | 2022-11-29 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

An unknown aircraft dropped bombs near a Wagner Group base in the Central African Republic. The Wagner Group is a Kremlin-linked private military contractor founded by Yevgeny Prigozhin, a close ally of Russian President Vladimir Putin. Specifically, in the Central African Republic, the Russian fighters work with the country's military. The International Crisis Group, a non-profit think tank, says up to 2,000 Wagner fighters are in the country and have helped to combat rebel groups. Additionally, Wagner fighters have been accused of atrocities in other African nations — like killing hundreds of civilians in Mali or committing war crimes in Libya.

NEW YORK, Nov 6 (Reuters) - Home Depot Inc (HD.N) retail workers voted against forming a union at a location in Pennsylvania, the U.S. National Labor Relations Board (NLRB) said late on Saturday. More U.S. companies including Starbucks Corp and Amazon.com and grocer Trader Joe's Inc have seen some workers petition to form unions. Home Depot did not immediately respond to a Reuters request for a comment regarding the outcome of the voting. Home Depot Workers United sought to unionize to address concerns regarding wages, staffing and training, said Vincent Quiles, interim president of Home Depot Workers United and a receiving associate at Home Depot. The independent union in mid-October filed an unfair labor practices charge against the retailer for engaging in unlawful surveillance and interrogating workers at the Philadelphia location, according to Home Depot Workers United.

☆ Independent union wins bargaining rights at 3M in central Mexico
▼ + stars: | 2022-11-01 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 31 (Reuters) - Independent Mexican union La Liga has won the right to represent workers at a 3M Co (MMM.N) plant, authorities said on Monday, marking a second victory for the fledgling group at a pivotal moment for workers to take on entrenched interests. Workers at 3M's plant in the central city of San Luis Potosi, which makes everything from Post-It notes to N95 masks, voted in January to reject the collective contract negotiated by their long-established union, the Confederation of Mexican Workers (CTM), opening the door to new representation. The union now has six months to negotiate a new contract, and aims to ensure salaries that keep up with Mexico's climbing inflation, Saucedo said. It has previously said it aims to offer competitive salaries and ensure job stability and will negotiate with the union chosen by workers. Reporting by Daina Beth Solomon; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Designers say Figma gave them 'superpowers.' With Adobe's $20 billion takeover, some think the beloved startup is as good as dead.
▼ + stars: | 2022-09-27 | by ( Paayal Zaveri | Jessica Xing | ) www.businessinsider.com time to read: +9 min

When Adobe announced its $20 billion bid for Figma, the design community was immediately concerned. When Adobe announced it was acquiring the design startup Figma for $20 billion, designers were quick to express their discontent over the blockbuster deal. So when Adobe announced its intention to buy Figma, much of the design community was immediately concerned. Designers worry Figma will become less accessibleWhile Field's committment to keeping prices the same for now may reassure some, others are skeptical. And some designers Insider spoke to say the acquisition could even benefit companies that have been paying a hefty bill for both.

☆ Workers at Home Depot in Philadelphia file for union vote
▼ + stars: | 2022-09-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN Business —Workers at an Home Depot store in Philadelphia have filed to have a vote to be represented by a union. in Philadelphia, has about 275 employees, according to the filing by an independent union, Home Depot Workers United, which is seeking the vote. Home Depot issued a statement saying it will work with the union vote process, but that it doesn’t support the union’s organizing efforts. Only 4.4% of retail workers are members of a union, according to Labor Department data, compared to 6.1% of private sector workers overall, and 10.3% of all US workers. There are more than five times as many private sector workers than there are workers in the public sector.

☆ Russian forces committed horrific war crimes in Ukraine, such as rape and torture, and sometimes even made the families of victims watch, UN investigators find
▼ + stars: | 2022-09-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

A team of investigators commissioned by the UN has concluded that Russia committed war crimes in Ukraine. Gathering evidence from dozens of towns across Ukraine, interviewing victims, witnesses and authorities, and inspecting mass graves and sites of torture, Møse concluded that "war crimes have been committed in Ukraine." "There are examples of cases where relatives were forced to witness the crimes," Møse said. AP Photo/Evgeniy Maloletka, FileEvidence of Russian war crimes is not a new aspect of the seven-month-long war in Ukraine. Ukraine's ambassador to the US said it represented "war crimes of massive proportions."

The US Department of Education suggests students accept aid in the following order: grants and scholarships, work-study programs, subsidized federal loans, unsubsidized federal loans. With that rule in mind, here are the four types of financial aid, ranked from most to least desirable:1. Subsidized federal student loanOnly after accepting any free and earned financial aid should a student consider taking on federal student loans, which generally come in two varieties: subsidized and unsubsidized. Unsubsidized federal student loanBy contrast, unsubsidized federal student loans do accrue interest while the student is in school, beginning from the very first disbursement. Before turning to private loans, make sure you've exhausted all federal sources of financial aid.

☆ Mexican union calls for U.S. probe into alleged labor abuses at Panasonic plant
▼ + stars: | 2022-04-18 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +4 min

"They were given a contract they didn't even know about," Moreno said of the Panasonic deal with rival union SIAMARM. The dispute at Panasonic grew out of a vote last year in which workers rejected their union contract. Labor authorities then scheduled a vote April 21-22 for workers to choose between two other unions vying to take over the contract - SNITIS and SIAMARM. However, SNITIS says Panasonic signed a contract with SIAMARM ahead of the April election and began to withhold union dues from worker paychecks. SIAMARM, part of one of Mexico's biggest labor groups, the Confederation of Mexican Workers (CTM), could not be reached for comment.

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