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GENEVA (AP) — Harry Kane and Jude Bellingham made $100 million moves in the offseason and proved their worth Wednesday in Champions League debuts for their new clubs. England captain Kane and his likely successor Bellingham scored key goals for Bayern Munich and Real Madrid, respectively, to show why they are adored already by their new home fans. PSV Eindhoven was thrashed 4-0 in a no-doubt win sparked by England winger Bukayo Saka’s goal in the 8th. Late goals got Italian teams off to good starts in the last-ever group stage before the new Champions League format takes effect next year. OLD MASTERSReal Madrid was playing its 477th game in the European Cup or Champions League.
Persons: — Harry Kane, Jude Bellingham, Kane, Bellingham, ” Kane, Bayern “, ” Bellingham, Union Berlin, Bukayo Saka’s, Napoli, Sikou Niakaté, Lautaro Martínez, Union, Madrid’s, Jude Bellingham pirouetted, , Diego Armando Maradona, UNITED’S, Erik ten Hag, André Onana, Leroy Sané’s, Serge Gnabry, Bruno Fernandes, Rasmus Højlund, Casemiro, António Silva, Silva, Karim Konaté, Roko Šimić, Oscar Gloukh, Jonathan David, KÍ Klaksvík, ___ Organizations: GENEVA, League, England, Bayern Munich, Manchester United, Tottenham, CBS Sports, Bayern, Union, Borussia Dortmund, Arsenal, Champions League, PSV Eindhoven, Serie, Braga, Inter, Real Sociedad, Galatasaray, Copenhagen, Europa League, Sevilla, Lens, Real Madrid, Union Berlin, Servette, SC Motor Berlin, Napoli, Atalanta, Benfica, Salzburg, EUROPA CONFERENCE LEAGUE, Europa Conference League, Lille, Slovenian, Olimpija Ljubljana, Slovan Bratislava, Conference League Locations: Real Madrid, England, Madrid, Spanish, Mali, Argentina, Istanbul —, Geneva —, East Germany, ” Madrid, United, Denmark, French, Portuguese, Croatian, Israel, Canada, Faeroe
watch nowThe auto workers' strike is the latest in a series of labor-management conflicts that economists say could start having significant growth impacts if they persist. So far, the United Auto Workers stoppage has impacted just a small portion of the workforce with limited implications for the broader economy. United Auto Workers (UAW) members on a picket line outside the Stellantis NV Toledo Assembly Complex in Toldeo, Ohio, on Monday, Sept. 18, 2023. August alone saw some 4.1 million labor hours lost this year, the most for a single month since August 2000, according to the Labor Department. Year to date, there have been 7.4 million hours lost, compared to just 636 hours total for the same period in 2022.
Persons: Ian Shepherdson, Emily Elconin, Shepherdson, Doris Dear, John Nacion, Joseph Brusuelas, Brusuelas, Biden, Janet Yellen, CNBC's Sara Eisen Organizations: United Auto Workers, Labor Department statistics, Pantheon, UAW, Stellantis NV, Bloomberg, Getty, Big Three, Ford, GM, Federal Reserve, Labor, Labor Department, HBO, National Union Solidarity, Writers Guild of America, Screen Actors Guild, University of Michigan, RSM, York Fed Locations: Stellantis NV Toledo, Toldeo , Ohio, U.S, New York City, John, Los Angeles, California , Oregon, Washington, York
A railroad worker died over the weekend after he was struck by a remote-controlled train in a CSX railyard in Ohio, raising concerns among unions about such technology. The National Transportation Safety Board is investigating the death, which happened shortly before 4 a.m. Sunday in Walbridge, Ohio. The Federal Railroad Administration has approved the use of remote-controlled locomotives since 2005. Typically, a railroad worker stationed on the ground near a train controls its movements with a remote, although sometimes that worker rides aboard the train while it is moving. Railroad safety has been a key concern nationwide this year ever since a Norfolk Southern train derailed and caught fire in eastern Ohio in February.
Persons: Brotherhood of Railway Carmen, Keith Holloway, Fred Anderson, carman, Artie Maratea, , Sheriee Bowman Organizations: CSX, Transportation Communications Union, Brotherhood of Railway, National Transportation Safety, CSX —, ” Transportation Communications Union, Federal Railroad Administration, Railroad Locations: Ohio, Walbridge , Ohio, Jacksonville , Florida, Norfolk Southern
UAW strikes are just the latest in a wider trend of increased labor action across the US. Over 4.1 million working days were lost to strikes in August, the highest in almost 25 years. Public approval of labor unions is also up, reaching its highest point since 1965 in recent years. This August 4.1 million workdays were lost to strikes and lockouts, according to analysis of Labor Department data by The Wall Street Journal. In August, 67% of Americans said they approved of labor unions in a Gallup poll, up from 54% in 2013.
Persons: Ashley Landis Organizations: UAW, Service, Labor Department, Wall Street, Hollywood, NBC, United Auto Workers, Detroit, General Motors, Ford, Unions Locations: Wall, Silicon, Hollywood
New York CNN —The United Auto Workers strike isn’t happening in a vacuum. From Hollywood writers to nurses, factory workers, and Starbucks baristas, thousands of workers have gone on strike in recent months to demand higher pay and improved benefits and working conditions. Members of the United Auto Workers union line up to enter a membership meeting in advance of the September 14 expiration of their union contract with Stellantis, Ford, and General Motors on September 10, 2023, Detroit, Michigan. Workers gained power during the pandemic as Covid-19 cast a spotlight on essential workers’ sacrifices and the vast disparities among America’s workforce. A striking SAG-AFTRA member pickets with other SAG-AFTRA members and striking WGA (Writers Guild of America) workers outside Warner Bros.
Persons: Paul Frangipane, , Joseph McCartin, Jim West, , ” McCartin, Mario Tama, ” Gallup, Ronald Reagan, Reagan, Dennis Caruso, EPI, Michael M, Shawn Fain, Fain Organizations: New, New York CNN, United Auto Workers, Starbucks, Teamsters, UPS, Labor, Bloomberg, Getty, Georgetown University, Economic, Institute, Ford, General Motors, Stellantis, ZUMA Press Wire Workers, Workers, SAG, WGA, Guild of America, Warner Bros, Gallup, Union, International Brotherhood of Teamsters, Air, NY, , Companies, Cornell University Institute of Labor Relations, Sinai, UAW Locations: New York, Brooklyn, Detroit , Michigan, Burbank , California, United States
GM says Mexico plants will operate normally amid US strike
  + stars: | 2023-09-15 | by ( ) www.reuters.com   time to read: 1 min
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsCompanies General Motors Co FollowMEXICO CITY, Sept 15 (Reuters) - General Motors' Mexican plants will continue operating as normal despite strike action by U.S. union workers, the company said in a statement on Friday. The United Auto Workers union launched strikes at three factories owned by General Motors, Ford Motor and Chrysler parent Stellantis NV, kicking off the most ambitious U.S. industrial labor action in decades. Writing by Dave GrahamOur Standards: The Thomson Reuters Trust Principles.
Persons: Rebecca Cook, Dave Graham Organizations: General Motors, REUTERS, U.S, United Auto Workers, Ford Motor, Chrysler, Stellantis, Thomson Locations: Detroit , Michigan, U.S, MEXICO
"We think potential disruption from industrial action is likely to create buying opportunities in the D3 shares," the analyst said in a Friday note. "D3," or "the Detroit Three," refers to General Motors, Ford and Stellantis. It also marked the first time in history that the UAW launched strikes at all three of the big automakers simultaneously. Ford shares were flat. "Moving forward, we expect all three stocks to be sensitive to UAW newsflow especially as it relates to the potential duration of industrial action," Jonas said.
Persons: Morgan Stanley's Adam Jonas, Stellantis, Jonas, Itay Michaeli, Citi's Michaeli, Michaeli, Morgan Stanley, Michael Bloom, Mike Wayland, John Rosevear Organizations: United Auto Workers, General Motors, Ford, Detroit, Motors, Union, UAW, Citi, GM Locations: Wentzville , Missouri, Wayne , Michigan, Toledo , Ohio
Deaths haunt Corporate America via labor strikes
  + stars: | 2023-09-15 | by ( Ben Winck | ) www.reuters.com   time to read: +5 min
United Auto Workers union President Shawn Fain joins UAW members who are on a strike, on the picket line at the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 15, 2023. Manufacturing plants in Wentzville, Missouri, Wayne, Michigan and Toledo, Ohio will be empty as Ford Motor (F.N), General Motors (GM.N), and Stellantis (STLAM.MI) try to reach an agreement with the United Auto Workers collective bargaining committee. Deaths among the demographic that make up the workforce in the transportation sector are partly putting pressure on the problem. Follow @BenWinck on XCONTEXT NEWSThe United Auto Workers union started simultaneous strikes at Ford, General Motors and Stellantis on Sept. 15 after last-minute labor negotiations failed to result in a deal. Pilots organized with the Air Line Pilots Association rejected a tentative labor deal with Fedex on July 24.
Persons: Shawn Fain, Rebecca Cook, they’re, Alan Krueger, walkouts, it’s, , Darren Hawkins, Sean O’Brien, Lauren Silva Laughlin, Sharon Lam Organizations: United Auto Workers, Ford Michigan Assembly Plant, REUTERS, Rights, Reuters, Ford, General Motors, Bureau of Labor Statistics, White, Richmond Federal Reserve, Reuters Graphics Reuters, United Airlines, Sensible, Pilots, Air Line Pilots Association, Fedex, Delta Air Lines, International Brotherhood of Teamsters, of Labor Statistics, Thomson Locations: Wayne , Michigan, U.S, Wentzville , Missouri, Toledo , Ohio
AIRLINES & AEROSPACE FIRMSPilots at several airlines including American Airlines (AAL.O), Delta Airlines (DAL.N), United Airlines Holdings (UAL.O), Spirit Airlines (SAVE.N), Jetblue Airways (JBLU.O) negotiated new job contracts this year. AUTOMOTIVEUnited Auto Workers (UAW) union has been embroiled in a dispute over wages and pension plans with the Detroit Three automakers. U.S. Steel (X.N), which is reviewing multiple proposals ranging from partial acquisition to an entire buyout, is embroiled in a tussle with the United Steel Workers union. Labor unions secured new contract agreements at multistate operator-owned cannabis dispensaries in Illinois and in New Jersey in July. If workers do not vote to ratify the contract, the union will vote the following week on whether to strike.
Persons: Sergio Martinez, Mike Blake, Mrinalika Roy, Sriraj Kalluvila, Shounak Organizations: REUTERS, Bureau of Labor Statistics, Reuters, Hollywood, United Parcel Service, FedEx, Pilots, AIRLINES & AEROSPACE, American Airlines, Delta Airlines, United Airlines Holdings, Spirit Airlines, Jetblue Airways, Southwest Airlines Pilots Association, United Auto Workers, UAW, Detroit Three automakers, Cliffs Inc, United Steelworkers, U.S . Steel, United Steel Workers, Workers, Green Thumb Industries, Labor, Phillips, Thomson Locations: Los Angeles , California, U.S, California, Wichita , Kansas, Cleveland, Los Angeles, New York City, Chicago, Illinois, New Jersey, Roxana , Illinois, Bengaluru
(AP) — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world's largest railyard in western Nebraska this summer, and the railroad was reluctant to fix the problems. Federal Railroad Administrator Amit Bose wrote a letter to UP's top three executives Friday expressing his concern that the defects represent a “significant risk to rail safety " on the Union Pacific railroad. But the letter didn't detail what kind of defects inspectors found in the Bailey Yard in North Platte, and there are a myriad of federal rules. “Union Pacific will never compromise on the safety of our employees. Union Pacific has a network of 32,400 miles (52,000 kilometers) of track in 23 Western states.
Persons: Amit Bose, Bose, ” Bose, carmen, Kristen, South, Jim Vena Organizations: , Union Pacific, Federal, , Pacific, FRA, Union Pacific's Locations: OMAHA, Neb, Nebraska, North Platte, Omaha , Nebraska,
Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. The automaker's offer would provide a 14.5% wage increase over the four-year term of the proposed deal for most of Stellantis's roughly 43,000 UAW-represented hourly workers. The proposed wage increase is larger than those offered to the union by rivals General Motors and Ford Motor, which offered raises of 10% and 9%, respectively. But the proposed deal still falls well short of the union's demands, which include a 40% hourly pay increase, a 32-hour workweek, and restoration of traditional-style pension plans, among other items. Only about 30% of Stellantis's UAW-represented workers — those hired before October 2007 — currently have pension plans.
Persons: Stellantis, , Mark Stewart, Rich Boyer, Shawn Fain, CNBC's Michael Wayland Organizations: United Auto Workers, UAW, Mack Assembly Plant, Detroit, Union, America, CNBC, General Motors, Ford Motor, Stellantis's UAW, GM, Ford, America's Locations: Mack, Detroit , Michigan, U.S
NEW YORK (AP) — Stocks wavered on Wall Street Tuesday as traders return from a long holiday weekend to face a relatively quiet week. The Dow Jones Industrial Average slipped 43 points, or 0.1%, to 34,792 as of 11:22 a.m. Eastern. Hong Kong’s benchmark fell 2.1%, as investors sold real estate shares which have gained recently following government efforts to support the ailing industry. Wall Street will also get updates on aspects of the manufacturing sector and consumer credit. Analysts are still concerned about the potential for a recession, but those concerns have lessened as inflation cools and the economy remains resilient.
Persons: — Stocks, Kroger, — Elaine Kurtenbach, Matt Ott Organizations: Dow Jones, Nasdaq, Labor, Technology, Microsoft, . Union Pacific, Energy, Chevron, Investors, The Institute for Supply Management, GameStop, Dave, Federal Reserve, Treasury Locations: U.S, Saudi Arabia, Russia, Europe, Asia
West Coast Dockworkers Ratify Contract
  + stars: | 2023-09-01 | by ( Kurtis Lee | More About Kurtis Lee | ) www.nytimes.com   time to read: +1 min
Dockworkers at ports along the West Coast have ratified a new contract, securing a sweeping agreement set to last six years and expected to ease tensions after cargo shipments were diverted to other regions. The contract between the International Longshore and Warehouse Union and the Pacific Maritime Association, which operates the terminals, covers 22,000 dockworkers at 29 ports from Los Angeles to Seattle. The contract was approved by 75 percent of members who voted, the union said late Thursday. The maritime association did not respond to a request for comment. The two sides announced in June that they had reached a tentative agreement after a year of negotiations that prompted intervention from the Biden administration and coincided with a decline in the volume of cargo at several major ports along the West Coast.
Persons: Biden Organizations: Warehouse Union, Pacific Maritime Association Locations: West, Los Angeles, Seattle, West Coast
FILE PHOTO-Soccer Football - Bundesliga - Borussia Dortmund v 1. "We know that our appearance in the last two matches was not what we wanted. We want to improve markedly and win the game," Terzic told a press conference. The Bavarians have enjoyed a solid league start with two wins from two matches. Union Berlin will also be looking to make it three wins from three when they host RB Leipzig on Sunday.
Persons: Edin Terzic, Wolfgang Rattay, Terzic, Niclas Fuellkrug, Donyell Malen, Fuellkrug, Harry Kane, Karolos, Toby Davis Organizations: Soccer Football, Bundesliga, Borussia Dortmund, FSV Mainz, Edin, REUTERS, Rights, Dortmund, Werder Bremen, Cologne, VfL Bochum, Bochum, Bayern, Borussia Moenchengladbach, Gladbach, Tottenham Hotspur, Union Berlin, Leipzig, Thomson Locations: Dortmund, Germany, Heidenheim, Bayern Munich
Teamster member Sergio Martinez yells out during a rally outside a UPS facility in downtown in Los Angeles, California, U.S. July 19, 2023. AIRLINES & AEROSPACE FIRMSPilots at several airlines including American Airlines (AAL.O), Delta Airlines (DAL.N), United Airlines Holdings (UAL.O), Spirit Airlines (SAVE.N), Jetblue Airways (JBLU.O) negotiated new job contracts this year. Members of some unions like the Southwest Airlines Pilots Association have voted to authorize a strike if a new contract is not reached. U.S. Steel (X.N), which is reviewing multiple proposals ranging from partial acquisition to an entire buyout, is embroiled in a tussle with the United Steel Workers union. Labor unions secured new contract agreements at multistate operator-owned cannabis dispensaries in Illinois and in New Jersey in July.
Persons: Sergio Martinez, Mike Blake, Mrinalika Roy, Sriraj Organizations: REUTERS, Bureau of Labor Statistics, Reuters, Screen, United Parcel Service, FedEx, Pilots, AIRLINES & AEROSPACE, American Airlines, Delta Airlines, United Airlines Holdings, Spirit Airlines, Jetblue Airways, Southwest Airlines Pilots Association, United Auto Workers, UAW, Detroit Three, Cliffs Inc, United Steelworkers, U.S . Steel, United Steel Workers, Workers, Green Thumb Industries, Labor, Thomson Locations: Los Angeles , California, U.S, Wichita , Kansas, Cleveland, Los Angeles, New York City, Chicago, Illinois, New Jersey, Bengaluru
The report found that union workers make more than their nonunion peers and have more benefits. AdvertisementAdvertisement"The decline in intergenerational mobility may be the single trend that best encapsulates the pervasive sense of the deterioration in the middle class," the Treasury report found. AdvertisementAdvertisementThe Treasury report found that union workers make 10% to 15% more than nonunionized colleagues. That's one economic factor that could give union workers — who are more likely to be considered middle class — a boost. "For generations, union workers have fought for and won higher wages, better benefits, and safer working conditions for millions of American workers," Vice President Kamala Harris said.
Persons: Biden, Treasury Department —, Janet Yellen, Yellen, , Kamala Harris Organizations: Treasury, Service, Treasury Department, Pew Research Center, Labor Locations: Wall, Silicon
Aug 25 (Reuters) - The United Auto Workers (UAW) union on Friday voted in favor of authorizing a strike at the Detroit Three automakers if an agreement over a new contract is not reached before the current one expires on Sept. 14, UAW President Shawn Fain said. "Our members expectations are high because Big Three profits are so high," Fain said. Stagnant pay, high healthcare costs, less sick time and uncertain scheduling have pushed American union workers to rethink their priorities after pandemic to seek higher wages, and better work-life balance. Michigan-based Anderson Economic Group has estimated that a 10-day strike that shuts down the automakers could cost manufacturers, workers, suppliers and dealers more than $5 billion. Walkouts at the Detroit Three could benefit Tesla (TSLA.O) and other non-union automakers, including Toyota Motor (7203.T) Honda Motor (7267.T), Nissan Motor (7201.T) and Hyundai Motor (005380.KS), Anderson said.
Persons: Shawn Fain, Fain, Aerosystems, Anderson, Shivansh, Nathan Gomes, Arun Koyyur Organizations: United Auto Workers, UAW, Detroit Three, General Motors, Ford Motor, Big, U.S, GM, Ford, Anderson Economic, Detroit, Toyota, Honda, Nissan, Hyundai, Thomson Locations: U.S, Detroit, Michigan, Bengaluru
85,000 Kaiser Permanente workers are voting on whether to authorize a strike. If the Kaiser strike is authorized, it would be the nation's largest healthcare strike in history. As this summer — already jam-packed with labor activity — turns to fall, tens of thousands of Kaiser Permanente healthcare workers could find themselves on the picket line. The vote will last through mid-September, said Dave Regan, president of the SEIU United Healthcare Workers West, at a press conference on Thursday. With 85,000 members in its ranks, it would be the largest healthcare strike in the country's history, organizers say.
Persons: Kaiser, Dave Regan, Kaiser Permanente, Regan, Wayne Davis, Davis, Caroline Lucas, Liz Grigsby, COVID, Grigsby, Catherine Engler, Engler Organizations: Kaiser Permanente, Morning, Coalition, Kaiser Permanente Unions, SEIU United Healthcare Workers, Union, Organizers Locations: Kaiser, California , Colorado , Oregon, Washington, DC, Hawaii , Maryland, Virginia, Colorado
J.B. Pritzker, Public Union Boss
  + stars: | 2023-07-31 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: But will it make any difference in the 2024 Republican primaries? Images: AFP/Getty Images Composite: Mark KellyThe best argument against collective bargaining for government workers is that no one represents taxpayers. Union chiefs and the politicians they support sit on both sides of the bargaining table. That was demonstrated again last week when Illinois Gov. J.B. Pritzker signed a whopping new contract with the American Federation of State, County and Municipal Employees (Afscme).
Persons: Mark Kelly, J.B, Pritzker Organizations: Getty, Union, Illinois Gov, American Federation of State, Municipal Employees Locations: American Federation of State , County
After selling off more than 9% this week, shares of defense contractor RTX look poised for a bounce back, according to one technical indicator. Nearly half of Wall Street analysts rate shares a buy. It's the second most oversold stock in the S & P 500 with a 14-day RSI of 19.6. Just 14% of analysts rate shares a buy, with the average price target suggesting nearly 8% downside. Half of Wall Street analysts rate shares a buy, with a price target that implies 7% upside.
Persons: RTX, Lamb Weston, Estee Lauder, Biogen, Goldman Sachs Organizations: Federal Reserve, CNBC Pro, Raytheon, Pratt & Whitney, Wall Street, Ford Motor, Union Pacific, UNP, Pacific, Street, Marathon Petroleum
The US economy is surging
  + stars: | 2023-07-27 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +5 min
Real gross domestic product, or real GDP, grew at an annualized rate of 2.4%. That advance estimate for the second quarter beat the 1.8% increase expected. A recent GDP preview from Gregory Daco, chief economist of EY, also highlighted strength in the US economy and what it may mean. "Still, the economy continues to face significant headwinds from persistently elevated prices and costs, tightening credit conditions and rising interest rates. That's also much higher than the 3.2% seen in the second quarter of 2022.
Persons: Bill Adams, Jerome Powell, Powell, Gregory Daco, Daco, That's Organizations: Service, BEA, Consumer, Federal Reserve, Comerica Bank's, Fed Locations: Wall, Silicon
Of course, that nickname started with his mother, who called her middle son by his initials, he said in an interview before the UPS deal was announced. O'Brien had warned UPS ahead of the deal not to "go down the road of being greedy, being more loyal to Wall Street than Main Street." O'Brien crisscrossed the country in the weeks ahead of a threatened UPS strike on Aug. 1, fortifying Teamster members' resolve with "practice" pickets and profanity-punctuated speeches. Nelson cheered on O'Brien after the UPS deal in a statement, calling the right to strike the "only countervailing force to capitalism that is otherwise unchecked ... UPS workers have until Aug. 22 to vote on the tentative deal.
Persons: Sean O'Brien, O'Brien, Steven Tolman, John Logan, Shawn Fain, Sara Nelson, Nelson, ROLLBACKS O'Brien, Steve Striffler, We've, Lisa Baertlein, Ben Klayman, Matthew Lewis Organizations: Teamsters, International Brotherhood of Teamsters, United Parcel Service, UPS, Workers, Unions, San Francisco State University, United Auto Workers, of Flight, Boston Local, company, University of Massachusetts, Boston Labor Resource Center, Thomson Locations: ANGELES, U.S, Massachusetts, Los Angeles
July 24 (Reuters) - FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board, the company and the pilots' union said on Monday. The Air Line Pilots Association (ALPA) did not detail the reasons why members voted 57% to 43% to reject the deal. "Our members have spoken and we will now regroup," Captain Chris Norman, FedEx ALPA chair, said in a statement. The tentative FedEx deal included a 30% pay increase and a 30% increase to the pilots' legacy pensions. American Airlines (AAL.O) and the Allied Pilots Association are revising their tentative deal following the United agreement.
Persons: Chris Norman, Priyamvada, Lisa Baertlein, Devika Syamnath, Susan Heavey, Hugh Lawson Organizations: FedEx, National Mediation Board, Air Line Pilots Association, United Airlines, ALPA, American Airlines, Allied Pilots Association, United Parcel Service, UPS, Thomson Locations: Bengaluru, Los Angeles
An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. American Airlines raised its offer for a new pilot contract by more than $1 billion to match a preliminary deal last week between rival United Airlines and that carrier's aviators. Airlines and pilot unions had been negotiating new deals for years. Delta Air Lines pilots approved a new agreement in March for a deal that includes 34% raises over four years. The new offer includes 21% pay bonuses and pay on par with United and Delta, the Allied Pilots Association, their union, said Friday.
Persons: Robert Isom, Ed Sicher, Isom Organizations: American Airlines, Miami International Airport, Miami , Florida . American Airlines, United Airlines, United, . Airlines, Unions, Delta Air Lines, Delta, Allied Pilots Association Locations: Miami , Florida
Business groups say that asking employers to shoulder the burdens of California’s housing crisis, particularly acute in places like Los Angeles, is unfair. Background: Hotel workers want multiple raises over three years. Members of Unite Here Local 11, the union representing some 15,000 hotel workers in Southern California, authorized a strike last month, as their contract was expiring. Union leaders say workers need such increases to afford living costs in Los Angeles, where housing is scarce and expensive. The union has also asked that hotels impose a 7 percent fee on guests to help fund worker housing.
Persons: Kurt Petersen, picketers, , , “ They’re Organizations: Union Locations: Los Angeles, Southern California,
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