DIRS.INFO The most relevant business & tech news

☆ Welcome to the Age of the Cage Match
▼ + stars: | 2023-07-06 | by ( Joseph Bernstein | ) www.nytimes.com time to read: +1 min

That would be Elon Musk versus Mark Zuckerberg in Las Vegas, or maybe the Colosseum in Rome. The rival tech billionaires are inching toward a cage match, brokered by Dana White, president of the Ultimate Fighting Championship. And for an undercard, how about a sitting U.S. senator versus a union boss? In case that’s not enough testosterone, perhaps some feats of strength are in order. On Thursday, the Democratic representative of New York posted to Twitter a video of himself bench-pressing 405 pounds.

Persons: Mark Zuckerberg, Dana White, Markwayne Mullin, Sean O’Brien, O’Brien, ”, Robert Kennedy Jr, Jeff Bezos, Jamaal Bowman Organizations: Elon, Oklahoma Republican, International Brotherhood of Teamsters, Twitter, Democratic, New Locations: Las Vegas, Rome, Oklahoma, Venice Beach, New York

☆ Revised UPS contract offer makes 'significant' movement on pay -Teamsters
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: 1 min

LOS ANGELES, June 30 (Reuters) - United Parcel Service (UPS.N) has delivered a revised offer with "significant movement on wages and other economic language," the union representing roughly 340,000 U.S. drivers, package handlers and loaders at the global delivery firm said on Friday. The International Brotherhood of Teamsters union said UPS has requested more time to negotiate and pledged to reach a deal no later than July 5. Earlier this week the International Brotherhood of Teamsters union demanded that UPS make its "last, best, and final offer no later than June 30." The contract covering U.S. UPS workers expires at midnight on July 31. Reporting by Lisa Baertlein in Los Angeles Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Lisa Baertlein, Matthew Lewis Organizations: United Parcel Service, Brotherhood of Teamsters, UPS, U.S, Thomson Locations: ANGELES, Los Angeles

Union workers missed out on a frenzy of wage increases by employers desperate for workers during the height of the COVID-19 pandemic. Low unemployment makes it easier for union workers to stand firm during negotiations. Union workers also want more affordable healthcare, paid sick time and more-flexible scheduling for greater work-life balance. Some workers said the base wage increase was insufficient and balked at higher out-of-pocket medical costs. Late last year, U.S. freight railroad workers rejected a five-year contract that included a 24% wage increase, citing lack of paid sick leave.

Persons: Diane Swonk, Erin McLaughlin, Willie Adams, Sam Johnson, Johnson, Joe Biden, Todd Vachon, Garth Thompson, Lisa Baertlein, Bianca Flowers, Rajesh Kumar Singh, David Gregorio Our Organizations: Workers, Spirit, Deere & Co, Reuters, KPMG, Conference Board, Conference, . West, International Association of Machinists, Aerospace Workers, Caterpillar, Congress, Unions, Union, CNH, Deere, Midwest, Rutgers, United Parcel Service, International Brotherhood of Teamsters, United Auto Workers, Detroit automakers, General Motors, Ford, FedEx, American Airlines, Pilots, United, United Airlines, Thomson Locations: U.S, . West Coast, Wichita , Kansas, Decatur , Illinois, Wisconsin, Iowa, West, Los Angeles, Chicago

☆ Southwest Airlines reaches tentative agreement with mechanics' union
▼ + stars: | 2023-06-23 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +3 min

Southwest Airlines said Friday that it has reached a tentative agreement with the union representing its mechanics, aircraft inspectors, maintenance controllers and training instructors. "Our Mechanics & Related Employees work around the clock to safely maintain our aircraft, and we reached a Tentative Agreement that rewards them and helps Southwest maintain an efficient operation," Adam Carlisle, vice president of labor relations at Southwest, said in a press release. The union and airline didn't immediately disclose the details of the agreement but said they would in the coming days. Earlier this month, leaders at Transport Workers Union of America 556, which represents Southwest flight attendants, said they rebuffed a tentative agreement that would have allowed for a membership vote. As Members ourselves, we are just as eager to vote on and ratify a worthy Tentative Agreement."

Persons: Adam Carlisle, didn't, Bret Oestreich, Southwest's Carlisle, – CNBC's Leslie Josephs Organizations: Southwest Airlines Co, Boeing, International, Southwest Airlines, Southwest, Aircraft Mechanics Fraternal Association's, Transport Workers Union of America, U.S, Brotherhood of Teamsters, UPS Locations: Chicago , Illinois, U.S, Southwest, Seattle

LOS ANGELES, June 16 (Reuters) - United Parcel Service (UPS) (UPS.N) union employees have voted overwhelmingly to authorize a strike should contract talks break down after the current agreement ends in two weeks, the International Brotherhood of Teamsters said on Friday. The vote is a standard practice in union contract campaigns designed to give leverage to the union representing some 340,000 UPS workers. Tancredi, a partner at consultancy West Monroe, said interdependence between the Teamsters and UPS reduces strike risk. "They get what they pay for," Schreiner said of UPS adding that company delivery drivers, who make about $150,000 annually including base pay and benefits before overtime, "earn it." UPS shares fell as much as 1.5% after the news but quickly pared losses to trade down 0.6% in midday trade.

Persons: Sean O'Brien, Jeremy Tancredi, Tancredi, Rikki Schreiner, Schreiner, Lisa Baertlein, Shivansh, Jamie Freed Organizations: United Parcel Service, International Brotherhood of Teamsters, Teamsters, UPS, West, Reuters, FedEx, Thomson Locations: ANGELES, West Monroe, Eagan , Minnesota, Los Angeles, Bangalore

☆ UPS Workers Authorize Teamsters Union to Call Strike
▼ + stars: | 2023-06-16 | by ( Noam Scheiber | ) www.nytimes.com time to read: +1 min

United Parcel Service workers have authorized their union, the International Brotherhood of Teamsters, to call a strike as soon as Aug. 1, after the current contract expires, the Teamsters announced Friday. The Teamsters represent more than 325,000 UPS employees in the United States, where the company has nearly 450,000 employees overall. The union said 97 percent voted in favor of strike authorization. “The results do not mean a strike is imminent and do not impact our current business operations in any way,” UPS said in a statement, adding that it was “confident that we will reach an agreement.”A UPS strike could have significant economic fallout. The company handles about one-quarter of the tens of millions of parcels shipped each day in the United States, according to the Pitney Bowes Parcel Shipping Index.

Organizations: Parcel Service, International Brotherhood of Teamsters, Teamsters, UPS, Pitney Bowes Parcel Shipping Locations: United States

☆ They said we were getting a recession. Instead, we’re getting a bull market
▼ + stars: | 2023-06-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

A recipe for a bull market, apparently. “The key difference for us is that you tend to see bull markets coincide with economic expansions, not economic contractions.”Still, since the last bull market, we’ve had a pandemic, a war in Europe, a banking crisis and a debt crisis among other dramas. “Such narrowness is not what new bull markets are built on.”The bottom line: Investors should “avoid getting sucked into this as a new bull market,” said Samana. A nationwide UPS strike would be the largest work stoppage in US history, reports my colleague Vanessa Yurkevich. US Bankruptcies reach highest level in 13 yearsChapter 11 filings in the US have reached their highest levels since the end of the Great Recession, according to new data from S&P Global Market Intelligence..

Persons: “ We’re, ” Sameer Samana, we’ve, ”, Kevin Gordon, Charles Schwab, Lisa Shalett, they’ve, Vanessa Yurkevich, We’ve, Fred Zuckerman, pare Organizations: CNN Business, Bell, New York CNN, Federal, Wells, Wells Fargo Investment Institute, CNN, Tech, Nvidia, US, Morgan Stanley Wealth Management, UPS, Teamsters, –, Brotherhood of Teamsters, 1st, “, ”, P Global Market Intelligence, Bed, P, Retail, City Locations: New York, Wells Fargo, Europe, Samana, America

☆ 340,000 UPS workers are voting whether to authorize a massive strike
▼ + stars: | 2023-06-06 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +3 min

CNN —As Americans become even more reliant on delivery, hundreds of thousands of UPS workers this week could authorize a strike that will bring the world’s biggest package courier to a standstill. UPS workers will vote this week on whether to authorize a strike if their union – the International Brotherhood of Teamsters – does not reach a new contract with UPS by August 1st. A nationwide UPS strike would be the largest work stoppage in US history. The union represents more than half of UPS’s total global employee base – 340,000 UPS Teamsters – which includes drivers and package sorters. “The National Committee strongly urges all UPS Teamsters to vote YES to authorize a strike.

Persons: “, ”, Sean M, O’Brien, We’ve, Fred Zuckerman, we’ve, CNN’s Chris Isidore Organizations: CNN, –, Brotherhood of Teamsters, UPS, 1st, Teamsters, National, ”

☆ Supreme Court ruling could chill labor strikes
▼ + stars: | 2023-06-02 | by ( John Kruzel | ) www.reuters.com time to read: +5 min

Angela Cornell, a Cornell Law School labor law professor, called it "another decision that undermines the capacity of unions to function." MORE STRIKESThe ruling comes at a time of increasing strikes called by U.S. labor unions. Some experts pointed out that the ruling largely preserved the existing legal scaffolding for deciding labor law preemption cases of this kind. The Supreme Court, with its 6-3 conservative majority, has dealt setbacks to organized labor in key cases in recent years. Brudney said Thursday's ruling "was not comparable to that broader trendline" of decisions weakening labor unions.

Persons: Amy Coney Barrett, Angela Cornell, Cornell, Kenneth Dau, Schmidt, Benjamin Sachs, Sachs, Dan Altchek, Saul Ewing, Altchek, James Brudney, Brudney, Anne Marie Lofaso, Lofaso, John Kruzel, Will Dunham Organizations: U.S, Supreme, Taiheiyo Cement Corp, Cornell Law School, Indiana University Maurer School of Law, Harvard Law, Glacier, Inc, International Brotherhood of Teamsters, National Labor Relations, U.S . Bureau of Labor Statistics, Fordham University Law, West Virginia University College of Law, Thomson Locations: Japan, Washington, Philadelphia, California

☆ Justice Ketanji Brown Jackson was the rare lone dissenter in a union strike ruling that involved drivers walking off the job with trucks full of wet concrete
▼ + stars: | 2023-06-02 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +3 min

The Supreme Court struck down a ruling over what union members can reasonably do during a strike. A local teamsters union in Washington walked off the job in 2017 with trucks full of wet concrete. Justice Ketanji Brown Jackson was the only dissenter, saying the decision jeopardizes union rights. The solo dissent was a first for the outspoken Biden-appointed justice, who wrote that the ruling would "erode the right to strike." "Workers are not indentured servants, bound to continue laboring until any planned work stoppage would be as painless as possible for their master," Jackson wrote.

Persons: Ketanji Brown Jackson, —, Biden, Jackson, Amy Coney Barrett, Barrett, Clarence Thomas, Harlan Crow, Samuel Alito, haven't shied, Elena Kagan, Sonia Sotomayor, Andy Warhol, Kagan Organizations: teamsters, Service, Washington Supreme, International Brotherhood of Teamsters, Teamsters, Workers, GOP Locations: Washington, Northwest

Glacier Northwest is a unit of Japan-based Taiheiyo Cement Corp. (5233.T)Glacier Northwest filed a lawsuit in Washington state court accusing the union of intentional property destruction during a 2017 strike. The Washington state Supreme Court in 2021 ruled that the company's claims were preempted by a statute called the National Labor Relations Act (NLRA), saying the company's loss of concrete was incidental to a strike that could be considered arguably protected under federal labor law. The Supreme Court, with its 6-3 conservative majority, has leaned toward curbing the power of labor unions in rulings in recent years. Teamsters General President Sean O'Brien said the Supreme Court had "again voted in favor of corporations over working people." While the Supreme Court has found that labor unions can be sued in state court for violent or threatening conduct, the union had argued, this narrow exception should not be expanded to permit property damage claims brought under state law.

Persons: Amy Coney Barrett, Barrett, Ketanji Brown Jackson, Noel Francisco, Sean O'Brien, O'Brien, Joe Biden's, John Kruzel, Will Dunham Organizations: U.S, Supreme, Glacier Northwest Inc, International Brotherhood of Teamsters, National Labor Relations, Taiheiyo Cement Corp, Conservative, Liberal, Teamsters, Thomson Locations: Washington, Japan, California

☆ Supreme Court Backs Employer in Suit Over Strike Losses
▼ + stars: | 2023-06-01 | by ( Noam Scheiber | ) www.nytimes.com time to read: +1 min

Some legal experts have said that a union setback in the case would discourage workers from striking by making the union potentially liable for losses that an employer incurs during a work stoppage. Professor Garden did note, however, that the decision was less far-reaching in discouraging strike activity than it could have been. As a result, Mr. O’Neill said, the law does not shield workers or unions from liability for such damage. 21-1449, involved unionized employees of a concrete mixing and pouring company who walked off the job during contract negotiations, leaving wet concrete in their trucks. The employer argued that it suffered substantial monetary losses because the abandoned concrete was unusable.

Persons: ”, Garden, Michael O’Neill, O’Neill Organizations: University of Minnesota, Landmark Legal Foundation, Brotherhood of Teamsters

Amazon delivery drivers at one of the company's California facilities joined the International Brotherhood of Teamsters, the union said Monday, in a win for labor organizers that have long sought to gain a foothold at the e-retailer. "We want fair pay and safe jobs, to be able to provide food for our families," said Rajpal Singh, an Amazon delivery driver at the Palmdale facility, in a statement. Randy Korgan, director of the Teamsters' Amazon division, said the union is "coordinating nationwide" with Amazon workers. So far, only one Amazon warehouse in the U.S. has voted to join a union. WATCH: Amazon drivers describe pressures and pitfalls of delivering for a DSP

REUTERS/Aude GuerrucciLOS ANGELES, April 17 (Reuters) - United Parcel Service (UPS.N) and the International Brotherhood of Teamsters union will on Monday start U.S. private sector labor contract talks covering roughly 340,000 U.S. drivers, package handlers and loaders at the global delivery firm. The powerful Teamsters union wants an agreement that shares billions of dollars in UPS pandemic profits with workers, exerts leverage over other negotiations and helps to recruit new members - including Amazon warehouse workers. UPS, the world's biggest parcel delivery firm and No. "Failure is not an option," Teamsters General President Sean O'Brien told a rally on an April 2 in Boston. These are the first labor talks for both O'Brien and UPS CEO Carol Tomé.

The Teamsters said that only 10 of 40 supplements to the national contract have been resolved since those regional talks started in January. "We have clearly stated our intentions to UPS from the beginning that there would be no national negotiations until these regional contracts are completed," Teamsters General President Sean O'Brien said in the statement. Those contracts define provisions not included in the national agreement, including paid time off, overtime, work hours, seniority and discipline language. UPS said discussions around national negotiations and supplemental agreements often take place at the same time. "We are committed to reaching an agreement that provides wins for our employees, the Teamsters, UPS and our customers," UPS said.

☆ Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize
▼ + stars: | 2023-03-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Chipotle Mexican Grill has agreed to pay $240,000 to the former employees of an Augusta, Maine, location as part of a settlement for closing the restaurant when workers tried to unionize. Employees at the Chipotle restaurant filed a petition to unionize under Chipotle United in late June, becoming the chain's first outlet to do so. While Chipotle United counted the settlement announced Monday as a win, it fell short of reopening the closed location. Chipotle will also offer to put all of those workers on a preferential hiring list for other Maine locations for one year. To date, just one Chipotle location has successfully unionized.

☆ More women become truckers as the industry tries to overcome a shortage of drivers
▼ + stars: | 2023-03-25 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +10 min

She's one of many in the trucking industry leading efforts to bring more women into the fold. Associations like Women In Trucking work to increase the rate of women drivers, technicians and executives, particularly younger women or those switching careers, like Johnson. Now, with the industry facing a daunting driver shortage, initiatives to bring in women drivers from other industries have escalated. The share of women truckers has increased significantly in recent years: Women now make up almost 8% of truck drivers and sales delivery drivers, according to the U.S. Bureau of Labor Statistics. Navigating shortagesThough many women joined the industry during the pandemic, Covid-19 lockdowns stalled training and testing for truck drivers.

☆ FedEx warns it won't bail out UPS customers at the last minute if drivers strike
▼ + stars: | 2023-03-18 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

The Teamsters Union has threatened a UPS strike when its contract expires in July. UPS CEO Carol Tomé has repeatedly said that a "win-win-win" is "very achievable" for the Teamsters, UPS employees at large, and the company, despite the union's spicy rhetoric. But even the threat of a UPS strike this summer, which would be the first since 1997, is already driving some UPS customers to look for alternative shipping options. Carere also suggested that FedEx is not interested in serving as a temporary solution for UPS customers. FedEx customers were alerted to the March 31 in a letter distributed earlier this month.

☆ Oklahoma Republican tells Teamsters president 'shut your mouth' in terse exchange at Senate hearing
▼ + stars: | 2023-03-08 | by ( Chelsey Cox | ) www.cnbc.com time to read: +5 min

WASHINGTON — A Republican lawmaker Wednesday told Teamsters General President Sean O'Brien to "shut your mouth" in a terse exchange at a hearing examining so-called union busting by U.S. companies. O'Brien said the International Brotherhood of Teamsters had examples of employers illegally pressuring workers not to join unions. When O'Brien said Mullin was out of line, the lawmaker shot back: "You need to shut your mouth." "You think you're smart? You think you're funny?

☆ Rail unions tell Biden officials workers have fallen ill at Norfolk Southern derailment site
▼ + stars: | 2023-03-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Pete Buttigieg, US transportation secretary, speaks during a news conference near the site of the Norfolk Southern train derailment in East Palestine, Ohio, US, on Thursday, Feb. 23, 2023. The presidents of U.S. railroad unions told Biden administration officials that rail workers have fallen ill at the Norfolk Southern derailment site in East Palestine, Ohio, in a push for more train safety. The meeting comes on the heels of letters sent to both the DOT and the FRA Wednesday in which union representations claimed rail workers had gotten sick at the derailment site. According to the letter, Norfolk Southern rail workers who have worked or continue to work the cleanup site have reported experiencing "migraines and nausea." One worker reportedly asked his supervisor to be transferred off the derailment site because of his symptoms, but never heard back from his supervisor and was left at the job site.

☆ UPS plans to lay off some of its controversial weekend drivers, union reps say, as delivery companies downsize for post-pandemic life
▼ + stars: | 2023-02-13 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

Teamsters representatives say UPS has raised drivers' layoffs at the bargaining table. At least three locations in New York have already seen layoffs, according to another chapter. The affected position, according to the union, is the "22.4" driver, named for the section of the contract that created the position. These drivers work Tuesday through Saturday and top out at $30.64 per hour, while regular drivers can reach $42. UPS and the Teamsters Union did not immediately respond to a request for comment.

☆ United Airlines technicians vote to ratify new contract
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: +1 min

Jan 30 (Reuters) - United Airlines Holdings Inc (UAL.O) technicians ratified a two-year contract with the carrier that includes 16% to 23% wage increases, their union said on Monday. International Brotherhood of Teamsters, representing around 8,200 United Airlines technicians said the two-year contract would provide for improved job security by adding five heavy maintenance lines in-house. It includes a one-year early opener that allows for bargaining on a successor agreement to begin in December 2023. United Airlines did not immediately respond to a Reuters request for comment. Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

WASHINGTON — The Supreme Court on Tuesday hears a dispute between the International Brotherhood of Teamsters and a concrete company in Washington state that labor advocates say could weaken workers’ rights if the ruling goes against the union. The legal question is whether the company, Glacier Northwest Inc., can sue the union for damages in state court over an August 2017 strike action in which it says that concrete was lost when drivers walked off the job. Business interests that are often in conflict with organized labor have in the past been heavily critical of the labor board. The Supreme Court's conservative majority has ruled against unions in several high-profile cases in recent years. As a result of the strike, concrete hardened in the trucks and had to be broken up before it could be removed, the company says.

WASHINGTON, Jan 10 (Reuters) - U.S. Supreme Court justices on Tuesday wrestled with a labor dispute that could narrow federal protections for unions by making it easier for employers to sue over strikes that result in damage to company property. The Supreme Court, with its 6-3 conservative majority, has leaned toward curbing the power of labor unions in rulings in recent years. 174, representing the company's truck drivers, in state court accusing the union of intentional property destruction during the strike. Glacier Northwest urged the U.S. Supreme Court to rule that federal preemption does not bar claims made under state law involving intentional destruction of an employer's property. While the U.S. Supreme Court has found that labor unions can be sued in state court for violent or threatening conduct, the union argued, this narrow exception should not be expanded to permit property damage claims brought under state law.

☆ House approves tentative labor deal to avoid rail strike
▼ + stars: | 2022-11-30 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

The House passed legislation Wednesday that would force a tentative rail labor agreement and thwart a national strike. House Speaker Nancy Pelosi also plans to hold a separate vote to add seven days of paid sick leave to the agreement. He met with the four House and Senate leaders Tuesday in an effort to avoid the economic impacts of a rail strike, which the industry forecasts could cost the U.S. economy $2 billion per day. Railways and their labor unions had until Dec. 9 to reach an agreement before workers promised to strike. The tentative labor deal grants workers one additional personal day, for a total of three personal days for railroad workers.

Search resuls for: "International Brotherhood of Teamsters"

25 mentions found