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☆ The Great China Boom is going bust
▼ + stars: | 2023-10-15 | by ( Linette Lopez | ) www.businessinsider.com time to read: +18 min

Unless dramatic action is taken, the future of China's economy is looking less like a young dynamo and more like an old, slow-moving blob. AdvertisementAdvertisementChinese President Xi Jinping has shifted the country's priorities from economic growth to a "technology and national-security race with the US." A faltering Chinese economy will suppress demand for commodities like oil seeds and grain, hitting US farmers especially hard. For the US economy, China as a workshop is much more important than China as a consumer. Now that China's economic supercycle is over, that may be the cycle we're about to witness.

Persons: We've, Xi Jinping, Lee Miller, it's, Xi's, —, Xu Jiayin, Charlene Chu, Chu, Chu —, Victor Shih, Shih, that's, they're, Zhang, Beijing's largess, Miller, It's, they'll, Chinese Communist Party that's, Anne Stevenson, Yang, isn't, Stevenson, Linette Lopez Organizations: Chinese Communist Party, CCP, Trust, Autonomous Research, Bloomberg, Autonomous, Century China Center, University of California, J Capital Research, Japan, Nike, Starbucks, WSJ, China, Companies Locations: China, Beijing, Cities, Shanghai, It's, Shenyang, metropolises, Shenzhen, Europe, Wall, —, University of California San Diego, Middle Kingdom, Mexico, Vietnam, New York City

☆ Kaiser Permanente, union reach tentative agreement after biggest healthcare strike
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

"We are excited to have reached a tentative agreement with the frontline health care workers of the @UnionCoalition this morning," Kaiser Permanente said on social media platform X. Kaiser Permanente and its coalition of healthcare workers unions did not immediately respond to requests for details on the agreement. The unions had said Kaiser outsourcing healthcare duties to third-party vendors and subcontactors also was a major sticking point in talks that have dragged on for six months. Company and union spokespersons had said on Thursday the two sides met in person late in the day at a San Francisco Bay-area hotel. "We are thankful for the instrumental involvement of Acting U.S. Labor Secretary," Kaiser said on X.

Persons: Kaiser, Kaiser Permanente, subcontactors, Julie Su, Manas Mishra, Leroy Leo, Steve Gorman, Shounak Dasgupta, Sriraj Organizations: Kaiser Permanente, Labor, U.S, Unions, U.S . Bureau of Labor Statistics, Thomson Locations: U.S, San Francisco Bay, Bengaluru, Los Angeles

Oct 13 (Reuters) - Kaiser Permanente's frontline healthcare workers union reached a tentative deal with the company on Friday, moving toward settling a payment and staffing dispute that had sparked the largest recorded strike in the U.S. medical sector. The strike by 75,000 workers last week had put Kaiser at the forefront of a growing labor unrest in the healthcare industry, including among employees of pharmacies and other hospital chains like Tenet Healthcare (THC.N). "What they've achieved here in Oakland (San Francisco Bay Area) is great news for frontline workers, for Kaiser and the patients in their collective care," Su said. Spokespersons for Kaiser Permanente and its coalition of healthcare workers unions said they would provide further details on the agreement later in the day. Kaiser is one of the largest U.S. medical employers with 24,000 doctors, 68,000 nurses, 213,000 technicians, clerical workers and administrative staff.

Persons: Kaiser, Julie Su, Su, Kaiser Permanente, Manas Mishra, Leroy Leo, Steve Gorman, Shounak Dasgupta, Sriraj Kalluvila, Arun Koyyur Organizations: Tenet Healthcare, Labor, Kaiser Permanente, District of Columbia, United Auto Workers, Detroit, U.S . Bureau of Labor Statistics, Thomson Locations: U.S, San Francisco Bay, Oakland, Bengaluru, Los Angeles

☆ Biden praises Kaiser Permanente labor agreement after worker strike: 'Collective bargaining works'
▼ + stars: | 2023-10-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, October 4, 2023. More than 85,000 health workers reached a tentative labor agreement with Kaiser Permanente on Friday that will avoid more strikes after the Biden administration intervened in the negotiations. President Joe Biden praised the health workers and reiterated his support for organized labor in a statement Friday. "I always say that collective bargaining works," Biden said. The Coalition of Kaiser Permanente Unions had threatened additional strikes if management did not meet their demands, particularly over short staffing and the outsourcing of jobs.

Persons: Biden, Joe Biden, Kaiser Organizations: Kaiser Permanente Los Angeles Medical Center, Permanente, Kaiser Permanente, UPS, United Auto Workers, Ford Motor, General Motors, Coalition, Kaiser Permanente Unions Locations: United States, Los Angeles , California, Detroit, California , Colorado , Oregon, Washington

☆ KPMG hit with record fine for 'textbook failure' in Carillion audits
▼ + stars: | 2023-10-12 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

The Financial Reporting Council (FRC) said the number, range, and seriousness of the deficiencies in the audits of Carillion were exceptional, resulting in the watchdog's highest ever fine. On occasions, KPMG audit partner Peter Meehan told his team to record his review of working papers without having done a review, the FRC said. Meehan, no longer with KPMG, was fined 350,000 pounds after a discount to reflect his cooperation and admission of failures. It would have been 30 million pounds, but was discounted due to admissions and co-operation by the auditor. KPMG was fined 14.4 million pounds last year after providing false and misleading information to the FRC during spot checks on audits of Carillion and outsourcing firm Regenersis.

Persons: Reinhard Krause, Carillion, Richard Moriarty, Moriarty, Peter Meehan, Meehan, Jon Holt, Holt, Huw Jones, Sharon Singleton, Mark Potter Organizations: KPMG, Canary, REUTERS, BHS, Council, FRC, PwC, Deloitte, EY, Thomson Locations: London, Britain

☆ Kaiser Permanente workers warn of potential second strike
▼ + stars: | 2023-10-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —A coalition of unions representing thousands of Kaiser Permanente health care workers warned they will walk off the job again next month if a deal is not reached with their employer. The first strike began on October 4 and ended on October 7 after an employment contract for 75,000 Kaiser workers expired without a new agreement. Spanning multiple states, it was the first national strike effort at Kaiser Permanente and the largest health care worker strike in US history. Kaiser said it has already hired 10,000 workers for union-represented roles so far in 2023. In a statement, Vincent Staupe, a spokesperson for Kaiser Permanente, said the health care organization has received notice from the unions of the potential strike.

Persons: Kaiser, ” Caroline Lucas, ” Kaiser, Vincent Staupe, Kaiser Permanente, ” Staupe Organizations: CNN —, Kaiser Permanente, Washington DC, Coalition, Kaiser Permanente Unions, CNN, Permanente Locations: Kaiser, California, Washington , Oregon, Virginia, Seattle, United States

☆ Kaiser healthcare unions say weeklong strike possible early next month
▼ + stars: | 2023-10-09 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

[1/2] Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. The Coalition of Kaiser Permanente Unions said on Monday it has served the company notice that a weeklong "follow-up strike is possible" starting Nov. 1 unless the two sides come to a settlement beforehand. The company did not have an immediate response to the unions' latest strike deadline. The strike, which ran for three days, marked the largest work stoppage to date in the healthcare sector. Kaiser said it kept its hospitals and emergency departments open during the walkout, staffed by doctors, managers and "contingency workers."

Persons: Julie Su, Su, Kaiser, Steve Gorman, Sriparna Roy, Caroline Humer, Shinjini Ganguli, Matthew Lewis Organizations: Healthcare, Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, Coalition, Kaiser Permanente Unions, Union, Kaiser, District of Columbia, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California, California , Oregon, Washington, , Colorado, Virginia, Seattle, Los Angeles, Bengaluru

☆ Here are Monday's biggest analyst calls: Tesla, Arm, Meta, Amazon, Apple, Netflix, Disney, Oracle & more
▼ + stars: | 2023-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs reiterates Netflix as neutral Goldman said it's standing by its neutral rating heading into earnings next week. Barclays reiterates Disney as equal weight Barclays said it's cautious on Disney heading into earnings in early November. JPMorgan reiterates Apple as overweight JPMorgan said its Apple survey checks show product delivery times are moderating. Bank of America initiates Motorola Solutions as buy Bank of America said Motorola is "well-positioned with multiple tailwinds supporting growth." Bank of America downgrades Datadog to neutral from buy Bank of America said it's concerned about slowing demand for the software company.

Persons: Wells, JPMorgan, Domino's, Goldman Sachs, Goldman, it's, Baird, Tesla, TSLA, Jefferies, Redburn, Evercore, Lennox, Piper Sandler, Piper Organizations: Meta, JPMorgan, Arm Holdings, Bank of America, Netflix, Barclays, Disney, ESPN, Apple, Holdings, " Bank of America, Motorola Solutions, Motorola, American, Spotify, Oracle, Citi, Patterson, UTI Energy Locations: Datadog, SASE, CY26

☆ Exclusive: Siemens Energy considers factory, office closures at wind division -sources
▼ + stars: | 2023-10-09 | by ( Christoph Steitz | ) www.reuters.com time to read: +3 min

The Siemens Gamesa sign is displayed at the renewable energy company's headquarters in Zamudio, Spain, April 28, 2022. Shares in Siemens Energy, which was spun off from Siemens AG (SIEGn.DE) in 2020, rose as much as 2.5% after the report. Siemens Energy Chief Executive Christian Bruch is under pressure to present a convincing turnaround plan for Siemens Gamesa after detailing far-reaching problems just a few months after assuming full ownership of the division. Bruch said in August that Siemens Gamesa would prioritise profitability and stability over growth, suggesting a brimming order book needed to lead to healthy profits. A spokesperson referred to comments from Bruch in August, who said the most important thing was to stabilise Siemens Gamesa and that Siemens Energy was looking at all options.

Persons: Vincent West, Christian Bruch, Bruch, Christoph Steitz, Alexander Huebner, Danilo Masoni, Alexander Smith Organizations: Siemens, REUTERS, Companies Siemens Energy, Siemens Energy, Siemens Gamesa, Siemens AG, Thomson Locations: Zamudio, Spain, FRANKFURT, Frankfurt

☆ The big AI and robotics concept that has attracted both Walmart and Softbank
▼ + stars: | 2023-10-07 | by ( Tim Mullaney | ) www.cnbc.com time to read: +13 min

Softbank also owns 65% of the GreenBox venture, which launched with $100 million in investment by the two companies. They say it's a $500 billion market, and an example of the kind of change AI can bring to the economy at large. But not as many investors know about Softbank's "other" big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic , which Walmart has taken a big stake in itself. Symbotic teamed up with Softbank to build GreenBox in order to preserve its own capital, Cohen told analysts. The GreenBox market for smaller companies shapes up as another $500 billion of possible demand, Gartner's Klappich said.

Persons: Rick Cohen, Softbank, Robert W, Baird, Vikas, Schwarz, Kristin Schwarz, Vikas Parekh, Parekh, Giordano, I've, TD Cowen, Joseph Giordano, GreenBox, Dwight Klappich, Symbotic, Klappich, Mason, Cohen, —, Bill Boyd, Gartner's Klappich, Doug McMillon Organizations: Walmart, CNBC, Gartner, Target, Venture, Arm Holdings, Wholesale, Forbes, Revenue Locations: GreenBox, Wilmington, Mass, Fla

☆ Kaiser Permanente health workers threaten more strikes if demands not met
▼ + stars: | 2023-10-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

Striking Kaiser Permanente workers hold signs as they march in front of the Kaiser Permanente Vallejo Medical Center on October 06, 2023 in Vallejo, California. Kaiser Permanente workers on Friday threatened further strikes if executives don't meet their demands over health-care staffing and job outsourcing. More than 75,000 Kaiser workers are scheduled to end a three-day work stoppage in California, Colorado, Washington and Oregon at 6 a.m. Saturday local time. The current strike, which began Wednesday, is said to be the largest walkout by health-care workers in U.S. history. The Coalition of Kaiser Permanente Unions said workers will provide 10 days notice before walking out again.

Organizations: Kaiser Permanente, Kaiser Permanente Vallejo Medical Center, Kaiser, The Coalition, Kaiser Permanente Unions Locations: Vallejo , California, California , Colorado, Washington, Oregon, California

☆ Strike by 75,000 Kaiser Permanente healthcare workers enters third day
▼ + stars: | 2023-10-06 | by ( Steve Gorman | ) www.reuters.com time to read: +6 min

Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. Kaiser has said its hospitals and emergency departments have remained open despite the walkout, staffed by doctors, managers and "contingency workers." In any case, Lucas said the striking workers will all return to their jobs by 6 a.m. on Saturday, 72 hours after the strike began, because healthcare workers by law must give advance notice of 10 days of any intent to go on strike. However, the union on Friday warned of another strike if "Kaiser executives continue to commit unfair labor practices and bargain in bad faith." The Kaiser strike has idled more than 75,000 employees, union officials said.

Persons: Kaiser, Julie Su, Caroline Lucas, Lucas, Steve Gorman, Ahmed Aboulenein, Bhanvi, Bill Berkrot, Robert Birsel, Anil D'Silva Organizations: Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, District of Columbia, Labor, Coalition, Kaiser Permanente Unions, Kaiser, Union, Unions, U.S . Bureau of Labor Statistics, Washington D.C, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California , Oregon, Washington, , Colorado, Virginia, California, Las Vegas, California , Colorado , Oregon, Hawaii , Georgia, Los Angeles, Bengaluru

☆ Day two: Kaiser Permanente unionized health care workers strike across California, Colorado, Washington and Oregon
▼ + stars: | 2023-10-05 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

CNN —The largest health care strike in US history is now in its second day after more than 75,000 Kaiser Permanente workers began walking off the job on Wednesday. In a statement, Kaiser Permanente said that labor shortages are an industry-wide problem. Striking Kaiser Permanente workers hold signs as they march in front of the Kaiser Permanente San Francisco Medical Center on October 04, 2023 in San Francisco, California. “So, their best choice is to be Monday through Friday in their cars.”In a statement, Kaiser Permanente said it is a leader in pay. This is the first ever national strike effort at Kaiser Permanente.

Persons: Kaiser Permanente’s, Andrew Caballero, Reynolds, Hilary Costa, Kaiser, Caroline Lucas, Anna Isaiah, transcriber, ”, “ It’s, Samuel Braslow, James Bell, Kaiser Permanente, Picketers, Permanente, Justin Sullivan, Rocio Chacon, ” Chacon, “ Organizations: CNN, Kaiser Permanente, Employees, Union, Professional Employees International Union, Getty, ”, Kaiser, Healthcare, Workers, Permanente, Kaiser Permanente San Francisco Medical Center Locations: California , Colorado, Washington and Oregon, Kaiser, Virginia, Washington, DC, Kaiser Permanente Springfield, Springfield , Virginia, AFP, Los Angeles, Los Angeles , California, San Francisco , California, Southern California, United States

☆ Kaiser Permanente workers start to walk off the job. It’s set to become the largest health care worker strike in US history
▼ + stars: | 2023-10-04 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

By 9 am ET, more than 75,000 Kaiser workers plan to join picket lines, marking the largest health care strike in US history. In the wake of pandemic, however, health care workers in particular have been fighting for safer and more secure work environments. Many health care employees are set to join the picket lines, including nursing staff, dietary workers, receptionists, optometrists, and pharmacists. Kaiser Permanente “members” pay dues to the organization to gain access to Kaiser Permanente’s wide-ranging health care services. The increased number of health care strikes have happened despite health care workers making up only about 9% of private sector union members nationwide.

Persons: Kaiser, Kaiser Permanente, James Santos, “, ”, Permanente, ” Renee Saldana, they’re, ’, “ Kaiser Permanente, CNN’s Chris Isidore Organizations: CNN, Kaiser Permanente, Kaiser, Washington DC, SEIU, UHW, “ Workers, United Auto Workers, Ford, General Motors, Writers Guild of America, Hollywood, of Labor Statistics Locations: Virginia, Washington, DC, United States, California , Colorado, Washington and Oregon, Kaiser, York City, “ Kaiser

☆ Warburg Pincus to invest in Everise, valuing US healthcare outsourcing company at $1bln
▼ + stars: | 2023-10-03 | by ( Yantoultra Ngui | Thomson Reuters | Yantoultra Ngui Is A Southeast Asia Deals Correspondent With Reuters In Singapore | ) www.reuters.com time to read: +2 min

"We have continued to see strong underlying demand for quality customer experience, driven by an increasing outsourcing trend across the global healthcare industry," Warburg Pincus' Mumbai-based managing director Viraj Sawhney said in the statement. Warburg Pincus has invested in the healthcare sector for over five decades and counts Ensemble Health Partners, which offers revenue cycle management for healthcare firms, and U.S consumer healthcare navigation company Quantum Health among its portfolio companies, according to the statement. The entry of Warburg Pincus into Everise will see Singapore-headquartered private equity firm Everstone Group exiting the company, according to the statement, which said the transaction is expected to close by the end of this year. Founded in 2016, Everise has over 19,000 employees in eight markets from Singapore to India, according to its website. Brookfield, with some $850 billion in assets under management, agreed to buy into Everise from Everstone in 2020.

Persons: Warburg Pincus, Everise, Viraj Sawhney, Yantoultra Ngui, Kane Wu, Catherine Evans, Emelia Organizations: Health Partners, Quantum Health, Everstone Group, Brookfield, Thomson Locations: SINGAPORE, Everise, U.S, Brookfield, Mumbai, Singapore, India, Everstone

For his manager, Barrie Chapman, the overtime he now gets is a huge boost once unheard of in the hospitality sector. At its "Alcampo Lounge" venue in Brighton, staff can get a free meal per shift, flexible hours, bonuses, and overtime for salaried employees. "There's been a trend in hospitality to work staff hard, to not treat them very well, because there was always another person that would come in," said head chef Chris Lloyd-Rogers. "That's why people leave work, and it's what brings people back," Wilson said. Recruitment website Indeed said its regular survey of job seekers showed that the most highly valued benefits were flexible working and sick pay.

Persons: Josh Hughes, Davies, Barrie Chapman, Jen Eaton, Nick Collins, Eaton, Chapman, Hughes, Spencer, Britain's, Loungers, There's, Chris Lloyd, Rogers, Tony Wilson, Wilson, Sarah Findlater, Fiona Walters, Amit Puntambekar, Puntambekar, James Davey, Kate Holton, David Milliken, David Clarke 私 Organizations: Reuters, Amazon, Tesco, Global, Office, National Statistics, Britain, EU, Institute for Employment Studies, Organisation for Economic Co, IES Locations: BRIGHTON, England, Brighton, Britain, Cambridge, London

☆ A landmark marijuana bill is headed to the Senate floor
▼ + stars: | 2023-10-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —The Senate Banking Committee approved a historic marijuana banking bill last week that breaks barriers between financial institutions and cannabis companies. The legislative road ahead is tough, despite the bipartisan majority in committee, but this bill could redefine the business of marijuana. A cannabis business owner drove from Portland to Salem to deliver his taxes, and he had a backpack with $70,000 cash in it. Shutting down its DVD business could help Netflix better focus resources as it expands into new markets such as gaming as well as live and interactive content. Its DVD business has also declined significantly in recent years.

Persons: Bell, Jeff Merkley, Banks, I’ve, that’s, Kaiser Permanente, Kaiser, Eva Rothenberg, Samantha Murphy Kelly, “, Ted Sarandos, Netflix’s Organizations: CNN Business, Bell, New York CNN, Kaiser, Coalition, Kaiser Permanente Unions, D.C, Kaiser Permanente, Netflix, Blockbuster, Hollywood Locations: New York, Oregon, Portland, Salem, That’s, California , Oregon, Colorado , Virginia, Washington

☆ Workers are worried about AI taking their jobs. Artists say it's already happening.
▼ + stars: | 2023-10-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

Artists say companies are already outsourcing entry-level work to generative AI. Artists were among the first to encounter generative AI. "Companies can use generative AI to throw a bunch of stuff at the wall and churn out thousands of concepts in an afternoon." After she first encountered generative AI, Eva used the Have I been Trained tool and found that several of her artworks had been used to train AI models. AMY OSBORNE/Getty ImagesZhao is also concerned about how generative AI may impact the next generation.

Persons: —, Goldman Sachs, Eva Toorenent, she'd, Reid Southen, Reid, Karla Ortiz, It's, Eva, Ben Zhao, I'm, it'll, Ortiz, Midjourney, AMY OSBORNE, Zhao, Glaze Organizations: Service, IBM, BT, University of Chicago, Stability, Getty

☆ Kaiser Permanente contract expires: 75,000 workers to go on strike Wednesday, the largest US health care strike
▼ + stars: | 2023-10-01 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

CNN —A coalition of eight unions representing 75,000 employees of Kaiser Permanente said late Saturday that is has not reached an agreement with the company, setting the stage for the largest healthcare strike in US history on Wednesday. The coalition’s contract with Kaiser officially expired after 11:59 pm PT on Saturday night. In a statement a few hours before the contract ran out, Kaiser Permanente said that it will continue negotiating “in good faith,” and that operations will continue normally until the planned strike happens on Wednesday. We remain optimistic that we will reach an agreement and avoid an unnecessary strike,” the company said. CNN has reached out to the Coalition of Kaiser Permanente Unions for comment.

Persons: Kaiser Permanente, Kaiser, “ Organizations: CNN —, Kaiser, Coalition, Kaiser Permanente Unions, D.C, ”, CNN Locations: California , Oregon, Colorado , Virginia, Washington

☆ A contract for 75,000 workers is about to expire. The largest US health care strike in history could be next
▼ + stars: | 2023-09-30 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

CNN —A labor contract for thousands of unionized health care workers across five states and Washington, DC, is set to expire on Saturday at 11:59 pm PT, potentially triggering the largest health care strike in US history. More than 75,000 health care employees who work at hundreds of Kaiser Permanente facilities plan to strike from October 4 through October 7 if a labor deal is not reached. They work in a wide range of health care support positions, which include nursing assistants, x-ray technicians, pharmacists and optometrists, among other roles. Unlike traditional fee-for-service medical systems in the United States, Kaiser Permanente patients pay membership dues for health care services. Kaiser Permanente has 12.7 million members and operates 39 hospitals and 622 medical offices, according to its website.

Persons: Kaiser Permanente’s, Renee Saldana, Hilary Costa, ” Costa, “, ”, Kaiser, UHW, Saldana, they’re, Betsy Twitchell, ” Twitchell Organizations: CNN, Kaiser Permanente, Service Employees International Union, United Healthcare, SEIU, UHW, Permanente, “ Workers Locations: Washington, DC, Kaiser, California , Colorado , Oregon, Washington , Virginia, United States

☆ UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks
▼ + stars: | 2023-09-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. Fain said Chrysler-parent Stellantis was spared from additional strikes because of recent progress in negotiations with that company. "To restore the balance of power, we have to restore the strike," Fain said Friday, citing several other UAW strikes aside from the Detroit automakers. The UAW originally initiated work stoppages on Sept. 15 at three assembly plants — one each for the Detroit automakers. At that time, the UAW spared Ford from expanded strikes, citing progress in those negotiations.

Persons: Shawn Fain, Fain, Stellantis, Gerald Johnson, GM's Organizations: DETROIT, United Auto Workers, General Motors, Ford Motor, UAW, Chicago Assembly, Ford Explorer, Lincoln Aviator, Buick Enclave, Chevrolet, Chrysler, Detroit, GM, Ford, Detroit automakers Locations: Illinois, Lansing Delta, Michigan

☆ 5 things you need to know about what could be the largest health care strike in US history
▼ + stars: | 2023-09-29 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

Patients pay for a membership and gain access to Kaiser Permanente’s health care services. Kaiser Permanente has 12.7 million members and operates 39 hospitals and 622 medical offices, according to its website. The strike would be the largest US health care strike in history, according to data from the Bureau of Labor Statistics. It would also be the first-ever national strike effort at Kaiser Permanente, according to John August, the director for health care labor relations at Cornell and the former executive director of the Coalition of Kaiser Permanente Unions. More workers are going on strikeA potential health care workers’ strike would be one in a long line of organized labor efforts that have occurred this year.

Persons: Kaiser Permanente, John August, “, Dania Maxwell, ”, Kaiser, Renee Saldana, they’re, Gabe Montoya, we’re, “ Kaiser, We’ve, UHW, you’re Organizations: Los Angeles CNN, Kaiser Permanente, Washington DC, Kaiser, Bureau of Labor Statistics, Cornell, Coalition, Kaiser Permanente Unions, Service Employees International Union, United Healthcare Workers West, SEIU, Permanente, CNN, Kaiser Permanente Los Angeles Medical Center, Los Angeles Times, “ Workers, ” Employees, “ Kaiser Permanente, Cornell University’s School of Industrial and Labor Relations, United Auto Workers, Ford, General Motors, ’ Guild of America Locations: Kaiser, California , Colorado , Oregon, Washington , Virginia, Washington, ”, Hollywood, Los Angeles , CA, Downey , California, United States, Los Angeles

☆ A couple explains how they turned a pop-up breakfast taco side project into a brick-and-mortar restaurant that brought in more than $1 million in revenue in year one
▼ + stars: | 2023-09-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +16 min

Ana-Maria Jaramillo introduced her now husband, Gus May, to breakfast tacos when they met in 2017. They agreed that if their relationship became more serious, they'd bring breakfast tacos to DC. AdvertisementAdvertisementAna-Maria Jaramillo grew up eating homemade breakfast tacos on a flour tortilla — and figured almost everyone else did, too. La Tejana serves up breakfast tacos in Washington, DC. Jaramillo introduced May to breakfast tacos in 2017.

Persons: Ana, Maria Jaramillo, Gus May, —, Jaramillo, Tejana, — Jaramillo, she'd, May, It's, Maria, Suzannah Hoover, That's, fryer, " Jaramillo, that's, We've, we've, we're Organizations: DC, Small, Service Locations: Monterrey, Mexico, McAllen , Texas, Austin, Washington ,, Washington , DC, Washington, Texas, Mount Pleasant, Pleasant, La

☆ Trump claims to be pro-worker. His record says he’s anti-union
▼ + stars: | 2023-09-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

New York CNN —Donald Trump arrives in Michigan Wednesday with a lot more support among blue collar union members than a lot of Republican presidential candidates before him. The Trump Supreme Court also issued a devasting ruling against public sector unions, which represent almost as many union members as found at private businesses. The state gained 1,800 auto jobs from February 2021, Biden’s first month in office, through February of this year. And Trump urged UAW members to stop paying their union dues. They’re predominantly anti-abortion,” said Brian Pannebecker, a staunch Trump supporter and president of Auto Workers for Trump.

Persons: Donald Trump, “ He’s, ”, Cathy Creighton, Clinton, he’s, Biden, Neil Gorsuch, Trump, Mary Barra, Biden’s, Crooked Joe Biden, they’re, they’ve, You’re, Shawn Fain, Fain, ” Fain, “, “ It’s, Jason Miller, autoworkers, Wheaton, EVs, ” Wheaton, Todd Vachon, Brian Pannebecker, – CNN’s Kristen Holmes, Alayna Treene, Daniel Strauss Organizations: New, New York CNN, National Labor Relations Board, Cornell University’s, Industrial and Labor Relations, Biden NLRB, Trump Supreme, Trump, GM, Lordstown Motors, North American Free Trade, Bureau of Labor Statistics, UAW, United Auto Workers, General Motors, Ford, Drake Enterprises, Labor, Crooked, Biden, Michigan, CNN, Trump Trump’s, ” Trump, Rutgers University, Auto Workers Locations: New York, Michigan, Buffalo , New York, Lordstown , Ohio, Youngstown, Mexico, Macomb County, Detroit, China, Buffalo . Wheaton

☆ CEO admits her airline 'let you down in many ways' and asks customers for patience to 'earn your trust back'
▼ + stars: | 2023-09-24 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

New Qantas CEO Vanessa Hudson apologized for the series of scandals involving the Australian airline. Hudson said regaining trust would "take time and I ask for your patience." "We have let you down in many ways and for that I am sorry," Vanessa Hudson said in a video posted to the company's social media accounts. "We understand we need to earn your trust back, not with what we say but what we do and how we behave. AdvertisementAdvertisementA message to customers from Qantas CEO, Vanessa Hudson.

Persons: Vanessa Hudson, Hudson, Alan Joyce, pSjMjXnybY, Joyce Organizations: Qantas, Service, Competition, Consumer Commission, Transport Workers, Union, Guardian Locations: Wall, Silicon

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