RECENT NEWS
Reuters  Sep 16  Comment 
Volkswagen's ability to agree a big cost-cutting plan with its powerful labor unions in the coming weeks could determine whether the German carmaker's shares make a full recovery from its emissions scandal.
Wall Street Journal  Aug 24  Comment 
The National Labor Relations Board ruled that Columbia University graduate students are employees under federal labor law, paving the way for graduate students at private colleges nationwide to join labor unions.
MarketWatch  Aug 23  Comment 
U.S. labor panel delivers victory for Columbia University students.
NPR  May 27  Comment 
Labor Secretary Thomas Perez announced the agreement in principle and says he expects workers will be back on the job next week.
Wall Street Journal  May 27  Comment 
MarketWatch  May 27  Comment 
Verizon Communications and its labor unions have reached an agreement in principle that could end a weekslong strike, with Labor Secretary Thomas Perez saying he expects workers to be back on the job next week.
Insurance Journal  May 24  Comment 
The International Association of Machinists and Aerospace Workers trumpeted an agreement reached earlier this month to represent New York Uber drivers, saying it “gives organized labor an opportunity to shape the new economy in a way that...
Forbes  May 9  Comment 
TCI Fund Management launched a stinging attack on Volkswagen for failing shareholders and called for curbs on management pay, but fell short of urging reform of the company’s most crippling problem: the power of labor unions and local...
New York Times  May 6  Comment 
The Service Employees International Union and the American Federation of State, County and Municipal Employees are collaborating in ways some see as a path to a merger.
newratings.com  Mar 29  Comment 
WASHINGTON (dpa-AFX) - Another split decision by the U.S. Supreme Court on Tuesday has provided a victory for labor unions representing public sector employees. The case involved requirements in a number of states that non-union employees must...
NPR  Mar 27  Comment 
The state's minimum wage is currently $10; under the new agreement between legislators and labor unions, it would rise by $5 over the next six years.




 
TOP CONTRIBUTORS

A labor union or trade union is an organization run by and for workers who have come together to achieve common goals in fair wages and working conditions.

The most visible labor unions are among public sector employees such as teachers and police. Labor unions engage in collective bargaining over wages, benefits, and working conditions for their members and on representing their members if management attempts to violate contract provisions.

The main role of unions is to protect employee rights in the workplace and to negotiate salaries, benefits, training and other conditions of employment.

The role of labor unions were much debated within the 2008 "Economic Crisis" when the three largest automakers in the U.S. asked for $50 Billion in loans in order to stay viable. According to some Senators costly labor agreements including pension and health plans put the U.S. automakers at a disadvantage to foreign companies resulting in their collapse. The American automobile had nothing to do with it.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki