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Labor Unions

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  • BERLIN/ BOEBLINGEN, Feb 24- An inflation-busting wage deal for Germany's biggest labor union agreed on Tuesday looks set to boost household spending this year after consumer activity propelled strong growth in Europe's largest economy at the end of 2014.. Germany is under pressure to increase wages and invest more to help reduce economic imbalances and...

  • German industrial workers to get 3.4 percent pay raise Tuesday, 24 Feb 2015 | 3:43 AM ET

    BERLIN— Millions of German industrial workers are set to get a 3.4 percent pay increase this year following a deal between employers and a major union. Workers will each get a one-time payment of 150 euros for January-March. The raise falls short of the 5.5 percent IG Metall, Germany's biggest industrial union, originally demanded for some 3.7 million workers...

  • BOEBLINGEN, Feb 24- A major regional branch of IG Metall, Germany's biggest trade union, agreed with employers on a 3.4 percent wage increase for one year from April 1, plus a one-off payment of 150 euros, the head of the union in Baden-Wuerttemberg said on Tuesday. Deals agreed in the pilot region traditionally serve as a template for agreements across Europe's...

  • Oil prices extend slide  Monday, 23 Feb 2015 | 10:13 AM ET

    Workers of the United Steelworkers union (USW) are entering the 4th week of protests. John Felmy, American Petroleum Institute, and Pavel Molchanov, Raymond James energy analyst, discuss the potential impact.

  • West Coast ports reopen, not yet normal  Monday, 23 Feb 2015 | 10:07 AM ET

    Management says it could take up to 3 months to unclog the container ship traffic jam at the West Coast ports, reports CNBC's Jane Wells.

  • When West Coast docks will catch up: Port boss Monday, 23 Feb 2015 | 9:19 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    Congestion at 29 ports following a months-long labor dispute has reached "epic proportions," the Port of Long Beach CEO tells CNBC.

  • Aer Lingus trade unions split over IAG offer Monday, 23 Feb 2015 | 5:02 AM ET

    DUBLIN, Feb 23- Aer Lingus's two main trade unions have not softened their opposition to a takeover approach by International Consolidated Airlines Group, they said on Monday after a senior union official at the Irish airline said he backed the bid. Myles Worth, secretary of Aer Lingus's Central Representative Council-- a grouping of staff representatives from...

  • Refinery strike widens to include largest U.S. refinery Saturday, 21 Feb 2015 | 3:45 AM ET
    Members of the United Steelworkers Union and other supporting unions picket outside the BP refinery on February 10, 2015 in Whiting, Indiana.

    The U.S. refinery strike widened, with workers at the nation's largest refinery walking off the job, the United Steelworkers union said.

  • West Coast ports, union reach tentative labor deal Saturday, 21 Feb 2015 | 1:56 AM ET
    Container ships sit docked in a berth at the Port of Oakland on February 17, 2015 in Oakland, California.

    Shipping companies and terminal operators clinched a tentative deal with the dockworkers union, settling a labor dispute causing months of backups at 29 U.S. ports.

  • UAW president: GM share buyback proposal premature Saturday, 21 Feb 2015 | 12:24 AM ET

    The UAW's president, whose union indirectly controls the largest block of General Motors shares, said a $8 billion GM stock buyback proposal is premature.

  • Japan wages: Manufacturing consent Thursday, 19 Feb 2015 | 10:04 PM ET

    Shunto, the "spring offensive" by Japan's trade unions, is making a comeback on behalf of Japanese workers asking for a pay raise, the FT reports.

  • Backed up cargo at LA port  Wednesday, 18 Feb 2015 | 10:54 AM ET

    CNBC's Jane Wells reports on the lengthy time projection to unclog the system after delays due to the port dispute.

  • How West Coast ports dispute is impacting Asia  Tuesday, 17 Feb 2015 | 7:50 PM ET

    Roberto Giannetta, secretary of the Hong Kong Liner Shipping Association, says service reliability has been impacted by the labor dispute at ports on U.S. West Coast.

  • Dispute should be resolved soon: Port CEO Tuesday, 17 Feb 2015 | 4:49 PM ET
    Secretary of Labor Thomas Perez

    "We're so close I can't imagine they can't resolve this very, very soon," the CEO of the Port of Long Beach told CNBC on Tuesday.

  • Port fight costing us $400,000 a day: CEO Tuesday, 17 Feb 2015 | 2:57 PM ET
    A container is loaded onto a ship docked at the Port of Oakland on Feb. 11, 2015, in Oakland, Calif.

    One CEO says his company has 200 containers with millions of dollars in inventory stuck offshore.

  • Why this CEO isn't sweating the port fight Tuesday, 17 Feb 2015 | 9:56 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    West Coast port shutdowns have pinched automakers, but the dispute has only minimally impacted vehicle tool maker Snap-On, the CEO told CNBC.

  • Honda to slow US output amid West Coast dispute Sunday, 15 Feb 2015 | 6:41 PM ET
    A sign is shown over the O'Hare Honda car dealership in Des Plaines, Ill.

    Japanese carmaker Honda Motor plans to slow production due to a parts shortage caused by a partial shutdown of ports along the West Coast.

  • US labor secretary jumps into West Coast port fray Saturday, 14 Feb 2015 | 4:48 PM ET
    Ships gather off the ports of Los Angeles and Long Beach, California in this aerial photo taken February 6, 2015.

    Labor Secretary Tom Perez will travel to California to help broker a deal between shipping companies and dockworkers in the West Coast port fight.

  • Port partial shutdown ...again  Thursday, 12 Feb 2015 | 1:16 PM ET

    There is a partial lockout at West Coast ports again. CNBC's Jane Wells has the story.

  • Illinois anti-union move unconstitutional: AFL-CIO Tuesday, 10 Feb 2015 | 5:56 PM ET
    Bruce Rauner

    Illinois Gov. Bruce Rauner's move to eliminate union dues is "unconstitutional," AFL-CIO President Richard Trumka told CNBC on Tuesday.