Labor Unions


  • Chrysler

    Bradley Rubin, an auto trading specialist at BNP Paribas, told CNBC’s “Morning Call” that he’s surprised the United Auto Workers Union supports Cerberus Capital Management’s deal for Chrysler.

  • GM's U.S. Problem Thursday, 3 May 2007 | 2:17 PM ET
    General Motors

    If this sounds like a broken record, forgive me. But if you are looking for a reason why GM's turnaround is only a mild success, it's right here in the U.S. Just check out the company's latest earnings, which show a profitable business around the world, but one that is still in the red in the land of the red, white and blue.

  • General Motors Chairman and Chief Executive Rick Wagoner.

    Richard Wagoner, chief executive officer at General Motors, told CNBC’s “Squawk Box” that he’s confident the company’s North American operations can be profitable.

  • German Workers Strike to Push For Wage Increase Wednesday, 2 May 2007 | 11:46 AM ET

    More than 60,000 workers in Germany's engineering and metalworking sector took part in temporary stoppages on Wednesday, turning up the pressure on employers the day before a key round of wage negotiations.

  • Wal-Mart's exploitation of weak U.S. labor laws interferes with workers' rights to organize and violates the human rights of its employees, according to a report by Human Rights Watch, an independent nongovernment organization.

  • The South American country is the world's No. 3 copper and zinc producer, a top-two silver producer and No. 5 in gold, and labor unrest in Peru has flared in recent weeks.

  • Peru Mining Strike Looking Inevitable, Unions Say Friday, 27 Apr 2007 | 5:11 PM ET

    The South American country is the world's No. 3 copper and zinc producer, a top-two silver producer and No. 5 in gold.

  • General Motors suspended development work at two U.S. plants after talks between the union and management on cost cutting ended, the Wall Street Journal reported on its Web site on Friday.

  • Northwest Airlines Flight Attendants Agree to Pay Cuts Thursday, 26 Apr 2007 | 12:19 PM ET

    Association of Flight Attendants spokeswoman Karen Schultz said the agreement reached early Thursday met the $195 million target for yearly savings that the airline demanded.

  • UAW Group, Tracinda Discuss Bids for Chrysler: WSJ Monday, 23 Apr 2007 | 1:32 AM ET

    Representatives of billionaire investor Kirk Kerkorian, met with United Auto Workers members Sunday, the Wall Street Journal reports.

  • Freeport Indonesia Miners Head Back to Work Sunday, 22 Apr 2007 | 10:57 AM ET

    Thousands of workers headed back to Freeport-McMoRan's Grasberg mine in Indonesia on Sunday in a fleet of buses after ending a four-day walkout that sent copper prices to seven-month highs.

  • Business Sentiment in Germany Soars Tuesday, 17 Apr 2007 | 6:46 AM ET

    The sick man of Europe is feeling much better, with investor and business sentiment in Germany's economy soaring for the fifth month in a row, according to a survey released Tuesday.

  • Cerberus Group's Plan to Buy Delphi Hits Hurdle: WSJ Tuesday, 17 Apr 2007 | 2:33 AM ET

    An investor group's plans to buy bankrupt auto parts maker Delphi has hit a snag, with the union not agreeing to cut future wages and benefits for new hires, the Wall Street Journal reported on its Web site on Tuesday.

  • Deutsche Telekom Workers Strike Monday, 16 Apr 2007 | 6:36 AM ET

    Some 12,000 workers at Deutsche Telekom walked off the job Monday, protesting the telecommunications company's plan to reorganize its work force by transferring 50,000 staffers into separate units, union officials said.

  • The head of the Canadian Auto Workers says he will try to thwart billionaire investor Kirk Kerkorian's bid for Chrysler, fearing Kerkorian will cost thousands of workers their jobs.

  • Kerkorian's bid, about one-fifth of what he offered in 1995, reflects the falling fortunes of Chrysler Group, which lost $1.5 billion last year and has announced 13,000 job cuts in North America and reduced production.

  • Big Box, Big Brother? Wal-Mart Accused Of Snooping Thursday, 5 Apr 2007 | 9:07 AM ET

    The Wall Street Journal reported that a Wal-Mart employee was fired for recording phone calls with a New York Times reporter last month. And now, the man claims he was part of a more elaborate corporate espionage scheme. Labor and privacy experts joined “Street Signs” to analyze the case. David Garland, co-chair of the employment and labor group at Sills Cummis, explained to CNBC's Erin Burnett that at times, employees will go too far when snooping for the company...

  • TNT Post to Freeze Wages and Cut up to 7,000 Jobs Tuesday, 3 Apr 2007 | 5:49 AM ET

    Dutch mail company TNT will seek to freeze wages and cut up to 7,000 jobs to help lower costs by 300 million euros ($400 million) as its remaining monopoly is opened to competition next year.

  • UAW Rejects Latest Delphi Contract Proposal Wednesday, 28 Mar 2007 | 12:05 PM ET

    The United Auto Workers union has rejected a new "comprehensive proposal" from bankrupt auto parts supplier Delphi , UAW Vice President Cal Rapson said on Wednesday, calling the offer "pathetic."

  • Union Group Balks At UAL Executive Compensation Wednesday, 28 Mar 2007 | 8:14 AM ET

    News that Glenn Tilton, chief executive of UAL, earned $39.7 million in 2006 drew an angry protest from workers at UAL's United Airlines on Tuesday, with unions demanding their "fair share."