Labor Unions


  • 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."

  • UAW President: Don't Mistake Cooperation for Weakness Tuesday, 27 Mar 2007 | 2:09 PM ET

    Gettelfinger said the UAW would fight at the bargaining table, in the courts, politically and "if need be on the picket line."

  • Siemens Board Member Arrested in Probe Tuesday, 27 Mar 2007 | 8:47 AM ET

    A board member of Siemens was arrested Tuesday in connection with an investigation of alleged payments to the head of a tiny labor union, the company said.

  • Danish SAS Strike Cancels Dozens of Flights Wednesday, 21 Mar 2007 | 5:43 AM ET

    Danish flight attendants at Scandinavian airline SAS stopped work on Wednesday at Copenhagen's Kastrup international airport in a contract dispute, forcing the cancellation of dozens of flights.

  • Airbus Workers Strike to Protest Restructuring Plan Friday, 16 Mar 2007 | 12:06 PM ET

    Airbus workers downed tools and gathered for protest marches on Friday to fight 10,000 planned job cuts at the European civilian plane maker and its contractors.

  • The world's largest automaker said its obligation for post-retirement health care and other benefits was $68 billion at the end of last year and could grow on a global basis.

  • US Airways Workers Protest Negotiations Thursday, 15 Mar 2007 | 4:31 AM ET

    Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.

  • The legislation, passed 241-185 on a nearly party-line vote, would take away the right of employers to demand secret-ballot elections by workers before unions could be recognized.

  • Airbus to Cut 10,000 Jobs Over Four Years Wednesday, 28 Feb 2007 | 10:22 AM ET

    Airbus confirmed Wednesday that it plans to spin off several manufacturing sites and shed about 10,000 jobs as part of a long-awaited restructuring plan, union officials said. Workers staged stoppages to protest the cuts.

  • Harley-Davidson, the U.S. motorcycle maker, said late on Friday that it had reached a tentative agreement with striking workers at its largest plant.

  • Chrysler, GM In Talks To Develop Large SUV: Report Thursday, 15 Feb 2007 | 12:06 PM ET

    DaimlerChrysler's Chrysler Group and General Motors are in talks to jointly develop a large SUV like the Chevrolet Suburban, which Chrysler doesn't have in its current lineup, according to a report in Wall Street Journal.

  • Mercedes

    DaimlerChrysler will cut 13,000 jobs at its Chrysler operation in North America and indicated it could sell or spin off the money-losing unit, which would unwind a troubled 9-year-old merger between Chrysler and Mercedes.

  • General Motors declined comment on the report, which said the parties are working on it "at full speed."

  • Is GM Really Worth Buying? Tuesday, 13 Feb 2007 | 2:11 PM ET
    General Motors

    As I woke in Detroit after flying in from New York this morning, I saw the story on "Squawk Box," - another Wall St. firm had raised GM to a buy rating. Why? Primarily on the idea that GM's 17 billion surplus on It's pension wil give it the leverage needed to strike a better deal with the uaw regarding retiree healthcare costs.

  • Comair and Pilots Union Reach Tentative Agreement Tuesday, 13 Feb 2007 | 3:28 AM ET

    Comair and the union representing its pilots reached a tentative agreement Tuesday, forestalling a plan by the U.S. regional airline to impose wage cuts and other concessions.

  • Toyota Cutting Labor Costs? Probably Not Thursday, 8 Feb 2007 | 4:34 PM ET

    Today at the Chicago Economic Club, Jim Press, the highest ranking American member of Toyota's executive corps caused a bit of stir, when he said the Japanese automaker would like to cut labor costs without cutting wages.  Though vague, the comment has investors wondering if Toyota is talking tough on labor -- and if this is a sign of problems for the folks that make the Camry.