Contracts Labor Unions

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  • High flyer

    A former hedge fund manager has been charged along with a prominent union official in a case involving kickbacks and a pension fund.

  • Yet in some important areas of EU law, such as social and employment law, Britain has chosen to go further than the EU requires, often in response to pressure from trade unions, raising questions about how much a post-Brexit government might be able to cut back. At the same time, many British companies are able to side-step one of the bloc's most controversial pieces...

  • Patrick Connolly is chef at Rider in New York City. The new restaurant has adopted a no tipping policy.

    From no tipping to cashless, mobile transactions, your restaurant experience is changing, according to an American Express survey.

  • Juno takes on Uber, gives drivers equity

    Talmon Marco, Juno co-founder and CEO, provides insight to his new ride sharing service.

  • The Trump Taj Mahal casino in Atlantic City, New Jersey.

    The Supreme Court rejected a union's appeal of a lower court's ruling that allowed Trump Taj Mahal casino to break its contract with union workers.

  • Union workers protest outside Verizon’s annual shareholder meeting in Albuquerque, New Mexico.

    Verizon Communications will also provide 10.9 percent in pay raises over four years under a tentative deal between the company and unions.

  • French riot police prepare to disperse workers at an oil depot blockade

    Police broke up a fuel depot blockade in France on Wednesday and France's hardline CGT union prepared for a strike at a nuclear plant.

  • Telecom network equipment maker Nokia may cut 10,000 to 15,000 jobs as part of a cost-cutting programme, a union representative said.

  • Labor leaders in revolt

    Construction and building trade unions are sounding off to AFL-CIO President Richard Trumka over a recently announced partnership with billionaire environmentalist Tom Steyer. CNBC contributor Jared Bernstein, provides perspective.

  • The figures are issued annually by the AFL-CIO, the largest U.S. federation of labor unions. The average production and non-supervisory worker made around $36,900 last year, up from roughly $36,000 in 2014, according to the AFL-CIO, based on U.S. government reports. "The income inequality that exists in this country is a disgrace," AFL-CIO President Richard...

  • The figures released annually by the AFL-CIO, the largest U.S. federation of labor unions, are likely to gain attention. The average production and non-supervisory worker made around $36,900 last year, up from roughly $36,000 in 2014, according to a statement from the AFL-CIO. "The income inequality that exists in this country is a disgrace," AFL-CIO President...

  • WASHINGTON, May 16- Colombia has failed to enforce worker protections in a free trade agreement with the United States, U.S. and Colombian labor unions said on Monday, raising questions about similar provisions in the massive Trans-Pacific Partnership trade deal. In a complaint, filed with a division of the U.S. Labor Department, the unions said threats and acts...

  • WASHINGTON, May 16- U.S. and Colombian labor unions said the Colombian government failed to enforce worker protections in a free trade agreement with the United States, raising questions about similar provisions in a massive pan-Pacific deal. The Trans-Pacific Partnership trade deal has similar provisions but also requires all 12 members, which include...

  • Union workers protest outside Verizon’s annual shareholder meeting in Albuquerque, New Mexico.

    Verizon and officials representing about 39,000 striking workers up and down the East Coast have agreed to restart negotiations.

  • COLOGNE, May 13- Germany's biggest trade union, IG Metall, and employers agreed a two-stage wage rise of 4.8 percent over 21 months for 3.8 million workers, the union said on Friday. Strong domestic demand has replaced exports as the main pillar of support in Europe's largest economy. Wages will first rise by 2.8 percent from July 1 and then by 2.0 percent from April...

  • FRANKFURT, May 13- Germany's biggest trade union, IG Metall, agreed with employers on a two-stage wage increase of nearly 5 percent over a period of 21 months, the union said on Friday. Both sides agreed on a pay hike of overall 4.8 percent, IG Metall said, adding that wages would first rise by 2.8 percent starting from July 1 and then by 2.0 percent from April 2017.

  • Wages up, profits down

    Ken Brown, The Wall Street Journal Columnist, lays out the winners and losers of higher labor costs.

  • Icahn: Union has squeezed city's important employers

    CNBC's John Harwood reports on billionaire investor Carl Icahn responding to remarks leveled at him by Presidential candidate Bernie Sanders.

  • Greece's largest labor union, the private sector GSEE, said the reforms, now pending approval in parliament, were the "last nail on the coffin" for workers and pensioners who have sacrificed enough after six years of austerity. "They are trying to prove to the Eurogroup that they are good students but they are destroying Greece's social security system," a GSEE...

  • Verizon workers strike outside shareholder meeting

    CNBC's Jane Wells reports the latest details from Verizon's annual meeting where shareholders voted no on union-backed items.