Contracts Labor Unions

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  • UPDATE 1-UAW leaders ratify new GM labor agreement Friday, 20 Nov 2015 | 6:48 PM ET

    DETROIT, Nov 20- Leaders of the United Auto Workers union ratified a four-year labor agreement with General Motors Co on Friday, two weeks after most rank-and-file GM workers voted in favor of the new contract. Ratification, announced by the union, was delayed two weeks because skilled trades workers, who are fewer than general production workers at GM's U.S. auto...

  • DETROIT, Nov 20- Hourly labor costs will rise to an average of $60 per auto worker by 2019 if proposed contracts at General Motors Co and Ford Motor Co are ratified by rank-and-file members of the United Auto Workers union, a study released on Friday said. Ford's current labor costs average $57 per hour and GM's average $55 per hour, according to the study by labor...

  • Labor costs has corporate America talking Friday, 20 Nov 2015 | 11:00 AM ET
    Labor costs has corporate America talking

    With political pressure to rise labor wages in the US, many companies face concerns of earnings declining.

  • FRANKFURT/ SPRING HILL, Tenn., Nov 19- Germany's largest trade union and the U.S. United Auto Workers said on Thursday they would deepen their partnership and set up an office in Tennessee to boost labor rights at German automakers and their suppliers based in the United States. Frankfurt- based union IG Metall estimates that 100,000 employees work for German auto...

  • UAW pact in jeopardy, but Ford's US head hopeful Thursday, 19 Nov 2015 | 7:38 AM ET
    Ford's 'Escape' gets a facelift

    Joe Hinrichs, president of the Americas at Ford, weighs in on the UAW labor contract voting. He also talks about new features of the automaker's top-selling models.

  • RIO DE JANEIRO, Nov 17- The Brazilian oilworkers union local responsible for the bulk of the country's oil and gas output told its members on Tuesday to leave all Petroleo Brasileiro SA vessels in the Campos Basin, Brazil's most productive oil district. The Campos Basin is responsible for 64 percent of Brazil's oil output and 34 percent of natural gas output, the...

  • RIO DE JANEIRO, Nov 13- Leaders of Brazil's largest oil workers' union said on Friday they had proposed ending a 13- day strike, the most disruptive in 20 years, at state-run oil firm Petroleo Brasileiro SA, or Petrobras. The committee will have 60 days to draft a report to senior management, the board of directors and Brazil's federal government, the company's...

  • WASHINGTON, Nov 12- Two U.S. consumer groups announced the formation of a coalition with New York labor unions on Thursday to press antitrust regulators to oppose big insurance mergers that would cut the number of nationwide for-profit health insurers from five to three. The Coalition to Preserve Patient Choice, made up of the Consumer Federation of America,...

  • Apple beats class-action lawsuit over bag searches Sunday, 8 Nov 2015 | 12:40 AM ET
    The Apple Store in Grand Central Station in New York City.

    Apple defeated a class action lawsuit from its retail workers over bag search practices at California brick-and-mortar outlets, a court ruling said.

  • DETROIT, Nov 6- Ford Motor Co has pledged to spend $9 billion over four years in new investment in the United States if a tentative contract with the United Auto Workers union is ratified by UAW Ford workers, people familiar with the deal said on Friday. That would consist of an $8,500 ratification bonus and a pull-ahead amount of $1,500 in a 2016 profit-sharing...

  • WASHINGTON, Nov 5- Malaysia will have to fully implement measures to combat human trafficking and Vietnam must allow independent labor unions before reaping the benefits of a new Pacific trade deal, details of the pact released on Thursday showed. In Malaysia, required reforms will make it clear that it is illegal for employers to hold workers' passports, ensure...

  • RIO DE JANEIRO, Oct 30- Brazil's largest oil workers union said on Friday it will start an open-ended strike against Petrobras on Sunday in a bid to overturn moves to shrink the state-run oil company. In a statement, FUP said the decision to strike had been made after more than 100 days of negotiations with Petroleo Brasileiro SA, as the company is formally known.

  • DETROIT, Oct 28- General Motors Co has promised the United Auto Workers union it will invest an additional $1.9 billion in its U.S. factories to secure 3,300 union jobs, and pay higher wages and bonuses under a proposed four-year contract. GM will also pay bonuses of up to $8,000 to nearly 53,000 UAW workers once they ratify the agreement, according to details of the...

  • DETROIT, Oct 28- General Motors Co has promised the United Auto Workers union it will invest an additional $1.9 billion in its U.S. factories to secure 3,300 union jobs, and pay higher wages and bonuses under a proposed four-year contract. GM will also pay bonuses of up to $8,000 to nearly 53,000 UAW workers once they ratify the agreement, according to details of the...

  • Oct 28- General Motors Co's tentative agreement with the United Auto Workers union offers hourly employees a signing bonus of as much as $8,000 and better profit-sharing than Fiat Chrysler Automobiles NV, Bloomberg reported. The union's new contract with Fiat Chrysler signed last week offers workers hired after 2007 a ratification bonus of $3,000, and those...

  • UAW reaches agreement with GM Monday, 26 Oct 2015 | 6:00 AM ET
    UAW reaches agreement with GM

    The United Auto Workers union reaches a contract agreement with General Motors.

  • UAW, General Motors avoid a strike...for now Monday, 26 Oct 2015 | 1:24 AM ET
    Supporters wave signs during an address at the Time Warner Cable Arena in Charlotte, North Carolina, on September 5, 2012 on the second day of the Democratic National Convention (DNC).

    United Auto Workers union and General Motors reach tentative agreement on a new four-year contract 16 minutes short of deadline.

  • DETROIT, Oct 24- The United Auto Workers union set a Sunday night deadline for General Motors Co to agree to a new four-year contract, setting up a possible strike of GM's U.S. operations. The UAW and Fiat Chrysler Automobiles NV have a new contract that goes into effect on Monday, while Ford Motor Co has yet to enter intensified talks with the union.

  • DETROIT, Oct 24- The United Auto Workers union set a Sunday night deadline for General Motors Co to agree to a new four-year contract, setting up a possible strike of GM's U.S. operations. The UAW and Fiat Chrysler Automobiles NV have a new contract that goes into effect on Monday, while Ford Motor Co has yet to enter intensified talks with the union.

  • DETROIT, Oct 24- The United Auto Workers union set a Sunday night deadline for General Motors Co to agree to a new four-year contract, setting up a possible strike of GM's U.S. operations. GM and the union have been in talks since July and have for the last several days intensified negotiations to reach a deal. The UAW and Fiat Chrysler Automobiles NV have a new...