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Contracts Labor Unions


  • Union Debate Could Put Wal-Mart Rally on Strike Tuesday, 10 Mar 2009 | 12:41 PM ET

    Citi analyst Deborah Weinswig downgrades Wal-Mart shares to hold from buy, citing fears that proposed legislation intended to make it easier for employees to unionize will boost Wal-Mart's labor costs and hurt its ability to compete.

  • UAW_logo_new.jpg

    This afternoon, the UAW members at Ford overwhelmingly voted in favor of changing their contract with the auto maker.

  • Recession on Track to Be Longest in Postwar Period Monday, 9 Mar 2009 | 12:24 PM ET
    Woman filing for unemployment

    Factory jobs disappeared. Inflation soared. Unemployment climbed to alarming levels. The hungry lined up at soup kitchens. It wasn't the Great Depression. It was the 1981-82 recession, widely considered America's worst since the depression.

  • Quiet Layoffs Sting Workers Without Notice Friday, 6 Mar 2009 | 8:07 AM ET

    With the economy weakening, chief executives want Wall Street to see them as tough cost-cutters who are not afraid to lay off workers. But plenty of job cuts are not trumpeted in news releases, the New York Times reported.

  • Hearst Threatens to End San Francisco Paper Wednesday, 25 Feb 2009 | 11:01 AM ET

    Hearst Corporation said Tuesday that it would close or sell The San Francisco Chronicle unless it could wring concessions from its unions, raising the prospect of San Francisco becoming the largest city in the country to lose its dominant newspaper, the New York Times reports.

  • UAW Deal Key For Ford & Big 3 Monday, 23 Feb 2009 | 11:50 AM ET

    With the UAW and Ford announcing they have agreed on a plan to re-work funding of union's Voluntary Employee Beneficiary Association, it is an important step not only for Ford, but GM and Chrysler as well.

  • Does the US Make Anything Anymore? Tuesday, 17 Feb 2009 | 5:23 AM ET
    American Flag

    It may seem like the country that used to make everything is on the brink of making nothing.

  • One Month Down, Two To Go For GM And Chrysler Monday, 2 Feb 2009 | 9:36 AM ET
    General Motors

    For GM and Chrysler, this is when the good stuff will start happening. After a month of seeing relatively little from GM and Chrysler about how they plan to restructure their operations, we could be on the verge of a couple busy months.

  • obama-briefs.jpg

    First, this headline: Kimberly-Clark says people are not only trading down in this economy, they're actually buying less toilet paper. Let me think this one through...

  • What Would You Do If You Were Obama? Thursday, 22 Jan 2009 | 12:46 PM ET
    President Barack Obama

    Now that he's taken the oath of office a second time, watched the Jesse White Tumblers in the inaugural parade, and danced at several balls celebrating his inauguration, President Obama faces some tough choices with the auto industry. What should he do? What would you do if you were sitting in the oval office?

  • Reality TV Suit Finally Settles Thursday, 22 Jan 2009 | 9:15 AM ET
    The Bachelor

    Reality TV's biggest off-air conflict just resolved with a lot more civility than anything you'll see on reality TV. Two class action suits demanding more than $4 million in overtime violations just settled.

  • The Good, Bad, And Ugly In Chrysler/Fiat Deal Tuesday, 20 Jan 2009 | 9:34 AM ET
    Deal, Handshake

    Like a Clint Eastwood spaghetti western, the alliance between Chrysler and Fiat is an intriguing piece of work that leaves you scratching your head.

  • Bowyer: Satyam and Outsized Outsourcing Exaggerations Thursday, 8 Jan 2009 | 12:40 PM ET
    Jerry Bowyer

    Remember the wall to wall coverage given to the dangers of outsourcing in the run up to the 2004 presidential election? It was the shark attack story of that summer. Some of us argued that the threat was exaggerated. It turns out that the supply side of outsourcing was as over estimated as the demand side.

  • Hollwyood Actors: Losing Their Steam To Strike? Wednesday, 17 Dec 2008 | 10:36 AM ET
    Screen Actors Guild

    With the Screen Actors Guild leadership pushing for its members to vote to authorize a strike, Hollywood has been buzzing about how bad another work stoppage would be for the industry at this already precarious economic time.

  • UAW Concessions: Just How Much Will They Give Up? Friday, 5 Dec 2008 | 11:31 AM ET
    Ron Gettlefinger

    The announcement by UAW President Ron Gettlefinger that his union may make material changes to its contract to help the Big 3 is a big deal.

  • capitol_building_6.jpg

    The announcement by UAW President Ron Gettlefinger that his union may make material changes to its contract to help the Big 3 is a big deal.

  • On the Road to DC, Chrysler Exec Rallies Dealers Wednesday, 3 Dec 2008 | 4:19 PM ET

    Chrysler Vice Chairman Jim Press reiterated the need for government aid to help support the auto industry as he travels to hearings in Washington, D.C.

  • An Alternative to Bailout Nation Wednesday, 3 Dec 2008 | 1:39 PM ET

    At his news conference this morning, where he introduced New Mexico Gov. Bill Richardson as Commerce-secretary designate, President-elect Obama refused to play his hand on the Detroit/GM bailout story. That tells me he’s aware that the country is getting fed up with the thought of bailout nation.

  • Volvo Sale Would Signal Big Changes For Big 3 Monday, 1 Dec 2008 | 3:54 PM ET

    Call this the start of the Big 3 becoming the smaller 3. Starting tomorrow and playing out over the course of the next week Detroit's auto makers will be telling Congress how they plan to get back in the black.

  • GM’s Pension Fund Stays Afloat, Against the Odds Tuesday, 25 Nov 2008 | 11:28 AM ET

    Despite its overall troubles, General Motors appears to have enough money in its pension fund to last a decade or more, the New York Times reports.