Labor economy
Starbucks resumes bargaining with union after two sides thaw relationship
Starbucks and the union that represents its baristas will resume contract negotiations on Wednesday, ending an extended stalemate. The two sides’ return to the bargaining table follows their February announcement that they found a “constructive path forward” during mediation discussions related to litigation over the union’s use of Starbucks’ branding. It marked a major pivot for […]
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FTC votes to ban noncompete clauses that bar staff from functioning for competitors
Federal Trade Fee Chair Lina Khan testifies before a Household Judiciary Committee hearing on Oversight of the Federal Trade Commission, on Capitol Hill in Washington, D.C., July 13, 2023. Kevin Wurm | Reuters The Federal Trade Fee on Tuesday voted 3-2 for a nationwide ban in opposition to noncompete agreements, which businesses use to prevent […]
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What investors should know about the UAW’s organizing drive of VW
Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT – The United Auto Workers notched a big win this weekend. Volkswagen workers in Chattanooga, Tennessee, overwhelmingly voted in favor of joining the UAW – marking the Detroit […]
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VW workers in Tennessee vote to join UAW in historic win for Detroit union
Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024. Kevin Wurm | The Washington Post | Getty Images Volkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an automaker outside of Detroit’s […]
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Google personnel arrested immediately after 9-hour protest in Google Cloud CEO’s office environment
9 Google personnel have been arrested on trespassing costs Tuesday night immediately after staging a sit-in at the company’s places of work in New York and Sunnyvale, California, which include a protest in Google Cloud CEO Thomas Kurian’s workplace. The arrests, which were being livestreamed on Twitch by individuals, comply with rallies exterior Google places […]
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Google restructures finance crew as part of AI change, CFO tells personnel in memo
Alphabet Chief Economic Officer Ruth Porat. Adam Galica | CNBC Alphabet Main Money Officer Ruth Porat mentioned in a memo Wednesday that Google is restructuring its finance group, a move that will involve layoffs and relocations, as the enterprise pushes resources to favor investments in synthetic intelligence. “The tech sector is in the midst of […]
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Republican governors from six states condemn UAW campaigns, citing potential for layoffs
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — Republican governors of six states on Tuesday condemned the United Auto Workers’ push to organize automotive factories in the South, warning the union’s efforts could lead to layoffs […]
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Volkswagen union vote in Tennessee to test UAW’s power after victories in Detroit
A Volkswagen automobile assembly plant is seen on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT — Volkswagen workers in Chattanooga, Tennessee, will vote this week on whether to organize with the United Auto Workers in a key test of the union’s sway. A victory would give the UAW its first […]
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How the U.S. federal government is regulating synthetic intelligence
The U.S. government is considering guidelines to aid culture adapt to the introduction of synthetic intelligence. Early buyers of the technologies are previously viewing labor productivity gains. For case in point, Klarna, a acquire now, shell out later on monetary products and services company, estimates that its AI assistant resource will increase its income final […]
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Alibaba shares jump soon after founder Jack Ma re-emerges with praise of Chinese giant’s ‘transformations’
Jack Ma, founder of Alibaba, reappeared in the general public look at in China for the initial time in months. Alibaba then introduced a huge reorganization of its organization. Authorities see the shift as a sign that the Chinese governing administration is softening its stance toward tech giants soon after a crackdown that began in […]
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