Port strike could have ‘devastating consequences’ for consumers: Expert

Port strike could have ‘devastating consequences’ for consumers: Expert

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida.  Giorgio Viera | Afp | Getty Images A dockworker strike at seaports along the U.S. East and Gulf coasts is expected to cause massive problems for global supply chains and the economy. American consumers will likely … Read more

Blockbuster weight-loss drug supply hit in trade shutdown

Blockbuster weight-loss drug supply hit in trade shutdown

An Eli Lilly & Co. Zepbound injection pen, March 28, 2024. Bloomberg | Bloomberg | Getty Images As a port strike stretching from New England to Texas halted nearly half of all trade coming into the U.S., customs data shows that critical medical devices and drug components for the booming, expensive weight-loss and diabetes drugs … Read more

East Coast ports strike, ILA union work stop strands billions in trade

East Coast ports strike, ILA union work stop strands billions in trade

 Shipping containers sit stacked in the Port of Newark on September 30, 2024 seen from New York City. A massive strike shutting down ports across the East and Gulf coasts began at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls … Read more

California Bans Anti-Union ‘Captive Audience’ Meetings

California Bans Anti-Union ‘Captive Audience’ Meetings

California Gov. Gavin Newsom (D) signed a bill into law Friday barring employers from holding mandatory anti-union meetings in the workplace. The legislation makes California the latest and largest state to outlaw what are known as “captive audience” meetings. At least eight other states, all Democratic-leaning, have passed similar bans with the support of labor … Read more

Truckers, rails scrambling to move billions in cargo

Truckers, rails scrambling to move billions in cargo

Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on Saturday, Sept. 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin after … Read more

Why more men are dropping out of the workforce

Why more men are dropping out of the workforce

Men have been steadily dropping out of the workforce, especially men ages 25 to 54, who are considered to be in their prime working years. According to the U.S. Bureau of Labor Statistics, the unemployment rate for prime-age working men was 3.4% in August 2024. This number primarily includes those who are unemployed and looking … Read more

Machinists prepare for lengthy stoppage

Machinists prepare for lengthy stoppage

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, U.S., September 13, 2024.  Matt Mills Mcknight | Reuters RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A … Read more

Largest port on East Coast begins preparations for a strike

Largest port on East Coast begins preparations for a strike

Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoreman’s Association, the largest union in North America. The ILA represents over 85,000 longshoremen and a strike would shut down five of the 10 busiest ports in North America, and a total of 36 … Read more

Neither Trump nor Harris secures union backing

Neither Trump nor Harris secures union backing

The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. The union’s general executive board said in a statement that its member polling showed no majority support … Read more

Video game performers reach agreement with 80 video games on AI terms

Video game performers reach agreement with 80 video games on AI terms

LOS ANGELES — After striking for over a month, video game performers have reached agreements with 80 games that have signed interim or tiered budget agreements with the performers’ union and accepted the artificial intelligence provisions they have been seeking. Members of the Screen Actors Guild-American Federation of Television and Radio Artists began striking in … Read more