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LABOR UNION DEMANDS
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...- Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
- Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
- Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonusesSamsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea'...
- Samsung, labour union meet again as Seoul threatens to intervene to block strikeSamsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike...
- With largest US commuter rail system shut down, federal labor officials urge unions to resume talksFederal officials urged unions representing workers at the Long Island Rail Road to resume negotiations after a strike entered its second d...
- America’s largest commuter rail system shut down on Saturday. How will Long Island Rail Road strike impact 250,000 riders?Rail strike in U.S: If the shutdown continues into the work week, the roughly 250,000 people who ride the system to and from work each week...
- South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
- New York rail strike leaves 2,50,000 commuters scrambling for alternativesLong Island Rail Road workers are on strike. This has halted New York's busiest commuter rail system. About half of the system's 7,000 work...
- At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
- Samsung Electronics, labour union fail to reach pay deal as strike loomsSamsung Electronics and its South Korean labor union have not reached a pay agreement. This impasse follows marathon talks. A lengthy strik...
- Samsung Electronics union threatens to walk out of pay talks if no mediation proposalSamsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating pro...
- Samsung, labour union make last push to avert strike before May 21Samsung Electronics and its labour union are in crucial talks this week. A planned strike on May 21 threatens operations at the world's lar...
- In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
- What is May Day: Why millions of workers are hitting the streets today — The truth you should knowMay Day protests: This year’s protests are being driven by a combination of economic pressure and geopolitical tensions, particularly the o...
- Samsung focuses on HBM as AI demand drives record quarterly profitSamsung Electronics, on Thursday, announced its strategy to prioritize high-value memory products, specifically high-bandwidth memory (HBM)...
- Quote of the Day by Mikhail Gorbachev: A society should never become like a pond with stagnant...—Inspiring quotes by one of the most influential political figures who sought to usher in an era of opennessQuote of the Day: Mikhail Gorbachev, the former Soviet leader, warned that societies must keep moving forward. He believed stagnation was t...
- Samsung workers rally in South Korea, demanding higher pay and threatening to strikeThousands of Samsung Electronics workers rallied Thursday at its computer chip complex in Pyeongtaek, South Korea, demanding higher bonuses...
- Samsung asks court to block illegal strike activities by unionsSamsung Electronics has asked a court to block planned union strike activities, which unions have decried as a "declaration of war." Worker...
- US stocks: United-American mega deal could raise fares and face antitrust roadblockA potential deal between United Airlines and American Airlines would create an industry behemoth and invite extraordinary scrutiny from reg...
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