labor strike

Defense and aerospace stocks, as tracked by the iShares US Aerospace & Defense ETF (BATS:ITA) have returned a remarkable 22% year-to-date in 2024; an aerospace expert weighed in on whether companies can keep up with sky-high valuations fueled by tensions in the Middle East. The Aerospace...

Boeing Co (NYSE:BA) has faced some turbulent years with several safety issues, public criticism and substantial leadership overhauls. Here’s the latest update on ongoing safety concerns and the effects of an ongoing labor strike. Regulatory and Safety: In an alert issued Monday, the U.S....

Retailers and politicians reacted to the International Longshoremen's Association (ILA) and U.S. Maritime Alliance’s (USMX) tentative deal to end the ongoing port strike. What Happened: East Coast dockworkers went on strike Tuesday following their contract lapse with port employers. The...

The labor contract between the International Longshoremen's Association and U.S. Maritime Alliance expired overnight on Tuesday. The ILA — whose members comprise dockworkers on the East Coast — is now officially on strike. Supply chain disruptions stemming from a prolonged strike may affect...

Thousands of drivers affiliated with ride-sharing giants Uber Technologies Inc (NYSE:UBER), Lyft Inc (NASDAQ:LYFT), and food delivery app DoorDash (NASDAQ:DASH) are reportedly set to go on strike on Valentine’s Day for fair pay. What Happened: The drivers, classified as independent...

Volvo Group-owned (OTC:VLVLY) heavy-duty truck maker Mack Trucks and nearly 4,000 workers represented by the United Auto Workers (UAW) union reached an agreement on Sunday as they neared midnight. What Happened: The union informed via its social media handles that the workers at Mack Truck in...

The potential strike by the United Auto Workers (UAW) union, which represents hourly workers at Detroit's big three automakers, could spell good news for Tesla Inc. (NASDAQ: TSLA), suggests one analyst. What Happened: The labor union has been engaged in summer-long negotiations with...

Starbucks Corporation (NASDAQ: SBUX) employees from over 100 stores went on strike on Thursday to protest what they believe is illegal retaliation against their union organizing, reported Reuters. The workers said they are underpaid and don't have consistent schedules. The employees are also...

It may be just a one-day thing, it may just be coincidence, it might not have happened if not for COVID-19. But the tensions inherent in the gig economy are coming to the forefront on March 30. Two labor actions in New York –  one against Instacart, the other against Amazon.com, Inc. (NASDAQ: AMZN...

Verizon Communications Inc. (NYSE: VZ) revealed its efforts to reach an agreement with the labor unions, CWA and IBEW, failed to happen. The company also said the unions were not ready to seek the Federal Mediation and Conciliation Service assistance. Instead, the unions have called for a strike...