labor

Tesla is fighting an order from the U.S. National Labor Relations Board (NLRB) that would force a change in messaging over union issues at the company. What Happened: Tesla Inc (NASDAQ: TSLA) has appealed a decision made last month by the NLRB, which ordered CEO Elon Musk to delete...

Amazon.com, Inc (NASDAQ: AMZN) has issued an apology to Wisconsin congressman Mark Pocan over the issue of workers peeing into bottles. What Happened: Amazon apologized for a tweet it posted on March 24 in response Pocan, who said the company makes "workers urinate in water bottles." The...

Workers at six of Amazon's facilities across Germany are planning to go on strike from Sunday.  What Happened: Amazon.com, Inc (NASDAQ: AMZN) labor union Verdi said that its workers at six Amazon sites in Germany would go on strike for four days beginning Sunday evening. Verdi is...

Amazon warehouse workers in Alabama are voting on whether to unionize, and the standoff has led to a Twitter feud between Amazon.com, Inc. (NASDAQ: AMZN) and two Democratic senators. Amazon on Friday shot back at U.S. senators Bernie Sanders and Elizabeth Warren for their...

Google workers along with their peers at other Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) units have formed a union that is open to both permanent employees and contractors, Bloomberg reported. What Happened: The Google employee union was created Monday and is a rare event by Silicon Valley...

Apple Inc (NASDAQ: AAPL) has officially put a supplier in India, Wistron Corp., on probation.  What Happened: The tech giant said in a statement on Saturday that it would not continue working with the factory unless it addresses issues raised by a government inspection, Reuters has...

In a write-up in Fortune magazine, Dara Khosrowshahi, CEO of Uber Inc. (NYSE: UBER) and Rajiv J. Shah, president of the Rockefeller Foundation, make a case for a broader safety-net for the American worker. The Economy Has Fundamentally Changed Both Khosrowshahi and Shah claim that...

Investors are reacting positively to Boris Johnson securing his position as prime minister of the U.K. with the Conservative and Unionist Party winning the general election with a thumping majority. The Conservative and Unionist Party won 364 seats which is their largest majority since 1987 and...

General Motors Company (NYSE: GM) is suing rival Fiat Chrysler Automobiles NV (NYSE: FCAU), alleging Fiat executives bribed union officials to gain an advantage over GM in how its contracts were structured. The alleged corruption has also been the focus of a federal criminal probe into Fiat...

Shares of Wendys Co (NASDAQ: WEN) lost more than 12% Tuesday after the company announced a nationwide expansion of its breakfast menu and lowered its guidance. Here is a summary of what some of the Street's top analysts are saying. Stephens: The Launch Wendy's will launch nationwide...

The S&P 500 bull market set a new record for the longest in history this week, reaching 3,453 days in duration. Since the bull market began, the S&P 500 has gained 323.3 percent and the economy has dramatically improved. Unfortunately, some key metrics for everyday Americans haven’t...

The Department of Labor released data that indicated 10,000 more people filed for unemployment for the first time last week than the week ending January 9, bringing the total number of initial claims to 293,000 from 283,000 the previous week. Analysts consider initial claim figures of under 300,...

Labor costs accounts for 20–30 percent of total manufacturing costs for several footwear and apparel manufacturers. Annual wage hikes of 10-15 percent have pushed manufacturers out of China and into other cheaper labor countries like Vietnam. Macquarie Capital analysts noted that labor costs...

A recent article in the Financial Times with the ominous headline, "Hope for faster global growth dashed," reported on the anemic international recovery from the Great Recession. While bearish for many sectors, the Financial Times piece is actually bullish for the staffing industry. Concerned...