Won higher pay for their members. Why in 1979 would fraser agree to take less . Employers and labor unions, like buyers and sellers, try to make the best deal for themselves. Labor and management how do they come to terms . With economic analyst richard gill, well examine that question on this edition of economics usa. Im david schoumacher. Fewer than 1 3 of American Workers are covered by union contract. But organized labors strength at the economys pressure points the big smokestack industries, the arteries of transportation and communication make them a force to be reckoned with. For more than 75 years, labor unions have been a fact of American Economic l how did they get power . We are childn of immignts. The largest number came here around the turn of the century. Millions, most of them jewish or italian, unskilled and uneducated, settled in new york citys crowded tenements. What kind of work did america offer . Fannie susskind remembers. We came with the needle in our hand. Ive w
2. 4 billion dollars tax dodge by senator carl levin. The equipment maker disputes the allegation. A cook county judge throws out a lawsuit by a Chicago Law Firm in connection with the Malaysia Airlines flight 370. The judge called the filing improper. And the fbi is now investigating possible criminal wrongdoing in High Frequency trading following a 60 minutes report. A new trading month and a new quarter get underway at the sound of the bell. Joining us now is matt shapiropresident of mws capital. Good morning matt. Good morning angie. What do you think about the new month in trading ahead . Yesterday we had a rally out of nowhere at the end of the quarter which is unusual. A lot of times there is profit taking in the last couple days so im really optimistic. This week were going to have a lot of Economic News followed by the big jobs report on friday so well have to see what happens over the next few days. You say the Market Action was unusual. What do you mean by that . Weve never
Did the union kill the Herald Tribune . For 40 years, united auto worker president s walter reuther, leonard woodcock, and Douglas Fraser won higher pay for their members. Why in 1979 would fraser agree to take less . Employers and labor unions, like buyers and sellers, try to make the best deal for themselves. Labor and management how do they come to terms . With economic analyst richard gill, well examine that question on this edition of economics usa. Im david schoumacher. Fewer than 1 3 of American Workers are covered by union contract. But organized labors strength at the economys pressure points the big smokestack industries, the arteries of transportation and communication make them a force to be reckoned with. For more than 75 years, labor unions have been a fact of American Economic le. How d they get power . We are childn of immignts. The largest number came here around the turn of the century. Millions, most of them jewish or italian, unskilled and uneducated, settled in new
Throughout many of the southern states, there are reports that some people have been stuck in their cars since yesterday afternoon. The region not used to, nor prepared for, the kind of snow and ice they got. Students throughout the region stuck at school. They slept on the floor last night in some districts. Why wasnt School Canceled in the first place . A lot of officials down there are going to have some explaining to do. Sue . They sure will. A very frightening situation not only for those kids but im sure for their parents as well. Here down on the floor of the new york stock exchange, they are watching for the fed. The fed decision is one hour away. This is the last meeting for ben bernanke as fed chief. As we count you down to the bulk of this market, its not really in a great mood. As its worst point today, the dow was down 174 points. We have recovered quite a bit of that. We are down about 140 right now. The spike started at about 10 00 a. M. Or so. The biotech index once aga
Open ahead of the fed even after turkeys surprise Interest Rate hike did help to stem some concerns related to emerging markets. Boeing, jetblue, dow chemical and at t beat expectations well break them down. But yahoo shares under pressure this morning after reporting a drop in revenue for a fourth consecutive quarter due to a decline in display ad prices. A day after the dow snapped a fivesession losing streak futures are lower, investors turning their attention toward Ben Bernankes final policy meeting, the central bank expected to further pare back stimulus, but turkey, jim, at least for the open will be the story. And for a while there the turkish lira was up 3 and it looked like they impressed the market. 22 years ago we went through the cycle but thats too long for most people. They tried to stem the capital decline, i saw it last night, they forgot what happened to their country when they tried to do this. And what happened initially you thought things would stabilize and they d