The automaker Stellantis has offered to buy out 6,400 of its white-collar workers in the United States, citing the transition to electric vehicles and a still dodgy car market.
U.S. Vice President Kamala Harris and Treasury Secretary Janet Yellen held a rare joint press call on Monday to tout the benefits of union membership, releasing a new Treasury report that shows wages for union members are 15% higher than non-union workers. THE TAKE: The White House has been pushing to support unions and expanded union membership as part of U.S. President Joe Biden's plan to overhaul the U.S. economy, fight inequality and reallocate more corporate profits to the middle class.