Tesla CEO Elon Musk Says UAW Demands Could Bankrupt Ford, GM
President Biden supported the UAW's demands for a 40% pay increase as he joined the picket line in Michigan.
Source: marketwatch.com
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Credit Agricole Acquires French Fintech Startup Worklife
By Pierre Bertrand Credit Agricole has acquired the French fintech startup, Worklife, which specializes in the digitalization of employee benefits,...
Source: marketwatch.com
Paychex's stock rallies after profit beats expectations, full-year outlook nudged higher
Paychex's stock rose Wednesday after the human-resources services company reported quarterly profit that rose above expectations.
Paychex Inc Article Normal Payroll Services Accounting Consulting Business Consumer Services Financial Performance
Source: marketwatch.com
How a Four-Day Workweek Actually Works, From the Companies Pulling It Off
Fewer meetings, busier days and other ways to fit a week’s work into 32 hours
Source: wsj.com
Biden Backs UAW Workers on Picket Line. Why the Fed Won't Like It.
Congress scrambles to prevent government shutdown, JPMorgan’s Jamie Dimon warns of 7% interest rates, and other news to start your day.
Source: marketwatch.com
Biden Goes on Strike. Can He Support Both Low Inflation and Strong Unions?
There’s a tension between support for stronger unions that can drive wages higher and the desire for slower inflation.
Source: marketwatch.com
Why America Has a Long-Term Labor Crisis in Six Charts
While the hot pandemic-era job market is cooling, it is set to remain tight for years
Source: wsj.com
This Automotive Union Has Settled. Here Is What It Got From Ford.
Ford Motor and Unifor, a union representing Canadian hourly employees, reach a new, three-year labor deal.
Source: marketwatch.com
UAW Pushes for Automakers to Cut Reliance on Temp Workers
Detroit car companies fight to preserve temporary ranks, seeing them as a critical fallback
Source: wsj.com
UAW's Demand for 32-Hour Workweek Takes Back Seat in Talks
Proposal captivated workers’ attention, but negotiations have focused on issues such as pay
Source: wsj.com