Streetbeat News

Labor Issues

AMZN

Amazon's Teamsters have extended their strike to a warehouse in Riverside, California. The strike comes as Amazon is busy with its Prime Day promotion, potentially disrupting the company's operations.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:42 pm

F

Ford Motor is contemplating reducing a work shift at the plant where it manufactures its electric F-150 Lightning pickup due to declining demand, as per a United Auto Workers official's memo. Sales of the electric truck have dropped in recent months after a strong start.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:25 pm

GM

Unifor, the union representing General Motors (GM) workers, has unanimously voted in favor of a tentative agreement with GM. The agreement was reached between the union and GM, potentially ending labor disputes.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:22 pm

EWC

GM

Unifor General Motors Local Production and Skilled Trades Leadership have unanimously endorsed a tentative agreement. The endorsement is fully supported by production and skilled trades representatives from Locals 222, 199, 636.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:21 pm

WBA

Pharmacy staff from Walgreens and other chains are considering a nationwide walkout and rallies in the coming weeks, according to Reuters citing CNBC.

Portfolio Pulse from Charles Gross

October 13, 2023 | 7:02 pm

STLA

Stellantis has announced temporary layoffs for an additional 700 employees from its Kokomo (Indiana) Transmission & Kokomo (Indiana) Casting Plants, effective Oct. 13. This brings the total number of employees on temporary layoff across three states to 1,340.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 6:08 pm

F

GM

STLA

UAW President Fain has announced that the union is aiming for a deal soon and will be striking plants with little notice. This could potentially affect companies like Ford (F), General Motors (GM), and Stellantis (STLA).

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:56 pm

F

The UAW President has responded to Ford's statement that the automaker is at its limit by stating that the union's workers are also at their limit. The UAW President has told the Ford CEO to 'get the big checkbook'.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:45 pm

GM

STLA

UAW President Fain has stated that the union is still in strong bargaining positions with both General Motors (GM) and Stellantis (STLA).

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:43 pm

F

GM

STLA

UAW President Fain predicts an increase in strikes in the near future. This could potentially affect companies like Ford (F), General Motors (GM), and Stellantis (STLA).

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:36 pm