LaborUnionNews.com's News Digest for Wednesday, October 11, 2023
Top Stories: What tanked Mack trucks deal? EVs are UAW's sticking point;
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TOP STORIES…
[61 total articles today; Over 25,000 articles posted since January 2022]
How Socialist agitating helped tank Mack-UAW deal
How did the biggest contract offer Mack Trucks ever tendered its United Auto Workers-represented employees get trashed and result in a strike? Two catalysts may be responsible. Read more…
Battery plants: 'The make-or-break issue' in the U.S. autoworkers strike
On the picket lines at a Ford factory west of Detroit, many striking workers don't think the electric vehicle revolution is coming for their jobs — at least not in the near future.
But just in case, they're backing United Auto Workers President Shawn Fain's quest to unionize EV battery factories at Ford and Jeep maker Stellantis, matching a breakthrough concession made by General Motors last week. Read more…
AFL-CIO Releases Annual Executive Pay Watch
In 2022, CEOs of S&P 500 companies received, on average, $16.7 million in total compensation. This was the second-highest level of CEO pay in history for S&P 500 Index companies. Read more…