LaborUnionNews.com's News Digest for Wednesday, August 16, 2023
Top Stories: NLRB's mandates bargaining schedules; Hollywood inching toward a settlement? Some Yellow debt has been acquired; Inflation an obstacle to retirement; Beverly Hills sues strikers & more..
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TOP STORIES…
[66 total articles]
Getting Them to the Table: Labor Board Imposing Mandatory Bargaining Schedules
It appears the agency’s focus on its remedial powers will continue, as we’ve seen the NLRB impose another novel remedy several times in recent months: requiring companies found to have bargained in bad faith to negotiate at prescribed times with their unions and then submit progress reports to the agency. Read more…
SAG-AFTRA on where things stand, movement in WGA strike
SAG-AFTRA held an online briefing on where things stand, and there may be more movement in the Writer's strike. Read more…
Citadel acquires Yellow debt owned by Apollo, other lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management Inc. and other senior lenders to the bankrupt trucking firm, according to a person familiar with the matter. Read more…
SHRM: Workers Say Inflation Is Bigger Retirement Obstacle This Year than Last
Inflation and market volatility are continuing to rock employees' retirement confidence and impact their ability to comfortably save for their post-work years—but employees are still funneling money into their employer-sponsored accounts, new research finds. Read more…
Beverly Hills sues striking hotel workers over noise complaints
The city of Beverly Hills Tuesday sued a union representing striking hotel workers, alleging their early-morning protests outside two hotels being picketed in the ongoing labor dispute have drawn noise complaints from nearby residents. Read more…