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Waffle House Under Fire For Mandatory Meal Deductions From Workers’ Paychecks
A union that’s organizing Waffle House workers filed a petition with the Labor Department on Monday, asking federal officials to investigate the iconic chain’s policy of deducting mandatory meal costs from workers’ paychecks.Waffle House…
Boeing CEO To Step Down At End Of The Year
Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup after a series of mishaps at one of America’s iconic manufacturers.Stan Deal, president and CEO of Boeing’s…
SpaceX Made Workers Sign Illegal Severance Agreements, Labor Officials Allege
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Rates Remain Unchanged; Three Cuts Still Targeted
As expected, the Federal Reserve made no changes to the federal funds rate on Wednesday afternoon, keeping the range where it has been since last July: between 5.25% and 5.5%. The markets trended modestly higher on the news, hopeful that…
The U.S. May Have Just Scored A Win Against China In The Battle Over A Key Mineral
China controls 98% of the world’s production of gallium, a soft, silvery metal used to make semiconductors, LED screens, and solar panels — and a key ingredient in next-generation weapons. Last July, after the United States restricted sales…
Fisker Stock: Is There Any Value Left?
If a stock plummets far enough, some value hunters may feel that it has nowhere else to go but up. Yet, as long as Fisker (NYSE:FSR) stock is above zero, there’s still room to fall further. Granted, there have been times when a stock lost…
Starbucks To Bargain With Delegates From Its 400 Unionized Stores
Starbucks has agreed to sit down with workers from its 400 unionized stores in late April and start hammering out principles for a labor accord, another sign the coffee chain and the union may be on the cusp of a new, productive…
Interest Rates, AI Woodstock to Dominate Markets This Week
As this earnings season winds down, investors will be laser-focused this week on two major events: NVIDIA’s long-awaited GPU Tech Conference and the Federal Reserve’s Open Market Committee (FOMC) meeting. Both events have the potential to…
Volkswagen Chattanooga Workers Request Union Election With UAW
Volkswagen workers in Chattanooga, Tennessee, have filed a petition seeking to hold a union election at their assembly plant, bringing the United Auto Workers to the cusp of a historic breakthrough in the U.S. South. The UAW announced…
A Growing Union Campaign Has Put REI’s Progressive Image On Trial
REI workers from stores around the country showed up uninvited at their corporate office in Issaquah, Washington, last Friday. The signs they were carrying made it clear to the white-collar employees looking down from the windows above that…