XM bietet keine Dienstleistungen für Personen mit Wohnsitz in den Vereinigten Staaten von Amerika an.

From Detroit Three to healthcare, US labor unions flex muscle



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>FACTBOX-From Detroit Three to healthcare, US labor unions flex muscle</title></head><body>

Adds latest developments in auto and consumer sectors

By Mrinalika Roy

Nov 17 (Reuters) -A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits, triggering strikes and protests across industries.

Nearly 444,900 workers have been involved in work stoppages and strikes through October this year, according to preliminary data from the U.S. Bureau of Labor Statistics, putting 2023 on track to becoming the busiest year for strikes since 2018.


Here are some sectors and companies that faced tough negotiations in 2023:


MEDIA

Members of the Writers Guild of America (WGA) approved a new three-year contract with major studios on Oct. 9. Film and television writers had walked off the job in May over compensation, staffing and residual payments, among other issues. They returned to work on Sept. 27 after negotiators reached a tentative agreement.


Hollywood actors reached a tentative agreement with major studios on Nov. 8 to resolve the second of two strikes that rocked the entertainment industry as writers and performers demanded higher pay in the streaming TV era.

Valued at more than $1 billion, the three-year contract includes increases in minimum salaries and a new bonus paid by streaming services, the union said.


AUTOMOTIVE

General Motors GM.N, Ford F.N and Chrysler-owner Stellantis STLAM.MI ratified deals with United Auto Workers (UAW) members in November.


The UAW said on Nov. 15 that about 3,900 of its members working at Mack Trucks ratified a new five-year contract, ending a month-long strike at the Volvo Group VOLVb.ST-owned company.


PARCEL DELIVERY

Teamsters union workers at United Parcel Service UPS.N ratified a new five-year contract in August, a deal that raises pay, eliminates a two-tier wage system for drivers, provides another paid holiday and ends forced overtime.


FedEx FDX.N pilots have been involved in a standoff with the parcel delivery firm over wages and legacy pensions. Pilots rejected a tentative deal in July and negotiations are ongoing.


AIRLINES & AEROSPACE FIRMS

Pilots at several airlines including American Airlines AAL.O, Delta Air Lines DAL.N, United Airlines Holdings UAL.O, Spirit Airlines SAVE.N and Jetblue Airways JBLU.O negotiated new job contracts this year.


Members of some unions like the Southwest Airlines Pilots Association have voted to authorize a strike if a new contract is not reached.


Spirit AeroSystems SPR.N negotiated a new contract to end a strike that led to a week-long work stoppage at its plant in Wichita, Kansas.


MANUFACTURING

U.S. steel producer Cleveland-Cliffs CLF.N has reached a tentative agreement with the United Steelworkers union on a new three-year labor agreement for its Northshore mining operations.


U.S. Steel X.N, which is reviewing multiple proposals ranging from partial acquisition to an entire buyout, is embroiled in a tussle with the United Steelworkers union. The company's unionized workers say they essentially have the power to veto any transaction they do not approve of.


CONSUMER & RETAIL

In Las Vegas, thousands of workers reached agreements with casino operators and resorts Caesars Entertainment CZR.O, MGM Resorts MGM.N and Wynn Resorts WYNN.O in November to avoid strikes that could have crippled tourism in the city.


The Detroit Casino Council reached a tentative agreement for a new contract covering 3,700 workers at MGM Grand Detroit operated by MGM Resorts MGM.N, Hollywood Casino at Greektown operated by Penn PENN.O and MotorCity Casino on Nov. 17.

The Detroit Casino Council had called the first strike in its history last month after negotiations that had begun in the summer did not yield a new contract.


More than 3,000 workers at more than 150 Starbucks SBUX.O stores in the U.S. held strikes in June, following claims the company had banned Pride Month decorations at some of its cafes. nL4N38F1SO

Workers at hundreds of Starbucks stores walked off their jobs during a key promotional event on Nov. 16, demanding improved staffing and schedules.


Thousands of Los Angeles-area hotel staffers went on a three-day strike in July over improved wages, benefits and working conditions. Union leaders representing the workers have threatened further walkouts.


HEALTHCARE

Kaiser Permanente's healthcare workers voted to ratify a new contract with the hospital chain on Nov. 9, ending a months-long negotiation that resulted in the largest recorded strike in the U.S. medical sector.

More than 7,000 nurses went on a three-day strike in New York City over staffing levels and pay hikes in January.


Workers at CVS Health CVS.N and Walgreens Boots Alliance WBA.O announced a three-day walkout from Oct. 30, dubbed "Pharmageddon", to improve working conditions and add more staff.


CANNABIS

Unions representing cannabis workers have also increased pressure on companies in the sector this year.


Workers at Green Thumb Industries' GTII.CD Chicago-area RISE dispensaries went on a 13-day unfair labor practices (ULP) strike in April, which was the longest ULP strike at a cannabis retailer in U.S. history.


Labor unions secured new contract agreements at multistate operator-owned cannabis dispensaries in Illinois and in New Jersey in July.


ENERGY

Unionized workers at Phillips 66's PSX.N refinery in Roxana, Illinois, ratified a contract with the refiner in late-stage negotiations, averting a potential strike.


The union had been in talks with the refiner since summer, when it rejected a company proposal and sought additional benefits for holiday and vacation hours and pay, among other improvements.


Work Stoppages in U.S. https://tmsnrt.rs/48n57So


Reporting by Mrinalika Roy in Bengaluru, additional reporting by Seher Dareen and Sourasis Bose; Editing by Sriraj Kalluvila, Eileen Soreng, Pooja Desai and Shounak Dasgupta

</body></html>

Rechtlicher Hinweis: Die Unternehmen der XM Group bieten Dienstleistungen ausschließlich zur Ausführung an sowie Zugang zu unserer Online-Handelsplattform. Durch diese können Personen die verfügbaren Inhalte auf oder über die Internetseite betrachten und/oder nutzen. Eine Änderung oder Erweiterung dieser Regelung ist nicht vorgesehen und findet nicht statt. Der Zugang wird stets geregelt durch folgende Vorschriften: (i) Allgemeine Geschäftsbedingungen; (ii) Risikowarnungen und (iii) Vollständiger rechtlicher Hinweis. Die bereitgestellten Inhalte sind somit lediglich als allgemeine Informationen zu verstehen. Bitte beachten Sie, dass die Inhalte auf unserer Online-Handelsplattform keine Aufforderung und kein Angebot zum Abschluss von Transaktionen auf den Finanzmärkten darstellen. Der Handel auf Finanzmärkten birgt ein hohes Risiko für Ihr eingesetztes Kapital.

Sämtliche Materialien, die auf unserer Online-Handelsplattform veröffentlicht sind, dienen ausschließlich dem Zweck der Weiterbildung und Information. Die Materialien beinhalten keine Beratung und Empfehlung im Hinblick auf Finanzen, Anlagesteuer oder Handel und sollten nicht als eine dahingehende Beratung und Empfehlung aufgefasst werden. Zudem enthalten die Materialien keine Aufzeichnungen unserer Handelspreise sowie kein Angebot und keine Aufforderung für jegliche Transaktionen mit Finanzinstrumenten oder unverlangte Werbemaßnahmen für Sie zum Thema Finanzen. Die Materialien sollten auch nicht dahingehend aufgefasst werden.

Alle Inhalte von Dritten und die von XM bereitgestellten Inhalte sowie die auf dieser Internetseite zur Verfügung gestellten Meinungen, Nachrichten, Forschungsergebnisse, Analysen, Kurse, sonstigen Informationen oder Links zu Seiten von Dritten werden ohne Gewähr bereitgestellt. Sie sind als allgemeine Kommentare zum Marktgeschehen zu verstehen und stellen keine Anlageberatung dar. Soweit ein Inhalt als Anlageforschung aufgefasst wird, müssen Sie beachten und akzeptieren, dass der Inhalt nicht in Übereinstimmung mit gesetzlichen Bestimmungen zur Förderung der Unabhängigkeit der Anlageforschung erstellt wurde. Somit ist der Inhalt als Werbemitteilung unter Beachtung der geltenden Gesetze und Vorschriften anzusehen. Bitte stellen Sie sicher, dass Sie unseren Hinweis auf die nicht unabhängige Anlageforschung und die Risikowarnung im Hinblick auf die vorstehenden Informationen gelesen und zur Kenntnis genommen haben, die Sie hier finden.

Risikowarnung: Es bestehen Risiken für Ihr eingesetztes Kapital. Gehebelte Produkte sind nicht für alle Anleger geeignet. Bitte beachten Sie unseren Risikohinweis.