November 27, 2024

AP: Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know

BY WYATTE GRANTHAM-PHILIPSUpdated 11:06 AM PDT, August 1, 2023ShareNEW YORK (AP) — Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based […]

NPR: UPS union calls off strike threat after securing pay raises for workers

The Teamsters union said it has secured pay raises for United Parcel Service workers, averting what would have been one of the largest strikes in U.S. history. “UPS has put $30 billion in new money on the table as a direct result of these negotiations,” Teamsters general president Sean O’Brien said in a statement. “This […]

UPS, Teamsters negotiations to resume next week

We are pleased to be back at the negotiating table next week to resolve the few remaining open issues. We are prepared to increase our industry-leading pay and benefits, but need to work quickly to finalize a fair deal that provides certainty for our customers, our employees and businesses across the country. https://about.ups.com/us/en/newsroom/press-releases/people-led/ups–teamsters-negotiations-to-resume-next-week.html

$28.8M in Funds Awarded to Phoenix Affordable Housing Projects

The Oregon Housing Stability Council approved $103.5 million in Local Innovation Fast Track (LIFT) funding to go to 10 affordable housing developments across the state. Oregon Housing and Community Services (OHCS) will provide 646 additional homes with these developments for individuals and households living on low incomes. Half of the funded projects will be built […]

Hollywood CEOs and Industry Insiders Seek Federal Mediation to Help Avert SAG-AFTRA Strike

Top Hollywood players are working on a plan to call in federal mediators to help avert a SAG-AFTRA strike, with just a day to go before the contract deadline. A group of CEOs and senior executives, including Disney chief Bob Iger, Warner Bros. Discovery’s David Zaslav and Netflix’s Ted Sarandos, gathered by conference call Monday evening to […]