The state of unions in America today is not heartening to the labor movement. In 1983, the first year for which data is available, some 20.1% of the American workforce, representing about 17.7 million, belonged to unions. Last year, there were only about 14 million union workers, accounting for 10.3% […]

The National Labour Relations Board’s region director in Buffalo has asked a federal court to re-instate seven local Starbucks workers who were fired, allegedly due to their union activities. Linda M Leslie, the NLRB’s Buffalo regional director said in a statement, “We are asking the court to swiftly grant the […]

The WGA’s historic reshaping of the talent agency business will take full effect at the end of business today, after which agency packaging fees will no longer be permitted under the guild’s franchise agreement. “The agency campaign was founded on the simple truth that agents are our fiduciaries,” said WGA […]

President Joe Biden said that he would support altering the rules of the filibuster as a way to codify abortion and privacy rights into law. “I believe we have to codify Roe Vs. Wade into law, and the way to do that is to make sure that Congress votes to […]

Pfizer Inc. (PFE) announced Thursday the submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for approval of PAXLOVID (nirmatrelvir [PF-07321332] tablets and ritonavir tablets) for both vaccinated and unvaccinated patients who are at high risk for progression to severe illness from COVID-19. PAXLOVID […]

In a boost to the electric vehicle boom in India, Taiwanese major Hon Hai Technology Group (aka Foxconn) is likely to set up an EV manufacturing unit in India through its subsidiary Foxtron. Amid speculation that the company may look at Tamil Nadu and probably the Ford India unit near […]

The Securities and Exchange Board of India’s (Sebi’s) board on Wednesday allowed foreign portfolio investors (FPIs) to trade in exchange-traded commodity derivatives. The move, it said, “will enhance liquidity and market depth, as well as promote efficient price discovery.” Overseas investors will only be allowed to deal in non-agricultural commodity […]

Ricky Martin’s former talent manager has issued a stark warning to the Grammy winner and Emmy nominee: pay up or reap the whirlwind. Specifically, in “excess of USD $3,000,000, or according to proof, and unpaid commissions are accruing on an ongoing basis,” reads a complaint filed Wednesday in Los Angeles […]

Flash Purchasing Managers’ survey results from eurozone and the UK are due on Thursday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for May. The budget deficit is expected to narrow to GBP 13.2 […]

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