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United Continental pilots ratify new contract

United Continental

Pilots at United Continental Holdings, the world's biggest airline, have ratified a contract with the U.S. carrier that will provide enhanced pay and retirement plan contributions, their union said on Saturday.

 

Michigan passes anti-union measures amid protests

Right-to-Work Bill

Michigan lawmakers gave final approval Tuesday to legislation that would sharply limit labor rights, passing the measures over the objections of thousands of people packing the Capitol in protest.

 

Twinkie CEO Admits Company Took Employees Pensions and Put It Toward Executive Pay

... According to a report by the Wall Street Journal , Hostess’ CEO, Gregory Rayburn, essentially admitted that his company stole employee pension money and put it toward CEO and senior executive pay (aka “operations”). While this isn't technically illegal, it's another sleazy theft by Hostess executives - who've paid themselves handsomely while running their company into the ground. Just last month, a judge agreed to let Hostess executives suck another $1.8 million out of the bankrupt company to pay bonuses to CEOs.

 

Obama criticizes Michigan right-to-work bills

Barack Obama

President Barack Obama says right-to-work legislation in Michigan is more about politics than economics. He is criticizing a measure that would prevent requiring non-union employees to financially support unions at their workplace.

 

Bankrupt Hostess Wants To Reward Executives With $1.8 Million In Bonuses

Twinkies

Only days after being unable to work things out with a striking union, and forcing us all to devour faux Twinkies for our creamy, spongy sugar fix, the folks at Hostess Brands Inc. are asking for a bankruptcy court to approve up to $1.8 million in bonus payments to top executives.

 

NHL Team Values 2012: Toronto Maple Leafs Are First Hockey Team Worth $1 Billion

Toronto Maple Leafs

On the ice, the National Hockey League has never been more competitive than over the course of its last collective bargaining agreement, which began with the 2005-06 season. A different team has won the Stanley Cup each season, ranging from big-market clubs like Los Angeles and Chicago to small ones such as Pittsburgh and Raleigh. A total of 12 different teams reached the finals during the seven-year CBA.

 

Marvin Miller, who led baseball union's drive for free agency, dies

Marvin Miller headed the union effort that allowed players to choose new teams when their contracts ended, ushering in an era of multimillion-dollar free-agent deals. Miller, who ran the Major League Baseball Players Assn. from 1966 to 1983, was 95.

 

Labor Protesters Target Wal-Mart

Protesters targeted Wal-Mart stores on Black Friday as part of a campaign waged by a union-backed group against the company's treatment of workers.

 

Hostess Blames Union For Bankruptcy After Tripling CEO’s Pay

Today, Hostess Brands inc. — the company famed for its sickly sweet dessert snacks like Twinkies and Sno Balls — announced they’d be shuttering after more than eighty years of production. But while headlines have been quick to blame unions for the downfall of the company there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its CEO’s pay, and increased other executives’ compensation by as much as 80 percent.

 

Wal-Mart files U.S. labor charge against union

Wal-Mart Stores Inc is taking its first legal step to stop months of protests and rallies outside Walmart stores, targeting the union that it says is behind such actions.

 

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