The Revival of the US Auto Industry? Not so Fast
Ford Motor Company is planning to announce earnings tomorrow. The big three; General Motors, Chrysler and Ford have seen a major comeback since being on the verge of default in late 2008 and early...
View ArticleChris Christie Says `Disgusted by Union Leader’
New Jersey Governor Chris Christie speaks about the leadership of the state’s largest teachers’ union, “Life’s not always fair,” Vincent Giordano, executive director of the 196,000-member New Jersey...
View ArticleAFL-CIO Comments on Warren Buffett’s Succession Plan
Weekend with Warren : Brandon Rees of the AFL-CIO on Warren Buffett’s succession disclosure proposal. Watch the latest video at video.foxbusiness.com 'Get ValueWalk's Daily Edition By Email and Never...
View ArticleGermany – Major Negotiations Underway with Unions
The German trarif negotiations are underway with unions. According to Frankfurter Allgemeine Zeitung: The German unions: IG Metall (metal workers) demands 6½ % higher wages, IG BCE (chemical workers)...
View ArticleGermany’s Conservative Government and Trade Unions
Our discussion of the apparently contradictory relationship between a conservative government and the major trade unions in Germany might benefit from a clarification. We need to strip our...
View ArticleKeynesianism is Wrong: A View from Post War Germany
Ludwig Erhard: ”Wohlstand für alle” is a book with a lot of lessons for everyone. You can download it in German from the following link: What is the idea of reviewing a 50 year old book by a German...
View ArticleHostess Brands’ CEO Issues Stern Warning to Striking Employees
Hostess Brands CEO Gregory Rayburn spoke with FOX Business Network (FBN) about closing three plants down today and what that means for the future of the company. When asked about the future of Hostess...
View ArticleWal-Mart Readies For Employee Strike Ahead of Black Friday
As Wal-Mart Stores, Inc. (NYSE:WMT) workers plan to strike on Black Friday, the company is fighting back. On Thursday, Wal-Mart Stores, Inc. (NYSE:WMT) began their fight by filing a complaint with a...
View ArticleWorker Protests Rock Hong Kong, Are Labor Movements Gaining Power?
Crippling labor strikes have long been an element of Western society, with the United States, the U.K. and other countries regularly suffering strikes. Now, workers in booming Asia are beginning to...
View ArticleLoeb, Tepper, Icahn, Others Make Teacher Union ‘Blacklist’
Of all the places where Dan Loeb could have raised a ruckus, he chose a teachers’ union for his latest war of words. After this sensational start, lets tone it down a little. To be fair, Loeb is not...
View ArticleBeing on AFT’s Hedge Fund “Blacklist” An Honour To Some
When we wrote about Dan Loeb’s displeasure with the American Federation of Teachers, after his name was put on a hedge fund blacklist, we were secretly hoping that one of the other hedgies would also...
View ArticleUnion ‘Moats’ Further Eroded by Technology Workers
Unions create inefficiency. This creates an opportunity for new technologies that perform the same function, but aren’t as labor-intensive. (E.g. integrated steel vs. mini-mills) Unions were a...
View ArticleWhen Dan Loeb Gets Angry He Likes to Donate to Charity
Dan Loeb pledged another $1 million to charter schools at an event last month as first reported by Michelle Celarier of NYPost. His message– people who have taken issue with his support of educational...
View ArticleCan AFL-CIO make inroads in Texas? Richard Trumka will try.
Can AFL-CIO make inroads in Texas? Richard Trumka will try. (via The Christian Science Monitor) AFL-CIO President Richard Trumka speaks at a Monitor Breakfast for reporters in Washington, D.C.,...
View ArticleMalaysia Airlines Stock At Record Lows After Jet Disappearance
Shares of the Malaysia Airlines were down to record low following the disappearance of one of its flight. Analysts expect the struggle to continue.Malaysia Airlines shares were down as much as 20% on...
View ArticleThe Revival of the US Auto Industry? Not so Fast
Ford Motor Company is planning to announce earnings tomorrow. The big three; General Motors, Chrysler and Ford have seen a major comeback since being on the verge of default in late 2008 and early...
View ArticleChris Christie Says `Disgusted by Union Leader’
New Jersey Governor Chris Christie speaks about the leadership of the state’s largest teachers’ union, “Life’s not always fair,” Vincent Giordano, executive director of the 196,000-member New Jersey...
View ArticleAFL-CIO Comments on Warren Buffett’s Succession Plan
Weekend with Warren : Brandon Rees of the AFL-CIO on Warren Buffett’s succession disclosure proposal. Watch the latest video at video.foxbusiness.com The post AFL-CIO Comments on Warren Buffett’s...
View ArticleIcahn’s Latest Battle in Ohio Leads To Union Uproar
Taking away healthcare benefits for workers and forcing them onto the government subsidized "Obamacare" is legal violation, say criticsWhat’s Carl Icahn’s latest fight? Another spat with Bill Ackman...
View ArticleOlder Union Workers Hurting Younger Union Workers In Scranton
UNION CANNIBALIZE THEIR YOUNG It is truly unfortunate when an organization created to protect the interest of certain people becomes the very source of harm that it was designed to ward off. Unions...
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