Members of the Writers Guild of America (WGA) began walking picket lines yesterday after failing to agree a new deal with production companies. This strike marks an end to 15 years of labor peace in Hollywood, bringing dozens of television and film projects to an immediate and indefinite halt. According to representatives of the approximately 11,500 striking writers, the rise of streaming has upended the industry and led to declining conditions for creative workers. For example, in the past network Continue reading

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July 21, 2020

Yesterday, tens of thousands of workers across the U.S. walked off their jobs in support of the “Strike for Black Lives.” According to organizers, the strike was held to bring greater attention to issues like income inequality and systemic racism in both the private and public sectors. The nationwide event included members from labor unions and political groups such as the Service Employees International Union, International Brotherhood of Teamsters, American Federation of Teachers, and dozens of other organizations. 

The Continue reading

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December 3, 2019

Analysts at Adobe estimate that consumers spent more than $29 billion online last week between Thanksgiving and Cyber Monday. Although brick-and-mortar sales rose slightly as well, e-commerce sales surged to record highs as consumers increasingly turned to online retailers for their holiday shopping needs. In fact, experts predict that companies like Amazon earned as much as $9.4 billion on Cyber Monday alone. 

But while Amazon enjoyed another successful start to the festive season in the U.S., the e-commerce giant Continue reading

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October 29, 2019

In mid-September, nearly 50,000 General Motors employees represented by the United Auto Workers union went on strike after failing to reach an agreement with the company. Staffers walked picket lines for more than a month as they fought for improved wages, benefits, and job security. Then last week the standoff finally ended as the union struck a deal with management that partially gave in to some of the workers’ demands.

For instance, employees are now guaranteed a 3 percent pay Continue reading

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September 17, 2019

On Monday around 48,000 General Motors employees walked off their jobs and onto picket lines after the United Auto Workers failed to reach a new agreement with the company. Along with improved pay and health benefits, the striking workers also want to keep plants open to ensure job security. “Our members have been very clear about what they will and will not accept from this contract,” said UAW Vice President Terry Dittes. “We are standing up for fair wages, we Continue reading

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Today, Uber will start to trade shares on the New York Stock Exchange in one of the mostly highly anticipated IPOs ever. Although the ride-hailing service had been pushing for a $100 billion valuation, it began the day trading at $45 per share, amounting to a valuation of about $82.4 billion. This enormous windfall will create instant fortunes for those who invested early in Uber. For the company’s millions of drivers, however, it’s unlikely they will benefit that much from Continue reading

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April 18, 2019

The grocery chain Stop & Shop began in 1892 as a small store in Boston’s North End neighborhood. Since then the company has expanded to more than 450 locations throughout the Northeastern United States. Last Thursday, however, operations at many of those stores were thrown off course as more than 31,000 Stop & Shop employees went on strike. After negotiations over a new contract reached a stalemate, members of five local United Food and Commercial Workers (UFCW) unions walked out Continue reading

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November 2, 2018

Yesterday, we took a look at the thousands of Marriott employees who are currently striking against the hotel chain for improved wages and better working conditions. Shortly after we published that post, though, another major labor action began to take place at one of the world’s largest companies. Starting early Thursday morning, thousands of Google employees in offices across the globe walked off their jobs to protest the search giant’s handling of sexual assault claims.

A week before the walk Continue reading

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November 1, 2018

With about 6,700 hotels operating under 30 brands in more than a hundred countries, Marriott International is by far the world’s largest hotel chain. Last year the company earned profits totaling $1.37 billion as guests from around the globe checked in and out of properties like Sheraton, Ritz-Carlton, and Westin. Over the last few weeks, however, 23 hotels owned by Marriott have not been operating as usual. That’s because since October 8th the employees at these locations have been on Continue reading

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July 17, 2018

Amazon’s Prime Day has a bit of a misleading name: the e-commerce site’s annual offering of deals actually lasts 36 hours, starting yesterday afternoon and going until midnight tonight. One matter that isn’t up for debate, however, is the promotion’s ability to bring in a lot of money. Analysts expect that this year’s Prime Day will generate about $3.4 billion in sales for Amazon, which would beat 2017’s total by more than $1 billion. But despite this upcoming windfall, so Continue reading

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