Local police have detained around 100 workers and union leaders of a Samsung Electronics plant in Tamil Nadu, escalating a week-long strike over wages, news agency Reuters has reported.
"We estimate the strike will pare sales by more than 2008's nearly $100 million per day since current volumes are higher," TD Cowen analyst Cai von Rumohr said. Boeing's finances are already under ...
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than 30,000 workers, analysts said on Monday. The Seattle-area Boeing workers ...
That would increase borrowing costs for Boeing, which already has a $60-billion debt pile. "We estimate the strike will pare sales by more than 2008's nearly $100 million per day since current volumes ...
Boeing could lose over $100 million in daily revenue until it reaches ... and other jets in factories on the US West Coast went on strike after rejecting their first full contract in 16 years ...
The strike has disrupted production at the plant, which significantly contributes to Samsung's revenue in India. Workers demand better wages and union recognition; negotiations remain deadlocked.
NEW YORK (AP) — U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977. Workers began walking picket ...
Jimmy Carter is the first U.S. president to reach age 100, and the skies dropped a Lake Tahoe's worth of rain on the Southeast. A strike by dockworkers at 36 ports from Maine to Texas, the first ...