The director of the Pension Benefit Guaranty Corporation (PBGC) is to leave his post in August after four years in the role.
In a letter to colleagues on Friday, Josh Gotbaum said, as he had three children in college, he had promised his wife he would return to the private sector, the Wall Street Journal (WSJ) reported.
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UPS hauled in $22.8 billion in revenue in the first quarter and made $930 million in profits. Big Brown projects to make $91.2 billion in revenue for the year and $8.7 billion in profit – all this according to their newly released second quarter earnings report.
UPS CEO Carole Tomé’s Better, Not Bigger strategy is about cutting volume and Teamster jobs. South Carolina Local 509 has fought back and won new driver positions. Shop Stewards John Gacsey and Russell Sires share how the fight played out in their building in Palmetto.
