December 9, 2008: Con-way Inc., the second-largest U.S. trucking company, slashed its 2008 earnings forecast to as much as 20 percent less than analysts’ average estimate and cut 1,450 jobs as freight volumes fell.
Click here to read more at Bloomberg.The Teamsters joined the United Autoworkers (UAW) and five other international unions representing members at the largest U.S. defense contracts in a letter calling on Congress to ban defense contractors from funneling money to Wall Street investors through stock buybacks and dividends instead of investing in jobs and infrastructure.
Amazon drivers at the company’s DBK1 facility in New York City marched on the boss to demand union recognition and better pay, healthcare, and job security.
