April 13, 2007: New York Times: If there is a single, logical justification for the wild executive compensation packages that have become standard at large American companies, it is performance. In too many cases, pay has little or nothing to do with results, and some of the most jaw-dropping packages are for executives who have been told to hand over the reins.
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.
