WASHINGTON — President Biden on Friday signed legislation to force a labor agreement between railroads and workers who had been locked in a bitter dispute, averting a strike that could have upended the economy just before the holidays. “Without rail freight, many American industries would literally shut down,” Biden said before signing the bill, adding …
Biden signs legislation to avoid national rail strike Read More »
“The 360” shows you diverse perspectives on the major stories and debates of the day. What is happening Congress moved quickly this week to pass legislation that will prevent a nationwide strike by railroad workers, just days after President Biden warned that a work stoppage would “devastate our economy.” The threat of a railway strike, …
Rail strike averted: Did Biden betray his pro-union credentials? Read More »
WASHINGTON (AP) — The U.S. House of Representatives moved urgently to end the looming nationwide railroad strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement concluded in September but rejected by some of the 12 unions concerned. The measure passed by a vote of 290 to 137 and …
House votes to avoid rail strike and force union deal Read More »
WASHINGTON — The House overwhelmingly passed legislation Wednesday afternoon that would help avert a freight railroad strike that the White House says could cripple the U.S. economy — 30 years after Congress last intervened. in an impending rail closure. Lawmakers also passed a related measure that would grant an additional seven days of paid sick …
House must act to avert freight train strike to save economy Read More »
President Biden met with congressional leaders on Tuesday and said he was “confident” that a railroad strike can be averted. Congress is being pressed to pass legislation ending the threat of a nationwide railroad strike. Hurry up. A walkout could occur as early as next week, with damaging supply chain disruptions expected to begin within …
WASHINGTON — Democratic and Republican congressional leaders pledged on Tuesday to pass legislation averting a nationwide railroad strike, saying they agree with President Biden that a holiday work stoppage winter weather would disrupt navigation and deal a devastating blow to the national economy. House Speaker Nancy Pelosi and Senator Chuck Schumer of New York, the …
Congress leaders say they will act to prevent railroad strike Read More »
National Retail Federation CEO Matthew Shay discusses record Black Friday online sales and Cyber Monday expectations on “Varney & Co.” The National Retail Federation (NRF) reported on Tuesday that the holiday shopping season got off to a good start with a record 196.7 million Americans shopping in-store and online over the Thanksgiving weekend. Despite the …
Retail group says rail strike could derail holiday shopping and overall economy Read More »
New York CNN Business — So once again the nation and its economy are facing the risk of a massive freight railway strike, this one as early as December 9th. But the one thing you don’t have to worry about is whether it will affect your holiday shopping. plans. (This will not be the case.) …
By Ju-min Park and Heekyong Yang SEOUL (Reuters) – South Korean President Yoon Suk-yeol has warned that the government may intervene to break up a national truckers’ strike, describing it as an illegal and unacceptable move to hold the national supply chain “hostage” for an economic crisis. Thousands of unionized truckers launched their second major …
South Korean president warns of crackdown as truckers’ strike enters second day Read More »
