NEWSWORTHY
Denver strike ends with teachers getting raises of up to 11%
Denver school administrators and the city's striking teachers reached a tentative deal Thursday to end a three-day educator walkout with a contract agreement that gives teachers raises of 7 to 11 percent, built-in cost-of-living increases and more opportunities for future salary hikes. The key sticking ...
Japan's auto labor unions submit requests, kicking off annual spring wage talks
Annual spring wage negotiations got into full swing Wednesday as labor unions from Japan's major automakers submitted their requests to management amid an uncertain global economic outlook. This year, Toyota Motor Corp.'s union, seen as the industry's trendsetter, did not present a specific target for ...
Denver teachers go on strike after failing to reach deal for more pay over incentive-based bonuses
Denver teachers went on strike Monday after failing to reach a deal with administrators on pay. The school district said schools will remain open during the strike and will be staffed by administrators and substitute teachers. However, the district has canceled classes for 5,000 preschool ...
Japan's opposition parties lay into ministry officials for extensive role in wage scandal probe
Lawmakers question the neutrality of the government’s special “independent” probe into the wage data scandal after learning that bureaucrats, not outside experts, interviewed 25 of the 37 officials involved.
White House's Kevin Hassett says wage growth will exceed 4% this year
President Donald Trump's chief economist predicted wage growth in the U.S. will accelerate past 4 percent this year amid a strong labor market, more capital investment and rising productivity. "What we're seeing is basically a really strong economy with solid wage growth that I think ...
Cabinet to keep Diet bills to a minimum with apparent eye on July Upper House election
Facing a critical Upper House election this summer, Prime Minister Shinzo Abe appears to be laying the groundwork for a controversy-free five-month Diet session, which starts Monday.
Several hundred U.S. federal employees who have not been paid in weeks due to the partial government shutdown protested the impasse on Wednesday in Washington. They peacefully occupied a U.S. congressional office building for several hours, responding to the call of several unions and organizations ...
Striking teachers reach deal with Los Angeles school district
A week-old strike by more than 30,000 Los Angeles teachers that has disrupted classes for nearly half a million students neared an end on Tuesday as the teachers' union and the second-largest U.S. school district reached a contract deal. "I'm proud to announce, pending approval, ...
Maduro offers few fresh ideas as Venezuela's economy circles the drain amid seven-digit inflation
Venezuelan President Nicolas Maduro kicked off his new term with a state-of-the-nation speech on Monday but offered little in the way of fresh proposals to help the increasingly isolated country escape hyperinflationary collapse or a further downward spiral in 2019. The former bus driver began ...
Federation of Japan auto labor unions won't seek unified base pay hike
A group of Japanese automobile workers' unions decided Thursday that each union should set a specific monthly payment target for the annual labor-management wage talks this spring, instead of seeking a unified base pay rise as it has done in recent years. The decision by ...
Abe urges wage increase for Japan's workforce in effort to spur consumption before tax hike
Prime Minister Shinzo Abe on Wednesday asked business leaders to raise wages to spur consumption and mitigate the impact of next October's planned sales tax hike, the sixth consecutive year he has requested such an increase. "I would like to request a wage hike that ...
Renault and Nissan execs sought other ways to pay Carlos Ghosn, documents show
Executives from both carmakers in the Renault-Nissan alliance looked at least twice at legal ways to pay Chairman Carlos Ghosn undisclosed income through the partners' shared finances, documents seen by Reuters show. The two efforts discussed in these documents were ultimately abandoned. However, the documents ...
