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Business

UAW WINS HISTORIC UNION ELECTION AT VOLKSWAGEN

Employees at Volkswagen’s SUV assembly plant in Chattanooga, Tennessee, have voted to join the United Auto Workers in a historic labor victory, the union and Volkswagen announced late Friday. A preliminary tally released by the company showed workers favored union representation by a count of 2,628 to 985, a nearly 3-1 margin. The landslide win gives the union a crucial toehold in the anti-union South. The...

THINK $5.50 IS TOO MUCH FOR A COFFEE? IT’S ACTUALLY NOT EXPENSIVE ENOUGH

Even in a stubborn cost-of-living crisis, it seems there’s one luxury most Australians won’t sacrifice – their daily cup of coffee. Coffee sales have largely remained stable, even as financial pressures have bitten over the past few years. Newsletters: Breaking news as it happens. Subscribe now So too have prices. Though many of us became upset when prices began to creep up last year, they’ve since largely settled in the...

GOLD COAST-FOUNDED BLACK HOPS BREWERY GOES INTO VOLUNTARY ADMINISTRATION

Award-winning Queensland brewer Black Hops (BH) has vowed to keep its taprooms open despite going into voluntary administration. The Gold Coast-founded small business has not revealed why it was forced to relinquish control to accountancy firm Deloitte on Monday, other than to say it had “no alternative”. “Today, the BH board has made the tough decision to place the business into voluntary administration,” read a message...

NET NEUTRALITY RETURNS TO A VERY DIFFERENT INTERNET

The Federal Communications Commission has voted—once again—to assert its power to oversee and regulate the activities of the broadband industry in the United States. In a 3-2 vote, the agency reinstated net neutrality rules that had been abandoned during the height of the Trump administration’s deregulatory blitz. “Broadband is now an essential service,” FCC chair Jessica Rosenworcel said Thursday in prepared remarks. “Essential services—the ones...

IMMIGRANT WORKERS ARE HELPING BOOST THE U.S. LABOR MARKET

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth. Immigrant workers made up 18.6% of the workforce last year, a new record, according to Bureau of Labor...

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