United Auto Workers summons local union leaders to Detroit as GM strike enters fifth week

DETROIT – The United Auto Workers has summoned local union leaders to Detroit on Thursday for an update on its negotiations with General Motors. The union has traditionally done this when a tentative agreement has been reached or, as was the case a month ago, to discuss and vote on other actions such as a strike. GM spokesman David Barnas confirmed talks are “ongoing,” but declined to comment on details of the discussions. If a tentative agreement is not reached by the meeting at 10:30 a.m. Thur


DETROIT – The United Auto Workers has summoned local union leaders to Detroit on Thursday for an update on its negotiations with General Motors. The union has traditionally done this when a tentative agreement has been reached or, as was the case a month ago, to discuss and vote on other actions such as a strike. GM spokesman David Barnas confirmed talks are “ongoing,” but declined to comment on details of the discussions. If a tentative agreement is not reached by the meeting at 10:30 a.m. Thur
United Auto Workers summons local union leaders to Detroit as GM strike enters fifth week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: michael wayland
Keywords: news, cnbc, companies, tentative, fifth, united, week, update, strike, leaders, summons, discussions, agreement, local, union, talks, spokesman, negotiations, workers


United Auto Workers summons local union leaders to Detroit as GM strike enters fifth week

DETROIT – The United Auto Workers has summoned local union leaders to Detroit on Thursday for an update on its negotiations with General Motors.

The union has traditionally done this when a tentative agreement has been reached or, as was the case a month ago, to discuss and vote on other actions such as a strike.

A letter to local union leaders Monday night said the agenda for the meeting included a “contract update and any other agenda items to be determined,” leaving the door open for talks to continue to potentially reach a tentative agreement ahead of the meeting.

UAW spokesman Brian Rothenberg declined to comment on the letter. GM spokesman David Barnas confirmed talks are “ongoing,” but declined to comment on details of the discussions. Negotiations between the two sides ended Monday evening and are expected to resume Tuesday morning.

If a tentative agreement is not reached by the meeting at 10:30 a.m. Thursday, the union could update local leaders about the discussions in an attempt to determine what to do next.

“My guess is if there is no tentative agreement by Thursday, they will review the status of bargaining with the council and then try to obtain a consensus with respect to next steps,” said Colin Lightbody, a labor consultant and longtime negotiator for Fiat Chrysler.

Options for the union moving forward could include:

remaining on strike and continuing negotiations with GM;

discussing and voting on terms for remaining outstanding issues;

moving discussions to another automaker if negotiations have stalled, among others.

The summons of local UAW presidents and chairpersons comes following the two sides countering back and forth with proposals. The union on Friday said it had countered an offer from GM.


Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: michael wayland
Keywords: news, cnbc, companies, tentative, fifth, united, week, update, strike, leaders, summons, discussions, agreement, local, union, talks, spokesman, negotiations, workers


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

China says it bought 700,000 tonnes each of pork, sorghum from the US in 2019

General Joseph Dunford (L), chairman of the US Joint Chiefs of Staff, and Chief of the General Staff of the Chinese People’s Liberation Army General Fang Fenghui shake hands after signing an agreement at the Bayi Building in Beijing on August 15, 2017. Chinese firms have already purchased 700,000 tonnes of pork and 700,000 tonnes of sorghum from the United States this year to meet market demand, said a foreign ministry spokesman on Tuesday. China, the world’s top agriculture market, has also bou


General Joseph Dunford (L), chairman of the US Joint Chiefs of Staff, and Chief of the General Staff of the Chinese People’s Liberation Army General Fang Fenghui shake hands after signing an agreement at the Bayi Building in Beijing on August 15, 2017. Chinese firms have already purchased 700,000 tonnes of pork and 700,000 tonnes of sorghum from the United States this year to meet market demand, said a foreign ministry spokesman on Tuesday. China, the world’s top agriculture market, has also bou
China says it bought 700,000 tonnes each of pork, sorghum from the US in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-15
Keywords: news, cnbc, companies, goods, spokesman, market, general, trade, sorghum, 700000, pork, staff, states, 2019, united, bought, china, tonnes


China says it bought 700,000 tonnes each of pork, sorghum from the US in 2019

General Joseph Dunford (L), chairman of the US Joint Chiefs of Staff, and Chief of the General Staff of the Chinese People’s Liberation Army General Fang Fenghui shake hands after signing an agreement at the Bayi Building in Beijing on August 15, 2017.

Chinese firms have already purchased 700,000 tonnes of pork and 700,000 tonnes of sorghum from the United States this year to meet market demand, said a foreign ministry spokesman on Tuesday.

China, the world’s top agriculture market, has also bought 320,000 tonnes of cotton, 230,000 tonnes of wheat and 20 million tonnes of soybeans from the U.S., spokesman Geng Shuang said at a daily press briefing.

The comments came amid heightened attention on China’s purchases of U.S. farm goods, one of President Donald Trump’s key demands to resolve a months-long trade war between the two nations.

Trump said on Friday that China had agreed to purchase $40 to $50 billion worth of agricultural goods from the U.S. in a first phase of an agreement to end the trade war.

China has already brought in 500,000 tonnes of sorghum in the first eight months of the year, almost all from the United States, according to customs data.


Company: cnbc, Activity: cnbc, Date: 2019-10-15
Keywords: news, cnbc, companies, goods, spokesman, market, general, trade, sorghum, 700000, pork, staff, states, 2019, united, bought, china, tonnes


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

United passenger’s T-shirt alluding to lynching journalists stirs debate over on-board threats

A United Airlines customer has complained that the airline didn’t remove a fellow passenger who wore a T-shirt that suggested that journalists be lynched. The issue shows how flight crews are tasked with assessing offensive or threatening passenger behavior or messages. United in 2017 denied travel to two young passengers for wearing leggings because they were traveling on employee passes, which has a stricter dress code. “I relayed that the shirt was not just offensive, it was threatening the l


A United Airlines customer has complained that the airline didn’t remove a fellow passenger who wore a T-shirt that suggested that journalists be lynched. The issue shows how flight crews are tasked with assessing offensive or threatening passenger behavior or messages. United in 2017 denied travel to two young passengers for wearing leggings because they were traveling on employee passes, which has a stricter dress code. “I relayed that the shirt was not just offensive, it was threatening the l
United passenger’s T-shirt alluding to lynching journalists stirs debate over on-board threats Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: leslie josephs
Keywords: news, cnbc, companies, debate, told, travel, lynching, journalists, tshirt, onboard, stirs, passenger, flight, wearing, traveler, threats, threatening, passengers, alluding, united


United passenger's T-shirt alluding to lynching journalists stirs debate over on-board threats

A United Airlines customer has complained that the airline didn’t remove a fellow passenger who wore a T-shirt that suggested that journalists be lynched.

The passenger, who asked that his name not be used because he said he was worried about receiving threats, sent CNBC a picture of the other traveler who was wearing a T-shirt that said “Rope. Tree. Journalist. Some assembly required.” He said he told a flight attendant as he made his way to his seat and said that he considered it a death threat.

The issue shows how flight crews are tasked with assessing offensive or threatening passenger behavior or messages. Airlines have removed travelers from flights before for what they have deemed inappropriate attire. United in 2017 denied travel to two young passengers for wearing leggings because they were traveling on employee passes, which has a stricter dress code.

Under United’s contract of carriage states that “passengers who are barefoot or not properly clothed” could be denied travel. It also states that passengers who cause a disturbance that would require one of the pilots to leave the cockpit or if they interfere with crew duties could also be removed from a flight.

The sister of the complaining passenger, Jessica Sidman, a food editor at Washingtonian magazine, tweeted another image, taken on the jet bridge, which was retweeted close to 5,000 times. It elicited more than 3,000 comments, some saying the passenger was exercising free speech and others calling it a threat.

United did not respond to several requests for comment.

Sidman’s brother told CNBC via email that another United employee boarded the plane and asked if he wanted to discuss the matter and if he would like to switch to another flight.

“I relayed that the shirt was not just offensive, it was threatening the lives of other passengers,” the traveler said. He said Friday’s flight, United Flight 824 from Los Angeles to Boston, continued with both passengers on board.

Walmart said in 2017 that it would stop selling the T-shirts.


Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: leslie josephs
Keywords: news, cnbc, companies, debate, told, travel, lynching, journalists, tshirt, onboard, stirs, passenger, flight, wearing, traveler, threats, threatening, passengers, alluding, united


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

We really don’t know where the US is on Syria, Saudi prince says

ABU DHABI — The foreign policy of the United States in places like Syria has been “contradictory” for several years, according to the former chief of Saudi Arabia’s intelligence services. Speaking to CNBC’s Hadley Gamble in Abu Dhabi Saturday, Saudi Arabian Prince Turki Al-Faisal said: “The situation in Syria, we really don’t know where the United States is, for example, is it in or is it out?” Trump recently announced that U.S. forces in northeastern Syria would move aside, clearing the way for


ABU DHABI — The foreign policy of the United States in places like Syria has been “contradictory” for several years, according to the former chief of Saudi Arabia’s intelligence services. Speaking to CNBC’s Hadley Gamble in Abu Dhabi Saturday, Saudi Arabian Prince Turki Al-Faisal said: “The situation in Syria, we really don’t know where the United States is, for example, is it in or is it out?” Trump recently announced that U.S. forces in northeastern Syria would move aside, clearing the way for
We really don’t know where the US is on Syria, Saudi prince says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-12  Authors: emma graham
Keywords: news, cnbc, companies, states, dont, kurdish, united, syria, militia, group, forces, turkey, know, really, saudi, turkish, prince


We really don't know where the US is on Syria, Saudi prince says

ABU DHABI — The foreign policy of the United States in places like Syria has been “contradictory” for several years, according to the former chief of Saudi Arabia’s intelligence services.

Speaking to CNBC’s Hadley Gamble in Abu Dhabi Saturday, Saudi Arabian Prince Turki Al-Faisal said: “The situation in Syria, we really don’t know where the United States is, for example, is it in or is it out?”

Trump recently announced that U.S. forces in northeastern Syria would move aside, clearing the way for a Turkish offensive that is now in its fourth day. The Turkish operation is aimed at moving the U.S.-backed Kurdish militia, the People’s Protection Units (YPG), away from its southern border with Syria.

Ankara views the group as terrorists and stresses the YPG’s ties to a separatist Kurdish group in Turkey, the PKK, which has carried out a decades-long violent insurgency against the Turkish state. Nonetheless, Kurdish forces were a strategic partner to the U.S. and played a crucial role in defeating the so-called Islamic State.

Trump’s controversial move has received widespread criticism in the international community. The U.S. administration has also been accused of sending mixed messages by, at times, distancing itself from the Kurdish militia but also preparing sanctions on Turkey if it steps over the line.


Company: cnbc, Activity: cnbc, Date: 2019-10-12  Authors: emma graham
Keywords: news, cnbc, companies, states, dont, kurdish, united, syria, militia, group, forces, turkey, know, really, saudi, turkish, prince


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Sterling shoots higher following ‘constructive’ Brexit talks between UK and EU

Britain’s Secretary of State for Exiting the European Union Stephen Barclay (L) shakes hands with European Union chief Brexit negotiator Michel Barnier before their meeting at the European Commission headquarters in Brussels, on October 11, 2019. Last-ditch talks between the chief Brexit negotiators of the European Union and the United Kingdom have concluded with a spokesperson for the European side describing them as “constructive.” U.K. Brexit Secretary Stephen Barclay and the EU’s Chief Negot


Britain’s Secretary of State for Exiting the European Union Stephen Barclay (L) shakes hands with European Union chief Brexit negotiator Michel Barnier before their meeting at the European Commission headquarters in Brussels, on October 11, 2019. Last-ditch talks between the chief Brexit negotiators of the European Union and the United Kingdom have concluded with a spokesperson for the European side describing them as “constructive.” U.K. Brexit Secretary Stephen Barclay and the EU’s Chief Negot
Sterling shoots higher following ‘constructive’ Brexit talks between UK and EU Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: david reid
Keywords: news, cnbc, companies, united, talks, deal, northern, border, ireland, kingdom, higher, irish, sterling, constructive, following, european, shoots, brexit, union


Sterling shoots higher following 'constructive' Brexit talks between UK and EU

Britain’s Secretary of State for Exiting the European Union Stephen Barclay (L) shakes hands with European Union chief Brexit negotiator Michel Barnier before their meeting at the European Commission headquarters in Brussels, on October 11, 2019.

Last-ditch talks between the chief Brexit negotiators of the European Union and the United Kingdom have concluded with a spokesperson for the European side describing them as “constructive.”

U.K. Brexit Secretary Stephen Barclay and the EU’s Chief Negotiator for the United Kingdom Exiting the European Union, Michel Barnier, met in Brussels Friday morning.

EU spokesperson Mina Andreeva told reporters the pair were continuing to work toward a deal, and that talks had been “constructive.” “If there is a will, there is a way,” she added.

Sterling, which has enjoyed a choppy session Friday, rose more than 1.3% to $1.26 following the comments. According to Reuters data, the British pound has risen more than 3% over the last two days, marking the biggest 48-hour rally since June 2016.

In a note Friday, J.P. Morgan Brexit analyst Malcolm Barr said he now rated the chance of an orderly withdrawal deal at 50%. He added it would come with a “modified or time-limited backstop.”

The backstop is an arrangement whereby Northern Ireland remains in the customs union — a common tariff area — until a solution can be found to prevent any return of physical checks on the border.

Earlier Friday, the head of the European Council Donald Tusk said that while he had received optimistic messages that a deal could be reached, the U.K. had so far not come forward with a “workable, realistic proposal.”

Late Thursday afternoon, sterling rose sharply after U.K. Prime Minister Boris Johnson met with his Irish counterpart Leo Varadkar. Following the three-hour meeting, a joint statement was issued which claimed a “detailed and constructive” discussion which offered a “pathway to a possible deal.”

Johnson’s position could be particularly dependent on the 10 Democratic Unionist Party MPs who have insisted that Northern Ireland should be considered no different from the rest of the United Kingdom during the Brexit process.

The U.K.’s border on the mainland of Ireland is the central sticking point with the EU insisting that there can be no return to a hard border between the Republic of Ireland and Northern Ireland. The latter is a constituent nation of the United Kingdom.

Erecting a physical border between the two is problematic as it would contravene a peace treaty, known as the Good Friday Agreement. This treaty was put in place to help end a decades-long conflict that pitted Northern Irish unionist groups and the British state against different factions of the Irish Republican Army (IRA).

Europe and Dublin, in particular, have said it would not accept checks and border infrastructure on mainland Ireland.

This is a breaking news story. Please check back for more.


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: david reid
Keywords: news, cnbc, companies, united, talks, deal, northern, border, ireland, kingdom, higher, irish, sterling, constructive, following, european, shoots, brexit, union


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

United scraps Boeing 737 Max flying until January with no end in sight to grounding

United Airlines on Friday joined other U.S. carriers in scrapping Boeing 737 Max plans to return to service until January, cancelling hundreds more flights as the worldwide grounding from two fatal crashes enters its eighth month, forcing airlines to cancel hundreds of flights. United removed the Max from its schedule until Jan. 6. On Wednesday, American Airlines extended cancellations from the plane’s grounding until Jan. 16. The prolonged grounding has dented airlines’ revenue and creating a h


United Airlines on Friday joined other U.S. carriers in scrapping Boeing 737 Max plans to return to service until January, cancelling hundreds more flights as the worldwide grounding from two fatal crashes enters its eighth month, forcing airlines to cancel hundreds of flights. United removed the Max from its schedule until Jan. 6. On Wednesday, American Airlines extended cancellations from the plane’s grounding until Jan. 16. The prolonged grounding has dented airlines’ revenue and creating a h
United scraps Boeing 737 Max flying until January with no end in sight to grounding Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: leslie josephs
Keywords: news, cnbc, companies, grounding, max, boeing, system, sight, flying, end, jan, united, worldwide, 737, return, regulators, plans, airlines, planes, scraps


United scraps Boeing 737 Max flying until January with no end in sight to grounding

United Airlines on Friday joined other U.S. carriers in scrapping Boeing 737 Max plans to return to service until January, cancelling hundreds more flights as the worldwide grounding from two fatal crashes enters its eighth month, forcing airlines to cancel hundreds of flights.

United removed the Max from its schedule until Jan. 6. On Wednesday, American Airlines extended cancellations from the plane’s grounding until Jan. 16. Southwest in July said it would remove the plane from its schedules until Jan. 5.

Boeing is scrambling to finalize fixes for the planes, which have been grounded worldwide since mid-March after the second of two fatal crashes. The Chicago-based manufacturer has said it expects to gain approval in the fourth quarter but aviation officials haven’t said when they expect to allow the planes to fly again. The prolonged grounding has dented airlines’ revenue and creating a headache for planners and travelers alike.

United had expected the planes to return Dec. 19 but the new change means cancellations will continue during the busy Christmas holiday period.

The airline expects to cancel 93 flights a day in November and 75 a day in December and plans to swap out planes or use larger aircraft to limit the number of passengers affected.

“If we are unable to place them on a different flight, we will proactively reach out to try and offer other options,” United said.

Even if the Federal Aviation Administration clears the plane to fly, airlines have said they would need at least a month to retrain their pilots and prepare the planes to resume service.

Crash investigators implicated flight-control software that misfired, repeatedly pushing the nose of the planes down in both disasters, which together killed 346 people. Boeing has developed fixes for the system, but regulators haven’t yet approved them.

After the first crash, a Lion Air flight that went down shortly after take off on Oct. 29, 2018 with 189 aboard, pilots complained they didn’t know the system even existed.

An international panel of air safety regulators are set to criticize the FAA in a report on Friday, saying the agency didn’t adequately review the system, Reuters reported.


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: leslie josephs
Keywords: news, cnbc, companies, grounding, max, boeing, system, sight, flying, end, jan, united, worldwide, 737, return, regulators, plans, airlines, planes, scraps


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Stocks making the biggest moves midday: United Technologies, Roku, Wendy’s & more

Check out the companies making headlines in midday trading:United Technologies, Raytheon — Shares of United Technologies rose 1.7%, while Raytheon’s stock was largely unchanged, after shareholder meetings at each defense contractor approved a merger of equals. The deal would see United Technologies’ aerospace business combined with Raytheon and is expected to close in the first half of next year. Roku — Roku shares jumped 4.2% on news that Citadel Securities took a 5% stake in the media-streamin


Check out the companies making headlines in midday trading:United Technologies, Raytheon — Shares of United Technologies rose 1.7%, while Raytheon’s stock was largely unchanged, after shareholder meetings at each defense contractor approved a merger of equals. The deal would see United Technologies’ aerospace business combined with Raytheon and is expected to close in the first half of next year. Roku — Roku shares jumped 4.2% on news that Citadel Securities took a 5% stake in the media-streamin
Stocks making the biggest moves midday: United Technologies, Roku, Wendy’s & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: michael sheetz
Keywords: news, cnbc, companies, wendys, companys, moves, midday, breakfast, making, biggest, market, stock, roku, united, firm, stocks, shares, video, technologies, company


Stocks making the biggest moves midday: United Technologies, Roku, Wendy's & more

A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, U.S., September 28, 2017.

Check out the companies making headlines in midday trading:

United Technologies, Raytheon — Shares of United Technologies rose 1.7%, while Raytheon’s stock was largely unchanged, after shareholder meetings at each defense contractor approved a merger of equals. The deal would see United Technologies’ aerospace business combined with Raytheon and is expected to close in the first half of next year.

Roku — Roku shares jumped 4.2% on news that Citadel Securities took a 5% stake in the media-streaming device maker. The stock also got a boost after an analyst at RBC Capital Markets upgraded it to outperform from market perform. The analyst cited a “compelling” valuation and strong revenue growth among the reasons for the upgrade.

Wendy’s — Shares of the fast-food chain gained 3.8% after Wendy’s gave more details about its plans to launch nationwide breakfast and expand in Europe. The company said it will invest about $20 million to support U.S. stores in preparation of the 2020 breakfast rollout. Wendy’s also expects breakfast to become at least 10% of its daily sales.

Johnson & Johnson — Shares of the pharmaceutical giant gained 1.8% after Bernstein upgraded the company to an outperform rating. The firm said the stock is now at a “historically cheap” valuation, and that they expect the company’s ongoing lawsuits to be resolved over the next 6 – 12 months.

Crowdstrike — The cyber security company’s stock fell 3.2% following a downgrade to sell at Goldman Sachs. While the firm believes that the company “is uniquely positioned to continue to take market share,” following the stock’s 85% gain since its June IPO, the firm believes that at this point expectations are “elevated.”

SAP — Shares of SAP surged 10.1% after the German software company announced Bill McDermott is stepping down as CEO after nine years. SAP also pre-announced third-quarter results, which beat expectations in part due to a cloud customer.

Fastenal – Shares of Fastenal skyrocketed more than 16% after the maker of construction and industrial supplies reported stronger-than-expected earnings. Fastenal earned 37 cents per share in the past quarter, 2 cents above estimates, while revenue also came slightly above Wall Street forecasts. The strong result came from higher unit sales and higher prices that had been implemented to mitigate the impacts of general and tariff-related inflation.

— CNBC’s Pippa Stevens, Yun Li and Fred Imbert contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: michael sheetz
Keywords: news, cnbc, companies, wendys, companys, moves, midday, breakfast, making, biggest, market, stock, roku, united, firm, stocks, shares, video, technologies, company


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

US to send more forces to Saudi Arabia despite Trump’s pledge to reduce Middle East presence

The United States will send more forces into Saudi Arabia even as President Donald Trump says he wants to reduce American military involvement in the Middle East. Defense Secretary Mark Esper ordered the deployment of two more fighter squadrons and accompanying personnel to the oil-rich American ally, he told reporters Friday. “Taken together with other deployments I have extended or authorized within the last month, this involves about 3,000 United States forces,” the Pentagon chief said. The m


The United States will send more forces into Saudi Arabia even as President Donald Trump says he wants to reduce American military involvement in the Middle East. Defense Secretary Mark Esper ordered the deployment of two more fighter squadrons and accompanying personnel to the oil-rich American ally, he told reporters Friday. “Taken together with other deployments I have extended or authorized within the last month, this involves about 3,000 United States forces,” the Pentagon chief said. The m
US to send more forces to Saudi Arabia despite Trump’s pledge to reduce Middle East presence Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: jacob pramuk
Keywords: news, cnbc, companies, middle, military, syria, send, secretary, presence, pledge, despite, united, forces, trumps, reduce, saudi, east, turkey, states, northern, defense


US to send more forces to Saudi Arabia despite Trump's pledge to reduce Middle East presence

The United States will send more forces into Saudi Arabia even as President Donald Trump says he wants to reduce American military involvement in the Middle East.

Defense Secretary Mark Esper ordered the deployment of two more fighter squadrons and accompanying personnel to the oil-rich American ally, he told reporters Friday. The U.S. will also deploy Patriot and Terminal High Altitude Area Defense missile defense systems.

“Taken together with other deployments I have extended or authorized within the last month, this involves about 3,000 United States forces,” the Pentagon chief said.

The move comes amid rising tensions in the Middle East sparked in part by Trump’s decision to pull troops from northern Syria. Earlier this week, Turkey launched airstrikes and artillery fire targeting U.S.-allied Kurdish forces in the area.

Esper also chastised Turkey on Friday for what he called an “impulsive action” to start the offensive in Syria.

“We oppose and are greatly disappointed by Turkey’s decision to launch a unilateral military incursion into northern Syria,” the Defense secretary said. He added that it has put the U.S. in a “tough situation,” due to its North Atlantic Treaty Organization ties to Turkey and allegiance with the Kurdish forces in Syria.


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: jacob pramuk
Keywords: news, cnbc, companies, middle, military, syria, send, secretary, presence, pledge, despite, united, forces, trumps, reduce, saudi, east, turkey, states, northern, defense


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

United Auto Workers says it has countered General Motors’ latest offer

General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. The United Auto Workers union said on Friday that it had countered General Motors’ latest offer and “if GM accepts and agrees to this group of proposals, we will have a tentative agreement.” As part of its revised offer, GM boosted the amount it plans to invest in the United States to about $9 billion from its previous


General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. The United Auto Workers union said on Friday that it had countered General Motors’ latest offer and “if GM accepts and agrees to this group of proposals, we will have a tentative agreement.” As part of its revised offer, GM boosted the amount it plans to invest in the United States to about $9 billion from its previous
United Auto Workers says it has countered General Motors’ latest offer Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: michael wayland riya bhattacharjee, michael wayland, riya bhattacharjee
Keywords: news, cnbc, companies, union, offer, latest, auto, united, uaw, negotiations, letter, sandefur, workers, motors, dittes, general, countered


United Auto Workers says it has countered General Motors' latest offer

General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019.

The United Auto Workers union said on Friday that it had countered General Motors’ latest offer and “if GM accepts and agrees to this group of proposals, we will have a tentative agreement.”

In a letter to union members, UAW Vice President Terry Dittes, who oversees the union’s GM department, said that negotiations will continue over the weekend to reach a tentative agreement.

“Brothers and Sisters, your support and perseverance has provided this entire bargaining team the energy to keep pushing and fighting for you, your families, your communities and all the working men and women in this country,” Dittes said.

General Motors urged UAW Thursday to agree to “around-the-clock” bargaining in an attempt to reach a tentative agreement and potentially end the union’s strike against the automaker, which is now in its 26th day.

In a Thursday letter obtained by CNBC, GM Vice President of North America – Labor Relations Scott Sandefur criticized the union for not promptly responding to a Monday offer from the company. He also encouraged the union to “engage in bargaining over all issues around-the-clock to get an agreement.”

“Your members and our employees’ lives are being disrupted, and they deserve our commitment to getting any remaining issues resolved as quickly as possible,” Sandefur wrote to Dittes.

Sandefur, in the letter, said the company has repeatedly urged the UAW to participate in “around-the-clock” bargaining. Since the strike began Sept. 16, negotiations have been ongoing but have mainly ended in the early-evening.

Sandefur’s letter follows another message obtained by CNBC from Dittes to Sandefur that discussed a Wednesday meeting between the union and company that included UAW President Gary Jones and GM CEO and Chairman Mary Barra, among others.

Barra, according to two people familiar with the negotiations, has been “involved” in the talks. One source said she has allowed Sandefur and others to lead the day-to-day negotiations. The Wednesday meeting is the first Barra has attended with the union leaders.

As part of its revised offer, GM boosted the amount it plans to invest in the United States to about $9 billion from its previous offer of $7 billion, a source familiar with the offer said.

Of the new total, $7.7 billion would be invested directly in GM plants, with the rest going to joint ventures including a potential battery plant near the Lordstown, Ohio, factory that has been idled, the source said.

GM stock closed up 2.6% at $35.57 on Friday.

The company said the offer also includes increased compensation through wages and one-time payments, preserving industry-leading healthcare benefits without increasing workers’ costs, enhanced profit sharing with unlimited upside and a higher ratification bonus than the $8,000 previously offered.

For temporary workers, GM said its offer would create a path to permanent employment and include a ratification bonus.

Read the full letter from Terry Dittes to union members on Friday below:


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: michael wayland riya bhattacharjee, michael wayland, riya bhattacharjee
Keywords: news, cnbc, companies, union, offer, latest, auto, united, uaw, negotiations, letter, sandefur, workers, motors, dittes, general, countered


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Beijing plans to restrict visas for US visitors with ‘anti-China’ links

U.S. and Chinese national flags fly outside a company building in the China (Shanghai) Pilot Free Trade Zone in Shanghai, China, on Oct. 22, 2013. China is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals, as relations between the countries sour. The proposed changes follow the introduction by the United States of tighter rules for visas for Chinese scho


U.S. and Chinese national flags fly outside a company building in the China (Shanghai) Pilot Free Trade Zone in Shanghai, China, on Oct. 22, 2013. China is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals, as relations between the countries sour. The proposed changes follow the introduction by the United States of tighter rules for visas for Chinese scho
Beijing plans to restrict visas for US visitors with ‘anti-China’ links Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-10
Keywords: news, cnbc, companies, source, rights, states, restrict, beijing, rules, china, visas, visa, plans, visitors, antichina, tighter, united, chinese, links, restrictions


Beijing plans to restrict visas for US visitors with 'anti-China' links

U.S. and Chinese national flags fly outside a company building in the China (Shanghai) Pilot Free Trade Zone in Shanghai, China, on Oct. 22, 2013.

China is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals, as relations between the countries sour.

China’s Ministry of Public Security has for months been working on rules to limit the ability of anyone employed, or sponsored, by U.S. intelligence services and human rights groups to travel to China.

The proposed changes follow the introduction by the United States of tighter rules for visas for Chinese scholars in May.

New U.S. visa restrictions announced on Tuesday, on Chinese government and Communist Party officials the United States believes responsible for the detention or abuse of Muslim minorities, had bolstered the case for the new Chinese restrictions, one of the sources said.

“This is not something we want to do but we don’t seem to have any choice,” the source said.

The Chinese rules would mandate the drafting of a list of U.S. military and CIA-linked institutions and rights groups, and the addition of their employees to a visa blacklist, according to the sources, who declined to be identified.

The tighter restrictions come amid heightened concern in Beijing that the United States and other governments are using such organizations to incite anti-government protests in both mainland China and Hong Kong, and would also be in retaliation for the U.S. visa restrictions against Chinese researchers and officials, the first source said.

“The plan has been widely discussed by senior police officers over recent months, but made more likely to be implemented after the Hong Kong protests and the U.S. visa ban on Chinese officials,” the source said.

China’s National Immigration Administration, which operates under the Ministry of Public Security, did not immediately respond to a faxed request for comment.

Rivalry between the United States and China is fueled by a range of issues including commercial competition, human rights and worries about security.

The United States took a major step in confronting China in May when it added Chinese tech giant Huawei Technologies and 70 affiliates to its so-called Entity List, banning the Chinese company from acquiring components and technology from U.S. firms without U.S. government approval.

The United States suspects Huawei’s equipment could be used by Beijing for spying, which the Chinese firm has repeatedly denied.


Company: cnbc, Activity: cnbc, Date: 2019-10-10
Keywords: news, cnbc, companies, source, rights, states, restrict, beijing, rules, china, visas, visa, plans, visitors, antichina, tighter, united, chinese, links, restrictions


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post