Union members voted in favor of a new three-year contract that improves pensions, wages and healthcare benefits.
South Korea-based workers agree to avert strike despite no retirement-age bump.
Two days of bargaining produce no agreement after employees complain about HVAC system and other concerns.
Hyundai Motor Co and its two affiliates approved Asia’s biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul, reported Reuters. The Hyundai-led group – which includes Kia Motors Corp ... Read More »
Employees at the Volkswagen AG auto plant in Chattanooga, Tennessee, are attempting to form a union that will include hourly and salaried workers as a counter to the United Auto Workers Local 42 established last month, a leading anti-UAW worker said on Tuesday, reported Reuters. Mike Burton, who helped anti-UAW workers defeat the UAW’s effort ... Read More »
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