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A Report from the Lazard Shareholder Meeting in Bermuda

A Report from the Lazard Shareholder Meeting in Bermuda

The Wall Street investment bank Lazard held its annual shareholder meeting this week at Bermuda’s luxurious Elbow Beach Hotel. Bermuda is known for its beautiful sandy beaches and, less flatteringly, as an offshore tax haven. Headquartered in New York City, Lazard is incorporated in Bermuda.

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Working Familes at Verizon Strike for a Better Workplace

Working Familes at Verizon Strike for a Better Workplace

Working people at Verizon are on strike. After months of negotiations with the telecommunications giant, they’ve decided to take a stand to create a better workplace. They want to make sure the needs of working families are met, instead of standing by as a handful of individuals get richer and richer. They’re fighting to stop the company from sending jobs overseas and to get Verizon to end its continued intimidation of working people at Verizon Wireless who are trying to create a better future for themselves and their families.

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Do You Know Where Your Nabisco Treats Are Made?

Members of the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) working at Nabisco plants throughout the United States take great pride in producing the iconic products that have been a part of millions of Americans’ lives for more than 50 years.

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T-Mobile’s Dirty Secrets Exposed: Unfair Firings, Deceiving Customers and More

T-Mobile’s Dirty Secrets Exposed: Unfair Firings, Deceiving Customers and More

Last week, award-winning labor and business reporter Steven Greenhouse published a comprehensive article on T-Mobile’s disgraceful labor and consumer practices.

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The 600 People Whose Jobs Nabisco/Mondelez Wants to Cut

In July 2015, Mondelēz International announced it had chosen to invest $130 million in its new Salinas, Mexico, plant instead of investing in its iconic Nabisco bakery in Chicago. As a result, 600 workers at the South Side Chicago bakery could lose their jobs as the product lines are sent to Mexico. The union workers at the Chicago Nabisco bakery have been producing high-quality baked goods such as Oreo and Chips Ahoy cookies, and Ritz and Premium crackers for more than 50 years. These hardworking Chicagoans, as well as others in the Nabisco/Mondelēz production network across the country, have dedicated decades of their working lives to fuel the company’s financial success and global appeal. But their dedication and commitment to building these iconic brands is being rewarded with callous disregard and the displacement of their jobs to unregulated areas of the world with labor forces that work for poverty wages.

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Trade Deals Like TPP Encourage 'Business Decisions' Like This Heartbreaking One from Indianapolis

Trade Deals Like TPP Encourage 'Business Decisions' Like This Heartbreaking One from Indianapolis

In this video, workers at the Carrier plant in Indianapolis react to the company announcing that it will ship 1,400 local jobs to Mexico in what they described as "strictly a business decision." You can hear the heartbreak and outrage in the voices of the workers who must now scramble to figure out how to take care of their families. Carrier makes heating, air conditioning, ventilation and other systems. The layoffs are scheduled to begin in 2017.

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NLRB Judge Rules Walmart Wrongly Fired Strikers

Image courtesy Walmart on Flickr

An administrative law judge at the National Labor Relations Board has ruled that Walmart retaliated against workers for participating in strikes. Walmart claimed that the workers' actions were not protected under the National Labor Relations Act and that it was legitimate to fire the employees for violating the company's attendance policy. Judge Geoffrey Carter ruled against Walmart.

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International Food Workers Show Solidarity with Chicago Nabisco Workers

Photo courtesy Eric Allix Rogers on Flickr

The International Union of Food Workers (IUF) and the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) have affirmed their solidarity with employees of Mondelēz International, the maker of Nabisco products, around the world. The state of Illinois has given Nabisco/Mondelēz millions of dollars in public assistance and tax breaks. BCTGM represents some 4,000 Mondelēz workers. The company has asked for massive concessions from employees that BCTGM says would amount to lost wages and benefits of $22–$29 per hour, per employee, and would lead to hundreds of lost jobs. In July, the company moved hundreds of jobs from Chicago to Mexico, jobs that were mostly held by African American and Latino workers before the move. They are represented by BCTGM Local 300 in Chicago. Most of them are also over the age of 40, a surprisingly disproportionate targeting of experienced and valuable employees.

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Why Citigroup Should Be Inducted Into the 2015 Corporate Hall of Shame

Each year, Corporate Accountability International asks the public to vote for the “worst of the worst” corporations, and the leading vote getter is added to its Corporate Hall of Shame. The non-profit organization then launches grassroots actions at the “winning” company.

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Menards Is Rewriting the Book on Anti-Worker Tactics

Menards Is Rewriting the Book on Anti-Worker Tactics

We thought we'd seen everything in the book of tricks used by management to prevent workers from organizing on the job, but Wisconsin-based home improvement chain Menards is going above and beyond. The employment agreement for managers at the chain threatens managers with a 60% pay cut if a union forms under their supervision.

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