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2024-10-27


The government mistakenly briefed that five new low-tax sites would be announced this week.

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2024-10-03


The walkout threatened to plunge the holiday shopping season into turmoil and become an issue in next month's presidential election.

U.S. port operators have proposed a conditional offer of a 62% wage increase to dock workers to end a strike and get back to work, FOX Business has learned.

The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract. The union, the International Longshoremen’s Association, is to resume working immediately.

Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast.

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As president of the International Longshoremen’s Association, Harold Daggett is taking advantage of organized labor’s resurgence to drive a hard bargain.

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The dockworkers strike is the next chapter in the workers vs. automation and AI story — one that won't be finished anytime soon.

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ROBO

2024-10-02


Unionized dockworkers at East and Gulf Coast ports are on strike, demanding higher wages and protection from automation, though experts warn automation is needed for competitiveness.

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2024-10-01


The strike by longshoremen has halted commerce at Newark and other ports on the East and Gulf Coasts, affecting an ecosystem of supply-chain workers.

White House press secretary Karine Jean-Pierre affirmed the Biden administration is "not planning to" intervene in the port strike using the Taft-Hartley Act.

Harold Daggett says his dockworkers will are "going to win" in their battle to secure higher wages.

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The union representing thousands of striking dockworkers is pushing for bigger wage increases than port operators have offered, and a ban on automation.

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There are multiple approaches that the White House could take if the ports strike drags on and on — but they come with deep downsides.

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Dockworkers at seaports on the East and Gulf Coasts went on strike Tuesday after negotiations with port employers over a new contract remained at an impasse.

2024-09-30


The secretary of commerce, Gina M. Raimondo, said she is not very focused on the potential for looming strikes despite the costs for the economy.

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Dockworkers at East and Gulf Coast ports are on the verge of a strike that could begin Tuesday, raising questions about whether West Coast ports can absorb stalled shipments.

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Chicago Federal Reserve Bank President Austan Goolsbee discusses the impact of the looming port strike on the economy and the Fed's rate cutting process.

American Trucking Associations President and CEO Chris Spear analyzes the short and long-term macroeconomic impacts as dockworker strikes could disrupt major shipping ports on the East Coast.

Members of the International Longshoremen’s Association could walk off the job, halting most shipments at East and Gulf Coast ports and rattling the U.S. economy.

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2024-09-29


International Longshoremen's Association on Sunday said workers are readying for the picket lines should a deal not be reached by end of day Monday.

Port operators have long embraced automation, while dockworkers view it as a threat to their livelihoods.

2024-09-28


American Trucking Association CEO Chris Spear says produce and farmers will get hit first amid looming port strike on 'Maria Bartiromo's Wall Street.'

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CSX

2024-09-26


Employers at East and Gulf Coast ports filed an unfair labor practice complaint against the dockworkers' union in an effort to restart negotiations and prevent a potential strike.

The U.S. Postal Service is looking to change stamp prices five times in the next few years, the agency indicated in a filing with the Postal Regulatory Commission.

2024-09-25


FOX Business' Lydia Hu has the details from Bayonne, N.J., on 'Varney & Co.'

2024-09-22


U.S. rapidly approaching deadline for a new labor contract for dockworkers at three dozen ports. If a deal isn't reached, all of the workers were told to stop working.

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2024-09-20


National Association of Wholesaler-Distributors CEO Eric Hoplin suggests that the union is being "too unreasonable" as a potential strike could cost the U.S. economy billions.

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2024-09-11


The three major averages closed higher on Thursday, aided by gains in big tech names.

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