Categories Business

UAW aiming for 30% pay bump, sources

The United Auto Workers union needs to emerge from its strike towards Detroit’s three main automakers with at the very least a 30% pay increase, in line with folks conversant in the matter. That’s the extent — which is decrease than the round 40% hike it initially proposed…

Read More
Categories Business

Ticker: R.I bank to pay $9M settlement; UAW eyes strike expansion

A neighborhood financial institution in Rhode Island agreed to pay $9 million to resolve allegations that it engaged in lending discrimination by redlining majority-Black and Hispanic neighborhoods, a U.S. lawyer introduced Wednesday. A grievance accused Washington Trust Company of failing to supply mortgage lending providers to majority-Black and Hispanic…

Read More