defined benefit | Portside

July 13, 2020

The Supreme Court Has Given the Green Light to Bosses and Financial Managers to Steal From Workers

David Sirota Jacobin

Robbing workers’ pension funds has long been central to Wall Street's business model. A recent Supreme Court ruling opened the door for financial managers to take their looting of those pension funds even further.

labor

January 5, 2014

'Cheers And Jeers' As Boeing Machinists Narrowly OK Contract

MARK MEMMOTT National Public Radio blog

With 51 percent of the 24,000 or so local machinists who voted saying yes to the pact, Boeing's " 'best and final' offer [now] guarantees assembly of the next 777 widebody jet and the fabrication of the plane's carbon-fiber wing" will be done at plants in the Puget Sound region.

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