Finance

AFL-CIO HIT Invests $52 Million in Bronx Betances Senior Apartments
Environment and Energy, Features, Finance, Health and Safety, New York

AFL-CIO HIT Invests $52 Million in Bronx Betances Senior Apartments

Bronx, New York –  The AFL-CIO Housing Investment Trust (HIT) is helping to finance the $98 million new construction of the Betances Senior development in the Bronx, NY.  The eight-story project will create 152 new units of housing exclusively reserved for seniors with incomes up to 50% of the Area Median Income. There is no…

Philly Public-Radio Staff Votes to Join SAG-AFTRA
Features, Finance, Labor News Briefs, Law and Politics, Municipal Government, National

Philly Public-Radio Staff Votes to Join SAG-AFTRA

PHILADELPHIA, Pa.—News staff at WHYY, Philadelphia’s public radio and TV station, voted 70-1 on Oct. 30 to join SAG-AFTRA. “It’s official! With 99% of the vote, we have won our union!” the WHYY Union exulted on Twitter. The union will represent almost 90 workers, but management is disputing whether 11 of them are eligible to…

Michael Bloomberg: The WORST Democratic Candidate Possible
Building Trades, Education, Entertainment, Features, Finance, Health and Safety, Law and Politics, Municipal Government, National, Retail, topslot, Transportation

Michael Bloomberg: The WORST Democratic Candidate Possible

Michael Bloomberg would be the worst candidate the Democrats could possibly nominate in 2020—unless they cross-endorse Donald Trump. The former New York mayor, who has begun preparations to run in the later primaries next year, has a grossly undeserved reputation as a “moderate.” His core ideology is plutocratic, that government’s primary purpose is to help…

National Endowment for Democracy Workers Join OPEIU
Features, Finance, Labor News Briefs, Law and Politics, National

National Endowment for Democracy Workers Join OPEIU

WASHINGTON—Workers at the National Endowment for Democracy voted to join Office and Professional Employees International Union Local 2 on Oct. 30. The union said it won by a 7-1 margin after about 10 months of organizing. It will represent about 150 workers, including program and grant officers, compliance experts, auditors, researchers, communications specialists, and public…

UAW Recommends Workers Ratify Deal With Ford
Features, Finance, Labor News Briefs, Law and Politics, National, Transportation

UAW Recommends Workers Ratify Deal With Ford

DETROIT, Mich.—The United Auto Workers’ National Ford Council voted Nov. 1 to recommend that members ratify the tentative agreement the union reached with Ford Motor Co. Oct. 30. Like the UAW’s new contract with General Motors, the four-year deal would give workers 3% raises in its second and fourth years, with lump-sum bonuses of 4% of their…

General Mills Workers Nix ‘Last, Best’ Contract Offer
Features, Finance, Labor News Briefs, Law and Politics, Municipal Government, National

General Mills Workers Nix ‘Last, Best’ Contract Offer

CEDAR RAPIDS, Iowa—Union workers at General Mills’ cereal plant voted almost unanimously Nov. 6 to reject the company’s “last, best, and final” contract offer. Retail, Wholesale, and Department Store Union Local 110 told KCRG-TV that 99% had voted no. The about 520 workers at the facility joined Local 110 in January, over opposition from management,…

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