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Highlighting a year of big gains for organized labor, Microsoft announced that it will remain neutral if any U.S.-based worker groups seek to unionize.About 100,000 workers would be eligible to unionize under this framework, Microsoft President Brad Smith and AFL-CIO President Liz Shuler said Monday during a forum at the labor federation's headquarters in Washington.The deal effectively expands a neutrality agreement between Microsoft and a large union, the Communications Workers of America, under which hundreds of the company's video game workers unionized earlier this year without a formal election of the National Labor Relations Board. Officially, it provides a framework in which any group of Microsoft workers can negotiate their own neutrality agreements with similar terms.In Monday's...

A national lobbying group has withdrawn its startling estimate that “organized retail crime” was responsible for nearly half of the $94.5 billion in merchandise missing from stores in 2021, a figure it helped amplify. claims that the United States was experiencing a nationwide shoplifting surge.The group, the National Retail Federation, changed that statement last week from a widely cited report published in April, after trade publication Retail Dive revealed that faulty data had been used to arrive at the inaccurate figures.The retraction comes as retail chains like Target continue to claim they are victims of large shoplifting operations that have cut into profits, forcing them to close stores or inconvenience customers by blocking products.The claims were fueled by widely shared videos ...

The United States has embarked on its biggest industrial policy push in generations, providing tax breaks, grants and other financial incentives to attract new factories making solar panels, semiconductors and electric vehicles.This spending is aimed at boosting the domestic market for crucial products, but it has implications well outside the United States. It is pushing governments from Europe to East Asia to try to keep pace by proposing their own investment plans, triggering what some call a global rush for subsidies.Officials, especially in Europe, have accused the United States of protectionism and have spent months complaining to the Biden administration about its policies. Governments in the European Union, Britain and other countries are discussing how to counter American polici...

This situation resulted in an impressive loss of money. In August, Hopin, an emerging firm that had raised more than $1,600 million and had been valued at $7,600 million, sold its core business for just $15 million. My passage, Zeus Living, a real estate company that received 150 million dollars, has announced the closure of its operations. Plastiq, an emerging technology finance company that has raised $226 million, has declared itself quiebra en mayo. In September, light motorcycle company Bird, which attracted a $776 million reversal, decided to pay on the New York Stock Exchange, acknowledging that its shares were priced too low. Its market capitalization of $7 million is less than the $22 million worth of the mansion its founder, Travis VanderZanden, purchased in Miami in 2021.“A...

More than 1,100 workers at the DHL Express global air cargo hub at Cincinnati/Northern Kentucky International Airport went on strike Thursday after months of failed negotiations with the carrier.A group of DHL hub workers who load and unload planes voted in April to unionize with the International Brotherhood of Teamsters, which has been in contract negotiations with the company since July. The union has since filed more than 20 complaints of unfair labor practices with the National Labor Relations Board, accusing the company of retaliating against organized workers. Teamsters Local 100, which represents unionized workers, voted to authorize a strike Sunday.“The company forced this work stoppage, but DHL has the opportunity to right this wrong by respecting our members and coming to term...