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With Auto Industry Recovery, UAW Comes Fighting Back

Oct 11, 2013
The United Auto Workers union has mounted significant efforts to do what seems the impossible: Organize two foreign-owned auto plants in the Deep South, the cradle of the nation's right-to-work movement. Their success could mean a rebirth for a major player in organized labor.

Fail and Grow Rich on Wall Street

Nov 24, 2010
Welcome to the brave new world of post-bailout capitalism. The Commerce Department announced Tuesday that corporate profits are at their highest level in U.S. history, and the Fed released minutes of an early November meeting in which officials predicted a stagnant economy and continued high unemployment. Welcome to the brave new world of post-bailout capitalism.

Chrysler Heads for the Chop Shop

Apr 24, 2009
The Treasury Department has cut a deal with the United Auto Workers to send Chrysler into bankruptcy while protecting retiree benefits, The New York Times reports. Fiat would be in a more favorable position to take a cut of the company once it's in bankruptcy. Chrysler's equity stakeholders are shaping up as the big losers in all of this.