GLG News by Labor Experts: Economists

Don't forget this is a multilateral negotiations that includes capital markets. Given the size of the VEBA, all parties may be unwilling to accept the risks.

The media often overstates the wages of autoworkers by using figures that that the OEMs provide.  Autoworker wages may even be lower today due to changes in staffing and the OEMs Special Attrition Programs

Implications The UAW (International) negotiations with Ford, Chrysler and General Motors (OEMs) are in the final stages, but already there are signs of significant changes in the collective bargaining agreements that will make US automakers more competitive at the shop floor level. In part, this is...

The move by Johnson and Johnson is a necessity to maintaining its trademark and its market share. Failing to defend the use of the trademark in commercial settings can result in the loss of legal rights to exclude other companies from using the red cross design. The trademark may be a necessity for...