Looming ‘Cadillac tax’ on health plans, corporate pension burdens likely to complicate talks with unions
Vipal Monga and Kimberly S. Johnson write over at http://www.wsj.com/
Many big companies are pushing to cut spending on employee benefits—from pensions to health insurance—and could face labor strikes as a result.
WASHINGTON -- The Supreme Court signaled Tuesday that it may be prepared to strike down laws forcing public employees to pay union dues, posing a major threat to organized labor.
The justices agreed to hear a California case next fall challenging the requirement that teachers contribute to unions, even if they don't join them or agree with their positions on issues.
An American Airlines passenger was struck by lightning as she deplaned a flight in South Carolina over the weekend.
The woman had exited American Airlines Flight 5137 via stairs and was walking on the tarmac at theColumbia Metropolitan Airport when she was struck on Saturday evening.
David Jackson over at USAToday.com writes:
The Obama administration is unveiling long-awaited new rules that would allow more workers to claim overtime pay.
Currently, workers who make more than $23,660 cannot claim overtime; the new proposal would raise that threshold to $50,440 per year.
American Airlines CEO Doug Parker nets $4.1 million in stock sale ($2.4 million after tax witholdings)
Terry Maxon over at the DMN writes:
American Airlines Group chairman and CEO Doug Parker netted $4.1 million Monday as he exercised “stock appreciation rights” dating from his US Airways days and then selling the shares.
Parker exercised rights on 113,090 shares at $6.
Unions, democracy, evolution & DNA:
Democracy may be ingrained in our DNA through evolution. Below is an excerpt from one of the articles cited below related to the scientific studies of competition versus cooperation in nature.
The comparison and contrast of nature, democracy and by extension, Unions, is clear.