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The U.S. Bankruptcy Court in New York deferred a ruling on a highly controversial proposal to pay more than $5.3 million in bonuses to eight top executives at Hawker Beechcraft. At the conclusion of a three-hour hearing last week, Judge Stuart Bernstein said he needed more information before ruling on the bonus request, which was
Read moreIAM International President Tom Buffenbarger is calling on President Obama to join the picket line outside the Caterpillar facility in Joliet, IL, where IAM members of Local 851 have been on strike since May 1, 2012. “As a candidate in 2008, President Obama declared he would put on a pair of comfortable shoes and walk
Read moreThe IAM is calling on lawmakers in Washington, D.C. to oppose the admission of Russia to the World Trade Organization (WTO) until that country can provide evidence of substantive improvements in its abysmal labor and human rights record. “Russia’s labor code fails to secure fundamental labor rights and its application is worse; human rights leaders
Read moreThe IAM continues to expand in the Caribbean with another large win for Local 2725 in Puerto Rico. Two hundred and sixty-four Licensed Practical Nurses (LPN) at the San Juan Hospital Auxilio Mutuo voted for IAM representation in a run-off election after a March 24 election where the IAM finished in the top two of
Read moreCalling it a thinly disguised effort to reward top executives at Hawker Beechcraft for achieving “routine, short-term and not particularly challenging” tasks, the IAM this week filed a formal objection to a proposal that would grant up to $5.3 million for the Beechcraft Eight, an octet of senior executives named as beneficiaries of a so-called
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