• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On July 27, a Yemeni government naval official said that a naval patrol boat was attacked by Houthi rebels in the Red Sea off western Yemen that day, and three people on board were missing. The official, who declined to be named, said the patrol boat was returning from a military mission when it was attacked by armed men on several small boats near Zugayal Island. The patrol boat was destroyed, and the three people on board went missing. The official said the attack was carried out by the Houthis, but provided no evidence. The Houthis have not yet issued any statement or comment on the incident. The Yemeni government forces previously stated that they thwarted an attempt by several Houthi armed vessels to approach Zugayal Island. Zugayal Island is strategically important, located approximately 52 nautical miles (96 kilometers) from the Yemeni Red Sea port city of Hodeidah.On July 27, President Xi Jinping spoke by phone with Brazilian President Lula da Silva at the latters request. Xi emphasized that, facing new circumstances and challenges, China and Brazil, as important members of the BRICS South, should firmly stand on the side of historical righteousness and the progress of civilization, and play a greater constructive role in reforming and improving the global governance system and upholding international fairness and justice. Both sides should work together to promote high-quality development of BRICS cooperation, accurately grasp the direction of cooperation, maintain the momentum of unity, achieve more fruitful results, and write a new chapter of unity and self-reliance in the BRICS South. China highly values Brazils international status and important influence, supports Brazil in safeguarding its sovereignty and independence, opposes external interference, and will contribute to maintaining regional and global peace and stability.Piper Jaffray: Raises its price target for Thermo Fisher Scientific (TMO.N) from $510 to $600.On July 27th, according to foreign media reports, Malaysian palm oil futures prices fell on Monday, after reaching their highest level in 15 weeks in the previous trading session. The market was under pressure due to declines in the prices of competing oils and crude oil. The October palm oil futures contract fell 39 ringgit, or 0.83%, to 4,683 ringgit per metric tonne (approximately US$1,147.79). The US and Iran suspended military operations over the weekend following two weeks of continuous attacks. This news raised hopes for a diplomatic solution to de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Oil prices consequently fell by 5%. Weaker crude oil futures reduced the attractiveness of palm oil as a feedstock for biodiesel. Soybean oil futures on the Dalian Commodity Exchange fell 0.99%; palm oil futures fell 1.35%. Soybean oil futures on the Chicago Mercantile Exchange fell 1.36%. According to ITS estimates, Malaysian palm oil product exports increased by 15.9% from July 1st to 25th compared to the previous month. AmSpec is expected to release its statistics later that day.JPMorgan Chase raised its target price for Honeywell (HON.O) from $250 to $262.

Amazon Files a Grievance Against the Union's Victory in New York, Claiming Collusion

Haiden Holmes

Apr 08, 2022 10:02

A3.png


The United States' National Labor Relations Board (NLRB) has given Amazon until April 22 to substantiate its opposition to last week's poll in New York, in which Staten Island employees chose to create the company's first union in the United States. Amazon sought more time to provide evidence due to the "substantial" nature of its concerns, the company said in a filing Wednesday.


A verified election outcome would give organized labor a footing in the second biggest private employer in the United States, with the ability to affect how Amazon conducts its finely calibrated business.


Around 55% of employees at Amazon's JFK8 warehouse in the New York City borough of Staten Island who participated in the election chose to join the Amazon Labor Union (ALU), which has requested more compensation and job security. Since then, the union has been approached by employees at an additional 50 Amazon locations in the United States, according to the group's chairman.


Amazon's lawsuit said that company intends to challenge the decision on the grounds that the ALU interfered with workers in line to vote and that extended wait times decreased participation. Approximately 58% of eligible voters voted in person across many days.


Eric Milner, an attorney with the legal firm Simon & Milner who represents the ALU, denounced Amazon's assertions as bogus and said that they will be overturned.


"To assert that the Amazon Labor Union threatened staff is ludicrous," he said. "The Amazon Labor Union is composed entirely of Amazon workers."


Separately, the RWDSU expressed opposition on Thursday to an election in Bessemer, Alabama, in which Amazon employees voted against unionization. It was the second election in Bessemer, after the NLRB's determination that Amazon intervened unfairly in the last election there last year. The most recent results are still pending due to hundreds of contested votes and now the RWDSU's objections, which may prolong the process by months.


"We want our workers' votes to be heard," Amazon spokeswoman Kelly Nantel said. "We hope the NLRB considers every legitimate vote."


The RWDSU said in a filing that Amazon unjustly deleted pro-union information from non-work locations and dismissed one employee for speaking out in support of the union during required work sessions. The RWDSU said that these were sufficient reasons for the NLRB to vacate the decision.


Amazon expressed dissatisfaction with the RWDSU's activities, including the union's discussions with employees about the usage of a mailbox on warehouse property, but said that raising objections was regular procedure.


The company will have a difficult time showing that the New York union breached regulations governing employee involvement, according to John Logan, a labor expert at San Francisco State University.


Additionally, the NLRB often takes employer-related claimed breaches more seriously than union-related alleged violations, he said, since businesses wield more authority over employees.


"It's going to be really difficult" for Amazon, he said.