Nuclear plant bailout - Disney leadership shakeup - Rail strike fears

Source: Bureau of Labor Statistics

1. Summary
   Following months of negotiations, the SMART-TD union, which represents about 28,000 rail conductors, rejected the terms of a compromise contract worked out with the assistance of the Biden administration. The president of the union said “This can all be settled [...] without a strike." Just 50.9% of SMART-TD's members voted to reject the contract.
   
   If a single union goes on strike, all 12 major rail unions will strike in solidarity -- even if the other unions agreed to the contract. Currently eight of the twelve unions have approved the contract. As 30% of U.S. cargo is moved through freight rail, a total strike would have large ramifications for the economy and supply chains. The American Chemistry Council, an industry group, projects a month-long strike could cost about 700,000 jobs.
   
   Railroad companies have argued that workers are already well-paid, with the last round of negotiations hiking average pay up to $110,000 a year by 2024. Workers claim they are overworked and argue the tentative contract does not contain sufficient provisions for paid sick leave.

   Highly-rated - last 48 hrs
   Freight rail workers at the biggest unions split over their contract deal, raising the specter of a strike.
   NBC News (Moderate Left) • Factual Grade 83% • 5 min read
   

1. Different political viewpoint
   Rail strike threat renewed as largest rail union rejects labor contract.
   Washington Examiner (Right) • Factual Grade 65% • 3 min read

1. Selected long-read
   Potential rail worker strike caused by erratic scheduling.
   American Prospect (Left) • Factual Grade 77% • 5 min read

The Biden administration's $6 billion Civil Nuclear Credit program is intended to support nuclear power, as some nuclear plants have struggled to compete with renewable energy and natural gas projects....

Full summaries, images, and headlines for subscribers only.
One payment. Once a year. $25

Upgrade Now

After the death of Washington Post journalist Jamal Khashoggi, a lawsuit was filed against Saudi Arabia's crown prince by Khashoggi's fiancée, Hatice Cengiz, and DAWN, a rights group founded by Khashoggi...

Full summaries, images, and headlines for subscribers only.
Free your time. Get rid of multiple news feeds.

Upgrade Now

Turkey launched airstrikes Saturday against Kurdish targets in Iraq and Syria following a bombing in Istanbul last week. Turkey blamed l...

Full summaries, images, and headlines for subscribers only.
Just the facts. Just about $2/mth.

Upgrade Now

Bob Iger, who previously served as Disney's chief executive from 2005 to 2020, returned as the company's leader in a...

Full summaries, images, and headlines for subscribers only.
Multiple perspectives + Quick summaries = $25/yr

Upgrade Now