Sens. Bernie Sanders, Elizabeth Warren and Tammy Baldwin pressed BlackRock CEO Larry Fink to intervene in a coal miners’ strike.
About 1,000 workers represented by the United Mine Workers of America have been on strike at Warrior Met Coal since April 2021. But the strike's beginnings can be traced back to 2016, when Warrior Met bought the mines from bankrupt Walter Energy.
As part of the corporate restructuring, the coal miners agreed to a $6 an hour pay cut and a"substantial" reduction to their health and retirement benefits, according to Sanders, I-Vt., Warren, D-Mass., and Baldwin, D-Wis. But since the company's rebound from bankruptcy and return to profitability, its workers have not had their compensation restored as promised, Sanders told CNBC.
"Instead of providing the kind of wages and benefits that the workers need and are entitled to, what is being offered is a totally unsatisfactory contract," Sanders said Thursday afternoon."We're saying to Mr. Fink, 'Do the morally right thing.' What we're asking for is: 'Tell the company executives to sit down negotiate a fair contract with the union.'"
This isn't the first time Sanders and Warren have needled Wall Street titans to support workers at major investments.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ohio Congressman Warren Davidson Compares COVID-19 Vaccination Requirements to Nazi Germany, ApologizesIn a tweet Wednesday, Ohio Rep. Warren Davidson compared D.C.'s COVID-19 vaccination proof requirements to Nazi Germany. In a reply to Washington, D.C. Mayor Muriel...
Lire la suite »
Supreme Court Vaccine Mandate Ruling Won't Bar Companies From Demanding Covid Shots for Workers — Biden Vows to Advocate for ThatPresident Biden urged companies to voluntarily impose Covid vaccination rules on workers after the Supreme Court blocked a government order to do that.
Lire la suite »
Dispute over pets leads to murder charge against East Tennessee manPolice said an argument between Sanders' grandmother and Ferguson led to the fatal shooting.
Lire la suite »