Shawn Fain is not a typical president of the United Automobile Workers union.Mr. Fain recently declined a symbolic handshake with the chief executives of the major Detroit automakers, a gesture that traditionally kicks off contract negotiations. He is seeking an ambitious 40 percent wage increase for rank-and-file members — in line, he says, with the pay gains of those corporate leaders over the past four years. And in a video meeting with members last week, Mr. Fain threw a list of proposals from Stellantis, the maker of Chrysler and Jeep, into a wastebasket, saying it belonged in the trash “because that’s what it is.”On one level, the circumstances that produced the union’s more aggressive leadership are idiosyncratic. Mr. Fain, who won his position in March, is the first president in the union’s history, dating back nearly 90 years, to be elected directly by its members. The change took place …
Latest Business News
The Why Behind the Journey (3/5/2026) - The Why Behind the Journey Travel Growth Now Favors Brands… Read more...
Resort Communities: The Integration of Destination Real Estate with Resort Operations (3/3/2026) - Entity summary Speaker Tom Luersen Title President Organization CoralTree Hospitality… Read more...
Global Retail in Motion (3/3/2026) - Global Retail in Motion Channel growth is being rewritten by… Read more...
Three AI Agents Walk Into a Store (3/3/2026) - Watch the session Three AI Agents Walk Into a Store… Read more...
Hospitality Deal Flow in 2026 (3/1/2026) - Entity Summary Title: Hospitality Deal Flow in 2026. Subtitle: Key… Read more...
Expedition and Coastal Cruising Through Joint Ventures (2/28/2026) - Expedition And Coastal Cruising Through Joint Ventures Cruising expands, and… Read more...
Responsible Sourcing as a Hospitality Growth Strategy (2/28/2026) - 1TourismWorld Advancing Responsible Sourcing And Procurement In Hospitality A Leadership… Read more...
The Kinetic Intelligence: Strategic Implications of the AI-Energy Nexus in 2026 (2/16/2026) - The Kinetic Intelligence and Strategic Implications of the AI Energy… Read more...