International Brotherhood of Electrical Workers

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Shareholders Sue Goldman Sachs for Overpaying Execs

Union seeks to claw back from 'vastly overcompensated' honchos

(Newser) - Shareholders are losing out because Goldman Sachs executives are "unreasonably overpaid," a lawsuit filed by a union pension fund charges. The suit from the International Brotherhood of Electric Workers fund seeks to block Goldman from spending almost half of its net revenue on executive compensation and to recover... More »

Verizon, Unions Reach Deal

Three-year contract protects health benefits for current workers, retirees, adds jobs

(Newser) - Verizon Communications and two labor unions representing 65,000 workers struck a 3-year deal yesterday, staving off a strike set for today, reports the Wall Street Journal. The contract, which replaces one that expired Aug. 2, adds 2,500 union jobs and protects the health benefits of current union members... More »

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