Wednesday, April 7, 2010 as of 11:14 AM ET
The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, better known as the United Auto Workers (UAW), is a labor union which represents workers in the United States and Puerto Rico, and formerly in Canada.
Read More at Wikipedia ›WOLFSBURG, Germany -(Dow Jones)- Volkswagen AG's (VOW.
XE) top labor representative and deputy supervisory board chairman said Thursday he expects an agreement on staff taking a stake in the company to be reached soon."Talks are progressing well...we're close to an agreement," Bernd Osterloh told reporters. He declined to elaborate as a final decision hasn't been reached.Osterloh told Dow Jones Newswires in June 2011 that Volkswagen's labor unions want to take a voting stake of up to 3% in the company to safeguard workers' rights.A 3% voting stake would make Volkswagen employees the company's fourth-largest shareholder after Porsche Automobil Holding SE (PAH3.XE) with a 50.7% stake, the German state of Lower Saxony with just above 20% and Qatar Holding LLC with 17%.The deal would be based on a plan drafted in August 2009 after Volkswagen's labor unions in a joint effort with the company's management successfully averted a takeover launched by Porsche's former chief executive, Wendelin W...FBN’s Gerri Willis on Obama’s efforts to woo union auto workers by talking about the auto bailout and favorable union policies.
FBN’s Peter Barnes on Obama’s speech to UAW members in Michigan.
-Obama says would bail out auto industry again-President says critics of the bailout are wrong-Obama says critics would have left workers "hung out to dry"WASHINGTON...
FBN’s Rich Edson breaks down the candidates’ efforts to win the Michigan Primary.
FBN’s Rich Edson on the Republican candidates addressing the auto bailouts and the economy ahead of the Michigan Primary.
Italian carmaker Fiat may have to close two of its five plants in Italy in the face of weak European demand if plans to export to the U.S. market don't materialise, ...
Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) will clarify their compensation clawback policies in response to demands from a group of shareholders led by th...
FBN's Jeff Flock talks to Group CEO Sergio Marchionne about the differences between the U.S. and European political systems and his relationship with the UAW .
FBN’s Eric Bolling on his recent trip in a Chevy Volt.
National Legal & Policy Center’s Mike Modica on the potential conflict of interest of the NHTSA reporting the Chevy Volt is safe to drive.
Brett McMahon of Miller and Long Construction on the DNC’s decision to have its convention at a stadium built without union labor.
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
WJBK Reporter Rob Wolchek discusses why the UAW member is employed by the auto manufacturer again.
General Motors Co <GM.N> Chief Executive Dan Akerson earned $7.7 million in cash and stock in 2011, the year the automaker reclaimed its global sales crown and boost...
Nolan Finley of the Detroit News says that unions and occupy groups will disrupt the meeting.
Comedian Ron White discusses his shows in New York City.
Rep. Ron Paul, (R-Texas), on why Rep. Paul Ryan’s budget plan doesn’t go far enough in its spending cuts.
The Wall Street Journal’s Dan Henninger on the president’s views of the country and why they’re outdated.
Republican Presidential Candidate Mitt Romney on the Arizona and Michigan Primaries, why he opposed the auto bailouts and the rise in gas prices.
