Organized labor in the United States is having a moment. From the automobile industry to Hollywood, US workers have gone on strike at rates not seen in years and even more could walk off the job to demand better contracts.
The public will continue to support them – that is until the strikes begin to affect Americans’ daily lives. A Gallup poll released in August showed that Americans have grown more supportive of labor unions, with 43% of those surveyed indicating they want unions to gain more power, up from a record low of 25% in a 2009 survey following the Great Recession.
Germans were still supportive of the walkouts, but would Americans be as supportive in the same scenario? UBS says reports of DOJ probe into Russia sanctions evasion are wrong Swiss multinational investment bank UBS says it is not aware of a probe by the US Department of Justice into suspected compliance-related missteps by its subsidiary Credit Suisse that reportedly allowed Russian clients to skirt sanctions, reports my colleague Eva Rothenberg.
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