Articles

Republic Airways stock in freefall after union decision

Shares in Republic Airways Holdings Inc. continued to plunge Wednesday morning on investor concern that a bankruptcy is possible after Teamsters officials declined to force a vote on the regional carrier’s final contract offer to pilots.

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Union wins closely watched labor case over who’s the boss

More companies may be held responsible for labor-law violations committed by contractors and forced to negotiate wages and benefits with their workers under a decision by the U.S. labor board. The International Franchise Association said the decision is a “seismic shift” in labor law.

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