2024 International Longshoremen's Association Strike
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2024 International Longshoremen's Association Strike
The 2024 United States port strike was a labor strike involving over 47,000 port workers who are part of the International Longshoremen's Association (ILA), impacting 36 ports across the United States primarily along the East Coast and the Gulf Coast. The strike began at midnight EST on October 1, 2024, following the expiration of a contract between the port workers and the ports due to disagreements about compensation for workers and the use of automation. Dockworkers agreed to suspend the strike on October 3, 2024, with their current contract extended until January 15, 2025, as negotiations continue. Background West Coast port dockworkers, spanning 29 ports, are covered by a different union, the International Longshore and Warehouse Union. On September 1, 2023, they ratified a six-year contract with the Pacific Maritime Association. The top-tier hourly wage of $39 for longshoremen amounts to just over $81,000 annually, but dockworkers can make significantly more by takin ...
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United States East Coast
The East Coast of the United States, also known as the Eastern Seaboard, the Atlantic Coast, and the Atlantic Seaboard, is the region encompassing the coast, coastline where the Eastern United States meets the Atlantic Ocean; it has always played a major socioeconomic role in the development of the United States. The region is generally understood to include the U.S. states that border the Atlantic Ocean: Connecticut, Delaware, Florida, Georgia (U.S. state), Georgia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York (state), New York, North Carolina, Rhode Island, South Carolina, and Virginia, as well as some landlocked territories (Pennsylvania, Vermont, West Virginia and Washington, D.C.). Toponymy and composition The Toponymy, toponym derives from the concept that the contiguous 48 states are defined by two major coastlines, one at the West Coast of the United States, western edge and one on the eastern edge. Other terms for referring to this area include ...
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Foreign Trade Of The United States
The United States is among the top three global importers and exporters. The regulation of foreign trade is constitutionally vested in the United States Congress. After the Great Depression, the country emerged as among the most significant global trade policy-makers, and it is now a partner to a number of international trade agreements, including the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). Gross U.S. assets held by foreigners were $16.3 trillion as of the end of 2006 (over 100% of GDP). Introduction The country has trade relations with many other countries. Within that, the trade with Europe and Asia is predominant. To fulfill the demands of the industrial sector, the country has to import mineral oil and iron ore on a large scale. Machinery, cotton yarn, toys, mineral oil, lubricants, steel, tea, sugar, coffee, and many more items are traded. The country's export list includes food grains like wheat, corn, and soybeans, a ...
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Virginia Port Authority
The Virginia Port Authority (VPA) is an autonomous agency ( political subdivision) of the Commonwealth of Virginia that owns The Port of Virginia, a group of facilities with their activity centered on the harbor of Hampton Roads, Virginia. The principal facilities of the Port of Virginia are four marine terminals, all on the harbor of Hampton Roads: * Norfolk International Terminals (NIT) at Norfolk, Virginia * Portsmouth Marine Terminal (PMT) at Portsmouth, Virginia * Newport News Marine Terminal (NNMT) at Newport News, Virginia * Virginia International Gateway (VIG) at Portsmouth, Virginia one intermodal container transfer facility ( dry port): * Virginia Inland Port (VIP) at Front Royal, Virginia and one inland marine terminal, which it operates via a lease: * Port of Richmond, in Richmond, Virginia A site on the harbor at nearby Craney Island has been identified for future expansion. Virginia International Terminals, Inc. (VIT), the Virginia Port Authority's non-stock ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ...
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CNN Business
CNN Business (formerly CNN Money) is a financial news and information website, operated by CNN. The website was originally formed as a joint venture between CNN.com and Time Warner's '' Fortune'' and ''Money'' magazines. Since the spin-off of Time Warner's publishing assets as Time Inc. (and their subsequent sale to Meredith Corporation and later, to IAC's Dotdash), the site has since operated as an affiliate of CNN. History CNN Money launched in 2001, replacing CNNfn's website. Time Warner had also announced an intention to relaunch the CNNfn television network under the CNN Money moniker, but those plans were apparently scrapped. Prior to June 2014, the website was operated as a joint venture between CNN and two Time Warner-published business magazines; '' Fortune'' and ''Money''. In June 2014, Time Warner's publishing assets were spun-out as Time Inc.; as a result, all three properties launched separate web presences, and CNN Money introduced a new logo that removed the ...
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Pension
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a " defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a " defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms " retirement plan" and " superannuation" tend to refer to a pension granted upon retirement of the individual; the terminolog ...
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Healthcare In The United States
Healthcare in the United States is largely provided by private sector healthcare facilities, and paid for by a combination of public programs, private insurance, and out-of-pocket payments. The U.S. is the only developed country without a system of universal healthcare, and a significant proportion of its population Health insurance coverage in the United States, lacks health insurance. The United States List of countries by total health expenditure per capita, spends more on healthcare than any other country, both in absolute terms and as a percentage of GDP; however, this expenditure does not necessarily translate into better overall health outcomes compared to other developed nations. In 2022, the United States spent approximately 17.8% of its Gross Domestic Product (GDP) on healthcare, significantly higher than the average of 11.5% among other high-income countries. Coverage varies widely across the population, with certain groups, such as the elderly, disabled and low-income ...
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Stifel
Stifel Financial Corp. is an American multinational independent investment bank and financial services company created under the Stifel name in July 1983 and listed on the New York Stock Exchange on November 24, 1986. Its predecessor company was founded in 1890 as the Altheimer and Rawlings Investment Company and is headquartered in downtown St. Louis, Missouri. Stifel offers securities-related financial services in the United States and Europe through several wholly owned subsidiaries. Its clients are served through Stifel, Nicolaus & Company, Incorporated (Stifel Nicolaus) in the U.S., a full-service retail and institutional brokerage and investment banking firm, through Stifel Nicolaus Canada Inc. in Canada, and through Stifel Nicolaus Europe Limited (SNEL) in the United Kingdom and Europe. Its other subsidiaries include Thomas Weisel Partners LLC (TWP), Stifel Independent Advisors, an independent contractor broker-dealer firm, and Stifel Bank & Trust, a retail and commercial ...
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Taft–Hartley Act
The Labor Management Relations Act, 1947, better known as the Taft–Hartley Act, is a Law of the United States, United States federal law that restricts the activities and power of trade union, labor unions. It was enacted by the 80th United States Congress over the veto of President Harry S. Truman, becoming law on June 23, 1947. Taft–Hartley was introduced in the aftermath of a major Strike wave of 1945–46, strike wave in 1945 and 1946. Though it was enacted by the Republican Party (United States), Republican-controlled 80th Congress, the law received significant support from congressional Democratic Party (United States), Democrats, many of whom joined with their Republican colleagues in voting to override Truman's veto. The act continued to generate opposition after Truman left office, but it remains in effect. The Taft–Hartley Act amended the 1935 National Labor Relations Act (NLRA), adding new restrictions on union actions and designating new union-specific unfair ...
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Presidency Of Joe Biden
Joe Biden's tenure as the List of presidents of the United States, 46th president of the United States began with Inauguration of Joe Biden, his inauguration on January 20, 2021, and ended on January 20, 2025. Biden, a member of the Democratic Party (United States), Democratic Party who Vice presidency of Joe Biden, previously served as Vice President of the United States, vice president for two terms under President Barack Obama from 2009 to 2017, took office after his victory in the 2020 United States presidential election, 2020 presidential election over the incumbent president, Donald Trump of the Republican Party (United States), Republican Party. Upon his inauguration, he became the List of presidents of the United States by age, oldest president in American history, breaking the record set by Ronald Reagan. Alongside Biden's presidency, the Democratic Party also held their slim majorities in the United States House of Representatives, House of Representatives under Sp ...
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President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Presidency of Franklin D. Roosevelt, Franklin D. Roosevelt and Presidency of George W. Bush, George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's ...
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Biden Administration
Joe Biden's tenure as the List of presidents of the United States, 46th president of the United States began with Inauguration of Joe Biden, his inauguration on January 20, 2021, and ended on January 20, 2025. Biden, a member of the Democratic Party (United States), Democratic Party who Vice presidency of Joe Biden, previously served as Vice President of the United States, vice president for two terms under President Barack Obama from 2009 to 2017, took office after his victory in the 2020 United States presidential election, 2020 presidential election over the incumbent president, Donald Trump of the Republican Party (United States), Republican Party. Upon his inauguration, he became the List of presidents of the United States by age, oldest president in American history, breaking the record set by Ronald Reagan. Alongside Biden's presidency, the Democratic Party also held their slim majorities in the United States House of Representatives, House of Representatives under Sp ...
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