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Unions’ Picket Power Now Extends to U.S. Boardrooms
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 Apr. 8, 2024 | UNION POWER | U.S. Steelworkers are fighting a takeover by Japan’s Nippon. Railroad unions have rallied around Norfolk Southern’s CEO in opposing a hedge fund trying to take over its board of directors. Regulators are trying to block the biggest grocery-store merger in U.S. history because it would undercut unionized workers’ ability to successfully strike. The power unions won last year on the picket line is now being wielded in the boardroom, with support from President Joe Biden, a proud union man who has aimed his corporate regulators toward labor practices he views as unfair. “We saw the collective bargaining wins last year, but now we’re seeing the other playing fields where having a strong labor union can make a difference,” said Sharon Block, a former Biden adviser who now teaches at Harvard. semafor.com
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