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September 26, 2018

On This Day in 1908
The first production Ford Model T leaves the Piquette Plant in Detroit, Mich. It was the first car ever manufactured on an assembly line, with interchangeable parts. The auto industry was to become a major U.S. employer, accounting for as many as one of every eight to 10 jobs in the country.

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Teamsters Union Claims Big Win vs. Largest Opioid Distributor
Posted On: Nov 22, 2017
Nov. 22, 2017 | ADVOCACY | In what is a big win for shareholder activism, and in particular for Teamsters Secretary-Treasurer Ken Hall, stockholders in the nation’s largest opioid distributor, McKesson, voted down the firm’s compensation policies and ordered the board to split the positions of chairman and CEO. The twin moves punished current boss John Hammergren for his failure to halt the company’s role in the opioid scourge. “For the first time ever, shareholders voted to hold a company accountable for its role in the opioid epidemic,” said Hall, a West Virginian whose state has been hit notably hard by the plague. Hall also said the vote “should serve as a warning” to the nation’s other big drug distributors that their shareholders, too, want to hold corporate conduct accountable… Press Associates

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Updated: Sep. 26 (05:00)

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