Today in 2009 President Barack Obama imposes $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with “executives being rewarded for failure.”
• Union-made holiday gift guide • 2023: The year of labor strikes • A new path for unionizing Uber and Lyft • The big barrier to UAW’s non-union auto plant drive • O’Brien to UPS: Teamsters in Louisville may strike over ULPs • Washington Post staffers protest with 24-hour strike for fair pay • 1,000+ workers sign up to unionize at top US VW plant debt
