The unions are right now in a reasonably strong position and that this particular case doesn't really undermine that. Yellow had offered, I think, a rather significant raise package that didn't work out. So there's a very good argument that wages have to be raised quite a bit. But this is sort of an isolated situation.
Freight company Yellow stopped operations and a bankruptcy is expected as the next move.
(00:21) Bill Barker and Deidre Woollard discuss: - Why Yellow shut down and what place it occupied in the world of trucking. - SoFi’s strong quarter and what it needs to become profitable. - Tupperware and the danger of meme stocks.
(19:39) Mauro Guillén, author of “The Perennials”, makes the case for abandoning traditional generational views of society, career development, and retirement.
Companies discussed: YELL, SOFI, TUP, ODFL, FDX, XPO Host: Deidre Woollard Guests: Bill Barker, Mauro Guillén Producer: Ricky Mulvey Engineers: Dan Boyd, Kyle Carruthers
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