One Day of Warren Buffett Wealth Gains Could Cover Rail Workers' Paid Sick Leave

Canada News News

One Day of Warren Buffett Wealth Gains Could Cover Rail Workers' Paid Sick Leave
Canada Latest News,Canada Headlines
  • 📰 truthout
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

The CEO of BNSF Railway's parent company saw his wealth jump by nearly $1.4 billion in a single day earlier this week.

Billionaire Warren Buffett, one of the wealthiest men in the world and the CEO of BNSF Railway’s parent company, saw his wealth jump by nearly $1.4 billion in a single day earlier this week, a sum that could easily fund 15 days of paid sick leave for every rail worker in the United States.

BNSF is one of the major railroad giants refusing to budge in contract negotiations with rail unions as they fight for 15 days of paid sick leave. Under a White House-brokered contract that major rail unions haveA nationwide rail strike or lockout with major implications for the U.S. economy could begin as soon as December 9 if rail companies and unions don’t reach a contract deal.

“In one day, Mr. Buffett made twice as much money as it would cost to guarantee 15 paid sick days a year to every rail worker in America,” Sen. Bernie Sanders Warren Gunnels, Sanders’ staff director, reiterated that message Thursday,, “Can’t stop thinking about how Warren Buffett, the owner of BNSF Rail, made more money in one day than it would cost to guarantee 15 paid sick days to rail workers.”

“Buffett could avert a rail strike today by giving workers what they need: paid sick days,” Gunnels added. “That’s how you give thanks.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

truthout /  🏆 69. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bernie Sanders calls out Warren Buffett for getting richer as rail workers fight for better working conditionsBernie Sanders calls out Warren Buffett for getting richer as rail workers fight for better working conditionsSen. Bernie Sanders has called out Warren Buffett for making billions of dollars, while rail employees are fighting for paid sick leave and better working conditions.
Read more »

Former SF tech CEO shuttered offices here because of ‘techlash’Former SF tech CEO shuttered offices here because of ‘techlash’Last year, the cryptocurrency exchange announced it was closing its San Francisco offices.
Read more »

Disney CEO Bob Iger to hold town hall with employees on MondayDisney CEO Bob Iger to hold town hall with employees on MondayDisney CEO Bob Iger to speak with Disney employees at town hall on Monday, a week after he was rehired.
Read more »

STOCK MARKET NEWS: Fed minutes juice stocks, FTX fallout ongoing, Walmart CEO responds to shootingSTOCK MARKET NEWS: Fed minutes juice stocks, FTX fallout ongoing, Walmart CEO responds to shootingStock investors wrap a short Thanksgiving trading week, FTX fallout widens, HP joins tech giants cutting jobs and Federal Reserve minutes on the docket as retail sales roll in ahead of Black Friday. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Read more »

Block.one and its CEO become largest Silvergate Capital shareholdersBlock.one and its CEO become largest Silvergate Capital shareholdersBlock.one, the company that originally developed the EOSIO blockchain platform, has bought close to 10% of the shares in transfer network Silvergate Bank’s Silvergate Capital holding company.
Read more »

Love Field is ready for holiday travelers, former Dallas aviation director says - CEO SpotlightLove Field is ready for holiday travelers, former Dallas aviation director says - CEO SpotlightMark Duebner, the former director of aviation for the city of Dallas, tells KRLD's David Johnson that COVID-19 was the 'most disruptive' thing he experienced in his years leading Love Field and that the airport is ready for the busy holiday travel season. Duebner is now the vice president of corporate real estate and airport affairs at JSX.
Read more »



Render Time: 2025-02-27 20:46:39