Amazon's Betting Big on This Unknown AI Company

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Honda Faces Union-Busting Allegations At Indiana Plant (UPDATED)

Benzinga Neuro
June 21, 2024

Editor’s note: This story has been updated with a statement from Honda.

In an ongoing unionization battle, the National Labor Relations Board (NLRB) has accused Honda Motor Co (NYSE:HMC) of violating workers’ rights at its Indiana plant.

What Happened: The NLRB has accused Honda of unlawfully suppressing union organizing efforts at its Greensburg, Indiana factory, Reuters reported on Friday. The accusations include forcing workers to remove United Auto Workers (UAW) stickers from their safety helmets, illegal surveillance of employees, and threatening disciplinary action against union supporters.

The Japanese automaker is charged with violating U.S. labor laws that protect workers’ rights to unionize and advocate for improved working conditions. If Honda does not settle the claims, an administrative judge will hold a hearing in October.

See Also: Elon Musk Lures Tesla Employees With Stock Awards After His $56B Pay Package Receives Shareholder Backing

“The allegations of wrongdoing in the complaint are without merit, and Honda looks forward to a hearing. Filing Unfair Labor Practice (ULP) charges is a common tactic used by the union to generate publicity and attention for their organizing campaigns,” a Honda spokesperson told Benzinga in a statement.

Why It Matters: This is the latest in a series of events involving unionization efforts in the auto industry. The UAW has been actively pursuing unionization at various auto plants, including those of Tesla Inc., Hyundai, and Volkswagen, leading to legal actions against these companies.

In January, a group of 33 senators urged Tesla, Honda and 11 other automakers to adopt a neutral stance in the ongoing UAW unionization efforts at U.S. auto plants.

Read Next: Elon Musk’s SpaceX Starts Selling ‘Mini’ Starlink Dishes That Fit In Backpack: Here’s How Much It Costs

Image Via Shutterstock

This story was generated using Benzinga Neuro and edited by Pooja Rajkumari

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