UPS’s tentative labor deal with the Teamsters hasn’t even taken effect yet. But it has already taken a bite out of its earnings and revenue, as both fell in the second quarter ahead of the deal being reached.
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And yet the separation between rich and poor has grown exponentially over the past few decades. I don’t understand how this position is defensible. Fairness is needed not the continued exploitation of those not lucky enough to fall into wealth. And that’s all it is with millionaires, gambling, exploiting and a little luck. Every single one of them.
