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Stock impact report

RPT-U.S. union boss heads to oil contract talks after win for steelworkers [Reuters]

Marathon Petroleum Corporation (MPC) 
Last marathon petroleum corporation earnings: 1/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.marathonpetroleum.com
Company Research Source: Reuters
RPT-U.S. union boss heads to oil contract talks after win for steelworkers (Repeats with no changes) By Erwin Seba HOUSTON, Jan 16 (Reuters) - Buoyed by concluding a big pay raise for steel workers last month, a United Steelworkers union top negotiator squares off on Wednesday against oil companies seeking to win a 24 percent wage hike for 30,000 refinery and chemical employees. The stakes are high for the union and oil industry, which scored big profits last year from refining and chemicals. The talks are the first since 2015 when a stalemate led to rolling strikes that sent more than 7,000 workers off their jobs at 12 U.S. refineries and three chemical plants. The union’s co-negotiator, USW International Vice President Tom Conway, is a 6-foot-tall former Bethlehem Steel millwright with a reputation as a bulldog, according to associates. He faces negotiators from Royal Dutch Shell Plc’s U.S. arm, which has represented the oil industry in talks since 1997. Conway led USW negotiations Show less Read more
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