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Stock impact report

US West Coast port workers shut some terminals in showdown over pay [Reuters]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Reuters
The Pacific Maritime Association (PMA), which represents terminal operators, said union workers have "effectively shut down" or "severely impacted" some terminals at ports including Los Angeles, Long Beach and Oakland in California and Tacoma and Seattle in Washington state. The latest work actions come as labor talks between the PMA and the International Longshore and Warehouse Union (ILWU) stretch into their 13th month. Negotiators are in their final push, with wages and benefits remaining. A source told Reuters talks broke down on Thursday because the two sides are far apart on pay. ILWU International President Willie Adams in a statement said talks are ongoing. He vowed to continue fighting for members who kept goods flowing through the COVID-19 shudowns, risking severe illness and even death. The contract covering those members expired in July. "We aren't going to settle for an economic package that doesn't recognize the heroic efforts and personal sacrifices of the ILWU Show less Read more
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