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WGAE Members at CBS News Digital Ratify First Union Contract, Including AI Protections
The unanimous ratification happened after more than a year of negotiations Writers Guild of America East members at CBS News Digital have reached a deal with management on their first collective bargaining agreement. The contract was unanimously ratified by the 46-member bargaining unit after a year of negotiations. The union covers writers, reporters, editors, and producers at CBS News' digital platforms including its mobile website, social media channels and the CBS News app. More from TheWrap WGAE Members at CBS News Digital Ratify First Union Contract, Including AI Protections 'Daily Show' Slams Trump Administration's Push to Discuss Religion at Work: 'Absolutely Not' | Video 'I Know What You Did Last Summer' Star Chase Sui Wonders Recalls 'Embarrassing Moment' Quoting 'Scooby-Doo' to Freddie Prinze Jr. | Video Seth Meyers Gets Karoline Leavitt to Roast Trump in Fake Press Conference | Video The three-year contract establishes minimum salaries and guaranteed pay raises for all job titles. The contract also addresses the critical issue of worker safety on late-night/early-morning commutes by guaranteeing extra pay for working overnight shifts, long days and weeks and standby shifts. Additional highlights from the contract include either a 3% increase or a ratification bonus in year 1 of the contract; a guaranteed minimum 3.5% pay increase in year two and a 3% pay increase in year three of the contract; guaranteed minimum severance for layoffs (two weeks pay for every year of service with a minimum of eight weeks); a path for promotion to senior reporter; the codification of existing remote work policies for current employees through December 31, 2027 – employees working on a hybrid basis will not be required to work more than two days in-office; employees working fully remote will continue to do so; extra pay for working for short turnaround times, standby assignments, and upgraded work; the option to be paid out for earned comp time; employment protections regarding Generative AI, including 1.5 times severance if laid off because of its implementation. 'After organizing in 2024 with the goal of securing critical workplace protections, we're proud to have won a strong first contract for our members at CBS News Digital,' says Beth Godvik, WGAE VP of Broadcast/Cable/Streaming News, in an official statement. 'Establishing protections like guaranteed raises and pay that actually matches the job duties being performed will allow our members to build sustainable careers in News.' In its Broadcast/Cable/Streaming News sector, the WGAE also represents workers at 1010 WINS, ABC News, Audacy (WCBS-AM, WBBM-AM, and KNX-AM), CBS News, CBS 24.7 (formerly CBSN), Fox 5 WNYW-TV, MSNBC, NBC Promo Writers, Thirteen Productions (Thirteen/WNET), and WBBM / CBS 2 News. The post WGAE Members at CBS News Digital Ratify First Union Contract, Including AI Protections appeared first on TheWrap.
Yahoo
16 minutes ago
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Trump Crypto Group Offers Proposals to Boost Digital Finance
(Bloomberg) -- A group charged by President Donald Trump with recommending policies on crypto markets called on federal regulators to use their authority to provide more clear rules on the trading of digital assets and ease the adoption of new financial products in a report released on Wednesday. The World's Data Center Capital Has Residents Surrounded An Abandoned Art-Deco Landmark in Buffalo Awaits Revival Budapest's Most Historic Site Gets a Controversial Rebuild San Francisco in Talks With Vanderbilt for Downtown Campus Boston's Dumpsters Overflow as Trash-Strike Summer Drags On 'By implementing these recommendations, policymakers can ensure that the United States leads the blockchain revolution and ushers in the Golden Age of Crypto,' the White House said in a fact sheet on the report from the Working Group on Digital Asset Markets. The policy proposals from the group, which was established by an executive order signed by Trump in January, touch on a wide range of issues in the digital asset space. Those include calls for Congress to pass the Digital Asset Market Clarity Act to eliminate gaps in regulatory oversight by providing the Commodity Futures Trading Commission authority to 'oversee spot markets for non-security digital assets' and measures that embrace decentralized finance technologies. The report urges the Securities and Exchange Commission and CFTC to use their existing powers to 'immediately enable the trading of digital assets at the federal level' by providing more clarity on issues such as registration, custody, trading and recordkeeping. And it calls for allowing 'innovative financial products to reach consumers without bureaucratic delays,' recommending the use of so-called safe harbors and other regulatory tools, according to the fact sheet. Earlier: Trump Signs Stablecoin Bill, Delivering Win for Crypto Industry The report also presses regulators to clarify 'permissible bank activities' in regards to stablecoin issues and the use of blockchains, promote transparency on how institutions can obtain bank charters and ensure that bank capital rules better reflect the risks particular to digital assets. The working group's recommendations come after Trump earlier this month signed the first congressional bill to regulate stablecoins, delivering a major win for the crypto industry. That law sets regulatory rules for US dollar-backed stablecoins that advocates see as allowing for the broader adoption of digital assets in finance. Trump, once a skeptic of cryptocurrencies, grew to become a champion of the industry, vowing during the 2024 campaign to usher in policies that would ease regulatory burdens. That election also heralded the arrival of the crypto industry as a political force, with investors and executives using well-funded political action committees to back friendly candidates. In office, Trump tapped venture capitalist David Sacks to be the first-ever White House artificial intelligence and crypto czar and signed an executive order calling for the creation of a Strategic Bitcoin Reserve and a separate stockpile of other digital assets. The White House plans to provide additional details about the Strategic Bitcoin Reserve in short order, according to an administration official who spoke on condition of anonymity Wednesday because the plans haven't been made public. The reserve is expected to be comprised of about 198,000 Bitcoin that the US government has seized from criminal cases and other proceedings, according to Arkham, a company that tracks cryptocurrency activity. Various agencies were supposed to provide the Treasury Department with the exact count of their Bitcoin holdings earlier this year. An executive order from Trump in January instructed the Treasury to hold and to not sell those Bitcoin. The Treasury and Commerce departments have also been directed to find 'budget neutral' ways to acquire more Bitcoin. Many crypto investors are eager to learn more about the amount the government plans to buy and how it will do so, as large purchases typically move Bitcoin's price. Among the Wednesday report's other recommendations are a call for the Treasury Department and other regulators to provide more clarity on Bank Secrecy Act obligations and reporting requirements to better crack down on money laundering. On tax policy, the report's authors urge Congress to pass legislation that 'treats digital assets as a new class of assets subject to modified versions of tax rules applicable to securities or commodities' for federal tax purposes. It also seeks legislation to add digital assets to the list of assets subject to so-called wash sale rules, which aim to prevent an investor from claiming tax losses on a security if they repurchase a similar security within a certain time period. A And it suggests that the Treasury and Internal Revenue Service provide guidance on digital assets in regards to the corporate alternative minimum tax and other matters. --With assistance from Olga Kharif and Jennifer A. Dlouhy. (Updates with additional details on Bitcoin reserve in ninth through 11th paragraphs) It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Burning Man Is Burning Through Cash Russia Builds a New Web Around Kremlin's Handpicked Super App Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts ©2025 Bloomberg L.P. 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Yahoo
16 minutes ago
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People Can't Believe This GOP Senator's Comments After The Shooting In Midtown Manhattan Are Real
Sen. John Kennedy (R-La.) joined Fox News on Monday to dismiss the idea of legislation aimed at preventing gun violence, just hours after a gunman killed four people in an office building in New York City's Midtown Manhattan neighborhood. Kennedy told Fox News' Sean Hannity that 'all you can do in a time like this is be sorry' for the victims of the mass shooting before predicting that some of his colleagues will call for more gun control laws on Tuesday morning. 'We've got hundreds of gun control laws, Sean. Maybe thousands,' he said. He later added, 'We don't need more gun control. We need more idiot control. And I don't know exactly how to do that but I do know this — I don't want to hear anyone feeling sorry for this guy who did this.' Related: Elsewhere in the interview, Kennedy entertained the return of a 'more aggressive' version of the controversial 'stop and frisk' policing strategy in New York City, one that was found unconstitutional in 2013 as evidence showed it was used to frequently target Black and Hispanic people. Kennedy has been a gun control opponent and has received a 92% rating or higher from the National Rifle Association since his first successful Senate campaign in 2016, according to the nonprofit Vote Smart. Kennedy has resorted to his 'idiot control' line in response to several instances of gun violence over the years, including the Apalachee High School shooting in 2024, the Boulder supermarket shooting in 2021, and the Parkland school shooting in 2018. Related: Monday's slaughter in Midtown Manhattan joins the over 250 mass shootings in the US in 2025, according to the Gun Violence Archive. There have been 8,590 deaths due to gun violence in the U.S. so far this year and 15,704 injuries. The motive of the gunman, who killed himself, remains unclear, officials said. @Acyn / Fox News / Via Critics on social media critiqued the senator over his call to action. @hemantmehta / Fox News / Via Related: @andres412 / Fox News / Via Related: @gatesisthedevil / Via This article originally appeared on HuffPost. Also in In the News: Also in In the News: Also in In the News: