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Dustin Dwyer · Midwest Memo: Indiana Votes On Right To Work, Chrysler Profits, Detroit Has A (Tentative) Deal
February 1st, 2012
Right to Work, right away Indiana is expected to be the first state in the industrial Midwest to become a Right to Work state. And it could happen as soon as today. Right to Work rules prohibit companies from negotiating contracts with their unions that make union membership mandatory. Instead, workers will have a choice whether to join the union. Business leaders say the changes will make Indiana more competitive. Union leaders say the changes will let some workers benefit from union bargaining without having to pay to support the union. They say it will ultimately weaken the union.
Pentastar profits Chrysler had its first profitable year since 1997.
Start up money A group of 44 Chicago business leaders are starting a new tech investment fund. Meanwhile, the state of Michigan is thinking of launching its own start-up fund.
Honda invests Honda is expected to announce new investments in two Ohio plants today.
A deal in Detroit The Detroit Free Press reports the city has reached agreements with its unions that could keep the city solvent, and avoid a state takeover.
