Brown University in Providence, R.I., will stop investing new endowment funds in HEI Hotels Inc. amid questions about labor practices at two of the Norwalk-based company's properties.
The decision, which doesn't affect current investments, heeds a recommendation by Brown's committee on investment ethics following concerns raised by a student group after the company fired an employee who was also a union leader.
"Brown's Student Labor Alliance appreciates the university's decision and hopes HEI will start respecting workers' rights," said Haley Kossek, a member of Student Labor Alliance. "We also appreciate the school's leadership and hope that other schools that invest in HEI will follow Brown's example."
Disneyland Resort officials are breaking a negotiations stalemate with their hotel union by offering a new proposal three years after the contract expired.
Disney and the 2,100-member union, Unite Here Local 11, have engaged in a fierce battle marred by dozens of union protests, a one-day strike, walkouts and a week-long hunger strike. This is Disney’s first new proposal in more than a year and a half. The last contract expired Jan. 31, 2008.
LOS ANGELES – Workers from the Wilshire Hotel are on strike today, after hotel owner Leo Lee slashed workers’ wages and benefits.
For example, Lee cut wages of workers earning about $10 an hour to the state’s minimum wage of $8 an hour, while others earning about $13.70 were cut to about $10 an hour. He also drastically cut workers’ healthcare benefits.
At the Wilshire Hotel, formerly the Wilshire Plaza, workers have been working under an expired contract since 2006. They have not received a wage raise in more than four years.
The president of Brown University, located in Providence, R.I., is considering an advisory committee's recommendation that it stop investing in HEI Hotels & Resorts as the Norwalk-based hospitality investment firm faces scrutiny over its labor practices.