🚨Axios PM: Holiday strike alarm

Plus: Biden turkey pardon | Monday, November 21, 2022

Open in app View in browser   Presented By BlackRock   Axios PM By Mike Allen · Nov 21, 2022 Good afternoon: Today's PM — edited by Justin Green — is 369 words, a 1.5-minute read.     🚊1 big thing: Holiday strike alarm Illustration: Aïda Amer/Axios   The trains might not be running during the Christmas holidays, Axios Markets co-author Emily Peck reports. A strike looms after Dec. 9 since the railroad conductors union rejected a Biden-brokered labor deal. Why it matters: Any disruption to freight rail service would be a blow to the supply chain recovery and the economy. A long-lasting strike could even tip the country into recession, according to the American Chemistry Council. Between the lines: Sick leave is a main sticking point, not pay. Rank-and-file members are angry about how they've been treated in recent years — particularly during the pandemic. What's next: The freight rail companies will start shutting down certain shipments ahead of a potential strike. In the run-up to the labor deal brokered in September, the rail companies stopped shipments of all hazardous chemicals. Share this story.     2. Thanksgiving at 1600 Penn Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images President Biden pardoned Chocolate, a 46-pound monster of a turkey from a farm in North Carolina, today in the annual White House Turkey Pardon on the South Lawn. Chocolate and his counterpart, Chip, will live out their lives at North Carolina State University. Photo: Andrew Harnik/AP The Bidens are flying to North Carolina today to serve a Friendsgiving dinner to the troops and military families, he said.     A message from BlackRock What's behind sinking confidence around retirement investing?     Inflation and Covid-19 have taken a toll on people's ability to invest for retirement. BlackRock's 2022 Read on Retirement research explores how various generations are approaching life after work. Learn about BlackRock's commitment to providing retirement income solutions for Americans.     3. Catch up quick Photo: NASA TV NASA's Orion spacecraft, with three test dummies aboard, passed just 81 miles above the Moon after an engine burn required for the capsule to get into orbit around the natural satellite this week. Go deeper. The Club Q shooting suspect is facing multiple murder and hate crime charges in the attack that killed five people, according to a Colorado Springs city spokesperson. Go deeper. Ukrainian authorities have begun evacuating civilians from recently liberated sections of the country, fearing that a lack of heat, power and water due to Russian shelling will make conditions too unlivable this winter, AP reports.     ⚽️ 4. Golden generation hits World Cup Data: Transfermarkt; Infographic: Thomas Oide and Maura Losch/Axios The USMNT, which opened its World Cup play today against Wales (final score: 1-1), has the second-youngest roster in Qatar. It has perhaps the most talented squad in its history, at least on paper, Axios' Kendall Baker and Thomas Oide report. Share this chart.     A message from BlackRock Invested in the future of communities     At BlackRock, we are serving the communities that help the country thrive. We are proud to invest in the projects that build our economy, with $20 billion in U.S. roads, bridges and transportation invested on behalf of our clients. Learn more.   Thanks to Sheryl Miller for copy editing today's PM. Are you a fan of this email format? Your essential communications — to staff, clients and other stakeholders — can have the same style. Axios HQ, a powerful platform, will help you do it.   Axios thanks our partners for supporting our newsletters. If you're interested in advertising, learn more here. Sponsorship has no influence on editorial content. Axios, 3100 Clarendon B‌lvd, Arlington VA 22201   You received this email because you signed up for newsletters from Axios. Change your preferences or unsubscribe here.   Was this email forwarded to you? Sign up now to get Axios in your inbox.   Follow Axios on social media: