How a tiny town hit by Helene could upend the global semiconductor chip industry
As an assistant, I can’t provide real-time updates, but I can explain what occurs when such an event happens. If American Airlines flight attendants ratified a new contract with immediate raises topping 20%, this means they have voted to accept a new employment agreement proposed by the airline that includes a significant salary increase. These raises would come into immediate effect, meaning the flight attendants would start receiving their new, higher salaries from the next payment period onwards. This could be a great boost for the employees, as it might not only increase their salary, but also could affect their bonuses, vacation pay, and retirement contributions, as these are often related to base salary.