Tribune executive defends proposed bonuses of up to $70 million in bankruptcy hearingSeptember 25th, 2009 Tribune exec defends bonus plan in Ch. 11 hearingWILMINGTON, Del.
Freedom Communications seeks bankruptcy judge's OK to hire broker for Phoenix-area newspapersSeptember 18th, 2009 Freedom seeks broker for Phoenix-area newspapersMESA, Ariz. — Freedom Communications is asking a bankruptcy judge to allow it to hire a broker to pursue the sale of its Phoenix-area publications, including the East Valley Tribune.
San Diego Union-Tribune announces new round of job cutsAugust 13th, 2009 San Diego Union-Tribune announces more job cutsSAN DIEGO — The new owners of the San Diego Union-Tribune have announced the second round of layoffs since completing their acquisition of the newspaper in May. The company said Wednesday it is eliminating an undisclosed number of jobs as part of a package of initiatives it said would bolster growth.
Bankruptcy judge gives newspaper union access to Tribune bonus informationAugust 11th, 2009 Newspaper union to see Tribune bonus informationWILMINGTON, Del. — A federal bankruptcy judge in Delaware says a union representing newspaper workers can see details about the Tribune Co.'s proposal to give bonuses totaling up to $70 million to the company's top managers.
Goodyear offers buyout packages to 550 Steelworkers at Union City, Tenn. plantJune 20th, 2009 Goodyear taking $60 million restructuring chargeAKRON, Ohio — The Goodyear Tire & Rubber Co. is offering buyout packages to 550 workers at its tire plant in Union City, Tenn., as the company reduces costs due to weak demand.
Star Tribune Co. files reorganization plan with goal of emerging from bankruptcy in fallJune 19th, 2009 Star Tribune Co. files bankruptcy reorganizationMINNEAPOLIS — The Star Tribune Co.
Group of bondholders, trio of unions file objections to GM sale planJune 19th, 2009 Bondholders, unions file objections to GM saleNEW YORK — A group of General Motors Corp. bondholders and some of the automaker's labor unions have filed objections to the company's plan to sell its assets to a new company to emerge from bankruptcy protection.
Union, Star Tribune in Minneapolis have tentative agree contract; members vote WednesdayJune 13th, 2009 Union, Minneapolis paper have tentative agreementMINNEAPOLIS — A Teamsters official says the union representing drivers and the Star Tribune have tentatively agreed to a contract. Bob Moore, business agent for Teamsters Local 638, says the tentative agreement was reached Friday evening.
Both sides agree to delay hearing on Star Tribune request to terminate union drivers' contractJune 5th, 2009 Hearing delayed on Star Tribune drivers' contractMINNEAPOLIS — A Teamsters official says the union and the Star Tribune have agreed to postpone a bankruptcy court hearing set for next week on the newspaper's request to cancel its contract with unionized drivers. Bob Moore, business agent for Teamsters Local 638, says the newspaper asked for more information about the drivers' pension.
GM in last-ditch talks to avoid bankruptcy as deadline looms (Lead)May 23rd, 2009 CHICAGO - General Motors (GM) has reached a tentative labour agreement with the United Auto Workers (UAW) union in a bid to remove one of the major obstacles in its restructuring. According to Detroit News, GM autoworkers are to vote soon on the deal, as the company moves toward a government-imposed June 1 deadline to restructure or file for bankruptcy.
IRS auditing Tribune Co. employee stock ownership planMay 13th, 2009 IRS auditing Tribune employee stock planCHICAGO — The Internal Revenue Service is auditing a Tribune Co. deal involving its employee stock ownership plan, a major piece of Sam Zell's plan to take his media company private.
Judge considers Tribune requests to make bonus, severance paymentsMay 12th, 2009 Judge weighs Tribune employee paymentsWILMINGTON, Del. — A Delaware bankruptcy judge is set to hear arguments on a request by the Tribune Co.
Rights to Dick Tracy character among pending issues in Tribune bankruptcy caseApril 30th, 2009 Hearing scheduled in Tribune bankruptcyWILMINGTON, Del. — Attorneys are headed to court to discuss Tribune Co.'s assertion that it owns the television and movie rights to comic book character Dick Tracy.
Bankruptcy filing shows Tribune plans to pay Zell's legal billsApril 29th, 2009 Tribune to pay Zell's legal billsCHICAGO — Tribune Co. will pay the legal bills of Chairman and Chief Executive Sam Zell related to a federal corruption investigation into former Gov.
Star Tribune, Newspaper Guild reach tentative contract agreement with cutsApril 24th, 2009 Star Tribune, union reach tentative agreementMINNEAPOLIS — A tentative three-year contract agreement has been reached between the Star Tribune and the union representing nearly 275 newsroom workers. The agreement reached by leaders of the Newspaper Guild, the largest union at the newspaper, includes a 3 percent cut in base wage scales and a 30 percent reduction in any merit pay above those scales.