AT&T reaches tentative agreement with union covering 8,900 core wireline employeesAugust 17th, 2009 AT&T reaches deal with some electrical workersDALLAS — AT&T Inc. said Sunday it reached tentative agreement with a union covering about 8,900 of its electrical workers on new contract terms.
YRC Worldwide posts 2nd-qtr loss as customers flee amid bankruptcy rumors; demand plummetsJuly 30th, 2009 YRC Worldwide posts huge 2Q loss as customers fleeNEW YORK — YRC Worldwide Inc., one of the country's largest trucking companies, posted a huge second-quarter loss on Thursday as customers defected amid bankruptcy rumors and the recession continued to depress shipping demand. The Overland Park, Kan.-based company — which runs trucks across the nation under the Yellow Transportation and Roadway names— on Thursday posted a loss of $309 million, or $5.20 per share, compared with profit of $35.8 million, or 62 cents per share a year ago.
Hyundai workers end strike after reaching deal with managementJuly 28th, 2009 CHENNAI - The six-day workers' strike at the Hyundai Motor plant near here came to an end Tuesday following an agreement between employees and the company management. The agreement has been signed in the presence of Labour Minister T.M.
Boston Globe's largest union set to vote for 2nd time on contract with deep wage, benefit cutsJuly 19th, 2009 Boston Globe union to vote again on new contractBOSTON — Members of The Boston Globe's largest labor union will decide this week whether to accept a new contract that makes deep cuts to wages and benefits. Monday's vote will be the second in two months for the Boston Newspaper Guild, which narrowly rejected a similar deal in June.
Ilikai workers OK new contract, leading to reopening of Waikiki hotelJuly 16th, 2009 Ilikai workers OK new contractHONOLULU — Union workers let go from their jobs at the Ilikai have ratified a new contract that will lead to the reopening of the iconic hotel in Waikiki. The outcome of Wednesday's vote was announced by union officials.
AT&T and union reach tentative deal for 18,500 workers after long negotiationsJuly 15th, 2009 AT&T, union reach tentative contract dealNEW YORK — AT&T Inc. and its largest union have tentatively agreed on a new contract for 18,500 employees in the Midwest.
Air Canada reaches labor deal with mechanics unionJuly 15th, 2009 Air Canada reaches deal with mechanics unionTORONTO — The largest union at Air Canada has approved a 21-month labor contract, considered a critical factor in keeping the airline out of bankruptcy court. The International Association of Machinists and Aerospace Workers said Wednesday members voted 60 percent in favor of the deal this week.
YRC, Teamsters reach tentative deal for 5 pct. wage cut and pension deferralJuly 14th, 2009 YRC, Teamsters reach deal for 5 pct. wage cutNEW YORK — YRC Worldwide Inc.
YRC, Teamsters reach tentative deal for 5 percent wage cut and pension deferralJuly 14th, 2009 YRC, Teamsters reach tentative wage cut dealNEW YORK — YRC Worldwide Inc. and union workers have reached a tentative deal to cut wages by an additional 5 percent and end pension contributions for 18 months, in an effort to lower the struggling trucker's costs.
YRC, Teamsters reach tentative deal for 5 pct. wage cut and pension deferral, according to TDUJuly 14th, 2009 TDU: YRC, Teamsters reach deal for 5 pct. wage cutNEW YORK — The Teamsters for a Democratic Union Web site said Tuesday that YRC Worldwide Inc.
Restructuring consultant says rumors swirling about possible YRC Worldwide are 'overblown'July 8th, 2009 Source: Trucker bankruptcy rumors 'overblown'NEW YORK — An executive from one of the companies called upon to offer a restructuring plan for YRC Worldwide Inc. said Wednesday the prediction the beleaguered trucker will soon file for bankruptcy is "overblown."
Financial adviser Tenex Capital Management is guiding the company through the steps of restructuring while avoiding a bankruptcy filing.
New pension system to be offered to more segmentsJuly 2nd, 2009 CHENNAI - Expressing satisfaction over pension sector reforms, the government in its Economic Survey 2008-09 has said the new pension system (NPS) will be offered to more segments. "Efforts are underway to extend the NPS to new segments (autonomous bodies, state governments and unorganised sector) and introducing micro-pension initiatives," said the survey tabled in parliament Thursday.
Safeway says union agrees to June 26 contract extension for Colorado grocery workersJune 5th, 2009 Safeway: Colo. workers' contract extended againDENVER — Safeway says its unionized Colorado grocery workers have agreed to extend their labor contract again until June 26.
Safeway, union workers agree to continue labor talks as strike threat loomsMay 10th, 2009 Safeway, workers agree to continue labor talksDENVER — With the threat of a strike looming, Safeway agreed to resume negotiations with its union workers a day after they authorized a strike, a company spokeswoman said Sunday. The labor contract between Safeway and its workers expired Saturday night without a new labor agreement and workers were planning to walk off their jobs as soon as Monday.
Safeway workers authorize strike; picket lines could form as early as MondayMay 10th, 2009 Safeway workers could strike as early as MondayDENVER — Union workers at Safeway voted to authorize a strike, with workers possibly walking off the job as early as Monday, which could affect two of Colorado's largest grocery chains. Contracts were expiring Saturday night for about 17,000 King Soopers, Safeway and Albertsons workers represented by United Food and Commercial Workers Local 7 in Colorado.
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