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General Motors, United Auto Workers reach tentative agreement on new contract
"We used a creative problem solving approach to reach an agreement that addresses the needs of employees and positions our business for long-term success," Cathy Clegg, GM's vice-president of labour relations. "We worked hard for a contract that
Updated: 09/17/2011 12:02A
GM-UAW agree on new contract
"We used a creative problem solving approach to reach an agreement that addresses the needs of employees and positions our business for long-term success," Cathy Clegg, GM's vice president of labor relations. "We worked hard for a contract that
Updated: 09/16/2011 11:59P
WTOL.com - Toledo's News Leader | Obama admin reworked Solyndra loan to favor
Administration officials defended the loan restructuring, saying that without an infusion of cash earlier this year, solar panel maker Solyndra Inc. would likely have faced immediate bankruptcy, putting more than 1000 people out of work.
Updated: 09/16/2011 11:58P
GM, UAW reach first labor deal since bankruptcy
The proposed contract, which must be ratified by rank-and-file workers, represents the first since two Detroit automakers -- GM and Chrysler Group LLC -- were bailed out by US taxpayers and exited bankruptcy partially owned by the US government.
Updated: 09/16/2011 11:54P
GM, UAW reach deal on tentative agreement
Late Friday night, the UAW and General Motors reached a deal on a tentative labor agreement covering 49000 US workers that gives a long-awaited glimpse into what the post-bankruptcy Detroit auto
Updated: 09/16/2011 11:53P
Frank McCourt seeks court's approval to sell Dodgers' TV rights
AP By Bill Shaikin LOS ANGELES - The Los Angeles Dodgers on Friday asked for court permission to sell their television rights, the key to owner Frank McCourt's strategy to remain the owner of the team when it emerges from bankruptcy protection.
Updated: 09/16/2011 11:50P
GM and UAW reach first labor deal since bankruptcy
GM scrapped the Saturn brand as part of its 2009 bankruptcy and the assembly portion of the plant has been shut. An engine plant at the site remains open. The UAW chose to complete negotiations for a new contract with GM first, before reaching a deal
Updated: 09/16/2011 11:47P
Troubled day care center goes bankrupt
A South Hills day care center that was shut down for health violations earlier this year filed for Chapter 7 bankruptcy protection this week. Kiddie Academy declared $1.18 million in liabilities and $4500 in assets, according to the bankruptcy filing.
Updated: 09/16/2011 11:46P
Breaking: GM UAW reach deal on tentative agreement
RASHAUN RUCKER/ Detroit Free Press Late Friday night, the UAW and General Motors reached a deal on a tentative labor agreement covering 49000 US workers that gives a long-awaited glimpse into what the post-bankruptcy Detroit auto industry — and union
Updated: 09/16/2011 11:33P
Innkeepers Is in Talks With New Set of Buyers
The deal, if consummated, would take Innkeepers out of bankruptcy protection, where it has been since July 2010. Five Mile, a Stamford, Conn., private-equity firm, is teaming up with another Innkeepers creditor, Lehman Brothers Holdings Inc.'s
Updated: 09/16/2011 11:22P
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