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Entries tagged "labor"Hiring: Microsoft to pick up 400 YahooligansYahoo!'s SEC 8-K form provides details of its deal with Microsoft, including a $50 million annual payment it will receive from the software giant, which will offer jobs to 400 of its employees. Bankrupt Hartmarx faces a sit-inWorkers at a bankrupt Hartmarx factory outside of Chicago may become the second to stage a sit-in at a Chicago-area facility in less than a year. Star-Ledger obituary could be written soonThe writing is on the wall for New Jersey's largest newspaper The Star-Ledger, and it doesn't look good. The newspaper's obituary could be written as soon as January unless its owners, the Newhouse family, receive concessions, which includes reaching a new contract with a truck driving union by October, from the paper's employees. ... Are labor problems the next cause for bankruptcies?Higher commodity costs and increased fuel prices are increasingly being cited by companies as the causes of their bankruptcy filings. Will union-induced labor problems make that list soon, too? ... Liquidation is not the answer for United AirlinesIt is hard to tell if Roben Farzad is speaking on behalf of investors, customers or employees when suggesting that the parent of United Airlines Inc. should be liquidated. It is harder still to say which of these groups, if any, would benefit from his plan to put the troubled carrier out of its misery.... Deal Stocks, broader market bullish on positive economic newsIt doesn't take much to lift the stock market these days as investors latch on to any sign of an economic turnaround amid rising fuel costs, food price inflation and escalating home foreclosures. Wednesday was no exception, with the Dow Jones Industrial Average gaining 66.20 points, to close at 12,898.38, following a Labor Department report that consumer prices for April advanced 0.2% after a 0.3% March rise, alleviating fears of a significant up-tick in prices on energy costs. Fuel cost concerns were also tempered, at least for the day, as light sweet crude oil fell from record levels by $1.58... Delta pilots approve post-merger labor dealPilots at Delta Air Lines Inc. have voted in favor of contract changes designed to facilitate the airline's planned merger with Northwest Airlines Corp.... Flight attendants oppose United-US Airways talksFlight attendants from United Airlines Inc. and US Airways Group Inc. have joined the chorus of labor opposition to a rumored combination of the two airlines, urging managements to get their own houses in order before considering dealmaking.... Delta, Northwest flying into labor troubles?Despite reports that Delta Air Lines Inc. and Northwest Airlines Corp. could push ahead with their much-discussed deal without the blessing of their pilots, the employee groups still appear to be focusing their energy on a civil war between pilots rather than lashing out at management. And that is good news for advocates of a merger between the airlines. ... Delta, Northwest deal still possibleNews reports surfacing Friday afternoon that Northwest Airlines Corp. is attempting to rekindle deal talks with Delta Air Lines Inc. should serve as a positive signal to merger-starved investors that the airline consolidation effort is far from over.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "labor." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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