United signals possible liquidation without labor cuts
United Airlines warned in a bankruptcy filing that liquidation could occur this year if it cannot obtain deep labor cost reductions. The airline seeks 2.56 billion dollars in annual labor cuts and aims to scrap labor contracts unless new deals are agreed by early May.
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United
Chicago
United Airlines
Illinois House approves farm contract protections measure
The Illinois House backed a bill to shield farmers from abusive contract terms. It requires clear contracts, bans restricting sharing with bankers or lawyers, and sets penalties enforceable by the Attorney General. Disputes would be heard outside Illinois, with the effective date moved to 2005.
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Springfield
Illinois
Illinois House
Frank J. Mantino
Spring Valley
Mautino
Kevin Semlow
Illinois Farm Bureau
Semlow
Illinois Attorney General’s Office
Mandatory marriage counseling bill defeated in Illinois House
The Illinois House voted 103 to 9 against a measure requiring four hours of marriage counseling or a 60 day wait before a marriage license. Sponsors argued it would reduce divorces. opponents called it a marriage tax and feared it would delay military marriages and raise costs. All local representatives voted no.
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Illinois
Lou Lang
Dskokie
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