United seeks labor cuts to stave bankruptcy
Judge orders pay cuts at United Airlines as part of a bankruptcy plan. About 3,000 mechanics and 24 ramp workers face immediate pay reductions while pilots, flight attendants, dispatchers, and meteorologists have varying cut levels. The airline seeks further permanent contract changes after Dec Chapter 11 filing.
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Eugene Wedart
Internumbes
Crited
Swid
Lmltomter
Luitted
Wetloff
United
Wildes
Glenn Tilton
Abelyis
Ied Bann
Ees
Kool Kat flips WDLW to oldies format in Oberlin
WDLW 1380-4M formerly an all Hispanic station switched on Nov 6 to a oldies mix from 1950s 1980s and early 70s. Owner Doug Wilber says the move targets an underserved audience while Hispanics remain heard Sundays 2 to 10 pm. Letters and calls greet the change.
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Oberlin
WDLW
Doug Wilber
Wilber
Lorain
WOBL
Loram
Johnny Munoz
Kool Kat
United States
Job growth stalls as payrolls drop in December
Washington Post reports U.S. payrolls fell in December to the lowest private-sector level since early 2001, with the jobless recovery theme reemerging. Productivity growth supports profits and wages but hiring remains weak amid broad economic soft patch.
MENTIONED IN THIS ARTICLE
Maury Harris
UBS Warburg
New York
Unemployment Hits Eight Year High at End of 2002
The Labor Department reports December job cuts at 101,000 with the unemployment rate rising to 6.0 percent for 2002, the worst year for jobs since 1994. Retailers shed 104,000 positions. factories cut 65,000 amid a sputtering economy. White House optimistic stance on a $674 billion stimulus and tax cuts.
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Ahe
Washington Post
Washington
Labor Department
Bush
Joel Naroff
Naroff Economic Advisors
Dick Cheney
U.S. Chamber of Commerce
Wall Street
Bill Cheney
John Hancock Financial Services
Jerry Jasinowski
National Association of Manufacturers
Ken Mayland
ClearView Economics
Cleveland
Ohio
Congress
White House
Ari Fleischer
Fleischer
Oceana Cruises to relaunch with Renaissance ships
Oceana Cruises will launch summer voyages using two near new ships from the defunct Renaissance line. The Miami based company will spend about 3 million dollars per ship to upgrade and will offer daily rates around 200 to 225 dollars on European itineraries. Oceanas chief executive Frank Del Rio says the venture aims at a niche just below the luxury tier amid a recovering but challenged cruise market.
MENTIONED IN THIS ARTICLE
Call
Renaissance
Renaissance Cruises
Fort Lauderdale. Fla
Oceana Cruises
Oceana
Frank del Rio
Cruisinvest
del Rio
J C Penney to Cut 2000 Jobs and Close Catalog Centers
J C Penney announced plans to cut about 2000 positions and close three facilities tied to its catalog business, including a fulfillment center in Atlanta and telemarketing sites in Atlanta and Lenexa Kansas, by the end of Q2. The restructuring aims to save roughly 30 million annually from 2004, as catalog sales fell 23.7 percent in December while department stores rose 4.7 percent for stores open a year.
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Plano, Texas
J.C. Penney Co
Atlanta
Lenexa
Kan
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