Federal panel to decide rail union representation for UP workers
A national panel will decide by March 1 if Union Pacific Railroad employees split between the BLE and UTU should vote on unified representation. BLE accuses UTU of undermining its role, while UTU pushes merger talks as panel awaits talks outcome. Union Pacific runs west of the Mississippi with about 22,000 represented workers.
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Cleveland
Union Pacific Railroad
Brotherhood of Locomotive Engineers
National Mediation Board
United Transportation Union
Union Pacific
Lakewood
BLE
Train Con
UTU
Omaha
Neb
Mississippi River
AOL Time Warner merger sparks online revolution talk
The planned AOL Time Warner merger aims to reshape Internet access TV and media across sectors but officials say changes for consumers will not occur for at least a year as regulators review the deal. Analysts predict a high speed Internet and media giant while opponents mobilize.
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America
Time Warner
AOL
America Online
Steve Case
Case
New York
Jeffrey Kagan
Atlanta
Jay Brent Haller
Sterling
Dulles
David Cassel
AOL Watch
Steve Caselett
Gerald Levin
Merger of Time Warner and AOL seen as megamedia threat
The Time Warner and AOL merger signals a push toward convergence of computing, Internet, and television. Experts warn it heightens megamedia concentration, risking fewer independent voices and potential conflicts of interest in reporting. Analysts note delivery power over content and stronger personalized advertising.
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Old Media
Time Warner
New Media America Online
AOL
CNN
People Magazine
Sports Ilustrated
Time Magazine
Joseph Thurow
University of Pennsylvania
Annenberg School of Communications
Seinfeld
Netscape
Dean Alger
Alger
David Rubin
Newhouse School of Communications
Syracuse University
Rubin
Stocks Slip After Early Gains On Bond Yield Rise
Wall Street ended lower as bond yields climbed with the 30 year Treasury yield reaching 6.67 percent. The Dow fell 61.12 to 11,511.08 while the Nasdaq dropped 126.98 to 3,922.68 as investors weighed Facebook? No. Analysts cited fears of Fed rate hikes at the February meeting and profit-taking after AOL Time Warner excitement.
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New York
Treasury
Federal Reserve
Fed
America Online
Brian G. Belski
George K. Baum & Co
Kansas City
Steelworkers sue AK Steel over tax abatement in Mansfield
Thomas Auflick of USW Local 169 filed in Richland County Common Pleas Court seeking to overturn a 1993 tax abatement for the Mansfield plant. The suit alleges AK Steel failed to meet employment levels in the agreement after its merger with Armco. The abatement was worth about 1.8 million in 1999. About 500 union members were locked out on Sept 1 after contract expiration.
MENTIONED IN THIS ARTICLE
Mansfield
United Steelworkers of America
AK Steel
Thomas Auflick
USW
Richland County Common Pleas Court
Pittsligh
Tony Montana
Alan McCoy
Armco
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