Ford Sharonville plant lays off 203 workers
Ford Motor Co. laid off 203 workers at its Sharonville transmission plant amid weakening demand. The move affects workers with about six months experience or less, with layoffs starting Monday and continuing indefinitely. The plant makes four speed transmissions for large vehicles including F series trucks and Mercury Mountaineer.
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Sharonville
Ford
Cincinnati
Ford Motor Co
Della DiPietro
Internet gambling rises as legality remains unclear
A Springfield student’s online betting saga shows how easy it is to win and lose large sums from home. Experts warn of legal gray areas as no clear U.S. law bans Web casinos and the Wire Act faces reinterpretation in court.
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Kansas City
Springfield
Players Online
Bettors
Las Vegas
United States
U.S
Keith Spare
Missouri Council On
Kevin O'Neill
Council On
O'Neill
George Washington
Ben Franklin
John Hancock
Tony Cabot
Caribbean
Antigua
Mark Franklin
Jay Cohen
Cohen
Supreme Court
Unions struggle to reach high tech workers in Seattle area
In Seattle the WashTech union effort lags with only 250 dues payers. Workers like Amazon.com’s Dave Rady oppose rigid contracts, fearing loss of monthly flexibility. Experts cite youth, turnover, and corporate culture as barriers to organizing in high tech.
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Seattle
Dave Rady
Amazon.com
Rady
Marcus Courtney
Washington Alliance of Technology Workers
Communiications Workers of America
WashTech
Courtney
Microsoft Corp
Ing
Bureau of Labor Statistics
Gary Chaison
Clark University
Worcester
Mass
Chaison
Communications Workers of America
Candice Johnson
Tomer
National Labor Relations Board
IBM Corp
San Francisco
Etown.com
Microsoft
Dan Leach
Etown
California
NLRB
Nelson Lichtenstein
University of Virginia
Verizon Communications
Economic forum at Davos highlights growth gap between nations
Officials from developing countries press for privatization and fair trade as Davos panels feature Western experts. Thai Deputy PM Supachit Panitchpakdi and Jorge Castaneda note a shift toward including developing nations, with top economies seeking to aid global redevelopment amid quotas and globalization debates.
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Davos
Switzerland
U.S
Economic Forum
Congress Center
Goldman Sachs
Abby Joseph Cohen
Accel Partners
Jim Brewer
United States
Asia
Africa
Supachat Panitchpakdi
World Trade Organization
Supachit
Jorge Castaneda
Retirement dips as California power crisis hits utility stocks
Elderly investors in PG&E and Edison faced wiped out dividends after bankruptcy threats. San Carlos resident Neale McFarland sold 1,500 Edison and PG&E shares costing him a 15,500 loss. Retirees fear the downfall of these storied utilities erodes long standing incomes and prompts asset reallocation. Donald Zwicky of Walnut Creek plans to offload his PG&E shares if dividends do not resume.
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San Francisco
Neale McFarland
California
Pg&e Corp
Edison International
Edison
Southern California Edison
Pg&e
Pacific Gas and Electric
McFarland
Suonyvale
Wayne Suiver
San Carlos
Donald Zwicky
Walnut Creek
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NYSE
NEW York
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Bob Britz
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Gretchen Wilson
David Larsen
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