UAW ratifies four year contract with GM and Delphi
The United Auto Workers union approved a four year deal covering more than 117000 GM workers and over 30000 at Delphi plus 234000 retirees and 63000 surviving spouses. The contract includes a 3000 dollar signing bonus and tiered raises totaling 7 percent by year four while plant closings and consolidations are planned to reduce North American capacity.
MENTIONED IN THIS ARTICLE
Tully
UAW
Delphi Corp
Delphi
General Motors
Ohio
Ford
DaimlerChrysler
Visteon Corp
Chrysler
Daimler
Palms casino lures stars with high profile events
Las Vegas Palms owner Maloof markets his 430 room resort as a celebrity hub. A string of A list names like Tom Green Nicky Hilton Lance Bass and Damon Wayans boost buzz while Palms features Ghostbar seven member suites and a 1 800 seat venue. Analysts say Palms aggressive celebrity strategy could redefine the strip as rivals spend billions on mega resorts. Maloof boasts a near 20 percent return on the 265 million investment and says he overspends to create iconic events without Wall Street limits.
MENTIONED IN THIS ARTICLE
Las Vegas
Palms Hotel
MTV
Tom Green
Nicky Hilton
Lance Bass
Nsync
Damon Wayans
David Alan Grier
George Maloof Jr
The
Palms
Maloof
Vegas
Britney Spears
Leonardo DiCaprio
Playboy
Jessica Sampson
Celine Dion
Venetian
Mandalay Bay
Maxim
FHM
Access Hollywood
E! News
Anthony Curtis
Fete
Steve Wynn
Frank Sinatra
Bugsy Siegel
Hollywood
Details
Wynn
Mirage
Trea
Sure Island
Bellagio
Las Vegas Boulevard
David Kirvin
Kirvin Doak
Malcof
Kings
Nelly
Jay-Z
Pink
Wall Street
Iraq awards three mobile phone contracts to regional firms
Iraq awarded mobile telephone contracts to AsiaCell Orascom and AbeerTel, covering north central and south regions respectively. The licenses run two years with 30 million dollar bonds, service expected within weeks, calling rates 8 to 10 cents a minute and handsets priced 50 to 60 dollars.
MENTIONED IN THIS ARTICLE
Iraq
Baghdad
Haider Jawad al- Aubadi
AsiaCell
Orascom
AbeerTel
Europe
Middle East
Nageeb Sawiras
Al-Arabiya Satellite Television
AteerTel
al-Aubadi
Authority
Stocks rise as optimism grows on earnings week
Investors edged higher for a fourth straight session as markets digested a government jobs report and look ahead to third quarter results. Motorola surged after announcing a spin off its semiconductor unit, while Yahoo and GE set slated reports for the week. Alcoa, PeopleSoft and Knight Trading also moved on forecasts and earnings.
MENTIONED IN THIS ARTICLE
New York
Motorola Inc
Tor
Motorola
Todd Leone
Equity
SG Cowen Securities
Standard & Poor
Joseph V. Battipaglia
Ryan Beck & Co
Alcoa Inc
Yahoo! Inc
General Electric Co
PeopleSoft Inc
Knight Trading Group Inc
Goodyear to close Huntsville Alabama plant
Goodyear Tire & Rubber Co will shut the Dunlop plant in Huntsville by December 5, costing about 1,100 jobs. The closure, anticipated after the workers approved a three year contract, aims to cut capacity in North America and save about $100 million annually.
MENTIONED IN THIS ARTICLE
Huntsville
Ala
Goodyear Tire & Rubber Co
Dunlop Tire
United Steelworkers of America
Akron
Goodyear
North America
Jonathan D. Rich
North American Tire
Also Mentioned on This Page
Associated Press
Detroit
United Auto Workers Union
General Motors Con
Ford Motor Co
Daimler- Chrysler AG
Chrysler Group
Baltimore
New Vegas
University of Nevada
Fiesta
National Basketball Association
Sacramento Kings
George Maroof Jr
Palms Hotel-Casino
MTC
Degla
Saad al-Barak
Saddam Hussein
Kuwait National Telecom
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