GM Faces Possible UAW Jobs Guarantee Deal
Labor experts say GM is unlikely to push for a strike over a union proposal that would guarantee autoworkers' jobs. Ford has reached a tentative agreement protecting 95 percent of current UAW jobs, prompting questions whether Chrysler and GM will adopt similar terms. Analysts note GM needs workforce reductions to stay competitive while keeping production capacity intact and emphasize the ambiguity of how the jobs figure will be calculated and who is included.
MENTIONED IN THIS ARTICLE
Dallas
General Motors
United Auto Workers
Ford Motor Co
UAW
Ford
Chrysler
Stephen
Yokich
Arlington
Brickner
Detroit
Shangrila Buffet opens in Elyria with buffet and menu
Elyria welcomes Shangrila Buffet owned by Genny Tung, a Hong Kong native with six years in the U.S. restaurant scene. The buffet will start Saturday at 11 a.m. with daily lunch at 4.95 and dinner at 6.95, eight daily changing items plus a menu, and a five year lease under Johnny Dixon's party center site on Broad Street. Tung aims to be recognized as the area's best Chinese dining.
MENTIONED IN THIS ARTICLE
Elyria
Genny Tung
Tung
Hong Kong
Frank Wei
Johnny Dixon
C.H. Merthe Co
Broad St
Dixon
Ceed
Kidron Livestock Auction Sales Report Summary
The Kidron sale lists 2 106 total hand consignors 394. Hog lots include 479 head priced 48 to 63 dollars with weight ranges from under 40 to over 61 pounds. Calves cattle and sheep entries show varied prices for good medium and light stock plus dairy cows and service bulls. Hay straw and feed items priced per ton or per bale with corn listed at 135 to 142.50 per ton.
MENTIONED IN THIS ARTICLE
Kidron
Metal prices report from New York markets
AP reports closing prices on the Comex and Merc for metals. Gold traded at 382.30 per troy ounce, Silver at 4884 per troy ounce, Platinum at 390.50 per troy ounce, Palladium at 120.50 per ounce, with nonferrous prices listing aluminum at 63.4, copper at 91.55 cents, zinc at 52 cents, tin at 4.0619, and mercury at 266 per 70 pound flask.
MENTIONED IN THIS ARTICLE
New York
Fears of Rate Hikes Rise After Strong Housing Data
Washington AP reports stronger than expected housing starts and fewer jobless claims fuel speculation the Federal Reserve will raise rates next week to curb overheating. Dow falls, bonds retreat as investors weigh higher borrowing costs against growth, with housing activity showing mixed revisions and a cooling outlook from forecasters.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Commerce Department
Labor Department
Sung Won Sohn
Norwest Corp
Minneapolis
Greenspan
Alan Greenspan
Congress
Fed
Fannie Mae
David Berson
David G. Seiders
National Association of Home Builders
Association
Justice Dept renews Microsoft Internet inquiry
The Justice Department renewed its antitrust probe into how Microsoft sells Internet software to gauge potential efforts to curb competition. Microsoft will supply requested documents as regulators review its Internet product practices amid Netscape pressure.
MENTIONED IN THIS ARTICLE
Justice Dept
Microsoft Inquiry
New York
Justice Department
Microsoft Corp
Microsoft
Netscape Communications Corp
Gary Reback
Netscape
Reback
Internet Service
Bill Gates
Also Mentioned on This Page
Dale Brickner
Michigan State University
Shangrila Buffet
Bruce P. Bishop
Bae Ys
Ak Bae BaVa
Texaco
Uswests
BankAm
Usxmar
WalMart
Weigel Xerox
Bae
Ekoxtok
Chrysler Parker Hannifin AI
CoBancorp Inc
Columbia Gas
Royal Appliance
R.P.M. Inc
Eaton Corp
Sherwin Williams
Emerson Smuckers
SJMA
W Englenard
Sunrise Medical
T.rw
General Motors Bik Usx
York International
Guest Supply
Kidron Livestoc
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