2006-09
23 03:50:22UAW looks to collaborate with automakers
CLEVELAND (AFX) - Shuttered plants. Thousands of good-paying jobs lost. Retiree benefits at risk. Global competition. An uncertain future. Those words describe the situation now confronting 75,000 Ford Motor Co. employees, faced with plant closings and buyouts as the company moves forward with its plan to cut 30,000 jobs and get business back on track.
2006-09
23 03:47:18UAW strategizes to work with automakers
CLEVELAND (AFX) - Shuttered plants. Thousands of good-paying jobs lost. Retiree benefits at risk. Global competition. An uncertain future. Those words describe the situation now confronting 75,000 Ford Motor Co. employees, faced with plant closings and buyouts as the company moves forward with its plan to cut 30,000 jobs and get business back on track. And this week, DaimlerChrysler AG announced it will cut retail shipments by 16 percent to reduce a backlog in dealers' lots, which means some plants will see temporary shutdowns between now and the end of the year.
2006-09
23 03:08:49Dow ends down 25 on economic pessimism
NEW YORK (AFX) - businessminute
Wall Street's growing pessimism about the economy sent stocks down for a second straight day Friday, as investors lost the enthusiasm that followed Wednesday's Federal Reserve decision to leave interest rates unchanged.
2006-09
22 23:34:55Stocks drop amid pessimism on ecomony
NEW YORK (AFX) - Wall Street's growing pessimism about the economy sent stocks down for a second straight day Friday, as investors lost the enthusiasm that followed Wednesday's Federal Reserve decision to leave interest rates unchanged. For more information and to contact AFX: www.afxnews.com and www.afxpress.com