Word: agreement
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Dates: during 1990-1999
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Ending corporate handouts is one of the rare topics on which activists and think tanks from both the left and the right find agreement. By some estimates, the government funnels up to $75 billion a year to business, enough to account for almost half the federal deficit. The Agriculture Department, for instance, will spend $110 million this year to advertise overseas everything from V8 juice to Friskies, a "market promotion" budget that is almost 30% higher than in 1995. As these companies are among the world's best at marketing, "it's hard for me to believe that McDonald...
...smallest of the nation's five major cigarette makers, had agreed to settle the Castano class action in Louisiana on behalf of all smokers and five state Medicaid suits against cigarette makers, the landscape of tobacco litigation underwent a seismic shift. In real dollars, the terms of the agreement--Liggett will wind up paying less than $2 million a year over the next 25 years toward antismoking programs, and will comply with proposed Food and Drug Administration rules about marketing to children--have little bite. Any capitulation, however, marks a drastic change. Publicly, at least, the other tobacco companies...
Levy is in agreement with this evaluation of the school's commitment and he also believes a full-time coach will create a big advantage for recruiting...
...workers were furloughed. The main issue in dispute was outsourcing -- the production of parts by outside companies. The union claimed that practice will cost jobs. The company argued that outsourcing is necessary in order to remain competitive. TIME's Joseph R. Szczesny says the agreement apparently preserves GM's ability to outsource some work. In exchange, the union received concessions on safety and health issues, as well as a promise to hire more workers for the two plants. Employees there had been working six- and seven-day weeks to meet production needs. Wages were not an issue. Szczesny reports that...
DAYTON, OHIO: Officials for the United Auto Workers announced that an agreement has been reached between the union and General Motors. The 2,700 workers at two brake plants here will vote Friday morning on whether to ratify the agreement, which has the endorsement of union negotiators. The two sides have met daily since last Friday in an effort to end the strike that idled more than 160,000 GM workers. The main issue in dispute was outsourcing -- the production of parts by outside companies. Financial analysts say that GM must outsource more or face a long- term competitive disadvantage...