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...according to the union, would include raising the current average wage of $8 an hour by $1.14 over three years, increasing the COLA clause and pensions, giving a Christmas bonus to retirees and providing for retirement after 25 years on the job. All in all, said U.R.W. President Peter Bommarito, the package would "substantially exceed the wage and price guidelines...

Author: /time Magazine | Title: Business: Bending Those Guidelines-Again | 4/30/1979 | See Source »

...Marshall to meet with both sides and try to reduce the terms. Schultze publicly hinted that the Government would act against any company that signed a guidelines-busting agreement, perhaps by withdrawing federal procurement contracts. Representatives from Goodyear, Firestone, BF Goodrich and Uniroyal met with Carter's advisers, but Bommarito declined, although he said he would get together with Federal Mediator Wayne Horvitz and officials of Uniroyal this week. In any case, Bommarito warned, if the tiremakers try to settle for less than the union had announced, he was prepared to call a strike. Likely targets: Goodyear or Uniroyal...

Author: /time Magazine | Title: Business: Bending Those Guidelines-Again | 4/30/1979 | See Source »

Despite Administration efforts to picture the contract as a victory for restraint, the Teamsters' fat settlement could whet the appetite of other unions in this year of heavy labor bargaining. The United Rubber Workers' contracts expire this weekend, and, says Union President Peter Bommarito, "Our settlement will have to go over the guidelines...

Author: /time Magazine | Title: Business: Wages of Clout | 4/23/1979 | See Source »

...bricks later at other companies. That letdown illustrates a major reason why the strike has had no impact: dissension within the union. Some 40% to 45% of the nation's tire production continues, partly because General Tire & Rubber Co. is not on strike. When U.R.W. President Peter Bommarito asked the General Tire local in Akron to join the walkout, the local refused...

Author: /time Magazine | Title: LABOR: No Squeeze on Rubber | 6/14/1976 | See Source »

...Bommarito's followers are primed for a long strike. The U.R.W. has called for a worldwide boycott of Firestone products beginning May 1, and the AFL-CIO has extended its endorsement-a gesture it does not make lightly. But since marshaling support for a global boycott can take some time, it is unlikely that a don't-buy-Firestone campaign can have much effect before June...

Author: /time Magazine | Title: LABOR: Rubber's Costly Showdown | 5/3/1976 | See Source »

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