Word: cio
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...paying attention; so far, the best he has polled is 12%, compared with Lieberman's 25% and Kerry's 14%. Another is whether the Establishment will try to rally its forces early behind anyone. All nine Democratic candidates will face questions from rank-and-file workers at the AFL-CIO's executive-council meeting in Chicago this week. But the panel appears in no hurry to give its endorsement, which requires support from two-thirds of member unions. Gephardt's long-standing ties to labor give him an edge, and he has already won the support of 10 major unions...
...beheading, were granted royal clemency. Saudi officials had claimed the men were involved in illegal alcohol trading that was related to the attacks. Five of the men had made televised confessions, which they later retracted, saying they had been tortured. Honeymoon's Over BRAZIL Socialist President Luiz Inácio Lula da Silva's public support waned as the Brazilian government's lower house passed part of a pension-reform bill,which raises the retirement age, caps civil servants' pensions and puts an 11% tax on pensions over $400 per month. Some 40,000 civil servants protested against the bill...
...union victory at Kukdong factory, also known as MexMode, is the first and only one among the 3,000 maquiladoros in Mexico in their 30-year history, according to Jeff Hermanson, a senior adviser with the AFL-CIO, which provided the workers with food, water and transportation during their three-day strike...
...almost 10%), as many existing orders have been postponed or converted into purchase options. Revenue is down significantly for both companies, and it was an ominous sign when a major competitor, Germany's Fairchild Dornier, filed for bankruptcy in April 2002. Embraer's usually brash CEO, Maurício Botelho, 59, last month observed in nervous executive speak, "The aerospace market right now is very sensitive to change." Investors agree. Embraer stock has fallen from the high $30s before the 9/11 attacks to about $15, despite a boost from the U.S. Airways deal. Shares in Bombardier are stuck around...
...high unemployment, some women are worried that men are muscling into the last reliable sources of jobs for females--not to mention the management posts. With men around, for women "it's like being an apprentice who never becomes a journeyman," says Tina Abbott, secretary-treasurer of the AFL-CIO in Michigan. Certainly the job market remains bleak. Overall unemployment rose again in April to 6%, with job searches for laid-off workers averaging five months. Half of all job seekers have switched industries over the past year, according to outplacement firm Challenger, Gray & Christmas. Given that the industries with...