Word: contractor
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...Bechtel. Costs are expected to be lower than in Afghanistan because Iraq has a functioning technocracy that should make design, engineering and construction much faster. "Given all the Iraqis have done to hide their weapons systems and to build palaces and bunkers for Saddam [Hussein]," says a major U.S. contractor, "they'll be able to provide a trained construction work force and sophisticated materials like high-strength concrete." --By Adam Zagorin
...city of Boston passed a living wage ordinance. Among the first municipal ordinances of its sort, it required that all major city contractors pay workers a living wage—now set for Boston at $10.54 an hour and adjusted frequently to meet the rising cost of living. Many other cities followed suit, including Cambridge and Somerville. In much the same spirit, and modeled in part on Cambridge’s ordinance, Harvard last spring raised the wages it pays its workers to a level it deemed appropriate to the cost of living. Harvard’s changes apply...
...business and their workers out of work, but to ratchet up labor standards, forcing companies to pay a living wage in order to get lucrative public contracts. It is up to Boston, as a major customer of KTI, to use the power it has as a contractor to pressure KTI to comply with the statute...
...Britain now leads the world in sales of imported wine. INDICATORS What A Drag It Is Getting Old New research from CSFB shows that the 1113 billion pension fund deficit at Britain's top companies equaled 93% of last year's profits. One of the worst hit is defense contractor BAE, which holds talks this week to try to avert a strike by employees being asked to pay more toward their own retirement. This Just In ... You're Sacked Under fire from competitor Bloomberg, the 151-year-old business information group Reuters will cut 3,000 jobs...
...House and Senate are ginning up for hearings into the disaster. President Bush, a Texan who has reason to wish the home-state space program well, declared his support for NASA last week, but space-agency employees remain worried. "It's really pretty somber here," says a NASA contractor at the Johnson Space Center in Houston. "People are worried about layoffs, like after Challenger." In New Orleans, the work force at the Lockheed Martin plant that applies the foam to the shuttles' external tanks had already fallen from 4,800 before the Challenger explosion to 2,000 now. There...