Word: forded
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...plans to offer similar terms to both General Motors and Chrysler LLC, sources indicated. Officials from both companies, which together asked for more than $21.6 billion in loans last week, declined to comment on the Ford deal. Both companies are supposed to have deals with the union wrapped up by March...
...While Ford has not asked for government aid, it has used the deep recession in the industry to seek concessions from the union. Retiree and active-employee health-care benefits cost Ford about $2.2 billion annually, according to company officials...
...part, the UAW has obliged in an effort to blunt demands for even greater concessions from General Motors Corp. and Chrysler LLC, which have accepted government loans. Traditionally, the UAW has had better relations with Ford than with GM or Chrysler...
...changes agreed to with Ford are now subject to approval of the UAW membership at Ford. Such a vote, which could also cover other agreed to cuts, such as elimination of productivity bonuses and cost-of-living adjustments over the next two years, could be held as early as next week. In addition, proposed changes to the VEBA will require court approval, Gettelfinger said...
...world's most powerful leaders. (One historian has likened the society's powers to that of an "international mafia," for as another writer put it, "the mafia is, after all, the most secret of societies.") Bonesmen have, at one time, controlled the fortunes of the Carnegie, Rockefeller and Ford families, as well as posts in the Central Intelligance Agency, the American Psychological Association, the Council on Foreign Relations and some of the most powerful law firms in the world...