Word: laboring
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...clear enough - and are so compelling from China's standpoint that there are likely more to come. Both Rio and Oz Minerals have been crushed by the global recession's effect on demand for what they produce. Both have seen their value plunge as a result, and now labor under enormous debt burdens. Rio's stock price peaked at $552 a share last spring, then fell to a 52 week low of $55. The stock last traded at $112 on the New York Stock exchange. Oz Mineral's stock price hit AU$0.55 when trading was suspended in December. Minmetal...
When Congress extended emergency loans to General Motors and Chrysler in December, lawmakers required the companies to deliver detailed plans for getting their houses in order. Management, labor and bondholders would all have to give ground - and the car czar was supposed to be the enforcer...
...have thus far shown little interest in renegotiating their agreements. Union locals in Michigan and New York have rejected proposals for contract concessions, and UAW chief Ron Gettelfinger has sensed the mood of his membership. He's not buying the claim that union costs are sinking the industry. Other labor leaders are watching Obama's reaction to the UAW to see whether the new President will stick up for his union friends. Meanwhile, business continues to tumble. Forecasters predict 2009 sales of 10 million to 11 million units, down by about a third from recent years, when the economy...
...becomes necessary, we can protest. As Student Labor Action Movement representative Alyssa Aguilera ’09 pointed out, “As students, we can yell outside Holyoke Center, and we’re not going to get kicked out of Harvard.” But regardless of whether we shout at the Holyoke Center or show silent support with our rainbow ribbons, we must defend the rights of the whole community, a community that includes more than just students...
...There is an alternative, of course: a centrist coalition of Kadima, Likud and Labor. But that would require some real moderation and common sense, qualities overwhelmed by weariness and resentment in Israel's dour winter of victory...