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DAYTON, Ohio: Workers from two GM brake plants voted to accept management's offer, bringinging to an end an 18-day strike that had crippled the world's largest automaker. The vote was nearly unanimous, with 99 percent of the strikers voting in favor of the pact. The walkout had forced GM to close 26 of its 29 North American assembly plants and 18 parts plants. In all, 177,375 GM workers were furloughed. The main issue in dispute was outsourcing -- the production of parts by outside companies. The union claimed that practice will cost jobs. The company argued that...

Author: /time Magazine | Title: Agreement Reached in GM Strike | 3/22/1996 | See Source »

...threatened to subpoena Farrakhan to determine if his deal with Libya is "traitorous." A State Department spokesman proclaimed, "It's shameful that an American citizen, much less a major religious leader in the U.S., would cavort with dictators like Gaddafi." The Justice Department warned that if reports of his pact with Gaddafi are true, Farrakhan may have to register as a Libyan agent...

Author: /time Magazine | Title: NO INNOCENT ABROAD | 2/26/1996 | See Source »

...crimes, their arrest was the third in a series of detentions that in NATO's view may violate the spirit of the Dayton accords. Last week those actions finally provoked an outcry from the Bosnian Serbs, who threatened to cut off all contact with NATO, thus imperiling the pact...

Author: /time Magazine | Title: BOSNIA'S HARDER FACE | 2/19/1996 | See Source »

...Jackson sets off a new round of megawheeling and megadealing, it would not be the first time. In 1991 Virgin signed her to a $40 million contract--which was then unprecedentedly large--and that pact led the way for big-money deals by Prince, the Rolling Stones and others. This wasn't totally ego driven: the development of the CD has led to a decade of steady growth in the recording industry, which has seen its sales increase from $4 billion a year to $12 billion a year since...

Author: /time Magazine | Title: ARE THEY WORTH ALL THAT CASH? | 1/29/1996 | See Source »

...week after the merger pact was signed, after a bone scan found that Christy had indeed responded to the initial chemotherapy, the deMeurerses signed an agreement of their own with UCLA, promising to pay up front the full cost of the treatment: $92,000, an amount equal to 0.08% of the $11.7 million that Health Net had accumulated in its transplant pool...

Author: /time Magazine | Title: MEDICAL CARE: THE SOUL OF AN HMO | 1/22/1996 | See Source »

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