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...Wheeling-Pittsburgh will continue making steel even though it is bankrupt, and the union has indicated that it will not strike. Said United Steelworkers Negotiator Paul Rusen: "We will go to work, be patient and in 18 months be better off." Citing the company's modern plants, John Jacobson of Chase Econometrics said Wheeling-Pittsburgh, if it comes out of bankruptcy "leaner and meaner," could be in a stronger position than its competitors. TELECOMMUNICATIONS David vs. Goliath, Round...

Author: /time Magazine | Title: Business Notes: Apr. 29, 1985 | 4/12/2005 | See Source »

...agencies and deny federal aid to the exports of nearly all U.S. companies with facilities there unless they obey what are known as the Sullivan principles. These are a set of six guidelines drafted by the Rev. Leon Sullivan, a director of General Motors and the Mellon Bank of Pittsburgh, that require companies to have integrated facilities, offer training programs for blacks and provide equal pay and treatment for both black and white employees...

Author: /time Magazine | Title: South Africa: Apartheid's New Upheaval | 4/12/2005 | See Source »

...last! Someone else who understands and loves cicadas [AMERICAN SCENE, July 15]. Unfortunately, too many uneducated or misinformed people malign these incredible insects. They are magnificent. I am a longtime fan, and hearing my first cicada each year is a special, eagerly anticipated event. Jackie Geyer Pittsburgh...

Author: /time Magazine | Title: Letters: Aug. 5, 1985 | 4/12/2005 | See Source »

Hugging the eastern bank of the rust-colored Monongahela River, the mammoth Wheeling-Pittsburgh steel plant has long dominated the town of Monessen, Pa. (pop. 12,000), situated in the shadow of the Allegheny Mountains 40 miles south of Pittsburgh. Last week the mill was conspicuous for another reason. Hit by the first major strike of the United Steelworkers in 26 years, the Wheeling plant stood idle...

Author: /time Magazine | Title: Walking the Line at Wheeling | 4/12/2005 | See Source »

...million in debt last April when it went into bankruptcy proceedings. Wheeling had been paying for an expensive modernization program and losing business to lower-cost foreign imports. "We now face the greatest challenge that men and women can face, the challenge to survive," said Chairman Dennis Carney. The Pittsburgh-based company, which recorded sales of more than $1 billion in 1984, maintains that slashing wages and benefits from $21.40 to $17.50 an hour is necessary if it is ever to emerge from bankruptcy...

Author: /time Magazine | Title: Walking the Line at Wheeling | 4/12/2005 | See Source »

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