Word: provisionally
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Dates: during 1970-1979
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The bill would also tighten up regulation of bank holding companies and require all financial institutions offering checking accounts to keep reserves at levels set by the Federal Reserve Board. That would make easier the board's task of setting and carrying out a monetary policy to influence the...
A compromise was reached on Thursday night between Van Delft and LRI president Marshall J. Smith with the provision that the warehouse would remain within "commuting distance" of its present location on Commonwealth Ave. "unless there are unforeseen or unexpected circumstances."
Steven M. Moreau said the workers employed at LRI's Brighton warehouse were demanding that the contract include a "no move provision" to prevent LRI from moving its warehouse to a location outside the metropolitan Boston area.
"We had previously agreed to a 'no strike' clause, but we wanted that deleted after LRI refused to agree to the no move provision," Moreau said.
TRUCKING. The Teamsters' last contract contained a cost of living adjustment (COLA) provision, but it had a "cap"-the adjustment could not exceed 110 an hour in any year. Now, Teamster President Frank Fitzsimmons is demanding that the cap be removed. In addition, he opened negotiations last month asking...