Word: strike
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Dates: during 2000-2009
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...Thank goodness, then, for unexpected gifts. In a ruling issued Thursday, London's High Court declared that a 12-day strike planned for later this month by British Airways cabin crew was illegal. The proposed walkout - over cuts to staff numbers and a freeze on pay imposed by the airline last month - can now no longer go ahead. The court's decision marked a "disgraceful day for democracy," the trade union behind the strike, Unite, said in response. But the 1 million passengers that could have been affected were undoubtedly relieved by the decision. And BA, for its part, said...
...Little wonder. Industrial action could have cost Europe's third biggest airline as much as $50 million each day had the strike gone ahead as planned on Dec. 22. That's cash - and cachet - the struggling carrier can ill-afford to lose. Tumbling first-class passenger numbers and a ballooning fuel bill left the airline with a $656 million pretax loss in the 12 months ending March 31. It lost plenty more in the first half of this year too. The airline's $6 billion pension deficit, meanwhile, is among the biggest...
...bank balance, then, stifling the strike was key. In applying for the High Court injunction, the carrier argued that the union's ballot wrongly included hundreds of BA staff who had already agreed to take voluntary redundancy before any industrial action would have started. Unite insisted that it had tried to find out which of BA's 13,000 cabin crew were planning to quit but that the airline offered little help. Discounting them would have done little to change the result, though: 92% of voters were in favor of a strike. (See the top 10 worst business deals...
...Okla., medical school he founded at Oral Roberts University (ORU) could serve in overseas missions. People were urged to send at least $100 apiece within three months to help reach a goal of $4.5 million. Then Roberts dropped a bombshell. If donations fell short, said the preacher, God would strike him down. "I'm asking you to help extend my life," he said. "We're at the point where God could call Oral Roberts home in March." TIME's story on the incident was headlined, "Your Money or His Life...
...most immediate flash point in tensions between Iran and its Arab neighbors is Yemen, one of the regions poorest and most unstable countries, where Shi'ite Houthi rebels in the north launched attacks in neighboring Saudi Arabia last month, sparking an air strike by Saudi jets on Houthi territory. U.S. officials say they have no proof that Iran is involved in the Yemen conflict, but deeply suspicious gulf states, including Yemen, are sure Tehran is stoking a potentially explosive war. Yemeni President Ali Abdullah Saleh told TIME last month that the rebels "want to follow the system of Iran...