Employment

  • February 28, 2006

    Northwest Abandons Key Flight Attendant Request: Union

    In what amounts to a significant concession, bankrupt Northwest Airlines Corp. has reportedly retreated from an earlier demand to staff overseas flights with mainly non-U.S flight attendants, according to the airline’s Professional Flight Attendants Association.

  • February 27, 2006

    Showdown Begins Over Tower’s Union Contracts

    Despite the looming threat of a union strike, Tower Automotive Inc. pressed on with its quest to reject collective bargaining agreements on Monday, with the auto parts maker claiming that it would not be able to emerge from Chapter 11 proceedings if the contracts were upheld.

  • February 24, 2006

    Aloha Airlines Probe Targets Four Banks

    Four banks have been subpoenaed in connection with a federal investigation into whether Honolulu's Aloha Airlines illegally used employee pension funds to pay off bank loans prior to its Chapter 11 bankruptcy filing in December 2004.

  • February 21, 2006

    GM Bids For Spot On Delphi Creditors Panel

    In the footsteps of the United Auto Workers union and the Pension Benefit Guaranty Corp., General Motors Corp. has made a bid to secure a seat on the creditors’ committee of scandal-ridden auto parts giant Delphi Corp., arguing that its appointment would “help to facilitate a consensual resolution.”

  • February 21, 2006

    Calpine Asks Insurers To Cover Employee Defense Costs

    Looking to alleviate defense costs for several employees mired in class action securities litigation, bankrupt power company Calpine has asked a bankruptcy court judge to allow the company’s insurers to cover the litigation expenses so employees can focus on turning around the ailing company.

  • February 21, 2006

    Delta Fights For Executive Severance Plan

    Delta Airlines headed back to bankruptcy court this week, this time to defend its proposed severance package for company officers and directors. The plan has come under fire from the Delta pilot’s union, which asked the court to reject the $14.2 million proposal.

  • February 17, 2006

    Enron To Fork Over $134M For Workers, Retirees

    Enron Corp.’s workers and retirees will receive approximately $134 million under the defunct energy company’s settlement of government and employee claims, the U.S. Department of Labor announced.

  • February 13, 2006

    Northwest Pilots Gear Up For Strike

    Pilots for Northwest Airlines will decide whether or not to strike later in the month, casting their votes today about a proposed work stoppage in response to the airline’s proposal to end the union contract in favor of cheaper labor.

  • February 10, 2006

    As Pilots Inch Towards Strike, Delta Throws Bones

    With its disgruntled pilots union a gathering storm, Delta Air Lines Inc. offered this week to pay pilots $300 million in the event that it cuts its $1.89 billion pilot pension plan, although the embattled carrier has yet to decide whether it will do so.

  • February 9, 2006

    Pay Cuts Sustained For Northwest Flight Attendants

    Despite heated opposition from its flight attendants union, an interim pay cut agreement between embattled Northwest Airlines Corp. and the union has been extended while longer-term concessionary contracts are negotiated.

  • February 8, 2006

    Delphi Union Threatens Strike Over Incentive Plan

    An executive bonus plan that could pay out up to $500 million to company executives has raised the ire of rank-and-file employees at bankrupt auto parts maker Delphi, who are threatening to strike over the plan.

  • February 7, 2006

    Deaf To Union Pleas, Northwest Moves to Foil Strike

    In a bid to prevent a potential strike by its flight attendants union, Northwest Airlines has asked a bankruptcy judge to extend a pact between the company and its workers. But the union has refused to extend the deadline of the agreement, which expires next week.

  • February 3, 2006

    Silence From Northwest As Unions Make Offers

    Northwest Airlines flight attendants offered this week to give up 1,553 jobs and accept a 22.5% pay cut, but the embattled airline's management remains tight-lipped as hearings on its request to scrap employee collective bargaining agreements continue.

  • January 31, 2006

    Tower Workers Threaten Strike If Judge OKs Plan

    Hourly workers at Tower Automotive have voted to authorize a strike as soon as next month if the bankruptcy judge overseeing the company’s reorganization plan okays its request to cut benefits and cancel labor contracts.

  • January 27, 2006

    Union Wins Spot On Delphi Creditors Panel

    The United Auto Workers union has won a long-standing bid to secure a nonvoting seat on the creditors committee for scandal-ridden auto parts giant Delphi Corp. in the company’s Chapter 11 bankruptcy case.

  • January 25, 2006

    Delta, Pilots At Contract Impasse

    As the deadline for compromise draws near, Delta Airlines and the pilots union are still at each other’s throats over the carrier’s bankruptcy reemergence plan, making arbitration seem like an increasingly likely option.

  • January 25, 2006

    Northwest Buys Precious Talk Time In Union Dispute

    Northwest Airlines’ management and pilots have bought more time this week to negotiate cost-saving deals that will determine whether the carrier will fold.

  • January 24, 2006

    Bankruptcy Looms For Alitalia

    With shaky finances and labor problems growing more severe by the day, Italian airline Alitalia is scrambling to come up with a restructuring plan that will appease both union workers and creditors and allow the airline to escape bankruptcy.

  • January 23, 2006

    Northwest Strikes Pension Deal With Retirees

    A deal has been finalized in the battle between Northwest Airlines Corp. and the committee representing its retirees over the company’s proposal to cut labor and retiree costs as it reorganizes under Chapter 11 bankruptcy.

  • January 20, 2006

    Google's Trade Secrets "Threatened" By Gov. Lawsuit

    Internet search company Google Inc. has said its intellectual property would be compromised if it complied with a White House demand to turn over huge amounts of search activity conducted by users.