Wage Contract Issues

The Dorchester Senior Center in the south suburbs has a steady stream of visitors: attentive relatives, busy repairmen and, lately, inquisitive federal investigators. The five-story, village-owned building that looks out over a dreary interstate has...

DETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to...

DUBAI (Reuters) - Thousands of workers employed by Dubai's largest construction firm, Arabtec, stayed away from work on Sunday to back wage demands, a rare labor protest in the Gulf emirate, where trade unions are banned, staff said. Most blue collar...

FARGO, N.D. - Last fall, for the fourth straight year, Thief River Falls, Minn., farmer Ken Asp chose not to re-enroll some of his farmland in the Conservation Reservation Program. Enrolling the land into CRP made economic sense when he did it, in...

Will County Board members Thursday sent a message to state lawmakers—pass a concealed carry law before it automatically becomes law. Board members voted 15-6, with three members voting "present," supporting a resolution backing a concealed carry...

Gold Cross Ambulance employees reached a contract impasse with the company and a strike notice has been issued, a union representative confirmed Wednesday. Contract impasses involving Gold Cross Ambulance have reportedly occurred in the past, but an...

Officials at the Metropolitan Water Reclamation District this week moved to fire an assistant director who had spent more than a year on paid leave during an internal investigation. In the formal termination documents filed with the Chicago-based water...

May 9 (Reuters) - Caterpillar Inc said Thursday that a bid by the United Steelworkers Union to re-open contract talks on behalf of workers in Milwaukee who make mining machinery had not resulted in a breakthrough and that no new meetings between the two...

(Reuters) - Detroit is clearly insolvent and could face a possible bankruptcy if talks with labor unions and creditors do not make substantial progress on easing the city's cash crunch, the city's emergency financial manager said on Monday. In his...

* U.S. appeals court ruling expected in coming weeks * Argentina could take its case to the Supreme Court * Market is prepared for a technical default By Hilary Burke BUENOS AIRES, May 13 (Reuters) - When Argentina defaulted on its debt in 2002, the...

By Joseph Ax NEW YORK, May 12 (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal...

By Lucia Mutikani WASHINGTON, May 11 (Reuters) - Stacey Kalivas should be celebrating her graduation from college later this week. Instead, the 22 year-old is getting ready to move back home with broken dreams and in debt. Kalivas is a member of the...