Results tagged “concession”

After threatening to shut down its plant if unions did not make concessions, agreements have been made between Boston Globe management (the paper is owned by the NY Times Co.) and three of four unions, thus allowing the Globe to survive a little longer. The Boston Newspaper Guild is the lone holdout and the Globe reports, "The possibility of a shutdown remains if the company can't reach agreement with the Guild over $10 million in cost reductions, as well as contract changes, particularly the elimination of lifetime job guarantees enjoyed by about 190 Guild employees." However, spokesperson is optimistic and says those savings could be achieved in other ways. Over in NYC, the NY Times' Newspaper Guild members agreed to take a 5% pay cut in order to avoid laying off dozens of people; the pay cuts will be restored if ad revenues bounce back.

Like the last party guest who lingers long after her welcome and leaves the hosts feeling a little awkward and anxious for her departure, Hillary Clinton finally conceded that she is not going to get the nomination of the Democratic Party in the 2008 Presidential election. In a fairly upbeat address at the National Buildings Museum in Washington, DC, Clinton pledged to work to unite Democrats after a long and bitter campaign.

When we took note of the Health Department’s crackdown on chain restaurants that refuse to display their calorie information, some commenters wondered how movie theaters would be affected. Since the rule applies to any New York City food server with at least 15 locations nationwide, are chains like Regal Cinemas now required to confront moviegoers with the bad news about their concession products (which are, technically, food)?