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Popular Articles

Brown to talk to Tata for saving Teesside plants
British Prime Minister Gordon Brown has promised to talk to Tata Group Chairman Ratan Tata, as a final effort to stop the Corus steel plants in Teesside from being shut at the month-end, thus saving 1,700 jobs.

Low Nano volumes drives prices of used cars
Low volumes of the "common man"s car", expected to encourage people to buy a brand new car instead of an used one, has, however, put prices in the used car market back on track.

News of the day

Death claims up 21% in April-June quarter
The life insurance industry has paid around Rs 1,717 crore as death benefit to policy holders between April and June 2009 compared with Rs 1,422 crore during the corresponding quarter last year (an increase of 20.74 per cent), according to Life Insurance Council, the body governing life insurance companies in India.
Small Business

UAW said to pick King as next leader of smaller union

United Auto Workers (UAW) President Ron Gettelfinger plans to anoint Bob King, head of negotiations with Ford Motor Co, to be the shrinking union’s next president, on December 16, said two people familiar with the matter. - Ford"s union workers said to reject givebacks US rivals got Gettelfinger and his administration caucus are to nominate King among a slate of prospective leaders, said the people, who asked not to be identified discussing internal union politics. Those endorsed by the caucus, the union’s dominant political party, are expected to be elected by delegates at the UAW constitutional convention next June. King, a journeyman electrician who also has a law degree, is set to inherit a union that has fallen to 431,000 members from a peak of 1.5 million in 1979. King is ascending to the union’s top job despite last month’s rejection of concessions by Ford’s 41,000 hourly workers. It was the second round of givebacks he negotiated this year with Ford, the only major US automaker to avoid bankruptcy.


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