Tanker News

UAW makes billion-dollar concessions

These should be glory days for U.S. labor unions, a time to call in their political chits. Instead, union leaders are grappling with layoffs, bankruptcies and contract concessions. The United Auto Workers now says it will delay billions of dollars in payments to its health care trust and may downgrade a program that lets some union members draw up to 95% of their pay after a layoff. Boston Globe, The (12/4)