United to Seek More Concessions
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United Airlines said Friday it needs even more labor cuts than anticipated to get out of bankruptcy, raising the likelihood of a new round of wage and benefit reductions.
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Fans and small shareholders in Man United hope to increase their holdings as a way of seeing off Malcolm Glazer or any other bidder for the club.
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American billionaire Malcolm Glazer makes another takeover bid for Man Utd.
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United Airlines, the bankrupt carrier, yesterday made its first progress in efforts to achieve a second round of labour cost cuts when it said it had reached a tentative agreement
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United Airlines said on Wednesday it would reduce US flights and increase capacity on more lucrative international routes as part of its aggressive cost-cutting campaign to emerge from bankruptcy.
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Manchester United has received a bid approach, boosting its shares as industry sources said U.S. sports tycoon Malcolm Glazer planned a bid of more than 650 million pounds.
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Manchester United Plc, the world&#39;s biggest soccer club by revenue, said it may receive a takeover offer from an unidentified bidder.
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United Airlines is expected to ask a bankruptcy judge to let it extract new concessions worth $725 million a year from employees as it seeks to reorganize, the Wall Street Journal reported on Friday, citing unnamed sources.
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Malcolm Glazer has told Manchester United he is preparing a revised offer for the world&#39;s richest football club. In a statement to the Stock Exchange this afternoon United
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Malcolm Glazer edged closer to triggering a mandatory bid for Manchester United last night by increasing his stake in the club to 27.
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CHICAGO United Airlines, which has been threatening to end its pensions, has sent contract proposals to its employee unions. United wants to replace future pension plans with a defined contribution plan.
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English football giants Manchester United confirmed that they had received a &quot;preliminary approach&quot; regarding a possible takeover offer.
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United Airlines says it&#39;ll need even more labor cuts than anticipated to get out of bankruptcy. United told a bankruptcy court judge in Chicago today that it intends to start talks with unions next month on a new round of cost savings.
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Talk of a strike against US Airways escalated yesterday as the troubled carrier continued negotiations with three unions over concessions in advance of tomorrow&#39;s bankruptcy
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NEW YORK -- The NHL Players&#39; Association is working on a proposal that will see players give up serious concessions in a bid to salvage the season.
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CHICAGO United Airlines says it will need even more labor cuts than anticipated to get out of bankruptcy. United told a bankruptcy court judge in Chicago today that it intends to start talks with unions next month on a new round of cost savings.
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HONG KONG (CBS.MW) - Manchester United, the best-known soccer club in the world, is expected to issue a statement this week telling Tampa Bay Buccaneers owner Malcolm Glazer to &quot;put up or shut up&quot; on a possible new offer.