Retiree health plan stalling UAW-GM talks
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DETROIT - As bargainers for the United Auto Workers and General Motors Corp. continue to haggle across a table in Detroit, the big issue in the critical contract talks comes down to this: If GM pays the union to take on the company's huge retiree healthcare obligations, can the UAW's investments return more than the rate of healthcare inflation?
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General Motors Corp  in its  contract negotiations with the United Auto Workers union has  proposed one option that excludes establishing a union-run  healthcare trust but calls for deeper cuts in several areas,  the Wall Street Journal reported in its online edition.
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DETROIT -- The United Auto Workers will not give the same health care concessions to DaimlerChrysler AG's Chrysler Group that it gave to General Motors Corp. and Ford Motor Co., the union's president said Thursday.
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Negotiators from General Motors Corp and the United Auto Workers union made progress on Saturday toward a new contract but faced unresolved issues as both sides hunkered down for longer-running talks.
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Representatives of General Motors Corp   and the United Auto Workers union returned to the  bargaining table on Saturday amid expectations the two sides  were closing in on a deal that would slash health care costs  for the top U.S. automaker.
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With their contract due to expire at midnight tonight, union workers at General Electric's aircraft engine plant in Lynn hope a new labor pact comes with an affordable healthcare plan for their retired colleagues.
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At a time when cost-cutting pressures have strained relations between automakers and suppliers, General Motors Corp. Chairman and CEO Rick Wagoner said Tuesday that the two sides must cooperate to rein in soaring health-care expenses.
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Representatives of General Motors Corp   and the United Auto Workers union closed in on Saturday  on a tentative labor agreement that would slash health-care  costs for the top U.S. automaker.
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US regulators asked automotive giants General Motors Corp. and Ford Motor Co. for information on how they account for pension and health care plans, the companies said on Tuesday.
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Negotiations between the United Auto Workers and General Motors Corp  pressed deep into a fourth day on Tuesday after the contract expiration as the union told members it may be forced to set a firm deadline to complete talks if progress stalls.
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Many companies are dropping their promise of health benefits for future retirees, who now might have to stay on the job longer and rely on government health care in their old age.
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Representatives of General Motors Corp  and the United Auto Workers union closed in on Saturday on a tentative labor agreement that would slash health-care costs for the top U.S. automaker.
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DETROIT - General Motors Corp. and the United Auto Workers made progress at the bargaining table yesterday but still faced significant hurdles and weren't expected to agree on a new contract until later in the weekend.
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Negotiators from General Motors Corp and the United Auto Workers union on Saturday suspended contract talks after a marathon bargaining session and agreed to return to the table later on Saturday.
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DETROIT -- Contract talks between the United Auto Workers and General Motors Corp., the nation's largest vehicle manufacturer, got under way Monday.
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The union representing AirTran Airways flight attendants said Thursday that talks with AirTran Holdings Inc. have stalled over work rules.
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U.S. regulators asked automotive giants  General Motors Corp. GM.Nand Ford Motor Co. F.N for  information on how they account for pension and health care  plans, the companies said on Tuesday.