Execs Want Severance Deal Before Starting
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More and more North American  executives who are weighing job offers want to know what they  would get if the company they join eventually decides to let  them go.
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Slow sales and slashed workforces have reportedly prompted executives from the two ailing auto giants to talk about an alliance - or even a merger
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A severance package the nominee was to receive from the National Association of Manufacturers had been at issue.
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Politicians in France increased calls for the resignation of top executives at SociÃ©tÃ© GÃ©nÃ©rale, ahead of the boardâs regular meeting, scheduled for Wednesday.
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Many of Corporate Washington's executives and board members have side deals with the companies they oversee.
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SAN FRANCISCO - Mayor Gavin Newsom on Sunday asked labor leaders and the management of 14 hotels embroiled in a nearly month-old dispute to resume normal operations for at least 90 days while the two sides try to negotiate a new contract.
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A group representing business travelers on Tuesday asked the US Congress to draft plans in the event that several major airlines are forced to liquidate.
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Sony BMG Tuesday offered either early retirement or voluntary severance to all eligible employees at the newly formed music giant, warning that future layoffs may not be accompanied by such generous terms.
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ALEXANDRIA, Va. -- US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition itself as a low-cost carrier, and avoid a possible liquidation.
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Some of the nation's biggest companies face a deadline Monday for completing internal financial control reviews, an effort that has created intense friction between corporate managers and auditors.
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ARLINGTON US Airways Chief Executive Bruce Lakefield said yesterday that the airline would, as expected, ask a bankruptcy judge to impose temporary pay cuts on its union workers to conserve cash during the slow fall travel season.
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In an apparent bid to ease workplace anxiety amid the threat of a possible takeover by Oracle, PeopleSoft directors have approved more-generous severance packages for employees in the event of a sale.
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Movie and television directors said Thursday that they were prepared to begin bargaining toward a new contract with production companies after the New Year holiday.
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Bruce Wasserstein, head of Lazard LLC, is asking partners to take a one-third pay cut as he readies the world&#39;s largest closely held investment bank for a share sale, people familiar with the situation said.
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Republican Party leaders hope to ratchet up the pressure on Gov. James E. McGreevey to leave office before a self-imposed November deadline by taking their case to the public.
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Merck & Co. Inc. MRK.N, whose shares  have tumbled since the withdrawal of its blockbuster arthritis  drug Vioxx, said on Monday it has adopted a severance benefits  plan aimed at protecting key managers in the event the company  is taken over or liquidated.
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Leaders of the union representing mechanics and baggage handlers at US Airways would like to present a concession package to members within several days, the union said on Friday.