Word: contracts
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Dates: during 1980-1989
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...levels. Once a great engine of social and economic improvement, the Federal Government began to lose its bearings in the '60s and '70s in the midst of wars, both cold and hot, domestic upheavals and a worldwide economic revolution. As the nation's economic base began to contract, some basic elements of the American Dream -- homeownership, a college education -- began slowly to recede. The Government responded fitfully to these developments and eventually took on the form of a bloated, inefficient, helpless giant...
...Stone has three alternatives. First, he should persuade the other Pittston directors to return to the table and negotiate a new contract with the UMWA in good faith. If he is unable to do so, he should resign from the board in protest. His continued presence there would only demonstrate complicity with Pittston's union busting. If Stone is unwilling to resign from Pittston, he does not belong on the Harvard Corporation and should resign...
...first strike against Boeing in twelve years, the walkout came after a federal mediator failed to bring labor and management together on a new contract. Union Vice President Justin Ostro drew cheers from machinists in Seattle's Kingdome when he declared, "There is no good time to strike, only a right time to strike...
...proposed three-year contract that the machinists rejected offered pay raises of 4% in the first year and 3% in each of the next two, bonus payments of 8% the first year and 3% the second, improved health benefits and a 20% cutback in mandatory overtime. Boeing considered the offer "generous," said spokesman Russell Young. But union official Jack Daniels of District 751 in Seattle dismissed it as "peanuts," pointing to Boeing's profit of $614 million in 1988 and $356 million in the first half of this year...
...dealt with in a school "where people can come in to an unintimidating atmosphere, sit in a classroom and talk, work things through, and find out how people learn, just as we do at the tennis college." The company agreed and in 1987 signed him to a five-year contract. Ski magazine also likes his method, naming his Aspen school the best in the country this year...