Retirement is part of the American dream. Unfortunately, the nation’s financial meltdown is making the act tougher than ever. Social Security alone won’t pay the bills.
Will the unions ever learn? YRC Worldwide (NYSE:YRCW) investors are riding a nauseating roller coaster this week as management and the union debate a pension obligation. If a deal is not reached, the trucking company’s next stop may be at a bankruptcy court.
The Boeing Co. (BA). said yesterday (Sunday) that its machinists in Washington, Oregon and Kansas ended a 58-day strike when the 27,000 unionized workers ratified a four-year contract.