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  Institute of Industrial Relations Library
   Labor and Employment Weblog
   University of California, Berkeley
Updated 11/13/2003; 4:00:13 PM

Friday, October 03, 2003

Daimler to suspend Pacifica plant [GAM]The Windsor, Ont., assembly plant turning out the vehicle carrying DaimlerChrysler AG's hopes for a revival in the North American market will be shut for two weeks later this month because of slack demand. Globe & Mail, Canada
10:45:21 AM    comment []

House prices 'set to fall 20%'. A leading economics team forecasts that UK house prices will drop 20% as the housing bubble bursts with a vengeance. [BBC News | News Front Page | UK Edition]
10:43:56 AM    comment []

Eastman Chemical Sets Job Cuts (Reuters). Reuters - Eastman Chemical Co. (EMN.N) on Friday said higher raw material costs and lower product prices would push its third-quarter earnings lower, and it will cut almost 4 percent of its work force. [Yahoo! News - Business]
10:43:41 AM    comment []

Payrolls Rise First Time in 8 Months (Reuters). Reuters - U.S. employers added jobs in September for the first time in eight months, the Labor Department said on Friday in a surprise twist for financial markets, which had been braced for more losses. [Yahoo! News - Business]
10:43:28 AM    comment []

Big Pension Funds Object to Proposal on Proxy Rules. Managers of the nation's largest pension funds raised objections to proposed rules by the Securities and Exchange Commission. By Stephen Labaton. [New York Times: Business]
10:43:17 AM    comment []

House Rebuffs the White House Over Rules to Limit Overtime Pay. The Republican-controlled House reversed itself and voted to block the White House from issuing regulations that some say would strip millions of workers of their right to overtime pay. By Sheryl Gay Stolberg. [New York Times: Business]
10:43:06 AM    comment []

Unemployment Claims Rose Last Week. The Commerce Department reported that factory orders dropped a larger-than-expected 0.8 percent in August. By Reuters. [New York Times: Business]
10:42:51 AM    comment []

Nike Plans to Close Hockey-Gear Plants. By Bloomberg News. By Bloomberg News. [New York Times: Business]
10:42:40 AM    comment []

US firms boost jobs, jobless rate stuck at 6.1 percent (AFP). AFP - US businesses unexpectedly hired 57,000 people in September, finally snapping a seven-month run of layoffs, but the jobless rate stagnated at 6.1 percent, the government said. [Yahoo! News - Business]
10:41:56 AM    comment []


Copyright 2003 Janice Kimball