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Volvo unit saves 600 jobs with salary cut deal - Forbes

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Friday, 29 May 2009 06:57

AFP

Volvo unit saves 600 jobs with salary cut deal Forbes AP , 05.29.09, 07:41 AM EDT Swedish truck maker AB Volvo on Friday said it would cancel some previously announced layoff plans in its Powertrain unit, saving 600 jobs after reaching a deal with a labor union to instead slash salaries and working hours. Volvo's Powertrain scraps job cuts after pay deal Reuters Volvo In Union Deal To Cut Wages, Hours For Powertrain Unit Wall Street Journal AFP - RTT News - WELT ONLINE all 31 news articles

500,000 homeless after South Asia cyclone (AP)

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Friday, 29 May 2009 06:56

AP - Hundreds of thousands of people flooded out of their homes by deadly Cyclone Aila crowded government shelters in eastern India and Bangladesh on Friday, and officials said the risk of disease outbreaks was growing.

Boyle Web sensation: A massive missed opportunity? (AP)

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Friday, 29 May 2009 06:56

AP - The final act of the year"s biggest pop culture sensation will not be seen on TVs, beamed out to multiplexes or heard much on the airwaves. Well, at least not in America.

Shelby assails large gov"t role in General Motors (AP)

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Friday, 29 May 2009 06:54