Marketplace AM for March 7, 2006
Posted In: Investing, Wall Street
More than 1200 retired GM autoworkers have lodged formal complaints against a deal between the automaker and the United Auto Workers to require pensioners to pay more for their healthcare. A federal hearing into the matter concludes today and Judge Robert Cleland has until April 1 to approve or reject the deal. Ashley Milne-Tyte reports.
The World Trade Organization ruled that Mexico violated international trade rules by slapping a 20% tax on imported soft drinks that contain sweeteners other than cane sugar. The U.S. had opposed the tax. Dan Grech reports.
A new campaign is underway to tout the benefits of technology transfers from public universities. Some are critical of the windfall revenues the universities enjoy. Janet Babin reports.
The German-American car giant DaimlerChrysler has admitted that it paid bribes for business abroad. The company's admission came as German prosecutors launched an investigation into the car maker. From the European Desk in London, Stephen Beard reports.