Marketplace PM for March 31, 2006
Delphi, primary supplier of parts for General Motors, wants a bankruptcy court to void union labor contracts. Many think this move, along with Delphi's plant closures and layoffs, could provoke a strike. John Dimsdale reports.
Posted In: Investing
The panel that sets accounting rules for American companies is proposing a new method of reporting pensionobligations. It addresses the complaint that previous methods opened shareholders and employees to financial risks. Ashley Milne-Tyte reports
French President Jacques Chirac says he'll approve the controversial labor reforms that have fueled massive protests in that nation. Economist Glenn Hubbard has been watching the coverage and says it's a disturbing look in the mirror.