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One Week from Bargaining Deadline, GE and Unions Far Apart, May Be Headed for Clash
With just one week to go in national negotiations between the General Electric Company and a coalition of unions, confrontation looks increasingly possible. GE, whose 2010 profits were over $14.2 billion while it paid zero in 2010 federal income taxes, is seeking deep cuts in pensions, healthcare and other benefits to union workers. At […]