June 27, 2008: Interstate Bakeries Corp. must file a new reorganization plan by Monday and get support from its unions or provide a liquidation strategy to its lenders.
The stipulations are laid out in the bankrupt company's most recent financing package provided by a group of lenders. Kansas City-based IBC filed for protection from creditors in September 2004 amid rising costs and declining sales.
Click here to read more at tradingmarkets.com.
Seventeen thousand union members in the Southeast are on strike against AT&T. AT&T wants to hike their healthcare costs and is refusing to engage in good faith negotiations for a new contract. Here's how you can support them, including honoring picket lines.
UPS Teamsters from across the country joined our webinar on enforcing new heat safety rights at UPS. Watch the webinar below. Then check out our heat safety rights toolkit. It includes resources to inform other members and enforce our heat safety rights this summer.
