After seven months of talks, the Reuters Information Services Inc. local of the Newspaper Guild isn't even close to a new labor contract with management. At issue are medical and maternity benefits and pay scales. Reuters Holdings PLC earned $291.6 million after tax last year, a 35 percent increase over 1988. But Reuters has never broken out profit figures for its North American operations.
The 500-member guild unit is a local of the 35,000-member International Newspaper Guild, an affiliate
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails