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The Northwest Airlines Corporation posted a fourth-quarter profit yesterday on a gain from its regional carrier's initial public offering, but it swung back to an operating loss without that benefit under the weight of hefty labor costs.
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At least seven Republican senators refused to publicly back the former chief executive of CKE Restaurants, which owns the burger chains Carl's Jr. and Hardee's, as criticism mounted over his hefty stack of labor violations and long-standing support for increased immigration.
While relatively inexperienced and a leader of organizations with less than half the Philharmonic's $69 million budget, Mr. VanBesien faces enormous challenges: persistent and large deficits, labor friction, hefty pension liabilities, the lack of an established summer home like the Boston Symphony's at Tanglewood, and competition from orchestras visiting Carnegie Hall.
Toys RR" Us filed for an initial offering in 2010, but it has made no further moves as it labors under a hefty debt load.
The labor code -- a 2,700-page 2,700-page -- remains a serious brake on flexibility for employment.
Then after Howard and company announced a nice tax cut program, Labor hit back with their own hefty tax cut agenda, neutralizing this potent issue.
Gus Bevona, whose persona as a hefty, blunt-talking, boss-denouncing throwback to old-time labor leaders helped him make janitors, handymen and elevator operators in New York City apartment and office buildings the highest paid in the nation, died Tuesday.
But it has labored for years to emerge from a hefty debt load taken on in a 2007 leveraged buyout.
Most companies are absorbing the majority of the hefty increases, hoping to retain important employees in a tight labor market, but they are sharing the burden with workers.
Besides, what new owner wants to be freighted with hefty contracts that never end when Kidd can turn cheap labor into highlight makers with the court vision of a clairvoyant?
Lawsuits and hefty fines are one way of preventing businesses from skirting labor rules –- but organizations must be more proactive and accountable when it comes to such regulations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com