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negotiations

AT&T fails to reach terms with workers union

April 10th, 2012

AT&T was unable to reach a settlement with the Communications Workers of America by the April 7th deadline to extend Four Core Wireline contracts. More than 40,000 employees will continue to work under the terms of the expired contract, however, as negotiations between the two parties continue. “The ongoing negotiation reflects the spirit of the …

Foxconn’s $12 billion Brazil iPad plant ‘in doubt’

September 29th, 2011

Foxconn’s plans to build a $12 billion factory in Brazil dedicated to producing iPads is “in doubt,” government officials in Brazil told Reuters. Reportedly, negotiations have stalled because both sides have yet to reach an agreement on tax breaks for Foxconn. Additionally, Brazil may not be able to populate the factory with enough skilled laborers. …

Verizon workers end strike and return to work

August 22nd, 2011

Verizon employees will end a widely publicized strike on Tuesday and return to work. 45,000 Verizon employees went on strike on August 7th after failing to reach an agreement over new contract terms. The Communications Workers of America and the International Brotherhood of Electrical Workers still have not reached an agreement with Verizon and the …

HTC willing to bury the hatchet with Apple in patent battle

July 26th, 2011

Speaking with Bloomberg recently, HTC’s chief financial officer Winston Yung said that his company is open to cutting a deal with Apple over various patents the two companies are currently fighting over. “We have to sit down and figure it out,” Yung said. “We are open to all sorts of solutions, as long as the …

Microsoft drops the Y-bomb, again

March 10th, 2009

Everyone’s favorite star-crossed lovers — the likes of which haven’t been seen since General Hospital — may be coming back to the bargaining table, yet again, in an effort to unite two of the Internet’s biggest powerhouses. Yep, speculation is in full swing once more as Microsoft COO reveals the company is still interested in …