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Monday, 20 March 2006 |
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General Motors, with a $90.9 billion pension fund – the largest among U.S. companies – announced on March 7 that it will freeze pension benefits for nonunion workers. The move will cut the company’s costs by $1.6 billion in 2006 and reduce benefits for 42,000 salaried GM employees. |
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Friday, 17 March 2006 |
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Two months after the New York Times revealed that the Bush Administration ordered the National Security Agency to conduct warrantless surveillance of American citizens, only three corporations--AT&T, Sprint and MCI--have been identified by the media as cooperating. If the reports in the Times and other newspapers are true, these companies have allowed the NSA to intercept thousands of telephone calls, fax messages and e-mails without warrants from a special oversight court established by Congress under the 1978 Foreign Intelligence Surveillance Act (FISA). |
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AT&T Lay-Off Prompts Investigation |
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Thursday, 16 March 2006 |
HARRISBURG – The Pennsylvania Public Utility Commission (PUC) today directed its staff to investigate AT&T's recent workforce reductions in Pennsylvania – and their impact on service quality and the call center that handles calls between people who are deaf, hard of hearing and speech disabled, and the hearing public. This is one of two actions the PUC took today related to mergers and economic development.
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