BRIEFCASE.Byline: -- Staff and Wire Services
Steelworkers strike Goodyear
AKRON, Ohio Akron is a city in the U.S. state of Ohio and the county seat of Summit County.GR6 The municipality is located in northeastern Ohio on the Cuyahoga River between Cleveland to the north and Canton to the south, approximately 60 miles (96 km) west of -- Steelworkers union members walked off the job Thursday at 16 Goodyear Tire & Rubber Co. plants in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, unable to reach an agreement on a new contract despite months of talks with the world's third-biggest tire maker.
Goodyear said the union refused to agree to help it remain competitive in a global economy. The union said the company's latest proposal would have included two plant closings and other concessions.
Saul Ludwig, a KeyBanc Capital Markets analyst, said in an e-mail to The Associated Press Associated Press: see news agency.
Associated Press (AP)
Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. that unless the strike was lengthy, consumers should not see tire prices affected by the walkout because of the large inventory of tires in the market.
Another partner for Nissan?
NASHVILLE, Tenn. -- One day after talks ended over a potential alliance with General Motors Corp., a Nissan official said Thursday the automaker could be interested in another partnership.
After three months of discussion, Nissan and Renault SA of France declined to pay a premium for reaping what GM said would have been a disproportionate dis·pro·por·tion·ate
Out of proportion, as in size, shape, or amount.
dispro·por share of the benefits, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. a joint statement issued by the companies.
Nissan's shares climbed 3.47 percent to close at 1,369 yen ($11.65) Thursday as investors reacted with relief.
But Nissan remains open to the possibility of talking with another automaker.
More Starbucks stores than ever
SEATTLE -- Starbucks Corp., its stock surging amid healthy sales at existing locations, on Thursday set a new long-term goal to have 40,000 coffee stores worldwide, 10,000 more than its previous target and more than triple the current number.
Starbucks also announced at an analyst meeting in its hometown home·town
The town or city of one's birth, rearing, or main residence.
Noun 1. hometown - the town (or city) where you grew up or where you have your principal residence; "he never went back to his hometown again" of Seattle a deal to feature the music it sells in its stores on Apple Computer Inc.'s iTunes online music service.
UPS laying off some employees
ATLANTA -- UPS is laying off an unspecified Adj. 1. unspecified - not stated explicitly or in detail; "threatened unspecified reprisals"
specified - clearly and explicitly stated; "meals are at specified times" number of white-collar workers white-collar workers, broad occupational grouping of workers engaged in nonmanual labor; frequently contrasted with blue-collar (manual) employees. American in origin, the term has close analogues in other industrial countries. in metro Atlanta and elsewhere as it digests a series of acquisitions, company officials acknowledged. Company officials declined to quantify the job reductions.
``There's no target number,'' said Susan Rosenberg, a UPS spokeswoman at the company's headquarters.
UPS has about 10,000 metro Atlanta employees and 400,000 worldwide.