Compromise reveals Detroit's 'dinosaurs' can adapt to survive
(NEWSER) - The deal hammered out between Ford and the UAW offers Detroit a rare glimpse of hope for the future, Jim Jelter writes in MarketWatch. The deal, ratified by workers yesterday, lets Ford pay half its health-care costs for workers in shares instead of cash, binding workers fortunes' closer to the company and showing lawmakers that unions are willing to take a share of the burden in hard times, writes Jelter. More»