contract

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CIA Terminates Blackwater Deal
 CIA Terminates Blackwater Deal 

CIA Terminates Blackwater Deal

Security firm helped load killer drones in Afghanistan, Pakistan

(Newser) - The Central Intelligence Agency has severed ties with private security firm Blackwater, whose employees helped load the drone aircraft tasked with killing targets in Afghanistan and Pakistan. CIA chief Leon Panetta killed the contract, a rep tells the New York Times , which was instrumental in revealing the firm’s ties...

Posh Reels In $5M Idol Contract
 Posh Reels In $5M Idol Contract 

Posh Reels In $5M Idol Contract

(Newser) - Victoria Beckham has landed a $5 million contract to sit in for Paula Abdul on American Idol, even though inside sources claim she fumbled her audition, reports the Daily Mail. She has host Simon Cowell's support, though program producers are still worried she comes across as too British and is...

Arbitration Firms Quit Consumer Debt Biz

Credit card, cell phone companies scramble to collect by themselves

(Newser) - Credit card and cell phone companies are scrambling as two major arbitration firms back out of the business of settling consumer disputes, the Wall Street Journal reports. The National Arbitration Forum—accused in a Minnesota lawsuit of misleading consumers into thinking it was impartial—will stop taking cases this week,...

Boeing Looks to Old 777 Model in Airbus Battle

Will re-tool tanker to compete for Pentagon refueling contract

(Newser) - With its 787 Dreamliner delayed, Boeing is turning to its 14-year-old 777 to compete with Airbus’ next plane, Bloomberg reports. At the Paris Air Show today, Boeing said it may make a new wing for the 777 in an effort to boost fuel efficiency, and will also showcase a 777-based...

Actors Approve Contract, Ending Threat of Strike

(Newser) - The Screen Actors Guild overwhelmingly approved a new contract tonight with the big Hollywood studios, ending an impasse that raised the threat of another strike in the entertainment industry, reports the LA Times. The approval, pushed by a group of top-tier actors such as George Clooney and Tom Hanks, comes...

Globe Union Rejects Pay Cut



 Globe
Union Rejects Pay Cut 

Globe Union Rejects Pay Cut

Struggling newspaper's staff vote against deal to slice pay, benefits despite warnings

(Newser) - The Boston Globe's biggest union has turned down a contract involving pay and benefit cuts despite threats that doing so may lead to deeper cuts, the New York Times reports. Boston Newspaper Guild members voted 277-265 against the offer from the New York Times Company after 12 hours of voting,...

Globe Union to Vote on Pay Cut
 Globe Union to Vote on Pay Cut 

Globe Union to Vote on Pay Cut

Rejection could spark legal battle

(Newser) - The Boston Globe’s biggest union votes today on whether to accept a $10 million cut to their wages and benefits, including an 8.4% pay cut, or to mount a legal fight with parent the New York Times Co., the Boston Herald reports. If the contract is rejected, the...

Dodgers Have No Way Out of Manny Deal

(Newser) - The Los Angeles Dodgers don’t have many options in dealing with confirmed doper Manny Ramirez, Sean Gregory writes in Time. Manny’s 50-game suspension is governed entirely by the drug agreement between the players association and Major League Baseball. There is no contract clause allowing the Dodgers to cancel...

Blackwater's Iraq Contract Ends

Virginia firm takes over security duties

(Newser) - Blackwater’s turbulent term in Iraq ends today with the expiration of its contract, CNN reports. The US opted not to renew the firm’s security services deal in January after Iraqi officials denied it a renewed operating license in the wake of a 2007 shooting in a public square....

Actors Union, Hollywood Studios Make Tentative Deal

(Newser) - Nearly 10 months after their previous contract expired, the Screen Actors Guild and Hollywood’s major film and TV studios have a tentative agreement for a 2-year deal, the Los Angeles Times reports. Few details of the deal, which must be ratified by the union’s 120,000 members, were...

Believe It or Not, Baseball Offers Frugal Lessons

Sport re-evaluates its pay structure

(Newser) - Looking at baseball, you’d think the country wasn’t in a recession—clubs are charging exorbitant ticket prices and shelling out tens of millions of dollars on top free agents. Will the bubble ever collapse? Probably not, writes Nate Silver for Esquire. MLB is, after all, a legally protected...

Jackson Will Testify in UK Trial
Jackson Will Testify in UK Trial 

Jackson Will Testify in UK Trial

King of Pop will claim prince's $7M advance was gift

(Newser) - Michael Jackson will appear in a London court next week in a civil trial over his soured partnership with Bahrain's Sheikh Abdullah, the Guardian reports. The Sheikh reportedly gave Jackson a $7M advance for several joint business ventures that never came to fruition, including building Jackson his own "oasis...

Contract Told Guy What to Say, Do

To get him in line, Madge would say, 'Contract, Guy, contract'

(Newser) - After a 2006 marriage-counseling session, Madonna pinned up a contract instructing Guy Ritchie to “enrich his wife's emotional and spiritual well-being” and defining what words he could use during fights, sources tell the Sun. If Ritchie shouted, fell behind on Kabbalah reading, or used “sex as a stick...

Accessory Faux Pas May Cost Theron $20M

Actress faces lawsuit over wristwatch

(Newser) - A federal lawsuit against Charlize Theron for breaching an endorsement contract will proceed, People reports. Raymond Weil is seeking the return of “substantial funds”—a reported $20 million—paid to the actress to wear its watches exclusively from 2005 to 2006. But Theron also had a deal with...

Beatles Contract Expected to Fetch $500K at Auction

Brian Epstein's copy of the original 1962 contract for sale

(Newser) - Brian Epstein's copy of his management contract with The Beatles, a pact that proved to be worth millions, is being offered for sale in London next month. The four-page document, signed by John Lennon, George Harrison, Paul McCartney, and Ringo Starr in 1962, carries an estimated $480,000 pricetag. McCartney...

Verizon, Unions Reach Deal
 Verizon, Unions
 Reach Deal

Verizon, Unions Reach Deal

Three-year contract protects health benefits for current workers, retirees, adds jobs

(Newser) - Verizon Communications and two labor unions representing 65,000 workers struck a 3-year deal yesterday, staving off a strike set for today, reports the Wall Street Journal. The contract, which replaces one that expired Aug. 2, adds 2,500 union jobs and protects the health benefits of current union members...

Without AT&T Contract, iPhone 3G Runs $600

Price doesn't quite add up, analyst says

(Newser) - AT&T will sell contract-free iPhone 3Gs for $600 (the 8-gig model) and $700 (16 gigs), a $401 mark-up, the New York Times notes. There are no details available on why a consumer would want the phone without the, er, phone, but AT&T says there is a demand—and...

Tough Calls Await on Boeing Defense Bid

CEO can fold if feds deny appeal on tanker, or ramp up lobbying

(Newser) - The Government Accountability Office must rule by next Thursday on Boeing’s appeal of an Air Force deal granting European rival Airbus a multi-billion dollar tanker contract—and CEO Jim McNerney has a tough call ahead if Boeing loses, the Seattle Times reports. He can ground the appeal, or draw...

Runner-Up 'Idol' Snags Music Deal

David Archuleta inks deal with Jive

(Newser) - “American Idol” runner-up David Archuleta has inked a deal with “Idol” creator Simon Fuller’s 19 Recordings/Jive Records, the AP reports. The 17-year-old lost to David Cook, 25, a former Missouri bartender, in an upset in last month's finale. Cook signed with the same label, MTV reports; the...

MySpace Bully's Case Sets Risky Course: Experts

Site's obscure contract, which most ignore, is key to the case

(Newser) - A criminal indictment over MySpace bullying that led to a Missouri teen's suicide sets an unusual and perhaps dangerous legal precedent, experts say. Because her activities violated the site’s terms of use, Lori Drew faces charges of computer fraud and abuse related to the death of Megan Meier, Wired...

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