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Business News Archive - December 02, 2007

A UFCW work stoppage at Safeway stores was avoided after round-the-clock negotiations resulted in a tentative agreement with four UFCW Unions representing 25,000 workers at some 300 Safeway stores in Northern California. The four-year agreement was reached the day the contract was set to expire.

Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.