Business News Archive - August 29, 2007
Northwest Airlines Joins IAM National Pension Plan and Completes Initial Post-Restructuring Contributions to Employees' Retirement Savings
Northwest Airlines (NYSE:NWA) joined the International Association of Machinists and Aerospace Workers' (IAM) National Pension Plan by making its first employer contribution, $3,314,623, on behalf of the airline's IAM-represented employees.
Word of the Day
- One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
- A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.