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Business Wire

UAW and American Axle reach deal that could end strike
American Axle and Manufacturing Holdings Inc. reportedly boosted its wage offer and increased the payments it will give workers to take a wage cut as part of a tentative agreement that could settle an 11-week strike.
Russian company buys Ohio steelmaker
OAO Severstal is buying WCI Steel Inc. in a deal that will expand Steverstal operations in the U.S.
Dan's and Macey's stores going non-smoking route
Dan's and Macey's grocery stores will stop selling tobacco products, starting June 1.
Supervalu paid CEO Noddle $5.3 million
A regulatory filing shows that Supervalu Chairman and CEO Jeffrey Noddle's pay fell to about 5.3 million dollars, without the stock awards that had boosted it the previous year
Jewelry Television eliminates jobs in Tennessee
Jewelry Television has announced the elimination of 215 jobs.


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