US Airways Sets Terms For Takeover Of American AirlinesUS Airways have filed the first paperwork to begin the process of taking over American Airlines, which is currently in Chapter 11 bankruptcy protection.
Miami's Budget Stalls Over Police Union ContractThe city of Miami must close a $62 million deficit in the 2012 budget. The first of two public hearings is set for Thursday night and city leaders hope agreements reached with three of four unions may help bring the city closer to a balanced budget.
Miami's Ultimatum To Unions: Face Cuts Or Negotiate ContractsThe budget battle is heating up for the City of Miami, and the city has an ultimatum for its unions: renegotiate contracts or face big cuts.
Miami Declares Financial Urgency; Will Look To Unions For CutsMiami City Manager Johnny Martinez declared a financial urgency late Monday afternoon. Martinez’s declaration is a sign that he wants to renegotiate the union contracts with the police and fire fighters.