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January 16, 1996 | Times Staff and Wire Reports
Burlington to Take $585-Million Charge: Burlington Northern Santa Fe Corp. said it will take the fourth-quarter pretax charge to cut about 2,600 jobs, or 6% of its work force, and shed thousands of miles of little-used track. The Fort Worth-based railroad company, the largest in North America, said the cuts will help it absorb its $4-billion acquisition of Schaumburg, Ill.-based Santa Fe Pacific Corp. Burlington didn't disclose the after-tax effect of the charge.
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BUSINESS
January 16, 1996 | Times Staff and Wire Reports
Burlington to Take $585-Million Charge: Burlington Northern Santa Fe Corp. said it will take the fourth-quarter pretax charge to cut about 2,600 jobs, or 6% of its work force, and shed thousands of miles of little-used track. The Fort Worth-based railroad company, the largest in North America, said the cuts will help it absorb its $4-billion acquisition of Schaumburg, Ill.-based Santa Fe Pacific Corp. Burlington didn't disclose the after-tax effect of the charge.
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CALIFORNIA | LOCAL
February 15, 1992
A federal judge in Los Angeles late Friday issued a temporary restraining order against the 50,000-member International Longshoremen's and Warehousemen's Union to block its threatened one-day walkout Monday at West Coast ports. ILWU officials could not be reached for comment about the ruling by U.S. District Court Judge Robert A. Takasugi. Previously, the ILWU announced plans to stage a 24-hour walkout in protest of Southern Pacific's layoffs of 350 longshoremen at a Wilmington rail yard.
CALIFORNIA | LOCAL
February 15, 1992
A federal judge in Los Angeles late Friday issued a temporary restraining order against the 50,000-member International Longshoremen's and Warehousemen's Union to block its threatened one-day walkout Monday at West Coast ports. ILWU officials could not be reached for comment about the ruling by U.S. District Court Judge Robert A. Takasugi. Previously, the ILWU announced plans to stage a 24-hour walkout in protest of Southern Pacific's layoffs of 350 longshoremen at a Wilmington rail yard.
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