Update 1: US Airways Union Says Labor Deal Is Near

Other author's news:

• Philip Green Drops Bid for Marks & Spencer - Retail entrepreneur Philip Green said Wednesday he had dropped his $16.8 billion bid to take over the food and clothing chain Marks & Spencer PLC.
• Turkish Airlines to Purchase 36 Airbus - Turkey's national carrier, Turkish Airlines, announced Wednesday that it plans to buy 36 Airbus and 15 Boeing passenger aircraft in the largest expansion in the company's history.
• Update 1: Louisiana-Pacific Names Frost CEO - Louisiana-Pacific Corp. named executive vice president Richard W. Frost the lumber company's next chief executive, company officials announced Tuesday.

Similar news:

• United Air machinists union ratifies labor deal - Members of the union representing20,000 groundworkers at bankrupt United Airlines have ratifieda five-year contract that saves the No. 2 U.S. carrier $176million a year, the International Association of Machinistssaid on Thursday.
• Update 8: Airbus Signs $7B Deal With Etihad Airways - European aircraft maker Airbus signed a deal Tuesday worth more than $7 billion to sell 24 airplanes to Abu Dhabi-based Etihad Airways, including four of its new A380 jumbo jets.
• Update 2: Union: DaimlerChrysler, Workers Reach Deal - The deal involves euro500 million (US$612 million) in annual labor cost savings in return for securing the jobs of more than 6,000 German workers until 2012, DaimlerChrysler chief executive Juergen Schrempp and chief worker representative Erich Klemm told

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