shutdown

(Newser) - Looks like a government shutdown has been avoided—for two weeks, at least. Democrats responded favorably last night to a Republican plan for a temporary, two-week extension that would allow the government to continue operating. The trade-off? It also requires a first installment of $4 billion in budget cuts to...

(Newser) - If the looming government shutdown actually arrives next month, what can you expect? The Los Angeles Times offers a preview, by reporting what occurred during previous shutdowns:

• Layoffs: During shutdowns in 1995 and 1996, hundreds of thousands of federal workers lost their jobs. Even federal employees who kept their jobs

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(Newser) - The New York Times will file a required 60-day notice with federal authorities that it plans to shut the storied Boston Globe, newspaper officials said last night. Tense negotiations with unions failed to produce millions of dollars in savings Times representatives say are necessary to continue Globe operations. The Newspaper...

(Newser) - Chrysler plans to shut down all operations for two weeks in July to save money and “accelerate Chrysler's recovery and transformation,” CEO Robert Nardelli writes in a company memo. Employees will take a forced break July 7-20 “in order to create better alignment and efficiency across organizational...