Goodyear draws line in the sand

Goodyear Tire & Rubber Co. has set a deadline for reaching a tentative labour agreement with the United Steelworkers of America, a spokesman for the union said on Thursday. Goodyear has told union leaders that it will move forward with unspecified plans to secure the company’s future if a deal is not struck by midday on Friday, the union said.
Goodyear and the steelworkers have been unable to reach a compromise on key issues of job security, financial restructuring and health care for current and retired employees.