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Hundreds of thousands of Teamsters will get reports this month on the funding status of their pension fund.
These funding notices are required by the Pension Protection Act (PPA) of 2006 which went into effect on Jan. 1—and some of them will have scary news.
DETROIT — The UAW strike at American Axle & Manufacturing Holdings Inc. that has halted light-truck production at General Motors soon may push the automaker to close its first car assembly plants.
GM could stop building the Chevrolet Cobalt and Pontiac G5 in Lordstown, Ohio, by April 4 because of a shortage of a brake part made by American Axle, according to an Associated Press report. … 
story Published: Mar 27 4:00 pm U.S. Eastern time [REG]
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