http://www.iht.com/articles/ap/2007/09/10/business/NA-FIN-US-Dow-Jones-Labor.phpThe Associated Press
Published: September 10, 2007
NEW YORK: Reporters from The Wall Street Journal picketed outside of the newspaper's headquarters building Monday to protest the most recent labor contract proposals, including higher health care payments, from Dow Jones & Co., the paper's parent company.
About 35 reporters wearing placards with slogans including "Give us a fair deal" and "No pay cut" circled in front of the newspaper's building in lower Manhattan beginning in late morning.
The union which represents Journal reporters, the Independent Association of Publishers' Employees, has been working without a contract since the end of January, said E.S. Browning, a longtime stock market reporter for the paper who heads the union's bargaining committee.
The union said in a statement that the protests were aimed both at Dow Jones management as well as the paper's prospective new owner, Rupert Murdoch's News Corp., which has agreed to buy Dow Jones for $5 billion (€3.62 billion).
Meanwhile, Rich Zannino, the CEO of Dow Jones, posted a note to employees Monday on an internal computer system saying that while the "main goal" of the News Corp. deal is to strengthen Dow Jones' products and brands, "not by slashing costs," he said: "Still, there will be some changes."
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