daily briefing

daily briefing

January 31, 2009

Southwest mechanics approve 4-year pact

DALLAS : Mechanics at Southwest Airlines Co. approved a new four-year contract that calls for annual raises and bonuses and includes an agreement on the company's ability to send maintenance work abroad. The union that represents 2,500 of Southwest's 35,000 employees said the contract includes raises of 3 percent each in 2009, 2010 and 2011, and 1 percent in 2012. Southwest is the largest carrier at Baltimore-Washington International Thurgood Marshall Airport.

Associated Press

Jos. A. Bank promotes Thorne to executive VP

Jos. A. Bank Clothiers Inc. announced yesterday that it promoted James W. Thorne to executive vice president for merchandising and chief merchandising officer, effective tomorrow. He was most recently senior vice president for merchandising and head of planning and allocation. Thorne will continue to lead the company's merchandising department, overseeing product design, manufacturing and sourcing.

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