Personal Finance

UMKC’s Institute for Labor Studies program changes its name

Labor studies renamed

The Institute for Labor Studies, a program in the Economics Department at the University of Missouri-Kansas City, is changing its name.

The new title, Worker Education and Labor Studies, “reflects the needs of an evolving economy and broadens the mission of labor studies to include education, training and research about work and all working people,” the university said.

Program director and faculty member Judy Ancel said the program’s mission remains the same — to educate workers about labor law and their rights. Its topics include the global labor market economy, organized labor, the contingent workforce, underemployment and unemployment. The program also offers a Certificate Program in Labor Studies, which covers labor history, union leadership development, law, politics and bargaining.

With the name change, the program received a new logo designed by Ron Hoyle, an ironworker and artist.

Diane Stafford, Bankruptcy vote

AMR Corp., the parent of American Airlines, won court approval to have creditors vote on its plan to exit bankruptcy by merging with US Airways Group Inc. to create the world’s largest airline.

A bankruptcy Tuesday approved the disclosure statement that described AMR’s Chapter 11 plan.

American, based in Fort Worth, Texas, won approval last month to proceed with the combination, which would be completed when the airline leaves court protection.

The U.S. Trustee, an arm of the government that oversees bankruptcies, had objected to a provision of the plan that would grant a $20 million severance package to Chief Executive Officer Tom Horton.

American filed for bankruptcy in New York in November 2011 and announced the deal with US Airways in February.

Anti-dumping tariff

The European Union imposed tariffs as high as 67.9 percent on solar panels from China in the largest EU commercial dispute of its kind, seeking to help revive a withering industry in Europe.

The duties are to punish Chinese manufacturers of solar panels for allegedly selling them in the 27-nation EU below cost.

EU producers, including Solarworld AG, Germany’s No. 1 maker of the renewable energy technology, have suffered “significant harm” as a result of dumped imports from China, the European Commission said Tuesday.

Star news services