- China Overcapacity Worsening, EU Chamber Warns
- Investing in Good Karma – and Making a Profit
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Fed to Counsel Moviegoers on How to Use Credit Cards
- Where Do Pardoned Turkeys Go?
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Judge Erases Couple's $525,000 Mortgage Payment
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- China announces plan to boost energy efficiency
- Malaysia plans 4 percent sales tax by 2011
- Australian tax office bills TPG for $629 million
- Neb. drops theft charges against auto executives
- Judge tells Reserve Primary fund to pay out assets
- Freedom Comm. discloses buyer for Arizona paper
- AIG cuts salaries to 3 top executives
- Correction: Credit Suisse-Colorado story
- Global Defense Technology & Systems closes IPO
BUCHAREST, Romania - Subway workers in Romania's capital staged a nine-hour strike on Tuesday to demand a 20 percent pay rise, causing traffic havoc in parts of the capital.
The strike is the second in a week and affected an estimated 300,000 of the 700,000 passengers who use the 49-station system daily. Streetcars and buses were packed, while car traffic slowed almost to a halt in parts of Bucharest.
Union leader Ion Radoi said Bucharest subway workers should have higher wages because the state company made a profit last year.
President Traian Basescu criticized the decision to strike five days before presidential elections, saying it was politically motivated to hurt Transportation Minister Radu Berceanu — one of the president's allies.
"They are mocking the passengers who use the subway every day," said Basescu, who is running for a second five-year term in the Nov. 22 ballot.
The union said workers would strike again on Wednesday if their demands are not met.
Transportation Ministry officials failed in talks with union representatives Monday to resolve the impasse union's demands.
Romania is in a deep recession with the economy expected to contract more than 8 percent this year.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.








