In Business This Week
CAT AND THE UAW: A QUICK DEAL?
CATERPILLAR AND THE UAW may be inching toward resolution of their 14-month dispute. On Aug. 1, the company said it had met with UAW representatives. But union sources say top Cat and UAW officials actually have been meeting since July 5 in an effort to jump-start the stalled talks. Cat and the union could begin full-scale bargaining in days, say union sources, and a quick resolution appears possible. "I'm cautiously optimistic," says one UAW local leader.EDITED BY KEITH H. HAMMONDS