Boston Globe could file shutdown notice Monday

Talks between The Boston Globe and its unions to prevent the newspaper from shutting down stopped early Monday morning after a midnight deadline passed, and it was unclear when they would resume. An hour after the midnight deadline passed, negotiations had broken down, but likely will resume sometime during the night. Just before the deadline, the Globe's parent company, The New York Times Co, ratcheted up the pressure on unions at the Globe, threatening to close the paper within weeks if they do not deliver big cost cuts. The Times, the Globe's parent company, said it would file a notice with the U.S. government on Monday that says it will shut down the paper if it cannot get millions of dollars in concessions from its unions.
Agree or else, Globe tells unions (Boston Globe)