Teamsters Cancel Protest as Bondholders Reveal Positions

Union Promises to Monitor, Pressure Bondholders to Protect 30,000 JobsThe Teamsters Union announced that it will postpone a protest planned today at the headquarters of Brigade Capital Management in New York after conversations with Brigade that the hedge fund does not currently own any YRC Worldwide Inc. bonds. In addition, UBS has indicated they have tendered their bonds in the exchange.The