Still No Deal Between Boston Globe Union and Times Company

The Boston Globe's largest union and its owner failed to reach an agreement on wage and benefit cuts after another all-night negotiating session.

A spokesman for the 137-year-old newspaper said a management-imposed pay cut of 23 percent remains in effect following talks that lasted well into Wednesday morning. Spokesman Robert Powers said in a statement that the sides are scheduled to formally meet again on Monday.

Dan Totten, president of the roughly 700-member Boston Newspaper Guild, says informal talks will continue Wednesday by telephone.

Globe owner The New York Times Co., cut pay 23 percent after the Guild rejected a new contract last week that included $10 million in wage and benefit cuts.