talks between the boston herald and its unions continued before a midnight mark mounting threats that the office must be closed within weeks . its owner , the new amsterdam times , say it would file a notice with the government on friday that it would shut the office if there was no agreement on wage cuts . the owners want the unions to agree to $ 20m ( £13 . 4m ) in money saving measures . guaranteed jobs for lifetime are assumed to be a tipping point , with the unions says they are not negotiable .
The Boston Globe is owned by The New York Times.