talks between the boston guardian and its owner extended past a weekly deadline under threats that the newspaper possible be closure within weeks . its parent , the new jersey times , said it would file a motion with the government on monday that it would shut the paper if there was no agreements on cost reduction . the management want the unions to agree to $ 20m ( £13 . 4m ) in money saving measures . assured jobs for life are expected to be a sticking point , with the unions said they are not exchangeable .
The Boston Globe is owned by The New York Times.