discussion between the american globe and its unions stretched beyond a midnight deadline amid threats that the newspaper to be closed within weeks . its owner , the newest bedford times , stated it may file a notice with the government on monday that it would open the paper if there was no agreement on cost cuts . the owners want the press to comply to $ 20m ( £13 . 4m ) in money saving measures . scheduled workers for life are expected to be a sticking point , with the unions saying they are not insofar .
The Boston Globe is owned by The New York Times.