Verizon Communications Inc., the second-largest U.S. phone company, reached tentative agreements with unions representing 43,000 members, ending 15 months of negotiations over new labor contracts.
AT&T Inc., the largest U.S. phone company, and one of its unions extended negotiations to reach a deal after four labor contracts expired.
AT&T Inc., the largest U.S. phone company, failed to reach agreement to renew four contracts with one of its unions and said it will extend negotiations to reach a deal.
Verizon Communications Inc. said 45,000 striking workers in the northeast U.S. will begin returning to the job tomorrow night, while the two sides keep negotiating what the company called “major issues.”
The Communications Workers of America, which represents 35,000 workers at Verizon Communications Inc. out on strike, appealed to Congress for support in the four-day-old labor dispute.
An increased offer for the Texas Rangers baseball club failed to persuade the bankruptcy judge to cancel the auction scheduled for Aug. 4.