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U.S. markets recover from steep losses
WINNIPEG, Manitoba, Oct. 29 (UPI) -- Some 1,000 striking workers at the Winnipeg Free Press newspaper were back on the job Wednesday after a 16-day strike.
The Communications, Energy and Paperworkers Union workers began picketing Oct. 13, a day before the federal election, as non-union editorial staff kept only the online edition going.
Publisher Bob Cox said a majority of strikers voted Tuesday night to accept a package that includes raises of 2 percent annually for the next five years. The annual wage of a senior reporter rose to $72,000 immediately and will peak at $77,000 by the end of the contract, the newspaper said.
Newspaper carriers also received the 2 percent raise, along with increased vehicle and fuel reimbursement fees, the newspaper said.
Carriers earn an average $266 a week for delivering 129 newspapers, which takes about two hours per day, Cox said.
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| Additional Business News Stories | |
ERBIL, Iraq, May 24 (UPI) --
Plans for Iraq's semiautonomous Kurdish enclave to build an oil pipeline to Turkey points to a major political and economic realignment in the Middle East that will impact heavily on Iraq.
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HAIFA, Israel, May 24 (UPI) --
Unmanned aerial systems are to be supplied to a European entity by Israel's Elbit Systems Ltd., the company announced.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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