Verizon Settles Strike With Tentative Four Year Agreement
After almost two months of striking, Verizon has reached a tentative 4-year agreement with its 40,000 protestors. The deal is a direct result of Labor Secretary Thomas Perez's intervention two weeks ago, which restarted negotiations between the Communications Workers of America and the International Brotherhood of Electrical Workers. Union members must still ratify the contract, the details of which have not been released as of 2pm today.
See "Verizon Settles Strike With Tentative Four Year Agreement", Aaron Pressman, Fortune, May 27, 2016