Sunday, April 20th5.4°C
21104
20363

Contract agreement reached between owners and workers at NY's Indian Point nuke plant

RYE BROOK, N.Y. - The owner of the Indian Point nuclear power plant says a contract agreement has been reached with its largest union, avoiding a strike or lockout.

Entergy Nuclear and Local 1-2 of the Utility Workers of America reached a tentative agreement early Saturday. The union's contract was to expire at midnight Friday, but that deadline was suspended amid the talks.

John Ventosa, site vice-president and Entergy's top official at Indian Point, said in a statement that the settlement "allows all our employees to focus on their continuing mission to safely provide affordable and reliable power to millions of New Yorkers every day."

Union spokesman John Melia confirmed a tentative settlement and said it benefits the workers, the union and Entergy.

Union members have to approve the deal in a vote expected within the next few weeks.

The Canadian Press


Read more Business News

17772


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.90720.00
Gold1293.80-9.2999
Oil104.59+0.83
Lumber326.10-2.70
Natural Gas4.735+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 



20820

FEATURED Property
1908304109-669 Houghton Road
1 bedrooms 1 baths
$139,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...

_



21637

20956


Member of BC Press Council


21202