Sunday, April 19th2.2°C
25889
25783

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

24442


Recent Trending




Today's Market
S&P TSX15360.55-26.22
S&P CDNX702.85-2.74
DJIA17826.30-279.47
Nasdaq4931.81-75.98
S&P 5002081.18-23.81
CDN Dollar0.8169-0.0001
Gold1204.10+6.10
Oil56.14-0.57
Lumber245.50-9.80
Natural Gas2.641-0.043

 
Okanagan Companies
Pacific Safety0.12+0.00
Knighthawk0.010.00
QHR Technologies Inc1.40-0.01
Cantex0.035+0.005
Anavex Life Sciences0.33+0.02
Metalex Ventures0.075+0.030
Russel Metals27.48-0.23
Copper Mountain Mining1.13+0.01
Colorado Resources0.10-0.00
ReliaBrand Inc0.005+0.001
Sunrise Resources Ltd0.04-0.01
Mission Ready Services0.175-0.010
Decisive Dividend Corporation1.80+0.15

 



25694

FEATURED Property
22588167610 Tronson Road
4 bedrooms 4 baths
$2,750,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...


Living with Plan B

“It does not do to leave a live dragon out of your calculations, if you live near him.”― J.R.R. Tolkien, The Hobbit Photo: Thinkstock.comHuman beings are optimists by nature. Whether...


Reverse mortgage solution

With the housing and financial markets on solid footing, some retired Canadians may consider cashing in their growing assets to enjoy vacations and major home renovations. Others, on the other hand, a...

_



25633

25979


Member of BC Press Council


25692