Friday, September 4th7.3°C
26774
26758

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




Recent Trending




Today's Market
S&P TSX13596.41+51.16
S&P CDNX553.75+3.70
DJIA16374.76+23.38
Nasdaq4733.50-16.48
S&P 5001951.13+2.27
CDN Dollar0.7559-0.002
Gold1122.40-1.30
Oil46.63-0.12
Lumber233.30-0.70
Natural Gas2.689-0.036

 
Okanagan Companies
Pacific Safety0.22+0.00
Knighthawk0.010.00
QHR Technologies Inc1.24+0.05
Cantex0.04-0.01
Anavex Life Sciences1.11-0.14
Metalex Ventures0.05-0.00
Russel Metals21.09+0.22
Copper Mountain Mining0.60-0.01
Colorado Resources0.075-0.010
ReliaBrand Inc0.0045+0.0005
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.08-0.01
Decisive Dividend Corp2.50-0.12

 





FEATURED Property
24083421442 West Kelowna Road
4 bedrooms 3 baths
$645,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


The ball and chain

I have been pleasantly surprised of late to speak with business owners who understand the impact of fixed versus variable costs. A fixed cost is one that must be paid each and every month regardless o...


Where does the money go?

Photo: Thinkstock.comOne of the major components of business relationships that involve money are the fees in the investment industry. There is currently a quiet battle being waged between the practit...


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...

_








Member of BC Press Council


27373