UPS, Teamsters reach labor deal to avoid strike
Publishing timestamp: 2023-07-25 15:54:53
Summary
UPS and Teamsters reached a tentative labor deal that includes raises for both full- and part-time workers, avoiding a potential strike. The agreement is worth $30 billion and still needs to be ratified by workers. Voting runs from Aug. 3 to Aug. 22.
Sentiment: POSITIVE
Keywords: economy, business news, labor economy, personnel, sean o'brien, fedex corp, airlines, united parcel service inc, markets, breaking news: markets, breaking news: economy, breaking news: business, retail industry, carol tome,
Source: https://www.cnbc.com/2023/07/25/ups-teamsters-reach-contract-to-avoid-strike-union-says.html