Phone workers in 24 states face possible strikes tonight
Four regional phone companies Bell Atlantic NYNEX BellSouth and Pacific Telesis face potential walkouts by 226000 unionized operators linemen and other workers in 24 states as contracts expire at midnight Health benefit concessions and higher employee share of medical costs dominate talks with CWA and IBEW Negotiations are tight with wage increases offered but unions say not enough Some employees may stay on the job if settlement nears while management warns of service impacts if strikes occur with talks continuing in Atlanta Philadelphia and Washington DC on BellSouth Bell Atlantic and NYNEX movements.
MENTIONED IN THIS ARTICLE
Bell Atlantic
NYNEX
BellSouth
Pacific Telesis
Communications Workers of America
International Brotherhood of Electrical Workers
At&t
Vira Milirides
CWA
Oakland
Calif
Pacific Bell
Jill Foley
California
Nevada
Nevada Bell
Milirides
Millrides
New York
New England
Myles Calvey
IBEW
Quincy
Mass
Telephone Company
Calvey
Bob O'Brien
Atlanta
Philadelphia
Washington
D.C
mid-Atlantic
Grains and livestock prices slip amid mixed market reports
Chicago and Des Moines market notes show barley and hogs easing while cattle demand remains light. Prices for sows and barrows fall slightly, with various beef and pork products quoted across multiple weight classes, and boxed beef values noted as steady to firm amid modest movement.
S&L bailout sent to Bush for approval in 159 billion package
Congress passed the 159 billion savings and loan rescue after intense wrangling over how to fund it. The plan uses 50 billion to close insolvent thrifts and compensate depositors, and creates the Resolution Trust Corp to manage assets. Financing blends 20 billion Treasury borrowing with 30 billion in non-Treasury bonds over 1990 and 1991, sparking debate over deficit impact.
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Washington
Congress
Bush
House
Senate
S&l
Christopher Bond
R-Mo
Chalmers Wylie
Ohio
S&ls
Texas
Treasury
Nicholas F. Brady
White House
Richard Darman
Sam Gibbons
Florida
Gibbons
Congressional
General Accounting Office
Justice Department
Resolution Trust Corp
Bell Atlantic talks near contract deadline
Bell Atlantic officials and Communications Workers of America representatives pressed to reach a settlement before midnight Saturday when the current contract expires. CWA spokesman Bill Bickers warned a breakdown could lead to a post midnight strike, while Bell spokesman Al Burman said a deal before the deadline is likely.
MENTIONED IN THIS ARTICLE
Bell Atlantic
Communications Workers of America
al Burman
C&p Telephone
Bill Bickers
CWA
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