Most Active Stories
- Janisse Ray’s ‘The Seed Underground’ Explains Startling Loss of Seed Diversity
- Velo Coffee Turns to Kickstarter to Fund New Roaster
- States That Raised Minimum Wage See Faster Job Growth, Report Says
- Book News: A 'Treasure' Of Thrilling Westerns from Tim Champlin
- Supernatural Suspense for Young Shapeshifters in 'Island of Fog' Series
RENEE MONTAGNE, HOST:
NPR's business news starts with labor woes at AT&T.
(SOUNDBITE OF MUSIC)
MONTAGNE: AT&T and union officials have agreed to extend contract negotiations, preventing a mass walkout by some 40,000 unionized workers. The deadline to agree on the new contract had been yesterday. AT&T is seeking concessions from its workers, including cuts in pension contributions, and also an increase in health care premiums. The union is calling those concessions unrealistic.
AT&T has seen revenues go down in its traditional home and business landline divisions which have suffered as more people switched to mobile devices. Transcript provided by NPR, Copyright National Public Radio.