Tag

Contract Agreement

All articles tagged with #contract agreement

businesslabor-relations1 year ago

"Anheuser-Busch Workers and Teamsters Reach Tentative Deal, Averting Brewery Strike"

The Teamsters and Anheuser-Busch have reached a tentative agreement on a contract, averting a potential strike by the union's 5,000 members at the company's 12 breweries across the U.S. The deal includes significant wage gains, job security protections, increased pension contributions, and the restoration of retirement benefits for current and retired members. Union members will vote on the contract, which offers an average wage increase of 23% over five years. This agreement comes amid a period of heightened labor activism in the U.S., with workers securing contracts with double-digit raises through strikes and threats.

sports1 year ago

"Adolis García Signs Two-Year Deal, Avoids Arbitration with Texas Rangers"

The Texas Rangers and Adolis García have reached a two-year contract agreement, avoiding an arbitration hearing scheduled for Thursday. The financial details are still being finalized, but the deal is pending a physical exam. García's strong 2023 season, which included being an All-Star, Gold Glove winner, and ALCS MVP, led to negotiations for a multi-year deal. The agreement doesn't buy out any of García's potential free agency, but it keeps him under Rangers control through 2026, his final year of arbitration eligibility.

education1 year ago

"Newton Teachers' Strike Ends with Contract Agreement and 12% Pay Hike"

After 11 days without school due to a teachers' strike, a tentative agreement on a new four-year contract has been reached between the Newton Teachers Association and the Newton School Committee, allowing students to return to class on Monday. The contract includes increased access to mental health supports for students, a parental leave policy, and raises starting salaries for aides and behavior therapists. The strike, which began on Jan. 19, resulted in daily fines and legal action, but ultimately led to a resolution that addresses the demands of the educators.

sports1 year ago

Liam Coen Joins Tampa Bay Buccaneers as Offensive Coordinator

The Tampa Bay Buccaneers have reached an agreement with Kentucky offensive coordinator Liam Coen to become their new offensive coordinator, following earlier reports of ongoing negotiations. Coen, a former Rams assistant, will bring continuity to the Bucs' offense, with quarterback Baker Mayfield expressing support for the move. The situation, previously described as fluid, has now been resolved, leaving Kentucky in search of a new offensive coordinator.

education1 year ago

"Newton Teachers' Strike Resolved: Students Set to Return as Agreement Reached"

Newton's teachers and the city's School Committee have reached a tentative agreement to end the acrimonious strike, with classes expected to resume on Monday. The new four-year contract, which requires ratification, addresses key union priorities such as parental leave, FMLA leave, salary increases, and protecting teachers' planning time. The deal comes after weeks of negotiations and a judge's threat of escalating fines. The strike affected nearly 12,000 students in one of Massachusetts' largest school districts, and the agreement aims to bring healing and stability to the community.

labor-relations2 years ago

"California State University Faculty Reach Agreement to End Strike"

California State University faculty members reached a tentative contract agreement with the university system, ending their week-long strike for higher wages. The deal includes a 5% raise retroactive to last year and another 5% raise in July, as well as increased minimum wage for the lowest-paid faculty. The strike, involving nearly 30,000 workers, came after failed negotiations for a 12% pay raise. The agreement averts potential class cancellations and reflects a trend of labor activism in California and across the country.

labor-relations2 years ago

"Cal State University Strike Resolved: Professors Reach Deal to End Walkout"

California State University faculty members reached a tentative contract agreement, ending their planned weeklong strike for higher wages. The deal includes a 5% raise retroactive to last year and another 5% raise on July 1, as well as an increase in the minimum wage for the lowest-paid faculty. The strike, involving nearly 30,000 professors, librarians, and other workers, came after contract negotiations ended with a unilateral offer far below the 12% pay raise sought by the union. The agreement was praised by both the faculty association and CSU Chancellor Mildred García, and students also showed their support for the striking faculty.

sports2 years ago

Detroit Tigers and Casey Mize Reach Contract Agreement to Avoid Arbitration

The Detroit Tigers and pitcher Casey Mize have reached a multi-year contract agreement, with Mize set to earn $830,000 for the 2024 season and a club option for $3.1 million in 2025, including a $10,000 buyout. The deal allows the club to retain their "file and trial" tactic and avoids an arbitration hearing, while giving Mize the salary he requested and capping his potential 2025 salary. Mize, the first overall selection in the 2020 amateur player draft, has missed significant time due to Tommy John surgery, but the club hopes he can justify the club option by performing well in 2024.

business2 years ago

"Ben & Jerry's Vermont Scoop Shop Employees Secure Contract Deal"

Ben & Jerry's has reached its first contract agreement with workers at a retail shop in Burlington, Vermont, after the employees petitioned to unionize last year. The ice cream maker, known for its social activism, expressed support for the workers' plan, and the union and the brand celebrated the agreement as a testament to collaboration and leadership. Ben & Jerry's stated its commitment to inclusive and equitable operations, and the company has a history of embracing progressive causes.

healthcare2 years ago

Providence and Regence BlueCross BlueShield Secure In-Network Patient Care Agreement

Providence and Regence Blue Cross Blue Shield have reached an agreement, ensuring that all Providence patients with Regence Health Insurance will continue to have in-network access to care at Providence facilities and clinics. Both parties expressed gratitude for the partnership and collaboration, with Regence acknowledging the need to achieve sustainable reimbursement rates. As the new contract is being finalized, Providence has rescinded its contact termination, providing assurance of continued care for Regence members.

business2 years ago

Southwest Airlines and Pilots Union Seal Lucrative Contract Deal

Southwest Airlines and its pilot union, the Southwest Airlines Pilots Association (SWAPA), have reached a tentative agreement on a new contract that would provide pilots with a 50% pay raise over the next four years. The agreement, which still needs to be voted on by the pilot membership, also includes improvements in flying schedules, disability coverage, and retirement benefits. This marks a significant step forward after nearly four years of negotiations, during which the union had authorized a potential strike.

business2 years ago

Southwest Airlines Flight Attendants Reject Proposed Contract

Southwest Airlines flight attendants have rejected a contract agreement that would have given them a 20% raise and made them the highest paid in the industry. After five years of negotiations, the flight attendants have expressed dissatisfaction with the proposed contract and union leaders plan to return to the bargaining table. The airline will await next steps from the National Mediation Board and the Transport Workers Union.

education2 years ago

"Portland Public School Classes Resume After Month-Long Teachers' Strike"

Portland public school classes have resumed after the first-ever teachers strike in the city, which lasted for over three weeks. The strike ended with a tentative agreement between Portland Public Schools and the teachers' union, pending union approval. The agreement includes key wins for mental health support, smaller class sizes, cost of living compensation increases, and a roughly 14% overall pay raise over three years. The contract also allocates $20 million for classroom renovations and includes a dedicated article for special education. Students and teachers will make up missed class time over winter break and throughout the new year.

entertainment2 years ago

SAG-AFTRA's AI Protection Nearly a Deal Breaker in Actors Strike

Safeguards against artificial intelligence (AI) were a crucial aspect of the recently settled actors strike, according to SAG-AFTRA union leadership. The battle for actor protection from generative AI and the use of synthetic performers was fought until the final hours of negotiations. The three-year contract agreement between SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) includes AI protections and pay gains for actors, particularly in streaming series. SAG-AFTRA President Fran Drescher emphasized the significance of AI protections, stating that they were a "deal breaker" in the negotiations. The agreement now awaits final ratification from the union's general membership.