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Hydro One Reaches Tentative Settlements With Power Workers' Union For Two Collective Agreements
(RTTNews) - Electric utility Hydro One Ltd. (H.TO) announced Friday it has reached tentative settlements for two collective agreements with the Power Workers' Union (PWU) covering employees in front-line roles across the company's operations in Ontario.
The negotiations covered the renewal of two collective agreements: the main collective agreement, which includes front-line staff, and the Customer Service Operations collective agreement, which includes staff in customer facing roles.
Union members will vote on these tentative agreements with the outcome anticipated by the end of July. Once ratified, these agreements will be in effect until September 30, 2025.
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U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December
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U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.
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