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Verizon, Union Agree Pay Raises, New Jobs to End Strike

A tentative agreement between Verizon Communications Inc. and unions to end a nearly seven-week strike includes 1,400 new jobs and pay raises topping 10 percent, the company and unions representing about 40,000 workers said on Monday. Verizon, the No. 1 U.S. wireless provider, and the Communications Workers of America (CWA) had reached a tentative deal on Friday. Details for the new four-year contract were disclosed on Monday. The CWA said Verizon agreed to provide a 10.9 percent raise...

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