Railway strike ends as CN Rail, union agree to binding arbitration (NYSE:CNI)

rlesyk/iStock Editorial via Getty Images Canadian National Railway (NYSE:CNI) and the International Brotherhood of Electrical Workers, the union representing 750 signal and communication workers, said Monday they agreed to enter binding arbitration, ending a two-week strike. CN Rail said the workers, who went on strike in a dispute focused primarily on wages and benefits, will … Read more

CN and IBEW Agree to Binding Arbitration Ending Strike

Article content MONTREAL, July 04, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the International Brotherhood of Electrical Workers (IBEW) has agreed to binding arbitration, bringing the strike to an end at 00:01 EDT on July 5, 2022. Employees in Signals and Communications will return to their roles at … Read more

Governor, Florida Cat Fund Board Agree to Raise Premiums for Insurers

New You can now listen to Insurance Journal articles! Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved for a premium increase. The fund’s governing body, the State Board of Administration, this month gave final approval to the formula used to determine the increase, which includes a … Read more

EU states agree deal to push for tougher climate measures

EU countries have struck a deal to pursue tougher climate policies despite fears among some member states that a rush to shore up energy supplies after Russia’s invasion of Ukraine would weaken Europe’s environmental ambitions. A ban on the sale of combustion engines by 2035, a phaseout of permits allowing polluting industries a certain amount … Read more

Canadian hotel operators agree to settle sexual harassment suit

Two Canadian-based hotel operators have agreed to pay $370,00 to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission, which charged them with permitting a male maintenance/housekeeping manager to sexually harass two female housekeepers. The lawsuit was filed against Edmonton, Canada-based GIPHX10 LLC and Jaffer Inc. in connection with the Hawthorn … Read more

WTO Ministerial: Can’t agree to unfair text on fisheries deal, says Goyal

At the third day of the World Trade Organization’s (WTO’s) 12th ministerial conference in Geneva, India vehemently opposed a proposed global deal to eliminate harmful fisheries subsidies as the plan did not provide a level-playing field to the developing nations. India wants to protect subsidies of several million low-income, … Read more

Senators agree on modest US gun reforms in wake of shootings

A bipartisan group of US senators have reached a tentative deal on gun-control measures in the wake of a string of deadly mass shootings which, though modest, would amount to the most substantial new restrictions in decades if enacted. The nascent agreement, announced on Sunday and endorsed by 10 Republicans and 10 Democrats, includes funding … Read more

EU Leaders Agree to Pursue Ban on Most Russia Oil; Insurance Prohibition Delayed

European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for the invasion of Ukraine. The sanctions would forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but … Read more