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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
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AT&T Scores Another Deal With Its Unionized Workers

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Aaron Pressman
Aaron Pressman
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Aaron Pressman
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June 8, 2016, 1:55 PM ET
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In this Tuesday, Oct. 21, 2014 photo, people pass an AT&T store on New York's Madison Avenue. AT&T says it will buy Mexican wireless company Iusacell for $2.5 billion including debt and says it plans to grow in Mexico. (AP Photo/Richard Drew)Photograph by Richard Drew — AP Images
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AT&T reached a tentative agreement with its largest union on new benefits for 40,000 employees in its wireless business, continuing a steady streak of deals the carrier to avoid employee strikes.

AT&T didn’t disclose details of the benefits agreement negotiated with the Communications Workers of America union, which still must be ratified by employees in coming days. Wages, pensions, and work rules are covered under separately negotiated contracts.

While competitor Verizon Communications suffered hits to its financial results and public image during a just-concluded seven week walk out by about 40,000 workers, AT&T said that it has reached five agreements, including today’s, covering 90,000 of its unionized workers in the past 12 months. The last major strike at AT&T occurred in 2012.

AT&T reached a new contract with 40,000 wireline workers in the Southwest and Midwest without incident last year. The company opened negotiations covering another 16,000 workers in California, Nevada and Connecticut in February. Those talks have continued even after the prior contract expired in April.

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Verizon suffered after 40,000 employees who work mainly servicing and installing older landline telephone and newer Fios Internet and cable TV offerings walked off the job on April 13. They returned to work on June 1, but replacement workers during the strike weren’t able to keep up the pace of new installations. CFO Fran Shammo said this week that the strike would cut into second quarter profits modestly as a result.

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