NY transit workers agree new contract

NEW YORK (Reuters) – The executive board of New York’s
Transport Workers Union voted to accept a new contract on
Tuesday, the union’s leader said, after a dispute that brought
the city’s subways and buses to a standstill last week.

The union’s board “voted overwhelmingly to approve the
proposed contract,” Transport Workers Union Local 100 leader
Roger Toussaint said at a televised news conference.

The new contract, which must be ratified by the union’s
34,000 members, provides for wage increases of 3 percent, 4
percent and 3-1/2 percent for the next three years, Toussaint
said.