NEW YORK, NEW YORK -- Negotiators announced a tentative deal Monday that would spare the nation's largest city a potentially devastating mass-transit strike.þþThe deal reached after four days of intensive talks would ensure that New York subways and buses, which provide an estimated 7 million rides a day, remain on the move.þþThe three-year deal with the Metropolitan Transportation Authority would include a $1,000 lump-sum payment to workers in the first year, with 3 percent raises in each of the next two years, said Roger Toussaint, president of the Transit Workers Union.þþThe union's 34,000 members still must approve the deal.þ
Source: Chicago Tribune
