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INDIANAPOLIS (AP) — When Alexander Rossi pulled into victory lane following his upset win in the 100th running of the Indianapolis 500, he had no idea what he was supposed to do during the traditional celebration.
One analyst called the deal "very rich" for workers at Verizon, the No. 1 U.S. wireless provider, which reached the tentative pact with the Communications Workers of America (CWA) on Friday. The CWA said Verizon agreed to provide a 10.9 percent raise over four years while Verizon put the increase at 10.5 percent. According to the CWA, both numbers are correct, with the union's calculation including compounded interest as subsequent raises are determined from a new base salary.