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Stock impact report

Flurry of contract deals come as railroads, unions see Trump's election looming over talks [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago. Both sides are also now keenly aware that President-elect Donald Trump — who has a track record of supporting big businesses — would be the one ultimately appointing the people who would help resolve the contract dispute this time if they can't work something out themselves. “I think overall it may lead the unions and employers to want to bargain more intensively and come to agreements sooner,” said Todd Vachon, who teaches in the Rutgers School of Management and Labor Relations. But it still won't be easy to satisfy all the workers who remain concerned about the widespread job cuts and have seen much bigger raises in other labor disputes. Current contracts don't expire until July but the National Carriers Conference Committee group that negotiates on behalf of the railroads said in its statement at the start of the talks on Nov. 1 that it was hoping for an early re Show less Read more
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