ED: Consolidated Edison (ED) locks out 8,500 its...

3:14 AM Consolidated Edison (ED) locks out 8,500 its unionized workers after a collective bargaining agreement expires and talks over a new contract break down, with a major area of dispute being the New York power utility's plan to phase out defined pensions. The lockout comes with temperatures hitting 100 degrees, leading to increased demand as residents turn up the AC. (Read the comments on this)
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