Yahoo Newswipe out the middle class much like outsourcing is doingSun Aug 3 01:27:18 200363.155.104.11 Business - Reuters Verizon, Unions Talk Past Deadline12 minutes ago Add Business - Reuters to My Yahoo! PHILADELPHIA (Reuters) - Verizon Communications Inc. (NYSE:VZ - news) and two unions representing about 35 percent of its work force will keep negotiating past a deadline for a new labor contract, avoiding, for now, a strike, both sides said on Saturday. Related Quotes VZDJIANASDAQ^SPC 34.389153.971715.62980.15 -0.62-79.83-19.40-10.16 delayed 20 mins - disclaimer Quote Data provided by Reuters About 80,000 unions workers, including telephone operators and line technicians, will stay on the job, and report for their regular shifts, said Bob Master, a legal and political director for the Communications Workers of America. The current contract ends at midnight EDT (0400 GMT) on Saturday. The negotiations, which have been overseen by the Federal Mediation and Conciliation Service, have focused on key issues, including job security and health-care costs.
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