agree to pacts
Frontier Communications Corp. has received two contract ratifications with the Communications Workers of America locals representing about 200 Frontier employees in Pennsylvania, many in Dallas Township.
Union-represented employees in Frontier’s Pennsylvania operations ratified one agreement on Aug. 8 and another on Aug. 19. The company and union bargaining committees worked together to address issues that were priorities for both parties: the intense competition in the telecommunications business, the challenging economic times and the importance of hiring and retaining the best employees with competitive wages and benefits, according to a Frontier corporate release.
The Pennsylvania CWA Locals – 13570, 13571, 13572 and 13573 — represent technicians who serve customers throughout Eastern Pennsylvania and employees in the company’s Greater Wilkes-Barre work-at-home call center team who serve Frontier customers nationwide. The ratified contracts expire in November 2016.
Dollar Menu due
for price change
McDonald’s Corp. says a revamped version of its Dollar Menu that includes items priced at $5 could be launched nationally this year.
The world’s biggest hamburger chain says it has been testing versions of its famous value menu that’s called “Dollar Menu & More” in five markets across the country. The company noted that no official changes have yet been made to its current Dollar Menu, which was introduced more than a decade ago.
The change would come after McDonald’s unsuccessful attempt last year to get customers to switch from the Dollar Menu to a pricier “Extra Value Menu,” which features items costing closer to $2. But after sales flagged, the company went back to aggressively touting its Dollar Menu in TV ads.
If the new Dollar Menu & More is rolled out, the Extra Value Menu would be retired, said Neil Golden, chief marketing officer for McDonald’s, which is based in Oak Brook, Ill.
Global summit occurs
under rosier scenario
Something unfamiliar will be in the background as world leaders hold a summit in Russia starting today: economic growth throughout the developed world.
And something will be missing: worry about a renewed financial crisis.
Leaders from 20 of the largest economies are more confident about their banking systems than at any other time since they began meeting five years ago. What’s more, the economies of the United States, Europe and Japan are finally growing simultaneously.
Yet fears are rising about emerging nations, which have helped drive the global economy for years: Growth is slowing, investor money is leaving and borrowing costs are rising, in part because of higher interest rates in the United States.
The result is a more divided world than the leaders faced at previous summits of the Group of 20 major economies — a disparity that could make any major breakthroughs at the summit elusive.