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LIRR unions and the MTA resumed talks after a strike shut down service for about 250,000 weekday commuters.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Long Island Railroad Unions and the Metropolitan Transportation Authority resumed negotiations
00:07early. Monday after marathon talks failed to end a strike that shut down North America's
00:12largest commuter rail system, according to CNBC. The two sides agreed to return to the
00:18bargaining table six hours later, after negotiations involving the National Mediation Board and New
00:23York Governor Kathy Hochul. The strike entered its third day and disrupted travel for about
00:29250,000 weekday commuters. Union workers said they were seeking wages that keep pace with
00:35rising living costs. MTA Chairman Jano Lieber said the union's proposals would strain the
00:40agency's budget. MTA Chairman Jano Lieber said the union's proposals would strain the agency's
00:46budget. The agency remained willing to negotiate higher wages after workers walked off the job.
00:51For all things money, visit Benzinga.com.
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