SEC investigates CSX's accounting
US railroad CSX disclosed today in a 10-Q filing lodged with the Securities and Exchange ...
US rail operator CSX has agreed a deal with two unions to pay sick leave to around 5,000 staff.
Fears of rail strikes had prompted Washington to convene its presidential emergency board last autumn to find a compromise deal, but that agreement was rejected by some unions as it did not cover sick pay.
Yesterday, however, CSX announced it had reached an agreement with the Brotherhood of Maintenance of Way, which represents engineering employees, and the Brotherhood of Railway Carmen, representing mechanical workers.
Joe ...
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