Stock Market News
Chevron, union sign tentative pact to end California refinery strike – sources
2022.05.27 01:56
FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company Chevron (CVX) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson
HOUSTON (Reuters) – The United Steelworkers union (USW) on Thursday afternoon signed a tentative agreement to end a nine-week-old strike at Chevron Corp (NYSE:CVX)’s Richmond, California, refinery, said sources familiar with the negotiations.
The terms of the tentative agreement were not immediately available. The agreement is subject to ratification by the membership of USW Local 12-5, which represents the 500 workers who walked off their jobs on March 21, the sources said.
