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FBN’s Diane Macedo on the ongoing contract negotiations taking place at AT&T, plus a morning markets update ahead of the open.
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Look at the business headlines this morning.
That's right Dennis so it looks like the price of gas may finally be topping out according to the Lundberg survey gases jumped nearly four cents a gallon in the last two weeks.
But that marks the smallest increase since early January.
The average price of a gallon of regular is now three dollars 97 cents Lundberg says if oil prices remain steady gas prices may be close to their peak.
If they haven't hit them already -- meanwhile over 40000 AT&T employees will stay on the job while negotiations over new labor contract with the company continue.
The old contract expired on Saturday in the union representing the workers say it's made some progress towards reaching a deal but it's still had a lot of ground to cover.
The union says AT&T is looking for too many concessions from workers including plans.
To significantly raise health care costs the company says it's looking to make those cuts to offset losses in its wireless division which includes traditional land mines which we know.
Our our sort of going down in popularity employees have authorized union leaders to call a strike if they're unable to reach a deal then -- back to you.
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