Railroad union votes to authorize strike that could hammer economy

One of the unions representing rail workers said Wednesday that its members rejected a proposed deal with rail carriers and voted to move forward with a strike that could have severe consequences for the U.S. economy. The International Association of Machinists and Aerospace Workers issued a statement saying that roughly 4,900 of its members turned down the tentative agreement with the National Carriers' Conference Committee (NCCC) representing railroads, but noted that they would hold off on striking for at least a few weeks while other unions continue their talks.-- More...

'Incredibly concerned' about looming rail strike, the timing is terrible: NMA CEO

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