Crew members work on the Flying Scotsman train at the Bo’ness and Kinneil Railway station in Bo’ness, Scotland, near Edinburgh. Watched by hundreds of steam-train enthusasts, the Flying Scotsman arrived at the Edinburgh Waverley station on Saturday on its first trip to Scotland since the 93-year-old locomotive underwent a decade-long restoration. In 1934, the Flying Scotsman pulled the first train to break the 100-mph barrier. (Jeff J. Mitchell/Getty Images)
Verizon, strikers to resume negotiations

Verizon and union officials representing about 39,000 striking landline and cable workers agreed to restart negotiations on Tuesday, according to the U.S. Department of Labor.

Secretary of Labor Thomas Perez said he met with both sides on Sunday in Washington.

“The parties had an open, frank and constructive dialogue about finding a comprehensive way forward to resolve disputed issues and get people back to work,” Perez said.

The two striking unions — the Communications Workers of America and the International Brotherhood of Electrical Workers — represent installers, customer service employees, repairmen and other service workers in nine eastern states and the District for Verizon’s wireline business, which provides fixed-line phone services and FiOS Internet service.

Workers walked off the job April 13. They had been working without a contract since August.

The unions say that they’re striking because Verizon wants to freeze pensions, make layoffs easier and rely more on contract workers.

The telecom giant says health-care issues need to be addressed for retirees and workers as medical costs have grown.

— Associated Press

Ukrainian hacker pleads guilty in U.S.

A Ukrainian hacker pleaded guilty Monday to his role in an international scheme that used stolen unpublished news releases to make $30 million in profits.

Vadym Iermolovych, 28, entered the plea in Newark, N.J., to a complaint charging him with aggravated identity theft and conspiracy to commit wire fraud and computer hacking. The Kiev man is to be sentenced Aug. 22.

Iermolovych was among several people arrested in August in the United States and Ukraine. The Securities and Exchange Commission charged them and 23 other people and companies in the United States and Europe.

The U.S. attorney’s office said that from 2010 to 2015, the group gained access to more than 150,000 press releases that were about to be issued by Marketwired, PR Newswire in New York and Business Wire of San Francisco. The press releases contained earnings figures and other corporate information.

The defendants then used roughly 800 of those news releases to make trades before the information came out, exploiting a time gap ranging from hours to three days, prosecutors said.

— Associated Press

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