P-I and Times face strike if mediation fails

Herald staff

SEATTLE — The Pacific Northwest Newspaper Guild will strike the Seattle Times and Post-Intelligencer at 12:01 a.m. Tuesday unless the union and newspapers agree on a new a contract before then, guild representatives said Wednesday.

On Tuesday, the two sides agreed to non-binding federal mediation. The mediator, Jeff Clark, was briefed Wednesday and bargaining was set to resume this morning.

"This is a troubling turn of events because, ultimately, a strike benefits no one," Seattle Times President Mason Sizemore said in a statement.

Both the Times and P-I will continue publishing in case of a strike, using managers and replacement workers, the statement said.

Guild employees also plan to publish an online newspaper if there is a walkout.

Verizon buys Cellular One: Communications giant Verizon Inc. said Wednesday its wireless subsidiary will pay more than $1.5 billion in stock for the Price Communications Corp.’s Cellular One wireless business, a move that could save it millions in an upcoming wireless auction by the U.S. government.

Wednesday prices: Gold sold for $264.40 a troy ounce, silver sold for $4.69 and platinum sold for $585.00.

Lowe’s online: After several delays, Lowe’s has started selling appliances and tools online at www.lowes.com. The North Wilkesboro, N.C.-based retailer officially opened its online warehouse store Wednesday with a catalog of about 11,000 products that can either be delivered to consumers’ homes or picked up at local Lowe’s stores across the country.

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