Globe, union make "tentative agreement"

According to the Boston Globe, the newspaper has reached a "tentative agreement" with the Boston Newspaper Guild to cut $10 million in wages and benefits which are reportedly required to keep the paper from closing. The Globe's largest union recently rejected a similar deal, which led to the paper imposing a 23% wage cut on the 700-member Guild. In the new proposal, there is a 5.9% pay cut. The 23% cut remains in place until the contract is ratified.