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Mayor Says Strike Cost Businesses $1 Billion

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From Times Wire Reports

New York businesses lost $1 billion in revenue during last week’s three-day transit strike, Mayor Michael R. Bloomberg said.

Transit workers walked off the job Tuesday, shutting down the bus and subway service that millions of commuters rely on. Service resumed Friday after the Transport Workers Union agreed to return to work while contract negotiations continued.

“This morning, thousands of hardworking New Yorkers dearly miss the wages and tips they lost during what would normally have been a busy pre-Christmas week,” Bloomberg said in his weekly radio address.

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