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Labor
3 former executives sue Carbon Motors over pay
Three former executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory have sued the corporation for more than $600,000 in deferred wages. The Connersville News-Examiner reported Wednesday (http://bit.ly/Ze2oFY) that Trevor Rudderham, Alan Bratt and Keith Marchiando have filed suit in Fayette ...
Puerto Rico's Culebra awaits new hospital, school
Puerto Rico's tiny island of Culebra has been forever dependent on the U.S. territory for food, jobs and health care, but the territory's governor is cutting some of those strings. Gov. Alejandro Garcia Padilla said this week that the island will get its first hospital and large-scale recycling center, as ...
Key House chairman slams Senate immigration bill
A key House committee chairman on Wednesday sharply criticized a wide-ranging immigration bill just passed by a Senate committee, underscoring the difficulties ahead as the politically volatile measure moves forward in a divided Congress. Separately, a bipartisan House group that has been working behind the scenes to craft its own ...
Key House chairman slams Senate immigration bill
A key House committee chairman on Wednesday sharply criticized a wide-ranging U.S. immigration bill just passed by a Senate committee, underscoring the difficulties ahead as the politically volatile measure moves forward in a divided Congress. Separately, a bipartisan House group that has been working behind the scenes to draft its ...
A divided Fed wrestles with when to slow bond buys
The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy. Its uncertainty burst into view Wednesday, when Chairman Ben Bernanke testified to Congress in the morning and the Fed in the afternoon released the minutes of its last policy meeting. Stock prices gyrated through ...
Made in the USA back in style for small businesses
When Martin Rawls-Meehan started making adjustable beds in 2004, it was a foregone conclusion that key parts would be made overseas. It was cheaper to manufacture in Taiwan than in the U.S. And from Taiwan it was easier to ship to customers in Asia. But this year, his company, Reverie, ...
Fed weighed slowing its pace of bond purchases
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June — if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains. Minutes of the Fed's April 30-May 1 ...
Analysis: Recent California newspaper editorials
May 20 U-T San Diego: "State government: Where best practices are shunned" Business gurus come and go, trendy theories have their moment in the sun and then fade, but some management wisdom is eternal. Such as: Establish "best practices" — clear guidelines that discourage inefficiency. Don't give people incentives to ...
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would "carry a substantial risk of slowing or ending the economic recovery," ...
Fox show brings messy workplaces to television
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. The network on Thursday will begin airing "Does Someone Have to Go?" a series where cameras go into small businesses and employees ...
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