LA city workers rally for living wage
From yesterday’s LA Times Local: Hundreds of workers rallied outside the Los Angeles County Board of Supervisors meeting on Tuesday, demanding an increase to the “living wage” that county contractors…
From yesterday’s LA Times Local: Hundreds of workers rallied outside the Los Angeles County Board of Supervisors meeting on Tuesday, demanding an increase to the “living wage” that county contractors…
From The Atlantic, March 25, 2013: The average American cashier makes $20,230 a year, a salary that in a single-earner household would leave a family of four living under the…
FROM THE NYT DEAL BOOK BLOG: If true, this is an important step by the market to correct for false advertising. One question is whether it will make a difference…
One of the objections to the Affordable Care Act is that it will encourages employers to cut employee hours to create more part time work in order to avoid the…
The Securities and Exchange Commission signaled it was taking a harder line on Wall Street’s rampant problem with fraud by extracting its first admission of wrongdoing from Philip Falcone, CEO…
The nation’s largest computer infrastructure company today announced it would cut 4,000 jobs, representing 5 percent of its workforce, citing the challenge of global competition as reason to reorganize despite…
In back to back announcements the Department of Justice signaled it was standing up to unrestricted corporate business practices on Wall Street. Yesterday, the DOJ said it would bring criminal…
There is an interesting article in today’s New York Times business blog about the reverberation of subprime mortgage securities that are still being peddled by banks and financial institutions. Below…
BART and its unions are at the negotiating table today in an effort to settle the ongoing labor dispute that has caused transportation disruptions in the Bay Area since last…
Update: Thursday, August 9. Today Fannie Mae announced a quarterly profit of $10 billion and projected profits for the foreseeable future. When this dividend is paid, Fannie will have repaid…