Labor
Compromise among senators eyed on border security
After secretive talks, key senators expressed optimism Wednesday night that they were closing in on a bipartisan agreement to toughen the border security requirements in immigration legislation that also offers a path to citizenship to millions living in the country illegally. Under the emerging compromise, the government would grant legal ...
APNewsBreak: Union back wages to be paid
Gov. Pat Quinn's administration will start paying overdue raises to unionized workers July 1 even though Illinois lawmakers didn't approve extra funding, officials said Wednesday. Employees in six state agencies will get raises of at least 7.25 percent starting with the new fiscal year, according to an email sent to ...
Houston hosts MLB diversity business summit
Major League Baseball Commissioner Bud Selig touted the progress the league has made in racial hiring practices while stressing his desire to increase the number of black players in the sport. Selig spoke Wednesday at the MLB diversity business summit. The league received an A rating in racial hiring practices ...
Fed suggests it's closer to slowing bond purchases
In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have ...
Fed suggests it's closer to slowing bond purchases
In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have ...
Oversight board concerned about NSA surveillance
The chairman of the federal oversight board that President Barack Obama said will meet with him to discuss the National Security Agency's secret surveillance program said Wednesday that the group has numerous concerns about the operation and plans to publish a report after a full inquiry. David Medine, who heads ...
Houston hosts MLB diversity business summit
Major League Baseball Commissioner Bud Selig touted the progress the league has made in racial hiring practices while stressing his desire to increase the number of African-American players in the sport. Selig spoke Wednesday at the MLB diversity business summit. The league received an A in racial hiring practices in ...
Men's Wearhouse ousts founder, pitchman Zimmer
Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it fired executive chairman and face of the company George Zimmer, 64, who has appeared in many of its TV commercials with the slogan "You're going to like the way you look. I guarantee ...
Legislative mistake could gut pension fix
A retirement board was told Tuesday that a mistake in the Legislature's proposed pension fix for public employees could undo plans to balance the system in less than 30 years. The Public Employees Retirement Board is being asked to modify a rule in order to avoid a glitch that could ...
Red Wings plan new home in Detroit sports district
The Detroit Red Wings and city officials on Wednesday announced a $650 million plan for a new arena development for the NHL team in Detroit's downtown entertainment and sports district. Plans for an 18,000-seat arena were announced by the team's owners and local economic development officials. Red Wings owner Mike ...
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