Labor
House passes GOP bill to speed pipeline approval
House Republicans pushed through a bill Wednesday to bypass the president to speed approval of the Keystone XL oil pipeline from Canada to Texas. Democrats criticized the legislation as a blatant attempt to allow a foreign company to avoid environmental review. The bill was approved, 241-175, largely along party lines. ...
HP's 2Q offers hope even as revenue slump deepens
Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain. The conflicting signs of further ...
Union power at issue as Garcetti elected LA mayor
The incoming mayor of Los Angeles was able to defeat a fellow Democrat by depicting her as a pawn of utility union bosses in a city long friendly to labor, an outcome expected to echo beyond California as unions nationwide face threats to their clout. With all precincts reporting Wednesday, ...
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 ...
Cuomo: Create tax-free zones around SUNY campuses
High-tech businesses from other states and abroad that move onto or next to college campuses in New York would operate free of all business, property and personal income taxes for 10 years under a proposal released Wednesday by Gov. Andrew Cuomo. Cuomo said the plan would create jobs in a ...
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 ...
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 ...
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