Rule to Require Employers to Disclose Use of Anti-Union Consultants
Photo Workers from various unions in 1935 protesting the Waterman Steamship Corporation’s repair division in Maryland. Credit Harold M. Lambert/Getty Images WASHINGTON — The Labor Department on Wednesday released the final version of a rule requiring employers to disclose relationships with the consultants they hire to help persuade workers not to form a union or support a union’s collective bargaining position.The department said the rule, which will be published on Th..>> view originalOil down 4 percent; US stockpile build threatens market recovery
NEW YORK Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that traders warned could cut short the market's two-month long rally.Weak equity markets also sapped the strength in oil while a strong dollar weighed on demand for crude from users of the euro and other currencies. [.N] [FRX/]The U.S. government's Energy Information Administration (EIA) said crude stockpiles rose 9.4 million b..>> view originalStarbucks to offer prepaid cards to boost rewards program
FILE - In this Thursday, March 19, 2015, file photo, signs are lit up at a Starbucks Coffee shop in New York’s Times Square. Starbucks says it will introduce a prepaid card by the end of 2016 that lets people earn points for its rewards program. The Seattle-based company plans to offer the card through Chase and says people would be able to use it wherever Visa is accepted. (Mark Lennihan, File/Associated Press) By Associated Press March 23 at 2:58 PM NEW YORK — Starbucks says it will in..>> view originalDC regulators green light Pepco-Exelon merger, creating largest utility in the nation
District regulators approved a $6.8 billion merger between Pepco Holdings and Exelon on Wednesday, creating the largest publicly-held utility in the country. The decision marked a surprising turn of events for the deal,which regulators had rejected twice before and which appeared to be on life-support in recent weeks as D.C. Mayor Muriel E. Bowser and other city leaders lined up in opposition. The merger means that Pepco will now absorbed by a company with the largest number of nuclear reacto..>> view originalReport: Time Warner Cable Doesn't Expect To Expand Dodgers Channel Distribution By Opening Day
LOS ANGELES (CBSLA.com) — Many Dodgers fans will begin the 2016 season with a familiar feeling: not being able to watch the team’s games on TV, according to a report. Deadline reported Wednesday morning that Time Warner Cable’s talks with DirecTV, Cox, Dish and other providers have failed, even after Time Warner Cable offered the distributors a 30 percent discount if they picked up the channel. “We don’t expect any other distributors to carry SportNet LA by Opening Day,” Time Warner Cable told ..>> view originalReport: Yum might sell stake in China business
Yum Brands Inc. might sell a 20-percent stake in its China operations as part of an upcoming spin-off, the Wall Street Journal reported Wednesday. According to the report, Yum is in talks with private-equity groups in the hope of selling a 19.9-percent stake in the business to avoid a tax bill in the upcoming spinoff and potentially add China know-how to the operation. The Wall Street Journal said the business could be worth close to $10 billion. The company did not respond to NRN's request for ..>> view originalUK judge rules on extradition of flash crash trader
Navinder Sarao, the British trader accused of causing the flash crash in 2010, is facing extradition to the US after a UK high court judge ruled he should stand trial for the alleged market manipulation. At London’s Westminster Magistrates’ Court, the judge agreed that Sarao could be handed over to the US authorities to face 22 charges relating to market manipulation. He could be facing a maximum jail sentence of 380 years. UK Home Secretary Theresa May has two months to approve the..>> view originalStocks slip, led by energy and materials companies
Last Updated Mar 23, 2016 1:40 PM EDT Energy and mining companies led a modest decline for U.S. stocks in afternoon trading Wednesday as the prices of oil, metals and other commodities fell. Disappointing earnings from several companies, including Nike, also weighed on the market.The Dow Jones industrial average fell five points to 17,577 as of 1:24 p.m. Eastern Time. The Standard & Poor's 500 index lost five points, or 0.3 percent, to 2,044. The Nasdaq composite dropped 32 points, or 0.7 per..>> view originalAmazon says its female workers paid equally as men
SAN FRANCISCO Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said on Wednesday its female employees earned as much as their male counterparts, according to a survey it recently conducted.The disclosure came as U.S. companies face criticism on the issue of pay equality, especially in the male-dominated technology sector.The Seattle-based online retailer disclosed the results of its study after pressure from Arjuna Capital, the activi..>> view originalJapanese firm SoftBank invests $250 million in talent agency WME | IMG
Japanese finance and telecom giant SoftBank has invested $250 million into talent and fashion firm WME | IMG.SoftBank teamed with Silicon Valley investor Silver Lake, its private equity partner, for the deal, which is meant to accelerate WME | IMG's global growth through new investments, acquisitions and joint ventures. The deal gives SoftBank about 8% of the equity in the Beverly Hills-based talent agency and values the agency, its content and event production operations at about $5.5 billion,..>> view original
Wednesday, March 23, 2016
Rule to Require Employers to Disclose Use of Anti-Union Consultants and other top stories.
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