Labor
Stocks edge lower as investors reassess Fed fears
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted partly by an unexpected slowdown in Chinese manufacturing. Concern that the Federal Reserve might ease back on its ...
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way. He's getting no significant uptick in approval from gains in housing, jobs and the stock market. Likewise, he has so far seen no downtick from the recent storms over ...
Top 50 highest-paid CEOs
A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar. 1. Leslie Moonves, CBS, $60.3 million, down 12 percent 2. David Zaslav, Discovery Communications, $49.9 million, down 5 percent 3. Bob Iger, Disney, $37.1 million, up 18 percent 4. Philippe Dauman, Viacom, $33.4 ...
AF general vows to protect quality of weapons work
The commander of the Air Force Nuclear Weapons Center at Kirtland Air Force Base says budget cuts are hitting the Albuquerque installation's staff and operations but that the safety, security and reliability of the weapons themselves won't be affected. Maj. Gen. Sandra Finan (FIN'-an) says the center has laid off ...
Applications for US unemployment aid fall to 340K
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. The less volatile four-week average ticked down just 500 to 339,500, the Labor Department said Thursday. That's close to the five-year low of 338,000 reached during ...
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. ...
Cuts loom in New Mexico unemployment benefits
New Mexicans qualifying for extended unemployment benefits starting next month will have their payments reduced by 25 percent because of federal spending cutbacks, state officials announced Wednesday. The Department of Workforce Solutions estimated the cuts initially could affect 2,100 people. The reductions won't apply to people currently in the state-funded ...
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, ...
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 ...
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