Labor
A look at Mo. legislative action during 2013
The Missouri Legislature concluded work Friday on its 2013 session. Here's a look at what passed and what failed. WHAT PASSED: ABORTION Requires a physician to be present when administering the initial dose of an abortion-inducing drug. HB400. BENEVOLENT TAX CREDITS Reinstates expiring tax credits for certain charitable donations, such ...
Business Highlights
___ A year after IPO, Facebook aims to be ad colossus NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger ...
Pa. unemployment rate drops slightly in April
Pennsylvania's unemployment rate declined slightly last month, but remains above the national rate. The state Department of Labor & Industry said Friday the April rate of 7.6 percent compared to 7.9 percent in March. The national jobless rate for April was 7.5 percent. A survey of households showed the number ...
On jobs trip, Obama tries to leave problems behind
President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. "Our work is not done, and our focus cannot drift," Obama said. Obama's jobs tour took him to ...
Brazil approves law to modernize ports
Brazil plans to modernize and expand its overcrowded ports, attract private investments to the sector and make it easier for companies to hire skilled foreign workers, in a bid to spur economic growth, The Brazilian Congress approved legislation late Thursday that allows the private sector to invest in state-owned ports ...
Data storage company plans Newark facility
A Pennsylvania company is planning a $1 billion investment in a data storage and management facility at the former Chrysler assembly plant site in Newark. Gene Kern, CEO of The Data Centers LLC, tells The News Journal of Wilmington (http://delonline.us/13BjsVT ) that the West Chester, Pa.-based firm wants to build ...
Greece faces slow, jobless recovery next year
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said. The European Commission issued the gloomy predictions Friday in a 237-page assessment of Greece's bailout agreement, as the ...
Unemployment falls in 40 US states, rises in 3
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. The Labor Department said Friday that unemployment rates increased in only three states: Louisiana, Tennessee and North Dakota. Rates were unchanged ...
Bloomberg appoints ex-IBM CEO as privacy adviser
Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards. The move comes a week after revelations that Bloomberg journalists had access to some information on customers' use of ...
Correction: Retailers-Bangladesh story
In a story May 15 about retailers' reactions to a proposal aimed at making garment factories safer in Bangladesh, The Associated Press erroneously reported that Gap wouldn't sign on unless it would be free of any legal liability. In fact, Gap was objecting to facing unlimited legal liability. The company ...
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