US economic growth slows to 2.2% rate, official figures show The Guardian ...The pace of recovery slowed in the US in the first three months of the year as government spending fell and a build-up in inventories eased...
Spanish economy in "huge crisis" after credit downgrade Reuters ...Unemployment shot up to 24 percent in the first quarter, one of the worst jobless figures in the developed world. Retail sales slumped for the twenty-first consecutive month as a recession cuts into consumer spending...
Report: American Corporations Are Adding More Jobs Overseas Than They Are At Home ThinkProgress ...Those companies, which include Wal-Mart Stores Inc., WMT +2.70% International Paper Co., Honeywell International Inc. and United Parcel Service Inc., boosted their employment at home by 3.1%, or 113,000 jobs, between 2009 and 2011, the same rate of increase as the nation’s other employers. But they also added more than 333,000 jobs in their far-flung—and faster-growing— foreign operations...
Young men in Mexico say the US no longer offers them a better future The Guardian ...Seismic shifts in immigration and demographics leave towns full of young men who once would have dreamed of the US...
Charity Status Of Conservative Group Challenged NPR ...The conservative group that has seen some corporate donors flee because of its involvement in pushing for voter ID and stand-your-ground gun laws, has new troubles. Common Cause has filed a complaint with the IRS that the American Legislative Exchange Council, known as ALEC, violated the limits of its charity tax status...
CP battles with teamsters on pension, demands retraction from Pershing Square Proactive Investors ...CP said that discussions with the TCRC regarding changes to the company’s legacy pension plan will continue under the supervision of the conciliator appointed by the Federal Minister of Labour...
