JP Morgan accused of hiding losses by Senate report BBC News ...The Senate Permanent Subcommittee on Investigations found that the bank misled investors and ignored risks...
Yin Wong, Disabled San Francisco Resident, Says She Was Foreclosed On But Never Missed A Payment Huffington Post ..."It's a very extreme situation if you're someone who doesn't speak English very well and suddenly, through no fault of your own, someone tells you that you no longer own your home..."
EU summit: Austerity push challenged amid mass protests BBC News ...Thousands of protesters rallied outside the summit venue, saying government spending cuts were hitting jobs...
Koch Brothers vs. Rupert Murdoch: The Fight for Tribune Newspapers Is On Atlantic Wire ...The Koch brothers are reportedly considering a bid for the Tribune Company newspapers — focusing on the crown jewels of the L.A. Times and Chicago Tribune, or at least what jewels of power are left in the flailing newspaper industry — but they may face stiff competition in the form of a debt-free, full pocketed media power player named Rupert Murdoch...
House Republicans Unanimously Vote Down Minimum Wage Hike Talking Points Memo ...House Republicans unanimously voted down a measure Friday that would have raised the federal minimum wage, from its current $7.25 per hour to $10.10 by 2015. Six Democrats joined 227 Republicans in voting it down; 184 Democrats voted yes...
Missouri Senate passes union paycheck deduction bill Associated Press ...The Senate voted 24-10 along party lines Thursday to send the measure to the House. Republicans supported the bill, while Democrats voted against it. The House on Wednesday passed a similar measure that would only require consent to spend dues on political contributions...
Detroit Is 'Olympics Of Restructuring,' New Emergency Manager Says NPR ...Kevyn Orr, "a high-powered Washington, D.C., lawyer and University of Michigan graduate who worked on Chrysler's 2009 bankruptcy restructuring," has been given the job of straightening out the city of Detroit's desperate financial mess...
Affidavit: State GOP got rid of redistricting files Associated Press ...An affidavit filed in federal court this week said documents were deleted from state redistricting computers last year even after lawmakers' aides were told to preserve all records. The filing raises the possibility that Republican officials or their lawyers could face sanctions from the panel of three federal judges overseeing the case...
Attorney general won't seek Supreme Court review of collective bargaining case ruling Madison.com ...Wisconsin Attorney General J.B. Van Hollen will not seek a state Supreme Court review of a decision by the Court of Appeals not to stay a Dane County Circuit Court order declaring part of the collective bargaining law to be unconstitutional...
Kasich’s budget plan lowers aid to public schools, boosts privately run charter schools Akron Beacon Journal ...The majority of Ohio and area school districts would get less state funding, while charter schools would get more, in Gov. John Kasich’s proposed changes to the state funding formula, according to an independent analysis by the Legislative Service Commission...
Gov. Dayton Lashes Out At Chamber Of Commerce CBS Minnesota ...Gov. Mark Dayton told hundreds of state business leaders on Wednesday he’s not backing down from a plan to raise taxes on high income Minnesotans...The governor unloaded on his Chamber of Commerce hosts and accused the business group of not telling the truth about the state of the state...
Teamsters confront Thorn Creek Basin officials over labor dispute NWI Times ...Officials with the Teamsters union local that represents 13 employees of the Thorn Creek Basin Sanitary District will meet Monday with Mayor David Gonzalez, who they perceive as a supporter of their ongoing labor dispute...
LABOR: Teamsters talking contract with ABF The Press-Enterprise ...Negotiators for the Teamsters are continuing their contract talks with trucking operator ABF Freight Systems, and these talks are getting close to what now constitutes a deadline...