Friday, July 30, 2010

Links 07/30/10

The new division of labor: Adding profits, subtracting workers Washington Post ...If Chamber President Tom Donohue wants to round up those responsible for the lack of job growth in this country, all he has to do is call a meeting of his board of directors.

In Michigan Visit, Trade Talk Is Taboo Wall Street Journal ...On his first presidential visit to the heart of the American auto industry Friday, President Barack Obama is likely to avoid a subject that's high on Detroit's list of concerns—trade.

Thrifty Rivals Know Value of Dollar Wall Street Journal ...Avis Budget vowed not to let Hertz carjack Dollar Thrifty, but its own offer still has a whiff of grand theft auto about it.

Jobless Claims Fall Wall Street Journal ...In a positive sign for the labor market, the number of workers filing new claims for jobless benefits fell last week by more than expected and continuing claims fell to their lowest level since December 2008.

U.S. Economic Growth Slowed to 2.4% Rate in 2nd Quarter New York Times ...The United States economy expanded at an annual rate of 2.4 percent in the second quarter, after expanding 3.7 percent in the previous three months.

House rejects bill to aid sick 9/11 responders Associated Press