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Budget cuts mean Furlough Friday at four federal agencies
ReutersWASHINGTON (Reuters) - Across-the-board budget cuts have created Furlough Friday in Washington and elsewhere, as the one-day closing of four federal agencies forced an unpaid day off for 115,000 workers. Employees at the Environmental Protection Agency,...Tags: Government, U.S. Department of Housing and Urban Development, Environmental Issues, Government Debt, Employees
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CPS approves largest school closure in Chicago's history
Tribune reportersMonths of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings....Tags: Separation of Church and State, University of Chicago, Illinois General Assembly, Ryerson Incorporated, Lawndale (Chicago, Illinois)
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US unemployment aid applications drop 23,000 to 340,000, a sign of improvement in job market
AP Economics WriterWASHINGTON (AP) — 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,...Tags: Money and Monetary Policy, Finance, Federal Reserve, Ben Bernanke, Career and Workplace
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Eric Garcetti's winning strategy took Wendy Greuel strongholds
Eric Garcetti defeated Wendy Greuel in the Los Angeles mayor's race despite Greuel’s overwhelming support in heavily African American neighborhoods. The city controller's strength among black voters in South L.A. was too little to make up for...
Tags: Elections, Local Elections, Kevin James, Richard Riordan, Wendy Greuel
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Retail roundup: J.C. Penney loan, Abercrombie apology, Mattel layoffs
The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch. Mattel: As the El Segundo-based toymaker adapts to its newly created North America division, it...
Tags: JC Penney Company Inc., Economy, Business and Finance, Target, New York City, Corporate Officers
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Eric Garcetti faces tough tests when he takes office as mayor
In the campaign for mayor, Eric Garcetti spoke grandly about a city with plentiful summer jobs for low-income teens, a tunnel under the traffic-clogged Sepulveda Pass and even an end to homelessness. But a day after winning office, the mayor-elect faced...
Tags: Elections, Government, Finance, Wendy Greuel, Herb Wesson
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Cessna not releasing number of layoffs
KWCH 12 Eyewitness NewsPlanemaker Cessna says it has started implementing a plan to cut back its workforce. Last month, the company announced it would offer early retirement to 180 workers and proceed with layoffs for others based on performance and other factors. The company...Tags: Job Layoffs, Unemployment
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Obama nominee vows to work with Congress to fund transportation
ReutersBy Doug Palmer WASHINGTON, May 22 (Reuters) - President Barack Obama's choice to be transportation secretary promised on Wednesday to work with Congress to figure out how to fund U.S. transportation needs during a time of tight budgets and faced...Tags: Highway Transportation, Elections, Charlotte, Barack Obama, John Thune
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CPS OKs massive closings
Months of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings....
Tags: University of Chicago, Lawndale (Chicago, Illinois), Students, Ameya Pawar, Teaching and Learning
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Elections deal a blow to L.A. unions
Some of the most powerful labor organizations in Los Angeles placed huge bets on mayoral candidate Wendy Greuel that went bust. All their spending and prodigious organization failed to ignite Greuel's campaign and allowed her opponent, Eric Garcetti, to...
Tags: Public Employees, Elections, Government, Bill Clinton, David Koch
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Hartford Mayor Rejects Council's Budget Cuts
The Hartford CourantMayor Pedro Segarra on Thursday rejected more than half the cuts made to his proposed $543.9 million budget by the city council, opting for an additional $3.9 million in reductions instead of the $8.6 million approved by the council. Segarra vetoed a...Tags: Career and Workplace, Pedro E. Segarra, Budgets and Budgeting, Government Debt, Larry Deutsch
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Australia coal firms dig in for years of mine closures, job cuts
Reuters* Coal producers face too much supply through 2020 * Will be forced to make deeper cuts, shed more mines * Big firms best placed to weather downturn * Junior miners struggle to get funding By Rebekah Kebede PERTH, May 24 (Reuters) - Australian coal...Tags: Whitehaven, Mining, BHP Billiton Plc., Stock Broking, China
May 24, 2013
|Story| Reuters
May 23, 2013
|Story| Chicago Tribune
May 23, 2013
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May 23, 2013
|Story| Los Angeles Times
May 23, 2013
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May 22, 2013
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May 23, 2013
|Story| KWCH
May 22, 2013
|Story| Reuters
May 23, 2013
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May 23, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Hartford Courant
May 23, 2013
|Story| Reuters
Original site for Layoffs and Downsizing topic gallery.