Jul 15 Reynolds American buys rival for $27.4 billion By Jordan Vesey Two of the largest names in tobacco joined forces Tuesday when Reynolds American bought rival Lorillard to the tune of $27.4 billion. This move unites the No. 2 and No. 3 American cigarette companies in what appears to be a… Continue reading
Jul 15 Feds issue new guidelines to protect pregnant workers By Tom Raum, Associated Press WASHINGTON — For the first time in 30 years, the federal government is issuing new guidelines designed to protect pregnant workers from on-the-job discrimination. The Equal Employment Opportunity Commission (EEOC) update makes it clear that any form of workplace discrimination… Continue reading
Jul 15 California considers emergency water rules, steep fines to cope with drought By Kyla Calvert Mason The proposed rules would prohibit individuals from allowing runoff during outdoor watering, washing cars with open hoses, spraying down sidewalks or other hard surfaces, and using potable water in decorative fountains. There would be a $500 fine for breaking those… Continue reading
Jul 14 Watch Nadine Gordimer, 90, Nobel-winning novelist who spoke out against apartheid By PBS News Hour Nadine Gordimer has died at the age of 90 at her home in Johannesburg. The Nobel Prize-winning writer and anti-apartheid activist used her pen to write damning indictments of South Africa's racial segregation. We look back at Charlayne Hunter-Gault’s 1987… Continue watching
Jul 14 Watch Citigroup to pay $7 billion for 'egregious misconduct' leading up to financial crisis By PBS News Hour The Justice Department announced a $7 billion settlement with Citigroup over “egregious misconduct” related to mortgage securities in the lead-up to the financial crisis. Judy Woodruff gets details from Tony West, associate attorney general at the Department of Justice and… Continue watching
Jul 14 How Social Security should guide when you marry a younger partner By Laurence Kotlikoff When there's an age difference between partners, and one is eligible for Social Security long before the other, when should the couple tie the knot? Social Security expert Larry Kotlikoff advises one man how to maximize his own benefits and… Continue reading
Jul 14 The Dow may be above 17,000, but not for long By Terry Burnham A year after economist Terry Burnham predicted the Dow Jones Industrial Average would hit 5,000 before 20,000, it closed above 17,000 Monday. But Burnham is sticking by his call, introducing a scorecard to track the macroeconomic policies underlying the impending… Continue reading
Jul 14 Swiss Lindt buys Russell Stover By Jordan Vesey Swiss chocolate giant Lindt & Spruengli agreed on a billion-dollar deal to buy U.S. candy maker Russell Stover. The partnership makes Lindt the third largest chocolate maker in North America behind Hershey and Mars, owning 7.9 percent of the market. Continue reading
Jul 14 U.S. reputation survives spying revelations, poll finds By Matthew Pennington, Associated Press WASHINGTON — Widespread global opposition to U.S. electronic surveillance since the revelations by onetime National Security Agency contractor Edward Snowden has not badly tarnished the overall image of the United States, and it remains far more popular around the world… Continue reading
Jul 14 Bill would expedite removal of child migrants from Central America By Erica Werner, Associated Press WASHINGTON — Two Texas lawmakers are teaming up on a bill to speed removals of the unaccompanied Central American kids who’ve been arriving by the tens of thousands at the U.S.-Mexico border. Continue reading