New Steelworkers Deal Looms Heavy, Rallies Workers

- August 16, 2015

The main battle in the negotiations is over healthcare. Both companies are asking employees to contribute to their healthcare insurance premiums. ArcelorMittal CEO Lakshmi Mittal said in a recent interview that, in addition to wage-freezes and vacation concessions, the company is asking that individuals pay $150 and families $250 for monthly healthcare premiums. U.S. Steel representatives have requested similar concessions in its negotiations with the USW.

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Civil Rights Founding Father Julian Bond Dies at 75

- August 16, 2015

In a statement on Sunday President Obama called Bond “a hero and, I’m privileged to say, a friend.” Citing Bond’s long resume, Obama continued, “Julian Bond helped change this country for the better. And what better way to be remembered than that.”

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Illinois Passes Large-Scale Police Conduct Reform

- August 15, 2015

Rauner, a Republican, worked alongside the bill’s primary sponsor, Chicago Democratic State Senator Kwame Raoul, as well as with police unions throughout the state to turn the reform into law. Rauner praised the bipartisan effort, saying in a statement, “As a society, we must ensure the safety of both the public and law enforcement. SB 1304 establishes new and important guidelines and training for police departments and their officers, while protecting the public by prohibiting officers from using excessive force.

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Connecticut High-Court Rules against Death Penalty

- August 14, 2015

The Connecticut legislature voted in 2012 to abolish the death penalty, however, that measure only affected future crimes committed in the state. Calling it unconstitutional, Associate Justice Richard Palmer wrote the majority opinion, stating that the death penalty “no longer comports with contemporary standards of decency and no longer serves any legitimate penological purpose.”

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‘Go Bleep Yourself San Diego!’

- August 13, 2015

San Diego unveiled a $1.1 billion proposal to build a stadium in the city’s Mission Valley area to keep the team there, replacing the antiquated Qualcomm Stadium. The proposal, however, only includes one-third of the cost to be publicly financed, leaving the Chargers and the NFL responsible for over $750 million of the cost. Chargers executive Mark Fabiani rebuked the proposal and city officials, saying “The Chargers have been clear from the start that the franchise will not be the city’s guinea pig for this inevitably ill-fated legal experiment.”

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Industry and Consumer Groups along with Congressman Fight Delayed Orbitz-Expedia Merger

- August 13, 2015

A formidable push is gathering for antitrust authorities to block the proposed merger between online-travel giants Expedia and Orbitz. Congressional authorities, consumer groups, and those within the hotel industry are urging the Department of Justice to strongly consider the antitrust concerns of the merger. Expedia announced the proposed $1.3 billion acquisition in February, shortly after

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Hacking is Huge Business for Insider Trading Ring

- August 12, 2015

U.S. Attorneys’ offices in New York and New Jersey, along with the Securities and Exchange Commission (SEC), have filed over 20 charges against an international ring of hackers and traders accused of selling and buying unreleased business information. The group of hackers, mostly from the Ukraine and Russia, are suspected of taking advantage of security

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FCC Issues Largest ever “Robocall” Fine

- August 12, 2015

Florida-based Travel Club Marketing was hit with the largest automated-calling fine in Federal Communications Commission (FCC) history on Tuesday for making at least 185 unsolicited calls without customer consent, including 142 households on the National Do-Not-Call Registry. The fine of $2.96 million, reported by the FCC’s Enforcement Bureau, is the largest fine the agency has

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New York’s “Responsible Banking” Law Ruled Unconstitutional

- August 11, 2015

In U.S. District Court in Manhattan on Monday, Judge Katherine Polk Failla issued New York’s mayor Bill De Blasio a notable defeat of a law intended to regulate the community-mindedness of the many financial institutions that inhabit the city. New York’s city council passed the Responsible Banking Act (RBA) in 2012, requiring banks in the

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