Ohio vote centers on union limits in Senate Bill 5 battle
Ohio voters decide Issue 2 on a sweeping rewrite of the state’s collective bargaining law. Gov. Kasich signed SB 5 reducing union powers for police firefighters teachers and nurses while banning strikes and large promotions based on seniority. The measure framed by budget pressures drew thousands to the Statehouse amid protests and could shape the 2012 presidential race nationwide.
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Corzine resigns from MF Global amid missing client funds
Former New Jersey governor Jon Corzine steps down as MF Global chief after the firm collapses into bankruptcy amid a FBI probe into hundreds of millions in missing client money. Regulators say more than 600 million remains unaccounted for as investigations expand.
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