Committee OKs comp time bill
The House Education and Workforce Committee approved a bill allowing paid time off in place of overtime pay for workers earning over 40 hours weekly. It would grant comp time at 1.5 hours per overtime hour, up to 160 hours annually, with cash payout on year end. Opponents warn of lower wages and longer hours.
MENTIONED IN THIS ARTICLE
Washington
House
House Education and Workforce Committee
Congress
Executive Branch
Judy Biggert
R i
George Miller
California
Labor Department
Fired HealthSouth CEO invokes Fifth in fraud case
Richard Scrushy refused to answer questions in federal court about alleged $2.5 billion earnings inflation at HealthSouth. The SEC seeks asset freezing while prosecutors probe massive accounting fraud. Scrushy claims financial needs and fights disclosure as rest of company history notes HealthSouth as a large outpatient care provider with 51,000 employees.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
HealthSouth
Richard Scrushy
Wall Street
Scrushy
Bill Hicks
Securities and Exchange Commission
SEC
Tom Sjoblom
U.S
Inge Johnson
Lucky magazine thrives as a chic shopping magalog
Lucky magazine, once mocked for its catalog like format, has proven durable with readers and advertisers. Circulation rose to 818000 from 500000 in December 2000, ad pages up about 35 percent year to date, as retailers tout Lucky’s product placements and easy buying cues.
MENTIONED IN THIS ARTICLE
New York
Lucky Magazine
Lucky
Holly Morgan
Dallas
Audit Bureau of Circulations
Publishers Information Bureau
Scott Donaton
Advertising Age Magazine
Arlene Putterman
Fortunoff
Ers
Kim France
France
Sharon Dotson
Houston
Wall Street slips on worries over corporate profits
Wall Street fell as investors cooled to Iraq war optimism and focused on first quarter profits. The Dow dropped 100.98 to 8,197.94 while the Nasdaq fell to 1,356.74 and the S&P 500 slid to 965.99 as earnings disappointments loom. Yahoo! rose after hours despite a mixed report and several financial stocks moved lower.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Iraq
Arthur Hogan
Jefferies & Co
Standard & Poor
Saddam Hussein
Baghdad
Saddam
Chris Johnson
Schaeffer
Cincinnati
Johnson
New York Stock Exchange
Dollar and gold drift as euro weakens in Europe
The dollar mixed against major currencies in early Europe trading as gold edged higher. The euro stood at 1.0681 dollars in late European dealings, then 1.0710 in New York midday trading. Yen rose to 120.52, Swiss franc to 1.3922, and Canadian dollar to 1.4680. The pound rose to 1.5532 dollars. Gold closed London at 322.90, Zurich 322.60, and Hong Kong 324.55. Silver eased to 4.45 in London.
MENTIONED IN THIS ARTICLE
London
New York
Europe
Zurich
Hong Kong
Also Mentioned on This Page
Invokes
Sjoblom
Americans
Mr. Hummel
Rae Alto
America
MP Hummel
M.J. Hummel
Robert Miller
Hummel
M.S. Hummel
MS. Hummers
Logon
Sre
Morgan
Knight
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