Seattle Council approves driver unionization framework
The Seattle City Council voted 8 0 to enact an ordinance letting taxi for hire and Uber drivers unionize under city oversight. The measure requires driver lists from companies and a majority driver vote via a nonprofit designated as bargaining representative. The city enforces penalties but does not revoke licenses.
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Seattle
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Mike O’brien
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Fed likely rate hike and its impact on borrowing and the economy
The Fed is expected to raise its benchmark rate for the first time since 2006 signaling a healthy economy. Higher rates will raise car and home loan costs, potentially slowing auto and existing home sales in 2016, while savers may gain from higher deposits and CDs.
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Newell Rubbermaid to Acquire Jarden in 13.2 Billion Deal
Atlanta based Newell Rubbermaid will acquire Boca Raton Florida based Jarden Corp in a 13.2 billion deal. The combined group will carry Newell Brands as its name and expand a brand roster including Sharpie Rubbermaid Elmer's Calphalon Mr Coffee Yankee Candle Coleman and Rawlings.
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Coleman
Rawlings
Wall Street ends higher after late-day rally
After an indecisive day stocks closed with modest gains. The Dow rose 103.29 to 17358.50 and the S&P 500 gained 9.57 to 2021.94 while the Nasdaq added 18.76 to 4952.23 as oil recovered from earlier losses.
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O'Neill Healthcare Tags Adopted Across Ohio Suburbs
The chain announces new naming for facilities in Bay Village Fairview Park Hospice Lakewood North Olmsted North Ridgeville and North Olmsted highlighting regional expansion and rebranding across six locations.
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Fairview Park
Hospice
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