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  • WASHINGTON— Salaried workers who earn nearly $1,000 per week would become eligible for overtime pay under a proposal President Barack Obama unveiled Monday, lamenting that too many Americans are working too many hours for less pay than they deserve. The long-awaited overtime rule from the Labor Department would more than double the threshold at which...

  • The USDA decided in April to include Greek yogurt as a permanent option in its school lunch program after classifying it as an approved meat substitute in 2013. Chobani was selected as the exclusive provider after it successfully led a Greek yogurt pilot program over the past year, expanding the program from four to 12 states. During the first three months of...

  • The Louisville Metro Council's decision to raise the minimum wage does not conflict with state law, Jefferson County Circuit Court Judge Judith McDonald-Burkman ruled. "The Metro Council and I took this step year to provide working families a higher minimum wage because we know that many struggle to pay for housing, food, clothing and medical care," Louisville...

  • CHICAGO— Throughout the country, relief was the dominant emotion among consumers who get help from the government to lower their health insurance costs following Thursday's Supreme Court ruling upholding the subsidies underpinning President Barack Obama's health care overhaul. I didn't vote for him, "said Salt Lake City resident Paige Preece, whose...

  • New era in police recruitment: courting hearts and minds Wednesday, 24 Jun 2015 | 11:48 AM ET

    But most of all, cognizant of the recent turmoil over officer-involved deaths in Ferguson, Missouri, Baltimore and elsewhere, America's police chiefs are looking for compassionate men and women who are in the field to do good. Take Victor Ransom, whose first assignment as an officer in Jersey City, New Jersey, is bringing him to familiar territory: his own...

  • June 23- JetBlue Airways Corp on Tuesday said it will add its premium "Mint" class to transcontinental flights from Boston, the first new city for a service that JetBlue credits with helping it steal share from competitors. JetBlue will offer Mint service, the airline's answer to first and business class, on flights from Boston to San Francisco starting March 2016...

  • Treasuries prices fell on Monday on optimism Greece would reach a last-minute deal with creditors and after stronger-than-expected U.S. housing data supported expectations of a September Federal Reserve rate hike. In the euro zone, Greece took a step back from the abyss when it presented new reform proposals that euro zone finance ministers cautiously...

  • Last week alone, governors of 10 states were jetting across Europe, many converging at an air show in Paris. Others traveled to Canada, South America and Asia. Since the start of 2014, governors have taken or scheduled more than 80 trips to 30 countries in their efforts to increase exports and entice foreign companies to expand in their states, according to a...

  • Fifth Third Bancorp cutting up to 100 branches Monday, 22 Jun 2015 | 7:42 AM ET

    NEW YORK— Fifth Third Bancorp plans to close or consolidate about 100 branches and has abandoned plans for 30 new ones. The changes will cost the company between $75 million and $85 million in impairment charges during the second quarter. As of March 31, the Cincinnati company had 1,303 full-service banking centers and 2,637 ATMs in Ohio, Kentucky, Indiana,...

  • BOISE, Idaho— A federal judge has signed off on a $25 million settlement in a lawsuit between wholesale grocers and potato farming associations accused of forming a price-fixing cartel. Associated Wholesale Grocers filed the class-action lawsuit in 2010, contending that potato growers in Idaho and elsewhere conspired to raise prices by restricting the...

  • DETROIT/ BERLIN, June 19- Volkswagen AG expects "limited growth" in the United States over the next two years and will focus on defending the market share it has, the top executive for the region told Reuters, suggesting the German automaker will fall short of an ambitious 2018 sales target. VW's U.S. chief, Michael Horn, downplayed the importance of hitting annual U.S....

  • WASHINGTON— Unemployment rates rose in 25 U.S. states last month, driven higher in many cases by more people who began looking for work but didn't immediately find jobs. Rates fell in 9 states and Washington, D.C., and were unchanged in 16 states, the Labor Department said Friday. Hiring in Montana was flat.

  • Healthways Inc. says it's getting less revenue than it expected from a contract with one health plan, and implementation and sales of a heart disease program and opportunities for a community wellness program have not met its expectations. The company is now forecasting $770 million to $785 million in annual revenue, down from its previous estimate of $800...

  • WASHINGTON, June 17- U.S. congressional Republicans on Wednesday discussed extending subsidies to Americans who may otherwise be unable to afford their health insurance if the Supreme Court rules soon against President Barack Obama's healthcare law, Republican lawmakers and aides said. Republicans met behind closed doors in the House of Representatives...

  • Clarcor misses Street 2Q forecasts Wednesday, 17 Jun 2015 | 6:51 PM ET

    FRANKLIN, Tenn. _ Clarcor Inc. on Wednesday reported fiscal second-quarter net income of $38.5 million. Clarcor expects full-year earnings to be $3 to $3.15 per share, with revenue in the range of $1.59 billion to $1.62 billion. Clarcor shares have fallen 7.5 percent since the beginning of the year.

  • CHICAGO, June 17- Package delivery company FedEx Corp on Wednesday posted a fiscal fourth-quarter net loss of $895 million, weighed by pension costs and a stronger dollar. In pre-market trading FedEx shares were down 1.5 percent at $178.36. FedEx also gave a profit range for the current year that broadly met analyst expectations but said that outlook does not...

  • FedEx shares fall on weak quarter, disappointing outlook Wednesday, 17 Jun 2015 | 7:51 AM ET

    FedEx's latest quarterly results missed Wall Street expectations, as lower fuel surcharges and the strong dollar cut into revenue at its big express-shipping business. Shares of FedEx Corp. fell 3 percent on Wednesday. FedEx reported a loss of $895 million, or $3.16 per share, in the quarter ended May 31, as results were dragged down by a $2.2 billion charge for a...

  • NEW YORK, June 16- The Vanguard Group, which in 40 years became the biggest mutual fund company by selling low-priced, market-matching funds, is competing with some of its best customers- the brokers and advisers who funnel client assets to its funds-- by offering personalized service to investors with more than $500,000. And the company has widened the pool of...

  • TREASURIES-U.S. bond prices steady on Greece worries Friday, 12 Jun 2015 | 3:14 PM ET

    NEW YORK, June 12- U.S. There remained no progress in Greece's negotiations with its lenders on a deal to avert default, a move that traders fear would roil global financial markets. With Athens owing the International Monetary Fund a 1.6 billion-euro payment at month's end, senior euro zone officials have formally discussed a Greek default for the first time,...

  • TREASURIES-U.S. bond prices rise on Greece concerns Friday, 12 Jun 2015 | 11:28 AM ET

    NEW YORK, June 12- U.S. With Athens owing the International Monetary Fund a 1.6 billion euro payment at month's end, senior euro zone officials have formally discussed a Greek default for the first time, several of them told Reuters. That's sending people for cover, "said Justin Hoogendoorn, fixed income strategist at BMO Capital Markets in Chicago.