CNBC's Scott Wapner reports on the latest letter sent to Sotheby shareholders by Dan Loeb's Third Point, which states their nominees will "reinvigorate the board of directors."» Read More
WASHINGTON-- Unions are shifting more of their political resources to state and local races this year as they try to head off passage of laws that could undermine bargaining rights, make it harder to organize or reduce their political muscle. In Maine and Minnesota, labor leaders hope to overturn Republican majorities in state legislatures.
But times are tough for unions in the Rust Belt, even in a longtime bastion like Michigan.
Scott Walker is touting the deposit of nearly $109 million into the state's rainy day fund, money that can be tapped in an emergency. The deposit announced Monday comes after the state ended the last fiscal year in June with a surplus of about $342 million.
MADISON, Wis.-- A decision on whether to put on hold a judge's ruling restoring major parts of Wisconsin's collective bargaining law has been delayed. Dane County District Judge Juan Colas on Friday gave those challenging the law passed by Gov.
Scott Walker praised the latest national jobs figures showing a drop in the unemployment rate to its lowest level since President Barack Obama took office, but he refused to credit Obama's policies for the improvement.
The battle over Proposition 32 on the November ballot follows conflicts in Wisconsin, Ohio, Indiana and elsewhere where efforts to dilute the strength of organized labor have produced political tumult, a flood of TV ads and widespread demonstrations.