The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
horizon@ (Adds poll showing wide support for teachers, background)
LOS ANGELES, Jan 15 (Reuters) - Some 30,000 striking Los Angeles teachers demanding higher pay, smaller classes and more support staff from the nation's second-largest school district walked picket lines for a second day on Tuesday, with no new talks on the horizon.
Negotiators for the Los Angeles Unified School District and the United Teachers Los Angeles have not met since union leaders rejected the LAUSD's latest contract offer on Friday night, calling the proposal an "insult."
Asked on Tuesday afternoon whether the two sides had any intention of returning to the bargaining table, an LAUSD spokeswoman said: "Nothing is scheduled at this time."
The strike, shattering 30 years of labor peace by Los Angeles teachers, has not completely idled instruction in the sprawling district encompassing some 1,200 schools.
The district has enlisted administrators and substitute teachers to keep classes open on a limited basis through the strike, although LAUSD reported only about a third of its 492,000 public school students showed up on the first day of the walkout.
About 148,000 additional students are enrolled in LAUSD's independently managed charter schools and have been unaffected for the most part by this week's labor strife.
On Tuesday, however, a group of no more than four dozen unionized teachers at three LAUSD charter schools operated by a company called The Accelerated Schools walked off the job in a separate dispute they said was focused on job security.
It marked only the second charter school strike in the nation and the first in California, said Randi Weingarten, president of the American Federation of Teachers parent union .
The Los Angeles walkout followed a wave of teachers' strikes across the United States over pay and school funding, including in West Virginia, Kentucky, Oklahoma and Arizona. Denver teachers could vote to strike by Saturday if no deal on a new contract is reached by then.
SYMPATHY FOR TEACHERS
Public sympathy appeared strongly aligned with the Los Angeles teachers' union, with more than three-quarters of those polled by Loyola Marymount University's Center for the Study of Los Angeles saying they supported the teachers.
The survey, released on Tuesday, showed strike support running at 60 percent or more across all demographic groups, including age, income and political leanings. Among parents with children at home, support topped 82 percent, a finding reflected in the presence of many parents seen walking picket lines with the teachers, despite the inconvenience the strike posed for working families.
Aside from the education disruption, the teachers' strike could have implications for the political aspirations of Los Angeles Mayor Eric Garcetti, considered a likely contender for the 2020 Democratic presidential nomination.
Garcetti expressed support for the striking teachers on Tuesday, telling Reuters at a teachers' rally on Tuesday that the strike "is an important and righteous fight about the soul of our schools. Every parent, every kid deserves a decent-sized classroom where teachers arent overwhelmed by the numbers."
The mayor previously avoided taking sides in the dispute, over which he has little practical sway because the LAUSD is governed by an independently elected school board that appoints its superintendent.
The two sides remained at loggerheads on how much the district needs to invest in hiring staff, including nurses, librarians and other support staff.
Superintendent Austin Beutner said the district had offered staff increases that would cost $130 million a year - more than county officials have said is available - while the union's demands would cost $800 million.
Beutner offered to join teachers in lobbying state lawmakers to increase education funding. "Join me on the bus," he said. "Let's go."
UTLA negotiators want a 6.5 percent pay raise. Teacher pay currently averages $75,000 in the LAUSD, according to state figures. The district has offered a 6 percent hike with back pay.
(Reporting by Alex Dobuzinskis and Steve Gorman; Additional reporting by Dan Whitcomb and Jane Ross in Los Angeles, Gina Cherelus and Peter Szekely in New York and Rich McKay in Atlanta; Editing by Bill Tarrant, Cynthia Osterman and Peter Cooney)