Refinery Strike Widens To Include America’s Biggest Oil Refinery

Posted On February 21, 2015

(Houston, TX) -- This country's oil refinery strike is widening to include the nation's biggest refinery. About 65-hundred workers for Motiva Enterprises were notified about the strike early today by the United Steelworkers union. Oil companies and the union are trying to work out a national agreement that centers on worker safety, pay and benefits.…

Tentative West Coast Port Labor Deal Reached

Posted On February 21, 2015

(San Francisco, CA) -- Officials for both sides are confirming that a tentative deal has been reached between shipping companies and dockworkers at West Coast ports. The deal comes after nine months of contentious labor talks that led to partial shutdowns of docks up and down the Pacific Coast. U.S. Labor Secretary Tom Perez got…

Obama Cheers Economic Recovery

Posted On February 20, 2015

(Washington, DC) -- President Obama is cheering the ongoing economic recovery.   At the Democratic National Committee's winter meeting in DC today, Obama stressed that job creation continues to rise while deficits are falling. Obama also noted that more than ten million Americans now have affordable health insurance thanks to the Affordable Care Act. Additional…

Citigroup CEO Pay Cut By 9%

Posted On February 20, 2015

(Undated) -- Citigroup is hitting its CEO with a pay cut. Bloomberg Business reports Michael Corbat's pay will be slashed by nine-percent, meaning he'll now be making just over 13 million dollars. Among the nation's half a dozen largest banks, Citigroup's stock was the worst performer in 2014. Its profit fell by 47 percent.

Labor Sec Sets Deadline For Ports Dispute Resolution

Posted On February 20, 2015

(Undated) -- Labor Secretary Thomas Perez is trying to bring an end to the West Coast ports labor dispute before it begins to take an even bigger toll on the economy. The dispute has idled docks along the West Coast in recent weeks. Walmart even admitted just yesterday that the issue was starting to take…