Outrage Over Proposal to Let Employers Pool or Pocket Workers Tips

December 17, 2017

I scanned the latest 1,000 comments about the Labor Dept.’s proposed rule on tip-sharing, and the imbalance was startling. Nine hundred ninety-six of them did not like the idea. Here are some unedited excerpts, with names and hometowns of commenters where available. There were more than 5,300 comments in all as of Dec. 13. Forgive me for not looking at all of them. — Ronald Putman, Spring Hill, Fla. — Donna…

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AT&T, U.S. Prepare to Battle in Court Over Time Warner Merger

November 25, 2017

A defiant Randall Stephenson told antitrust enforcers that Time Warner Inc. The lawsuit “stretches the very idea of antitrust law beyond the breaking point,” Stephenson, AT&T’s chief executive officer, said at a briefing Monday. He left the door open for negotiations to find a way for the deal to pass federal muster — but reiterated that he wouldn’t sell CNN to appease Washington, whether the deal was influenced by President Donald…

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Dr. Doom, at Age 89, Has Ideas About How to Pick the Next Federal Reserve Chief

October 16, 2017

There aren’t many people still working on Wall Street who can blithely say “Bill” when speaking of long-ago Federal Reserve Chairman William McChesney Martin. Henry Kaufman, now 89, is one of them. The Wall Street economist once known as Dr. Doom for his bearish pronouncements on interest rates cited Martin in an Oct. 5 talk that was full of pointed observations about Fed chiefs past, present, and future. Kaufman, who…

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DeVos Scraps Obama Guidance on Investigating Campus Sexual Assault

September 25, 2017

Washington (AP) — The Trump administration on Friday scrapped Obama-era guidance on investigating campus sexual assault, replacing it with new instructions that allow universities to require higher standards of evidence when handling complaints. Education Secretary Betsy DeVos has said that President Barack Obama's policy had been unfairly skewed against those accused of assault and had "weaponized" the Education Department to "work against schools and against students." The change is the…

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