Fast food: Caught in immigration mess

Fast food: Caught in immigration mess

Chipotle Mexican Grill has a lot going for it — an upscale burrito concept, a hip and eco-friendly image, expansion plans galore and a 500 percent-plus stock price gain in just over two years. And then it has something not going its way — a federal crackdown on its immigrant labor force that has so […]

Jane Harman expected to resign from Congress

Jane Harman expected to resign from Congress

Rep. Jane Harman, a leading congressional voice on national security and ranking Democrat on a key House intelligence panel, told constituents on Monday she would resign her seat if named to head a Washington think tank. Harman, serving her ninth term representing California’s 36th district, including an area of west Los Angeles, said she was […]

Obama to CEOs: What can you do for America?

Obama to CEOs: What can you do for America?

Echoing John F. Kennedy, President Barack Obama prodded business leaders Monday to “ask yourselves what you can do for America,” not just for company bottom lines, even as he sought to smooth his uneasy relations with the nation’s corporate executives. Speaking to the U.S. Chamber of Commerce, the president urged the business community to help […]

Say what? High unemployed and fewer layoffs?

Say what? High unemployed and fewer layoffs?

The U.S. labor force has been split into two groups: the relieved and the desperate. If you have a job, you can exhale; you’re less likely to lose it than at any point in at least 14 years. If you’re unemployed? Good luck. Finding a job remains a struggle 20 months after the recession technically […]

AOL buying Huffington Post for $315 million

AOL buying Huffington Post for $315 million

Online company AOL Inc. is buying online news hub Huffington Post in a $315 million deal that represents a bold bet on the future of online news. The acquisition announced early Monday puts a high-profile exclamation mark on a series of acquisitions and strategic moves engineered by AOL CEO Tim Armstrong in an effort to […]

Green Bay takes Super Bowl 31-25

Green Bay takes Super Bowl 31-25

Forget Lombardi on Broadway. Green Bay has the newest Super Bowl hit: Aaron Rodgers. Capping one of the greatest postseasons for any quarterback, Rodgers led the Packers to their first NFL championship in 14 years Sunday with a 31-25 victory over the Pittsburgh Steelers. The Packers reclaimed the Vince Lombardi Trophy, named for their legendary […]

Obama tries to make peace with business community

Obama tries to make peace with business community

When President Barack Obama named Gene Sperling as his chief economic adviser, two of Sperling’s early calls went to AFL-CIO President Richard Trumka and U.S. Chamber of Commerce President Thomas Donohue. Known for his pugilistic style, Donohue wasted no time. Come on over, he said. When Sperling crossed Lafayette Square, the park that separates the […]

Republicans going easy on budget cuts

Republicans going easy on budget cuts

Republicans now running the House are barely touching Congress’ own generous budget even as they take a cleaver to many domestic agencies. A new GOP proposal would reduce domestic agencies’ spending by 9 percent on average through September, when the current budget year ends. If that plan becomes law, it could lead to layoffs of […]

Bank of America will pay $410 million to settle overdraft fees

Bank of America will pay $410 million to settle overdraft fees

Bank of America Corp (BAC.N) has agreed to pay $410 million to settle lawsuits accusing it of charging customers with excessive overdraft fees, court documents show. The largest U.S. bank by assets is among the more than two dozen U.S., Canadian and European lenders named as defendants in the class-action litigation, which in 2009 consolidated […]

Farmers watch harsh winter destroy their way of life

Farmers watch harsh winter destroy their way of life

For Northeastern farmers long used to coping with all sorts of cold-weather problems, this winter presents a new one: snow and ice that’s bringing down outbuildings, requiring costly repairs, killing livestock and destroying supplies. Farmers in Connecticut alone have lost at least 136 barns, greenhouses, sheds and other structures as snow measured in feet, not […]