Time. Walmart has been threatened with protests by its employees. The company filed a complaint with the National Labor Relations Board hoping to stop the demonstrations, but the board wont rule on it before tomorrow. Diane eastabrook looks at the personal price of thanksgiving day store hours. Reporter this is the calm before the storm at a chicago toys r us. Manager danny soro thinks up to 10,000 shoppers will descend on the store when it opens thanksgiving evening, forcing his 300 employees to cut short their holiday. We open at 8 00 and were expecting lines to start from 5 pm to go pretty much throughout the plaza. Reporter walmart, kmart, and sears are also opening tomorrow at 8pm; targets opening at 9 00pm. And while opening on turkey day is expected to mean big business for retailers, its ruffling the feathers of many employees who wont get paid overtime to work the holiday. I feel very frustrated about this situation. Reporter walmart associate charmaine givens is scheduled to
Fix will involve tax hikes of some sort, and spending cuts as well. We spoke with economist dean baker from the center for economic and policy research, and economist Douglas Holtz eakin of the American Action forum. N. B. R. s Washington Bureau chief darren gersh began the discussion by asking baker what tighter federal policy will mean for the economy in the coming year. Insofar as we get austerity, we get tax increases, spending cuts, thats going to slow the economy. I anticipate a deal so we are dont see the full, you know, 500 billion tax increases 100 billion spending cuts but whatever we do see in tax increases, spending cuts will be a drag on growth which is really not what we would see. If i had my choice we would have more stimulus, more tax cuts, more spending, boost the economy. Are we headed for europeanstyle like austerity,. We shouldnt have to be. What we should be doing is fix the longterm debt problem. And that should happen in the spring. Between now and the spring we
Will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of felony manslaughter and one felony count of lying to congress. In addition, two b. P. Supervisors on the deepwater rig have been charged with 23 counts of manslaughter. Another b. P. Executive was charged with lying to congress. B. P. Will also pay a record setting 4 billion in criminal fines and penalties. Thrown in with the criminal charges is a civil settlement with the securities and exchange commission. B. P. Will pay more than half a billion dollars to settle charges it lied to investors, telling them the macondo spill was onetenth its actual size. B. P. Executives made numerous public statements in which t
Fix will involve tax hikes of some sort, and spending cuts as well. We spoke with economist dean baker from the center for economic and policy research, and economist Douglas Holtz eakin of the American Action forum. N. B. R. s Washington Bureau chief darren gersh began the discussion by asking baker what tighter federal policy will mean for the economy in the coming year. Insofar as we get austerity, we get tax increases, spending cuts, thats going to slow the economy. I anticipate a deal so we are dont see the full, you know, 500 billion tax increases 100 billion spending cuts but whatever we do see in tax increases, spending cuts will be a drag on growth which is really not what we would see. If i had my choice we would have more stimulus, more tax cuts, more spending, boost the economy. Are we headed for europeanstyle like austerity,. We shouldnt have to be. What we should be doing is fix the longterm debt problem. And that should happen in the spring. Between now and the spring we
Settlement and criminal pleas will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of felony manslaughter and one felony count of lying to congress. In addition, two b. P. Supervisors on the deepwater rig have been charged with 23 counts of manslaughter. Another b. P. Executive was charged with lying to congress. B. P. Will also pay a record setting 4 billion in criminal fines and penalties. Thrown in with the criminal charges is a civil settlement with the securities and exchange commission. B. P. Will pay more than half a billion dollars to settle charges it lied to investors, telling them the macondo spill was onetenth its actual size. B. P. Executives made numerou