Overtime Pay Eligibility Is Widened in New Federal Rule

Overtime Pay Eligibility Is Widened in New Federal Rule

The Labor Department on Tuesday announced that it had finalized a rule expanding overtime pay eligibility to up to 1.3 million workers.Under the new rule, most salaried workers who earn less than about $35,500 per…

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How One Address Led to a $100 Million Tax Credit Scheme

How One Address Led to a $100 Million Tax Credit Scheme

PEARL RIVER, N.Y. — In the summer of 2015, Jaguar Land Rover North America told state officials in New Jersey that it was considering moving to an office development in New York called Blue Hill…

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The Fed Might Have Shrunk Its Balance Sheet Too Much. Does it Matter?

The Fed Might Have Shrunk Its Balance Sheet Too Much. Does it Matter?

President Trump spent nearly a year insisting that the Federal Reserve should stop shrinking the massive holdings of government-backed securities on its balance sheet, arguing that the process was reining in the United States economy.Last…

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This Week in Business: No More E-Cigarettes at Walmart, and an Attack on the World’s Oil Supply

This Week in Business: No More E-Cigarettes at Walmart, and an Attack on the World’s Oil Supply

Who knew the humble tailpipe could cause so much political rancor? Find out why, below, along with more business and tech news that you should know heading into the week. On that note, check out…

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From Underwear to Cars, India’s Economy Is Fraying

From Underwear to Cars, India’s Economy Is Fraying

TIRUPUR, India — When Alan Greenspan ran a consulting firm and wanted to know where the economy was headed, he would often look at sales of men’s underwear as a guide.Mr. Greenspan, who later served…

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Inside Airbnb, Employees Eager for Big Payouts Pushed It to Go Public

Inside Airbnb, Employees Eager for Big Payouts Pushed It to Go Public

SAN FRANCISCO — Last summer, several Airbnb employees wrote a letter to the online room-rental start-up’s founders.On behalf of more than a dozen employees, they pleaded to be able to sell their Airbnb stock options….

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G.M. Walkout Begins to Pinch Suppliers and Canada Plants

G.M. Walkout Begins to Pinch Suppliers and Canada Plants

The strike that has shut down General Motors plants in the United States since Monday is starting to ripple through the automaker’s supply chain, causing layoffs and production stoppages by parts makers and components manufacturers…

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Graduate Students, After Gains in Union Efforts, Face a Federal Setback

Graduate Students, After Gains in Union Efforts, Face a Federal Setback

It’s not clear how the N.L.R.B.’s proposed rule will affect universities where bargaining is underway. Mr. Swain said Harvard was reviewing the proposed rule to assess its implications. But the regulation could give universities the…

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Uber and Lyft Drivers Gain Labor Clout, With Help From an App

Uber and Lyft Drivers Gain Labor Clout, With Help From an App

When California lawmakers passed a worker-protection bill essentially requiring Uber and Lyft to treat drivers as employees, it was thanks in part to a little-known group called Rideshare Drivers United.Uber and Lyft had hoped for…

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Trade Conflicts Weigh on Confidence, Posing a Risk to Trump

Trade Conflicts Weigh on Confidence, Posing a Risk to Trump

Mr. Wolff, 37, said the economy was doing well in his area now, thanks to the West Texas oil boom, but said he didn’t feel that Mr. Trump deserved much credit for that — and…

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