Industry: Trade
May 26, 2015
Assembly Bill 359, which passed 42-26, bars stores from firing workers for non-performance reasons within 90 days of a merger or buyout. After that grace period expires stores would need to conduct performance reviews to help decide whether to keep the employees.
May 12, 2015
Retail sales barely budged in April, confounding projections for a small increase, figures from the Commerce Department showed Wednesday. That followed a 0.2 percent drop from January through March that marked the first quarterly decline in almost three years.
March 28, 2015
U.S. consumer spending barely rose in February as households used the windfall from lower gasoline prices to boost savings to the highest level in more than two years, the latest sign that the economy hit a soft patch in the first quarter.
Feb. 19, 2015
The amount of cargo that moved through the Port of Long Beach in January took a nearly 19 percent nosedive compared to the same month last year because of ongoing congestion and labor strife, officials said late Wednesday.
Feb. 15, 2015
The labor dispute between West Coast ports and the longshormen’s union is having an effect on the California economy. Nick Vyas directs the Center for Global Supply Chain Management at the University of Southern California. He estimates California has lost between a half billion and a billion dollars since the port labor dispute began. And he says state leaders should take an active role in trying to end the dispute.
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