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California’s New Problem: Too Much Money
After years of grueling battles over state budget deficits and spending cuts, California has a new challenge on its hand: too much money.
nytimes.com (1 hour ago)
Jet Airways cuts corners on security
A severe security staff shortage has led Jet Airways to bypass some mandatory security procedures for aircraft departures at the airport, reveal documents.
indiatimes.com (2 hours ago)
Federal budget cuts caused by sequester ripple across region
The nation’s airports bore the brunt of the sequester, but the federal budget cuts hurt the elderly and poor, too.
miamiherald.com (2 hours ago)
Mental health: Young at suicide risk as health cuts bite
Charity forced to turn away at least 200 children and teenagers a year and warned there could be a huge rise in the number of young people committing suicide.
mirror.co.uk (3 hours ago)
Most Chicago-area CEOs benefit from booming markets
But some take pay cuts as companies tie pay to performanceComing off a year when most stock markets generated double-digit returns, CEOs of Chicago-area companies, whose pay is powered by lucrative stock awards, took home more money last year.
chicagotribune.com (4 hours ago)
Idaho National Laboratory to lay off workers
An Idaho National Laboratory contractor has notified employees that it has started an involuntary separation program as it tries to cut costs in the wake of federal budget cuts.Click to Continue »
idahostatesman.com (5 hours ago)
Britain resists EU bid to set new target on renewable energy
The government will oppose attempts to set a new renewable energy target within the EU, in a move that could put at risk tens of billions of pounds of green investment and tens of thousands of new jobs. But in a sop to environment campaigners, ministers will agree to tough greenhouse gas emissions targets by 2030....
guardian.co.uk (6 hours ago)
Broke Detroit's Pension Fund "Trustees" Use Public Funds To Fund Hawaii Trip
"When you have city employees, police, and firefighters have taken pay cuts, it doesn't look good," is the somewhat understated response from Detroit's emergency manager to the city's latest debacle. Amid the deepening financial crisis the crumbling region faces, four trustees of its public pension funds spent...
zerohedge.com (9 hours ago)
Power cuts and water shortages in blistering India heatwave
May 25 - Massive power cuts, scarce water and soaring temperatures take their toll on people across India as cooler hill stations reap the benefits. Sunita Rappai reports.
reuters.com (9 hours ago)
Crane accident cuts power to one-third of Vietnam
HANOI, Vietnam (AP) -- One mistake by a clumsy crane operator caused a 10-hour blackout over about a third of Vietnam, exposing the fragility of the nation's power grid....
ap.org (11 hours ago)
As summer approaches, sequestration threatens holiday fun
Budget cuts will take a toll on Memorial Day, July 4th events, organizers say; national parks face limited hours and reduced staff
cbsnews.com (15 hours ago)
Sequestration threatens holiday fun as summer nears
Budget cuts will take a toll on Memorial Day, July 4th events, organizers say; national parks face limited hours, reduced staff
cbsnews.com (15 hours ago)
Sequoia, Kings Canyon parks cope with cuts
Congress and the White House have ordered Sequoia, Kings Canyon and all other national parks to go on a fiscal diet this year, but visitors to the popular Central California destinations needn't worry about losing access to the world's largest trees and t
visaliatimesdelta.com (15 hours ago)
Forever Yogurt cuts ribbon
St. Charles Chamber of Commerce President Stacey Ekstrom (far left) and Craig Larsen of AHC Advisors (far right) anchor the ribbon with Tom Hansen of St. Charles Bank & Trust (second from left), St. Charles Mayor Rogina (center) and St. Charles Alderman Maureen Lewis help Forever Yogurt owner David Brown cut...
kcchronicle.com (16 hours ago)
Cuts lead to layoffs of 100 at state agency
HARRISBURG - The layoffs of about 100 employees at the state Department of Labor and Industry because of federal aid cuts started Friday, and House lawmakers are pushing a short-term funding solution to help protect the agency's unemployment compensation
standardspeaker.com (18 hours ago)
Visitors might note sequestration impact on national parks
Visitors to the region's National Park Service sites may detect some impacts from automatic federal budget cuts. As the summer season unofficially begins with Memorial Day weekend and outdoor activity increases, a 5 percent reduction in the NPS operating
thetimes-tribune.com (18 hours ago)
David Beckham is heading for retirement - shame about the rest of us
The decimation of pensions and planned salary cuts promise hard times for the older generation, says Judith Woods
telegraph.co.uk (19 hours ago)
Safeway manager wins overtime pay suit
Safeway manager wins overtime pay suit Safeway must pay $26,000 in overtime to a former assistant store manager who, because of staff cuts and demanding standards, spent most of her time doing tasks like bagging groceries and stocking shelves while keeping an eye on her crew, a state appeals court has ruled. Heyen...
sfgate.com (19 hours ago)
How to cook with peanut
Peanut and carrot Nigella Lawson gives a recipe for the Rainbow Room's carrot and peanut salad, named in honour of the restaurant where her mother ate something similar. The mix of ingredients might, she admits, sound odd, but it works, particularly if you're brave with the vinegar: its astringency cuts through the...
guardian.co.uk (20 hours ago)
Thumbs up: Joshua Tree will weather the storm
This summer, many iconic national parks across the nation will be cutting back on staffing, closing some campgrounds and scaling back on popular programs because of mandatory budget cuts that took effect March 1.
mydesert.com (20 hours ago)
Agency feels effects of sequestration cuts
The Berks County Housing Authority has learned that the 20 percent federal sequestration cuts that kicked in on April 1 are starting to affect the agency's operating budget, housing voucher program and fund reserves."Everybody is dismayed," Executive...
readingeagle.com (22 hours ago)
Food Bank decries cuts to nutrition program, 'is not capable' of filling gap
What does $21 billion mean to you?
coloradoan.com (23 hours ago)
Fan Cave cuts two as seven Dwellers remain
Seven remaining Cave Dwellers said their goodbyes to Indians fan Alex Justice and Red Sox fan Nick Mendillo, then hosted Braves catcher Evan Gattis on Friday afternoon before settling in front of the TVs in hopes of watching all remaining 1,736 regular-season games, plus the postseason.
mlb.com (1 day ago)
PERS reforms: Advocates still see hope for deeper public employee pension cuts
Those advocating deeper reforms of Oregon's underfunded Public Employee Retirement System are still hoping legislators can pull off a deal that trades more pension cuts for new taxes. At the top of their wish list: reducing the interest rate used to calculate PERS members' benefits under the system's money match...
oregonlive.com (1 day ago)
Parents make unsuccessful pleas to East Pennsboro Area School Board to keep full-day kindergarten
The school board voted 6-2 Friday night to adopt a preliminary budget that cuts kindergarten to a half-day program.
pennlive.com (1 day ago)
Effort to fix the national debt spreads to Ohio
"The time to act is now," Eaton Corp. CEO Alexander Cutler told Cleveland's City Club at a Friday luncheon, where he said that spending cuts will be tough in the short term, but make the U.S. stronger in the future. "The person to act is you. The power comes from all of us."
cleveland.com (1 day ago)
East Pennsboro Area School Board votes in favor of budget that cuts kindergarten to half-day program
The vote from the board came after more than two hours of discussion in which more than 20 residents urged the board to keep a full-day kindergarten program intact.
pennlive.com (1 day ago)
Despite upcoming Xbox One launch, Microsoft aims to sell 25 million more Xbox 360s
Microsoft’s newly unveiled Xbox One has gamers excited despite some huge question marks, but Microsoft thinks its current-generation Xbox 360 still has legs. Speaking with Official Xbox Magazine, Microsoft’s senior vice president of Interactive Entertainment Business Yusuf Mehdi said that the company is looking to...
yahoo.com (1 day ago)
School crossing guard to be honored Saturday for fighting wage, benefits cuts
Susan Smith, the lead school crossing guard for Richmond County, is being honored Saturday by an area women’s group for “sticking her neck out” to protect the guards’ wages and summer unemployment benefits. Nominated for the Divas of Destiny CSRA honor by state Rep. Gloria Frazier, D-Augusta, Smith butted heads with...
chronicle.augusta.com (1 day ago)
Four federal agencies close doors Friday
Mandatory budget cuts forced 115,000 federal employees to take the day off without pay. (Cox Washington Bureau)
palmbeachpost.com (1 day ago)
