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Executive Chairman of Google Eric Schmidt speaks at the Chinese University in Hong Kong in November of 2013.

Tech Giants Settle Wage-Fixing Lawsuit

Google, Apple, Intel, and Adobe have decided to settle a lawsuit brought by 64,000 employees, who accused the companies of conspiring on a scheme that would drive down wages.

The lawsuit claims that the companies agreed not to recruit each others' employees. The Wall Street Journal reports that while the terms of the suit were not revealed, it has learned it involves a $325 million payout.

The paper adds:

Feds Rescind Washington State's 'No Child Left Behind' Waiver

Washington has become the first state to have its "No Child Left Behind" waiver revoked by the Obama administration. Secretary of Education Arne Duncan notified the state of his decision today, which will restrict Washington's flexibility in spending federal education dollars.

Local Headlines

Thursday, April 24, 2014

YOUNGSTOWN, Ohio -- The Youngstown State University Presidential Search Advisory Committee has narrowed the applicant pool for the YSU presidency to the following six candidates, YSU announced shortly after noon today. Among the six candidates is Jim Tressel, YSU's former football coach and the executive vice president for student success at the University of Akron, who also is one of three finalists to become UA's next president. According to YSU's announcement, the other five candidates are Mary Cullinan, president of Southern Oregon University since 2006 and a...

Thursday, April 24, 2014

WASHINGTON -- The United States imported 3,219,000 net tons of steel in March, including 2,425,000 net tons of finished steel, research by the American Iron and Steel Institute found. These figures are down 2% and up 6.6%, respectively, compared with February data. The AISI report is based on preliminary Census Bureau data. Year to date, total and finished steel imports are 9,710,000 and 7,141,000 net tons, respectively, up 26% and 17% respectively, versus 2013. Annualized total and finished steel imports in 2014 would be 38.8 million and 28.6 million net tons, up 21...