Smoke billows near a home from the Black Forest Fire on June 12, 2013 north of Colorado Springs, Colorado (© Chris Schneider/Getty Images)
Western wildfires: Who pays?

These more frequent deadly disasters burden government budgets and could mean new fees for homeowners who live in harm's way.

LATEST POSTS

A Gallup poll says 52% of full-time workers are disengaged, costing US companies from $450 billion to $550 billion every year.

By Jason Notte Thu 7:28 AM
Man making faces from behind laptop © James Braund, Digital Vision, Getty ImagesWell, America, you've finally done it: You've stopped looking to your job for fulfillment and started looking at it as the unpleasant means to an end that your parents always grumbled it was.


With the recession prompting more people to hold on to any job with a paycheck and making it tough to quit until just recently, Gallup found that 52% of all full-time workers in the U.S. are not involved in their work, not particularly enthusiastic about it and are committed only as much as they have to be. And 18% of those folks are "actively disengaged" and have checked out to the point that they're actually a hindrance to co-workers and management.


Then again, 30% of American workers are excited about their jobs, which matches the highest level of enthusiasm since Gallup started measuring it back in 2008.

 

A judge rules that a movie studio should pay interns working on 'Black Swan.' Other recession-era interns are also filing suit.

By Jason Notte Jun 12, 2013 4:25PM
© Fox SearchlightNo, Fox Searchlight (NWS), taking lunch orders for Natalie Portman and Mila Kunis isn't its own reward.

In a decision that could have huge consequences for the film industry and other businesses that benefit from unpaid internships, a federal judge in Manhattan ruled on Tuesday that 20th Century Fox subsidiary Fox Searchlight violated minimum-wage laws by not paying two production interns for their work on the film "Black Swan," The New York Times reports.


Eric Glatt and Alexander Footman sued Fox Searchlight in September 2011, claiming they did the work of paid employees without receiving any compensation. The suit claimed they took lunch orders, answered phones, arranged other employees’ travel plans, tracked purchase orders, took out the trash and assembled office furniture.

 

Vince Rainey's shtick impressed the Washington Nationals during spring training. Now he'll use it to hawk their pricey brews.

By Jason Notte Jun 12, 2013 4:08PM
A vendor in the stands displays the water and beer he is selling
© Alan Look/Icon SMI/CorbisHow strong is the connection between beer and baseball? Apparently, so mighty that major league teams are scouting the minors for vendor talent.


Vince Rainey, a 25-year-old beer vendor for the Chicago Cubs' Class-A Advanced minor-league affiliate, the Daytona Cubs, has ridden his barked, improv sales pitches to the majors after becoming a fan favorite in Daytona Beach, Fla.


According to the Daytona Beach News-Journal, Rainey's loud, self-aware quips like "Ice cold beer. Beer that is cold. . . and in ice" and "Hey kids, if your parent is drinking a beer, ask them if you can have a cotton candy" also worked during spring training at the Washington Nationals' Space Coast Stadium in Viera, Fla.


That's where he caught the attention of Mark Lerner, Nationals' principal owner, who sent Rainey a handwritten note on team stationery asking him to come work in Washington, D.C.

 

The tradition started in the 19th century, when teletype machines did not have lowercase letters.

By Kim Peterson Jun 12, 2013 3:57PM
Image: Navy ship © CorbisInternet users hate reading anything in all capital letters. It's the digital equivalent of shouting, a faux pas that's considered the height of online rudeness.

The U.S. Navy, however, has been communicating in all caps since the 19th century. And it's been a little jarring for young sailors especially to see capital letters used in orders and other official messages.

So the Navy is dropping all caps to make its communications "more readable and less rude," reports The Wall Street Journal -- which cheekily decided to write up the situation in all capital letters.

A Navy official told The Journal that the decision will save money. It's part of a new, cost-effective messaging system that comes online in August. "If an ancillary benefit is that sailors reading message traffic no longer feel they're being screamed at. . . that's a good thing, too," the official added. 

The federal government says their policies on running criminal background checks on new hires violate the Civil Rights Act.

By Bruce Kennedy Jun 12, 2013 3:18PM

Jail © CorbisThe federal government has filed lawsuits against two major companies for alleged discriminatory hiring practices against people who've been convicted of a crime.


On Tuesday, the U.S. Equal Employment Opportunity Commission announced its lawsuit against a BMW (BAMXY) manufacturing facility in South Carolina. It also filed a separate lawsuit against Dollar General (DG), which the EEOC described as "the largest small-box discount retailer in the United States."


The commission says both companies violated the 1964 federal Civil Rights Act, which prohibits discrimination on the basis of race and national origin, because the BMW and Dollar General practices have a disproportionate impact on African Americans.

 

Netflix of the skies? Surf Air, a California startup, will give customers unlimited access for one price.

By Kim Peterson Jun 12, 2013 3:02PM
A California airline hopes people are so fed up with the current state of air travel that its subscription-based business will be a hit.

Surf Air launched daily flights Wednesday between the Los Angeles and San Francisco areas, giving members unlimited access to its six-seat propeller planes. The cost: $1,650 a month. 

The shore town aims to cultivate a family-friendly image by banning folks from walking the boardwalk 'with their butts hanging out.'

By Jonathan Berr Jun 12, 2013 2:35PM
Boy with baggy pants on subway (© Keith Goldstein/Photographer's Choice RF/Getty Images)Wildwood, N.J., hopes to get young people to hike up their droopy pants where many others have failed.

The Jersey shore town is expected to approve a ban at a City Council meeting later Wednesday on what The Associated Press described as "overly saggy jeans that show underwear or skin when worn on the boardwalk." Offenders would be hit with fines ranging from $25 to $200, depending on the severity of the offense. The city also wants people to wear shirts and shoes when walking on the boardwalk.

Mayor Ernie Troiano told the Philadelphia Inquirer that the town is striking a blow for decency and noted that officials are "tired of looking at people walking around with their butts hanging out." He didn't respond to an email from MSN Money.  

The 82-year-old investor is grooming the former farm girl and Harvard MBA for a senior role at Berkshire Hathaway when he steps down.

By Aimee Picchi Jun 12, 2013 1:10PM

Berkshire Hathaway Chairman Warren Buffett rings the opening bell at the New York Stock Exchange on September 30, 2011 (© Brendan McDermid/Newscom/Reuters)Warren Buffett is arguably the best-known and most successful investor in America. But one big question tugging at his Berkshire Hathaway (BRK.B) shareholders is what his company will look like when he steps down.


While that remains a mystery, one 28-year-old employee is emerging as a rising star and being groomed by Buffett to take on a senior role when he's no longer running the show, The Wall Street Journal reports.


That employee is Tracy Britt, who holds a Harvard MBA and shares Buffett's Midwestern roots, having grown up on a Kansas farm. She's emerging as one of his top executives and serves as chairman of four companies in his conglomerate (she's not among those pictured). 

 

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MARKET UPDATE

[BRIEFING.COM] Equities ended on their lows with the S&P 500 down 1.4%.

The S&P entered today's session with a week-to-date gain of 1.5% as investors expected reassuring words from today's Federal Open Market Committee Statement.

Stocks traded with slim losses until this afternoon's FOMC Statement and subsequent comments from Chairman Bernanke sent equities and Treasuries to their lows while also providing a significant boost to the dollar.

Today's Statement was ... More

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