American Federation Of Teachers News
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Some leaders of U.S. labor unions, who decry the widening differences between the salaries of corporate chief executive officers and their workers, earn compensation that also places them in the top 1 percent.
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A crisis in the U.S. public education system poses a “very grave national security threat,” requiring an overhaul to offer families more choices, business, education and political leaders said in a report.
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Bridgewater Associates LP, the hedge fund run by Ray Dalio, agreed to sell a $250 million equity stake to Texas Teacher Retirement System as the firm diversifies ownership from its founder.
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U.S. public-school teachers are facing the biggest challenge to their job security in more than half a century as politicians target seniority rules that make the last hired the first fired when jobs are cut.
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Microsoft Corp . Chairman Bill Gates urged top U.S. public-school officials to overhaul teacher pay, saying taxpayers are spending $59 billion a year on compensation plans that don’t improve student achievement.
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A Democratic political group aimed at helping elect members of the House raised $1.1 million since July, almost solely from unions, according to government filings.
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Gina Raimondo was running a Rhode Island venture-capital firm in Providence when the mother of two read with alarm that a growing fiscal crisis might force cutbacks in library hours and bus service in 2009.
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New York is considering using public-employee and trade-union pension funds as well as private-equity firms to finance infrastructure, including a new Tappan Zee bridge, Governor Andrew Cuomo said.
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Democrats and allied groups including Emily’s List are framing Republican moves to cut federal spending as a war on women, an effort aimed at influencing the 2012 elections.
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Congress’s inability to craft bipartisan steps to reduce the nation’s deficit paves the way for billions of dollars in automatic cuts to state aid while preserving tax breaks for municipal bonds.
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