Word: laboring
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...supply. The Saudi's have spoken out for keeping it unchanged and because of the size of their output they usually rule the day. Speculators still seem prepared to trade crude above $60 on most days. A fair number of analysts see oil moving to $70 or $75 by Labor Day. The cost of a barrel of crude will move up if there is strong evidence that the demand in China is growing. Ironically if there are signs of a sharply improving economic picture in the U.S., oil could move up more than most traders expect. (See pictures...
...argued," says Donald Fehr, the head lawyer for the players' union. "She was in control of her courtroom." Sotomayor issued an injunction against the owners that ordered them to restore free agency and arbitration. With the injunction in place, the players agreed to return to work while a new labor agreement was hammered...
...Organization for Women] right now." However, the legal community for the most part still has high praise for her judgment. "It was the correct ruling," says Rick Karcher, sports law professor at the Florida Coastal School of Law. "She assured that fair collective bargaining would take place under the labor laws." A few days later, a three-judge panel from the Second Circuit Court of Appeals upheld Sotomayor's injunction, and baseball played a 144-game season in 1995. (Read "Judge Sonia Sotomayor Headed for Easy Supreme Court Nomination...
...apply in Dubai, the most populous of the seven states that comprise the United Arab Emirates. Abu Dhabi, the seat of political power in the UAE, controls most of the country's oil resources. With less oil to tap, Dubai has used low taxes, easy money and cheap Asian labor to transform itself into one of the region's most dynamic economies. The city state developed a kind of signature swagger, expressed most gaudily in the gargantuan real estate projects - an indoor ski slope, man-made islands shaped like palm fronds, the world's tallest building - that have turned...
...sacred cows that voted Democratic last November are mooing more happily than ever. Big Labor is making no sacrifices. Nuclear power plants spew no CO2 into the air and consume no foreign oil, yet a serious effort to build new ones is missing from the Obama energy plan because it offends the environmental left. Health-care reform will be massively expensive, yet the trial lawyers' lobby is not being asked to endure the cost savings that tort reform would bring to health insurance. The teachers' unions are unscathed as billions in new spending is poured into public education. Costly...