President Barack Obama’s proposal to increase the U.S. minimum wage by 24 percent faces long odds in Congress, where Republicans took aim at it minutes after the State of the Union address. That might not matter: beyond Capitol Hill, some states took action long ago.
House bill establishing national policy would exempt companies from tougher state, local rules.
Administration eyes the estimated $2.6T in offshore money.
Insurer disclosed in filing that it failed to pay monthly pension benefits to some retirees.
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