Tag Archives: federal

GE Sells Appliance Unit to Chinese Firm, Haier

$5.4 Billion Sale Follows Failed Deal With Electrolux General Electric has announced the sale of its appliance division to the Chinese firm, Haier for 5.4 billion dollars. The sale includes GE's 48% share of Mabe, a Mexican based appliance firm. … Continue reading

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U.S. Sues to Stop Electrolux – GE Appliance Merger

FEDS Sue to Stop Electrolux Deal with GE Appliances In a shocking move, the U.S. Department of Justice filed a lawsuit yesterday seeking to prevent the 3.3 billion dollar sale of the GE Appliance business to Electrolux. According to Chris … Continue reading

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What Happens with a Minimum Wage Increase?

Is it time to raise the minimum wage? Federal workers are getting an increase in the minimum wage from the 2009 minimum of $7.25/hr up to the new minimum wage for Federal employees of $10.10/hr. Is a national increase in … Continue reading

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