New York City Mayor Bill de Blasio signs an executive order raising the city's living wage law Tuesday. The move will require some employers to pay their employees between $11.50 and $13.13 an hour, depending on whether the employee receives benefits.
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Tom Worden works on a fixed-abrasive grinding table at Exelis Inc. in Rochester, N.Y. Exelis is an aerospace and defense company, and employs numerous former Kodak workers in its facility.
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Yahoo co-founder Jerry Yang at the 2008 Consumer Electronics Show in Las Vegas. Yahoo will gain nearly $8 billion from the Alibaba IPO because of its $1 billion investment in Alibaba 2005.