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KTRS News

AFL-CIO hires lobbyist to fight Right to Work measures

Friday, 31 January 2014 10:47 Published in Local News
JEFFERSON CITY, Mo. (AP) - One of Missouri's largest labor organizations has hired a former Republican House Speaker as a lobbyist.
The Missouri AFL-CIO hired Steve Tilley this week as the labor organization prepares to combat "right to work" measures this year. The legislation would prohibit labor contracts from requiring that all employees pay union fees.
Tilley was first elected to the House in 2004 and became Speaker in 2011. While in that office he shied away from "right to work" and said it was not part of his agenda.
He left the House in 2012 to become a lobbyist when term limits barred him from seeking re-election.
"Right to work" is a top priority this year of House Speaker Tim Jones, Tilley's successor. Jones says Missouri needs the policy to compete for jobs.
   
 

Small quake rattles New Madrid

Friday, 31 January 2014 10:42 Published in Local News
CAPE GIRARDEAU, Mo. (AP) - A micro earthquake has rattled parts of New Madrid County in southeast Missouri.
KFVS-TV reports that an earthquake with a magnitude of 2.5 happened just after 6 a.m. Friday.
The quake was measured by the Cooperative New Madrid Seismic Network and was located about seven miles southwest of New Madrid and nine miles from Portageville.

US STOCKS SLIDE EARLY ON EARNINGS, OVERSEAS WOES

Friday, 31 January 2014 10:40 Published in National News

NEW YORK (AP) -- The U.S. stock market is opening sharply lower as investors fret over disappointing earnings and more trouble in overseas markets.

The Dow Jones industrial average dropped 226 points, or 1.4 percent, to 15,625 moments after the market opened Friday. The Standard & Poor's 500 index lost 22 points, or 1.2 percent, to 1,772. The Nasdaq dropped 43 points, or 1.1 percent, to 4,079.

Disappointing results and outlooks from retailers left investors uneasy. Amazon fell 8 percent after it reported earnings that fell short of expectations. Wal-Mart cut its outlook.

Currencies for several countries fell against the dollar as turmoil in emerging markets flared up once again.

It's been a tough January for investors. The Dow is down 5 percent, while the S&P 500 index has lost 4 percent.

© 2014 THE ASSOCIATED PRESS. ALL RIGHTS RESERVED. THIS MATERIAL MAY NOT BE PUBLISHED, BROADCAST, REWRITTEN OR REDISTRIBUTED. Learn more about our PRIVACY POLICY andTERMS OF USE.

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