Pay for U.S. workers rises at slowest rate in 33 years

Wages and benefits paid by U.S. employers this spring rose at the slowest pace since the second quarter of 1982, the Labor Department said. The employment cost index, which tracks salaries, wages and benefits, climbed 0.2% in Q2, compared with a 0.7% gain in Q1.

Preschoolers share ideas on citizenship
The Atlantic online

Preschool students participating in the Children Are Citizens program developed by Harvard's Project Zero are learning -- and teaching others -- about citizenship. Three states so far have piloted the program, including the District of Columbia, where students created an exhibit at the National Gallery of Art.

Fed, Treasury question benefits of HFT in bond market
ReutersNasdaq.comReutersReuters

Federal Reserve and Treasury Department officials are concerned about high-frequency trading in the U.S. Treasury market. "We need to consider whether the race for speed, at this already-advanced stage, helps or hurts market functioning," said Antonio Weiss, counselor to Treasury Secretary Jack Lew. Stringent bank rules are not the driving force behind a liquidity drop in the bond market, Fed Governor Jerome Powell says. The Fed plans to discuss bond-market liquidity at an October meeting in New York, Powell says.

Fresh & Easy to shutter 14 stores

Fresh & Easy has begun the process of closing 14 underperforming stores in markets including San Diego, Los Angeles, Las Vegas and Arizona, a company spokesman said Friday, which will leave leave the retailer with less than 100 stores. "While recent initiatives have helped drive additional sales across the Fresh & Easy business, in the case of these locations the progress was not enough to bring their performance in line with the rest of the business," a spokesman said.

Transport delays remain a challenge in stroke care, study says
HealthDay News

The time it took to transfer stroke patients from a hospital that was not equipped to handle their care to a major stroke center ranged from 46 to 133 minutes, which is longer than the driving time between the facilities, researchers told the Society of NeuroInterventional Surgery's annual meeting. Researchers said increased public awareness, better emergency dispatching policies and improvements in hospital stroke units have reduced the time to treatment for stroke patients, but transport delays are still common.

Apple is said to be exploring virtual-carrier network option

Apple is said to be quietly exploring its options as a mobile virtual network operator in the U.S. and Europe, which would put the company in competition with major wireless carriers as it leases space from established networks to sell phone plans and data directly to consumers.

Penney's new CEO takes over after 10 months in training
CNBC

Marvin Ellison officially took over as J.C. Penney's CEO on Saturday, after working side-by-side with outgoing chief Myron Ullman for 10 months, a system designed to ensure a smooth transition. To meet aggressive sales and earnings goals, Ellison's first challenge will be "to maintain the current momentum, and then step it up," Deutsche Bank Analyst Paul Trussell said.

"Angry Birds" sequel passes 10M downloads

"Angry Birds 2" has racked up more than 10 million downloads after a few days of availability, passing Rovio Entertainment's goal to hit 10 million downloads in a month, said Eric Seufert, one of the game-maker's executives. The free game is frustrating some players, who would rather pay $.99 and avoid in-app purchases.

Shire boosts eye disease pipeline with $300M Foresight buy

Foresight Biotherapeutics will be acquired by Shire in a deal worth $300 million. The acquisition will strengthen Shire's eye drug business, giving it access to Foresight's pink eye treatment, FST-100, which is in clinical development.

DIRECTV in hand, AT&T readies first nationwide TV, wireless bundle

AT&T is promoting a $200 monthly cellphone and TV Everywhere bundle that it plans to offer throughout the U.S. -- marking the first fruits of its merger with DIRECTV. Starting Aug. 10, the carrier will provide four phone lines with unlimited voice and texting, along with 10 gigabytes of sharable data. On the video side, AT&T will hook up four TVs with HD and DVR features and the ability to watch on any mobile device.

Savannah Harbor Expansion Project moves along

Work on the $706 million Savannah Harbor Expansion Project in Georgia continues, and dredging to a depth of 47 feet will begin soon. The Army Corps of Engineers has awarded a $99.6 million contract to CDM Smith to install an oxygen injection system to keep oxygen levels in the Savannah River steady during the area's hottest, driest months. In addition, the corps anticipates soliciting bids to construct a reservoir to protect the city's drinking water supply.

Are offices too cold for women?
Quartz

Research shows that women tend to prefer a higher room temperature than men do, which can leave the former feeling cold during the summer when air conditioning is blasting in the office. The problem is that indoor climate has been developed with a 40-year-old man in mind.

TSA opens PreCheck enrollment center in Dayton, Ohio

Travelers interested in enrolling in the Transportation Security Administration's PreCheck program can now complete the process at an application office in Dayton, Ohio. Participating travelers are allowed to leave on their shoes, light outerwear and belts during airport screening.

Hotel RL in Baltimore offers unique lifestyle-brand experience for millennials
The Baltimore Sun

RL hotels, a brand of Red Lion Hotels, works hard to provide a different kind of lifestyle-brand experience. The Hotel RL Baltimore Inner Harbor targets "the millennial guest or those who have adopted a millennial mindset," said sales and marketing director Stacie Votaw. Among the features are a complimentary coffee bar and a vintage Volkswagen minibus for lifts around town.