Business

4:09pm

Fri March 2, 2012
Economy

GM Puts Volt Into 'Neutral' To Let Sales Catch Up

Workers assemble a Chevrolet Volt at GM's Detroit Hamtramck Assembly Plant in October. The auto maker says it will idle the plant for five weeks, to allow demand to catch up with inventory.
Bill Pugliano Getty Images

General Motors will suspend production of its Chevrolet Volt electric car for five weeks amid disappointing sales.

A GM spokesman said Friday that the company will shut down production of the Volt from March 19 until April 23, idling 1,300 workers at the Detroit-Hamtramck assembly plant.

"We're taking a temporary shutdown," said GM spokesman Chris Lee. "We're doing it to maintain our proper inventory levels as we align production with demand."

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3:00pm

Fri March 2, 2012
The Two-Way

Mine Safety Officials Ditched Safety Citation Fearing Congressional Scrutiny

Originally published on Fri March 2, 2012 5:25 pm

NPR has obtained a report from the Inspector General of the Labor Department that describes an incident last year in which the nation's coal mine safety chief and agency lawyers withdrew a legitimate safety citation and order "not based upon the merits" but "to avoid the appearance of retaliation and possible Congressional scrutiny."

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2:35pm

Fri March 2, 2012
Around the Nation

Tourism Boom Pays Off For N.Y. Hotel Union

Originally published on Fri March 2, 2012 4:01 pm

New York hotel workers protest at a hearing for former International Monetary Fund chief Dominique Strauss-Kahn in June 2011. Under a new contract, workers will receive "panic buttons" to use if they fear for their safety. They also won several other significant benefits.
Nicholas Kamm AFP/Getty Images

When the New York Hotel Trades Council ratified a new contract for hotel workers last month, much of the media coverage focused on "panic buttons." Coming after the sexual assault allegations against former International Monetary Fund chief Dominique Strauss-Kahn, the idea of housekeepers wearing a badge that could call for help was all over the news.

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10:27am

Fri March 2, 2012
The Two-Way

Yelp Surprises Investors, As It Soars In Wall Street Debut

Originally published on Fri March 2, 2012 2:21 pm

Jeremy Stoppelman, second from right, Yelp co-founder and CEO, gets a high-five during opening bell ceremonies of the New York Stock Exchange on Friday.
Richard Drew AP

Yelp surprised analysts today during its first hours of trading as a public company.

As the Seattle PI puts it, the user-review company's shares soared by as much as 60 percent in early trading. The stock opened at $22.01 a share and has hit a high of $25.10.

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8:25am

Fri March 2, 2012
The Two-Way

California Woman Awarded $168 Million In Workplace Harassment Case

Originally published on Fri March 2, 2012 12:32 pm

The scales of justice tipped toward the plaintiff in this case.
Christophe Ena AP

A California woman's nearly $168 million award from a jury is "believed to be the largest for a single victim of workplace harassment in U.S. history," the Los Angeles Times reports.

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