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Ralphs, Food 4 Less to close 25% of Long Beach stores over extra $4 per hour 'Hero Pay' ordinance By Mary Stringini Ralphs, Food 4 Less to close Long Beach stores over extra $4 per hour ‘Hero Pay’ ordinance LONG BEACH, Calif. - Ralphs and Food 4 Less, both owned by the parent company Kroger, announced Monday that they will be closing 25% of their stores in Long Beach after the city council passed an ordinance requiring companies with over 300 employees nationwide to pay employees an extra $4 per hour. "As a result of the City of Long Beach’s decision to pass an ordinance mandating Ex...

They go out and try to earn a living. often they do that in the shadow economy, a place where employers may offer them less than the minimum wage or make them work overtime without extra pay. and when that happens, it's not just bad for them it's bad for the entire economy because all the businesses that are trying to do the right thing that are hiring people legally, paying a decent wage, following the rules, they're the ones who suffer. they have to compete against companies that are breaking the rules. and the wages and working conditions of american workers are threatened, too. so if we're...

>>stuart: bosses, you may want to listen to this before sending the late night e-mail, more and more workers are suing for overtime without extra pay. that type of lawsuit leading 50 percent since 2008 when the recession began. a case making its way to the supreme court today. the defense attorney says overworked employees have every right to sue but charles payne disagrees. we have a rotten economy. we are losing jobs overseas. we are racking up massive debt with slow growth. what is wrong with asking employees to work a little harder and if necessary on the blackberry and you are net paid. w...

Across the united states. on the plus side, though, 71,000 private sector jobs were added. that isn't enough, though to keep up with population growth. investors want to see more of this. one of the other things we are seeing that's a trend is that people are working longer hours for the same amount of pay. there are also plenty of americans out that are expected to take furloughs, take a day off, without extra pay or without -- getting docked for that pay, obviously. but many traders were expecting the jobs number to miss estimates. that could temper selling as it is already factored in today...