Workers' pay raises won't be much in '08

08/13/2007

NEWS

U.S., N. Korea nuke envoys to meet
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U.S. and North Korean envoys were meeting in Beijing on Monday ahead of
six-
nation talks aimed at ending Pyongyang's nuclear programs.

Gunman kills pastor, 2 others at Mo. church
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A gunman opened fire in the sanctuary of a southwest Missouri church
Sunday,
killing three people and wounding several others, a city spokeswoman
said.

Rove to resign from White House
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Karl Rove, President Bush's close friend and chief political strategist,
plans to leave the White House at the end of August, joining a
lengthening line of
senior officials heading for the exits in the final 1 1/2 years of the
administration.

MONEY

Chinese maker of recalled toys kills self
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The head of a Chinese toy manufacturing company at the center of a huge
U.S. recall has committed suicide, a state-run newspaper said Monday.

Qwest picks former Williams-Sonoma chief as new CEO
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Qwest said late Sunday it has named former Williams-Sonoma CEO Edward
Mueller
to succeed retiring Chairman and CEO Richard Notebaert.

Workers' pay raises won't be much in '08
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Workers hoping for big raises next year are in for disappointment.
Employers will be holding the line on pay increases, following a trend
of reining in
compensation costs to stay competitive.