WASHINGTON: ‘ Clinton calls for mandatory 7-days paid sick leave & three months of paid family leave for new parents ‘

#AceFinanceNews – Sept.13: Hillary Clinton expanded on her call for paid leave on Thursday, proposing a mandatory seven days of paid sick leave and three months of paid family leave for new parents.

Speaking at a rally in Columbus, Ohio, Clinton promised to be a ‘strong advocate for families.’ While she had previously backed the policies, Clinton laid out those specifics for the first time this week. Americans currently can take up to 12 weeks off of unpaid leave each year to take care of family or new children, but there’s no requirement for paid leave.

The U.S. is the only major economy that doesn’t require paid leave for new mothers." http://bit.ly/1EQUxDm

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WASHINGTON: ‘ Biden signals support for $15 min wage – via Jesse Byrnes ‘

#AceFinanceNewsSept.13: Vice President Biden on Thursday praised New York Gov. Andrew Cumo’s push for a statewide $15 minimum wage, calling for a “decent, living wage.”

He said Cuomo’s call for phasing in a statewide $15 minimum wage for all industries by 2021 was a “smart, reasonable plan.”

— WHY IT MATTERS, via Byrnes: The vice president was road-testing his economic message in the backyard of Hillary Clinton, a former New York senator and secretary of State who he is considering challenging in 2016.

Clinton, who has backed the idea of a higher minimum wage on the campaign trail, hinted earlier this summer that she supported legislation raising the federal minimum wage to $12. She supported raising the New York minimum wage for fast-food workers to $15 earlier this summer. http://bit.ly/1EZA9Qk

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ZURICH: ‘ Credit Suisse plans to sell U.S. private bank ‘

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#AceFinanceReport – Sept.13: Credit Suisse Group intends to sell its U.S. private bank and slash its prime brokerage business under a strategy being developed by new Chief Executive Tidjane Thiam, Swiss newspaper Schweiz am Sonntag reported on Sunday (Reuters) reported.
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Original Article: http://feeds.reuters.com/~r/reuters/businessNews/~3/D33ZS8evm6I/story01.htm

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