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AP California

Los Angeles schools shut down as staff strike for better pay

By CHRISTOPHER WEBER Associated Press LOS ANGELES (AP) — Thousands of service workers backed by teachers began a three-day strike against the Los Angeles Unified School District on Tuesday, shutting down education for a half-million students in the nation’s second-largest school system. Local 99 of the Service Employees International Union, which represents about 30,000 teachers’

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Yellen says bank situation stabilizing, different from 2008

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements “could be warranted” if any new failures at smaller institutions jeopardize financial stability. Yellen, who made her remarks at the American Bankers Association, said

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