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Business & Finance: Line Held

In two significant decisions—both unanimous and both "antilabor" from the strictly trade-union point of view—the War Labor Board last week stuck to the line it had laid down in earlier orders. The line: 1) no raises above the famed Little Steel formula (TIME, July 27) except for substandard pay; 2) no maintenance of membership lollipops for unions whose members have violated labor's no-strike agreement with WLB (TIME, Sept. 7). The decisions:

> The 186 C.I.O. Mine, Mill & Smelter Workers in the Wilmington, Del. plant of Pyrites Co. Inc. (iron pyrites for...

Quotes of the Day »

President BARACK OBAMA, at NATO talks involving over 50 world leaders, describing the withdrawal of 130,000 combat troops from Afghanistan, planned for the end of 2014
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