INDUSTRY ENDORSES LABOR DEPARTMENT'S OVERTIME RULE

WASHINGTON -- Food retailers hailed the Labor Department's final, revised overtime regulations while organized labor denounced them even though the agency appears to have scaled back its plan amid a heated election-year debate over jobs.Labor Secretary Elaine Chao said at a news conference last week the new regulations, which will take effect in just over three months, will add 1.3 million workers

WASHINGTON -- Food retailers hailed the Labor Department's final, revised overtime regulations while organized labor denounced them even though the agency appears to have scaled back its plan amid a heated election-year debate over jobs.

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