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.

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 to the ranks of some 110 million now eligible for extra pay after working 40 hours, and

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