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UPDATE: Wright-Patt Commander to Speak on Furlough Reduction Today
WPAFB -- Col. Cassie Barlow, 88th Air Base Wing Commander, will speak at 4:30 p.m. today about the reduction in furlough days recently announced Tuesday by the Department of Defense.
Fairborn Businesses Thrilled Over Furlough Cut from 11 to 6
FAIRBORN -- Some great news for 13,000 Miami Valley families. As of Tuesday afternoon, those dreaded furlough days have been reduced to just six.
There's always pizza to be prepped at Giovanni's. This 60-year-old Fairborn favorite sees a lot of business, but lately it has been a little slower.
"Since they closed down (Route) 444, though, it's shortened some of the base attendance and since the furloughs - especially on Fridays - we've been pretty bare on anyone," said Chef Karl Henry.
Word of the furlough days cut down from 11 to six is something that is much easier for everyone to swallow.
"If in the next two weeks Fridays start filling up and getting busy again, that would be really good for us," said Henry.
"The cut is probably the best thing we've heard of this whole time. I'm very pleased to hear that," said Ellen Sanft, who's lived in the area for 30 years and works for the city of Fairborn. She has high hopes for what's to come.
"The new housing that we've put together in the city of Fairborn, the expansion of the city back to what it was in the glory days of the '80s when there was so many people at the base and real shopping downtown. Those things that are going to come to fruition, that's what we hope for. I think this is the step in the right direction."
The House of Representatives has passed a bill which essentially does away with these furloughs in 2014. That legislation is now in the Senate's hands, but they don't take it up until lawmakers get back from recess in early September.
WASHINGTON (AP) -- U.S. defense officials say they will be able to ease the pain of mandatory, unpaid furloughs that civilian employees have had to bear for a month because of budgetary pressures.
The Associated Press learned that civilians facing 11 unpaid days off will have those cut to six days.
Officials say the Pentagon found sufficient savings in the final months of the current fiscal year to lessen the burden on those who have had to take a day off a week without pay since early July.
Defense Secretary Chuck Hagel approved the final numbers this week after meeting with top leaders. Officials spoke on condition of anonymity because they were not authorized to discuss the matter publicly. The decision comes as about 650,000 civilian workers began their fifth week of furloughs.
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Asian stock markets down on China worries
MANILA, Philippines (AP) -- Asian stock markets sank today as recent falls in Chinese copper and iron prices added to jitters that the world's No. 2 economy is continuing to slow.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
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By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
"THE VOICE" FINISHES BLIND AUDITIONS
LOS ANGELES (AP) -- No more chair-spinning on "The Voice."
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IN THE NEWS: MAN PLEADS GUILTY TO ONLINE THREAT AGAINST PRESIDENT
SCRANTON, Pennsylvania (AP) -- A northeastern Pennsylvania faces sentencing in June after pleading guilty to posting an online threat to kill the president.
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