Watch the entire interview here: http://www.foxbusiness.com/on-air/cavuto/index.html#/v/1768490902001/will-unions-help-improve-airport-security/?playlist_id=87065


A&P will next week ask a bankruptcy judge to approve $1.76 million in payments to four of its top executives, part of a $6.8 million "key employee retention plan" that covers 146 non-union employees. Read more @ WSJ.
Must Watch: Watch Congressman George Miller's speech on the floor: Attack on Middle-Class American's.
Must Read: The New Yorker, Union Blues. & Richard Trumka's Op-Ed in WSJ: Scott Walker's False Choice


Walmart has yet to decide if it will send a representative to address the city council, but its director of community affairs, Steven Restivo, told Crains’s New York Business last week the company would do what it can to help inform the discussion but he did not see the need for a council hearing.AP: Fail twice, try again [Walmart & NYC].
WHY IT HAPPENED: The company, which owns A&P, Pathmark, Super Fresh and other grocery stores, has struggled for years with heavy debt and sinking sales. Its problems were compounded when the recession hit and consumers cut back spending and competition among grocery stores, discounters and other retailers intensified. The grocer is also struggling with pension costs, leases for closed stores, a troublesome contract with a key supplier and a roughly $13 million payment for interest on a debt that is due Wednesday.Progressive Grocer: A&P Files for Bankruptcy
