Econ 101: April 24, 2013

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • The Federal Aviation Administration says 1,200 flights have been delayed due to sequestration. [New York Times]
  • The White House is open to legislation that would halt FAA furloughs that have caused the delays. [Reuters]
  • Hundreds of Chicago workers at fast-food restaurants and other employers will strike today for better wages. [Bloomberg]
  • Montana Sen. Max Baucus (D), chairman of the Senate Finance Committee, will not seek re-election in 2014. [Wall Street Journal]
  • Baucus’ retirement could speed efforts to draft corporate tax reform, one of his major legislative priorities. [Reuters]
  • The owner of the West, Texas fertilizer plant that exploded is being sued for negligence. [Huffington Post]
  • Federal regulators will soon warn banks against issuing predatory pay-day loans. [New York Times]