Economy

Econ 101: April 29, 2013

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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.

  • Small banks and credit unions, normally foes, are teaming up to support legislation that would rein in “too big to fail” banks. [The Hill]
  • President Obama will nominate Charlotte mayor Anthony Foxx as his next transportation secretary. [New York Times]
  • The owner of the Bangladeshi plant that collapsed and killed more than 300 workers was arrested by law enforcement authorities Sunday. [Associated Press]
  • U.S. Steel locked out 978 of its workers at a Canadian steel plant, according to union officials. [Wall Street Journal]
  • Greece passed a reform law that will allow it to tap more emergency loans from the European Union and International Monetary Fund. [Reuters]
  • Boeing’s troubled 787 Dreamliner returned to commercial service in Ethiopia this weekend. [Wall Street Journal]