Michigan Avenue Black Friday protests cost stores 25-50 percent of sales – Chicago Tribune

Activists who blocked the entrances to stores on North Michigan Avenue on Black Friday to protest the fatal shooting of a black teenager by a white Chicago cop may have split opinions with their tactics. But their goal of forcing retailers to suffer economic pain on what’s historically the busiest shopping day of the year was a success, according to unhappy store staff and managers who said Monday that Black Friday sales on the Magnificent Mile were 25 percent to 50 percent below projections.

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Obama’s New Public Pension Option – Wall Street Journal

Some two dozen states, led by such progressive bastions as California, Illinois and Oregon, have enacted or are considering legislation that would create public options for private workers who don’t have access to employer-sponsored retirement plans. The White House is now waiving federal law to enable states to create new taxpayer-guaranteed retirement benefits. Last week the Labor Department issued guidelines that clear the regulatory thicket for states to establish government retirement plans for workers in the private economy.

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