Greece's two largest unions held a general strike and anti-austerity demonstrations on Tuesday. Now, the country's parliament will debate and vote on deep civil service cuts. Greece must downsize the public sector in order for it to keep getting international bailout loans.
Wal-Mart's long-standing plans to come to Washington, D.C., are now up in the air. The City Council passed a living wage law that would require the world's largest retailer to pay $12.50 an hour, more than the city's current $8.25 minimum wage.
To learn more about these living wage bills throughout the country, we're joined by David Neumark. For years, he studied the effects of living wage laws, and he directs the Center for Economics and Public Policy at the University of California at Irvine. Welcome to the program.
DAVID NEUMARK: Thanks for having me.
CORNISH: So, first, some context. How does the living wage differ from what we're all more familiar with, the minimum wage?
The Chesapeake Bay once supplied half the world's oyster market. But pollution, disease and over-harvesting have nearly wiped out the population. It's a dire situation that's united former adversaries to revive the oyster ecosystem and industry.
Scientists and watermen have joined forces to plant underwater farms in the bay with a special oyster bred in a lab. Called triploid oysters, they have been selected for attributes like disease tolerance and fast growth.