Business

Hobby Lobby Plans To Defy Health Care Mandate

The federal health care law requires employee insurance plans to cover emergency contraceptives. That's something the owners of the craft store chain Hobby Lobby say they can't do. An attorney for the stores said the Christian owners consider the emergency contraceptives tantamount to abortion. Starting Tuesday, the company could be fined as much $1.3 million a day for defying the mandate.

Major Port Strike Averted — For Now

A threatened strike by the International Longshoremen's Association at 14 ports along the East and Gulf Coasts has been called off. Federal negotiators say the union has reached an agreement with the United States Maritime Alliance and will extend contract talks.