Wednesday, June 19 2013 9:30 AM EDT2013-06-19 13:30:29 GMT
LAS VEGAS - Be careful on the roads. Police across the valley are conducting a coordinated effort Wednesday to crack down on driving violations. Police will be looking for drivers who speed, run red lightsMore>>
Be careful on the roads. Police across the valley are conducting a coordinated effort Wednesday to crack down on driving violations.More>>
Wednesday, June 19 2013 10:31 AM EDT2013-06-19 14:31:15 GMT
LAS VEGAS -- Sue Lowden, a former state senator and the former chairwoman of the Nevada Republican Party is considering a run for lieutenant governor in 2014. "I am seriously thinking about it. I willMore>>
Sue Lowden, a former state senator and the former chairwoman of the Nevada Republican Party is considering a run for lieutenant governor in 2014.More>>
The annual Food Fest returns to Laughlin this week. Chef Roy Doyle with The Vineyard at Aquarius Hotel-Casino discusses some of the cuisine featured at this year's event.More>>
Wednesday, June 19 2013 9:30 AM EDT2013-06-19 13:30:09 GMT
HENDERSON, Nev. - A garden oasis has sprouted at John C. Vanderburg Elementary School. The garden features everything from arugula to tomatoes to radishes, which some students had never of until now. "It'sMore>>
A Henderson teacher is bringing the importance of healthy food choices into her students' lives with a unique garden club. 8 News NOW is rewarding her efforts in this week's Acts of Kindness.More>>
Wednesday, June 19 2013 1:22 AM EDT2013-06-19 05:22:23 GMT
LAS VEGAS -- US Thrill Rides LLC Incorporated has submitted plans to the FAA to create a 650-foot roller coaster near the Tropicana Hotel. The Florida based company is remaining tight lipped on any ofMore>>
US Thrill Rides LLC Incorporated has submitted plans to the FAA to create a 650-foot roller coaster near the Tropicana Hotel.More>>
Tuesday, June 18 2013 10:49 PM EDT2013-06-19 02:49:28 GMT
LAS VEGAS -- Clark County Fire Department is battling a fire at a house near Russell Road and Spencer Street. According to the fire department's website, the fire started at around 4:30 p.m. Tuesday.More>>
A grass fire ignited a house in the 5400 block of Escondido Street, near Russell Road and Spencer Street, Tuesday afternoon.More>>
Tuesday, June 18 2013 9:50 PM EDT2013-06-19 01:50:28 GMT
LAS VEGAS -- A Las Vegas Metropolitan Police officer has been relieved of duty after pleading guilty to charges of possession of a controlled substance. Officer Ramin Amely was charged with two felonyMore>>
A Las Vegas Metropolitan Police officer has been relieved of duty after pleading guilty to charges of possession of a controlled substance.More>>
Tuesday, June 18 2013 8:13 PM EDT2013-06-19 00:13:36 GMT
PAHRUMP, Nev. -- A fight between senators in Washington, D.C., could resurrect the controversial Yucca Mountain nuclear storage project in Nye County. Nye County leaders met Tuesday to support the openingMore>>
A fight between senators in Washington, D.C., could resurrect the controversial Yucca Mountain nuclear storage project in Nye County.More>>
Tuesday, June 18 2013 7:14 PM EDT2013-06-18 23:14:30 GMT
LAS VEGAS -- Three major resort projects in Las Vegas could be the boost the local economy needs. The construction and hospitality industries have struggled since the recession, but signs of a reboundMore>>
Three major resort projects in Las Vegas could be the boost the local economy needs. The construction and hospitality industries have struggled since the recession, but signs of a rebound are emerging.More>>
Tuesday, June 18 2013 7:08 PM EDT2013-06-18 23:08:21 GMT
LAS VEGAS -- Clark County residents could soon be paying nearly 3 cents more a gallon for fuel, depending on a decision by county commissioners. The Nevada Legislature recently approved a bill that allowsMore>>
Clark County residents could soon be paying nearly 3 cents more a gallon for fuel, depending on a decision by county commissioners.More>>
Claim: A new advertisement endorsed by President Barack Obama that is airing on KLAS-TV Channel 8 states: "These appliances could have been made here in America but a company called Global Tech maximized profits by paying its workers next to nothing under sweatshop conditions in China. When Mitt Romney led Bain they saw Global Tech as a good investment, even knowing that the firm promoted its practice of exploiting low-wage labor to its investors. Mitt Romney, tough on China? Since when?"
Verdict: Partially true and partially misleading. The ad from Democrat Obama mines a Sept. 25 story from the Boston Globe in which it was reported that Republican presidential nominee Romney invested in Global Tech Appliances in 1998 as president and CEO of Brookside Inc. The newspaper reported that Brookside Capital Partners Fund, affiliated with Romney's private equity firm Bain Capital, reportedly acquired roughly 6 percent of Global Tech after learning that the appliance maker used inexpensive Chinese laborers who also worked long hours and lived in crowded dormitories. The newspaper attributed its information to Securities and Exchange Commission documents first uncovered by Mother Jones magazine.
The ad is misleading for at least two reasons. One is that anyone who ever invested in Nike, Apple, McDonald's or any number of other publicly traded American companies that have done business in China and elsewhere in Southeast Asia could have been accused of the same thing the ad blames Romney of doing. There has been so much publicity over the years about low wages and poor working conditions in that part of the world that it shouldn't surprise any investor when they read about American companies allegedly exploiting foreign labor. Despite this, Americans continue to invest in these companies and buy their products. Another problem with the ad is that it says the same appliances can be made in the United States but doesn't say whether those products would cost consumers about the same or be priced much higher due to higher American wages.
