Business Notebook

07/25/2014 11:26 PM

07/25/2014 11:27 PM

Local & State

Midlands

Fort hosting military career fair

Fort Jackson will host a military career fair from 9 a.m. to noon Aug. 5 at the Solomon Center on Fort Jackson. More than 60 employers and colleges will participate in the event, which is open to all military personnel, military spouses, veterans and Department of Defense civilian employees.

Those attending the event should dress in business or professional clothing and bring along multiple copies of their resume. No copier will be available.

The career fair is sponsored by Army Community Services Employment Readiness Program and Soldier for Life: Transition Assistance Program – formerly the Army Career and Alumni Program.

Job fairs are held at the fort about twice a year through the assistance program or through the U.S. Chamber of Commerce’s Hiring Our Heroes program. Hiring veterans is becoming more of a priority as the U.S. military dramatically shrinks after 13 years of war.

For more information call (803) 751-5452.

Nation & World

Ex-BofA official won’t do prison time

A former Bank of America trading desk manager will not serve prison time for his role in a scheme to falsify municipal bond records, a federal judge ruled Friday.

Brian Scott Zwerner, who once managed the Charlotte-based bank’s municipal derivatives trading desk, was sentenced to three years of probation and ordered to pay a $10,000 fine by U.S. District Judge Victor Marrero in New York.

Zwerner had faced a maximum penalty of five years in prison and a $250,000 fine for falsifying bank records, the U.S. Department of Justice said at the time of his guilty plea in 2011. The sweeping federal investigation has resulted in convictions or guilty pleas from at least 17 others involved in the scheme, according to the Justice Department.

Bank of America spokesman Bill Halldin declined to comment Friday.

Congress OKs bill to ‘unlock’ cellphones

Congress passed a bill Friday that makes it legal to “unlock” cellphones so the devices can – at least in some instances – be used on other carriers.

The law, which President Obama said he looks forward to signing, undoes a move by the Librarian of Congress in 2012. That made it a copyright violation to unlock a phone without the carrier’s permission.

The law passed Friday by the House of Representatives makes it legal to unlock phones for personal use, at least until the Librarian’s next round of rulemaking, next year. The measure was passed earlier by the Senate.

Unlocking typically involves entering codes on the phone. In more difficult cases, the phone needs to be hooked up to a computer to have new software installed. Carriers have, in some instances, sued people who made a business out of unlocking phones and reselling them, but individuals unlocking for personal use have never been pursued.

Fast food workers to intensify higher-wages push

Fast food workers say they’re prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.

About 1,300 workers were expected to attend sessions Friday and Saturday at an expo center in Villa Park, Ill., where they were to be asked to do “whatever it takes” to win $15-an-hour wages and a union, said Kendall Fells, organizing director of the national effort and a representative of the Service Employees International Union.

The union has been providing financial and organizational support to the fast-food protests that began in late 2012 in New York City and have included daylong strikes and a protest outside this year’s McDonald’s Corp. shareholder meeting that resulted in more than 130 arrests.

A McDonald’s spokeswoman did not return a message seeking comment.

Jeff Wilkinson, The Charlotte Observer and The Associated Press contributed.

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