State schools, profs will talkPHILADELPHIA — Negotiations between Pennsylvania’s 14 state universities, including Slippery Rock, and the union representing faculty members are due to resume this month.Negotiating sessions are scheduled for Friday and for June 24.Faculty at the Pennsylvania State System of Higher Education universities have been working without a new contract since the last agreement expired in June of last year.Union president Ken Mash said if no progress is made over the summer, the union could seek a strike authorization vote in August or September.

CEO takes pay cut as targets missedLONDON — Burberry CEO Christopher Bailey has taken a 75 percent pay cut after the luxury retailer failed to hit profit targets amid a challenging global environment and a slowdown in the Chinese economy.The company’s annual report released Monday said that Bailey will be paid 1.9 million pounds ($2.75 million), down from 7.5 million the previous year. He and other top executive directors received no bonuses as adjusted profit before tax “was below the threshold target set by the Remuneration Committee.”

U.S. pushes China to cut steel flowBEIJING — U.S. envoys pressed China on Monday to cut excess steel production that is flooding global markets and to reach a diplomatic settlement to territorial disputes in the South China Sea, as the two sides opened a high-level dialogue.The annual meeting of Cabinet-level foreign affairs, trade and other officials from both sides is meant to head off conflict. Officials acknowledged differences on an array of issues but repeatedly stressed their interest in amicable cooperation, and pledged to work together to see the Paris agreement on curbing emissions of climate-changing gases ratified by the world’s governments.