The Morning Wrap

On the Clock: President Obama this week will seek to force American businesses to pay more overtime to millions of workers, The New York Times reports. The president will direct the Labor Department to revamp its regulations to require overtime pay for several million additional fast-food managers, loan officers, computer technicians and others whom many businesses currently classify as “executive or professional” employees and exempt from overtime.

Special Victory: Republican David Jolly won a closely watched special election for the U.S. House in Florida Tuesday in a race that may preview voter attitudes in 2014. The Washington Post reports that the race “illustrated the political toxicity of the law known as Obamacare.”

Star Witness: If the accounting fraud case against Dewey & LeBoeuf goes to trial, who would the star witnesses be? Prosecutors would likely turn to any of the seven people from whom Manhattan District Attorney Cyrus Vance Jr. has already obtained guilty pleas, The Am Law Daily reports.

Russia Sanctions: EU member states have agreed the wording of sanctions on Russia, including travel restrictions and asset freezes against those responsible for violating the sovereignty of Ukraine, according to a draft document seen by Reuters.

Guilty Plea: A civilian defense contractor accused of giving military secrets to a Chinese girlfriend will be entering a guilty plea, his attorney said Tuesday. Benjamin Bishop, who is a lieutenant colonel in the U.S. Army Reserve, worked in the field of cyber defense at Pacific Command from May 2011 until his arrest, the Associated Press reports.