Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Jan
02

Exclusive: McConnell defends 'imperfect' fiscal cliff deal

Editor's note: This op/ed is by Senate Republican Leader Mitch McConnell, R-Ky.The first day of a new Congress always represents a fresh start. This year, it also presents a perfect opportunity to tackle the single-greatest challenge facing our nation: reining in the out-of-control federal spending that threatens to permanently alter our economy and dim the prospects and opportunities of future generations...
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Jan
01

House finally ready to vote on fiscal deal

WASHINGTON (AP) — Maneuvered into a political corner, House Republicans abandoned demands for changes in emergency legislation to prevent widespread tax increases and painful across-the-board spending cuts and cleared the way for a final, climactic New Year's night vote.The decision capped a day of intense political calculations for conservatives who control the House. They had to weigh their desire...
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Dec
31

Tentative ‘fiscal cliff’ deal reached in Senate

President Barack Obama discusses the negotiations with Capitol Hill on the looming fiscal cliff in front of middle …Racing to beat a midnight deadline, Vice President Joe Biden arrived on Capitol Hill Monday night to sell wary Democratic senators on an 11th-hour deal to avert income tax hikes on all but a sliver of the richest Americans.Grinning broadly, Biden ignored reporters questions on whether...
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Dec
30

Clinton admitted to hospital with blood clot

(REUTERS/Gary Cameron) U.S. Secretary of State Hillary Clinton delivers remarks at the State Department in Washington …Secretary of State Hillary Rodham Clinton has been admitted to a New York hospital for treatment of a blood clot, her spokesman said Sunday.State Department Spokesman Philippe Reines said Clinton had entered the hospital following a medical examination for a concussion she sustained...
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Dec
28

Obama ‘optimistic’ Senate leaders will reach fiscal cliff deal this weekend

(Reuters/Jonathan Ernst)Following talks with congressional leaders that yielded no news of  a "fiscal cliff" agreement, President Barack Obama on Friday evening pressured lawmakers to reach a deal this weekend as the public's patience wears thin."America wonders why it is that in this town for some reason they can't get stuff done in an organized timetable, why everything always has to wait for...
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Dec
27

Retired General Norman Schwarzkopf dies

WASHINGTON (AP) — Retired Gen. H. Norman Schwarzkopf, who topped an illustrious military career by commanding the U.S.-led international coalition that drove Saddam Hussein's forces out of Kuwait in 1991 but kept a low public profile in controversies over the second Gulf War against Iraq, died Thursday. He was 78.Schwarzkopf died in Tampa, Fla., where he had lived in retirement, according to a U.S....
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Dec
26

Former President George H.W. Bush in intensive care

HOUSTON (AP) — Former President George H.W. Bush has been admitted to the intensive care unit at a Houston hospital "following a series of setbacks including a persistent fever," but he is alert and talking to medical staff, his spokesman said Wednesday.Jim McGrath, Bush's spokesman in Houston, said in a brief email that Bush was admitted to the ICU at Methodist Hospital on Sunday. He said doctors...
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Dec
25

Newtown celebrates Christmas amid signs of mourning

NEWTOWN, Conn. - Newtown celebrated Christmas amid piles of snow-covered teddy bears and heaps of flowers as volunteers manned a 24-hour candlelight vigil in memory of the 20 children and six adults shot to death in the second-largest school shooting in U.S. history.Well-wishers from around the country showed up Tuesday morning to hang ornaments on memorial Christmas trees, while police officers from...
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Dec
24

Nasty weather threatens Gulf Coast for Christmas

NEW ORLEANS (AP) — Nasty weather, including a chance of strong tornadoes and howling thunderstorms, could be on the way for Christmas Day along the Gulf Coast from east Texas to north Florida.The storms held off long enough, though, to let Christmas Eve bonfires light the way for Pere Noel along the Mississippi River, officials said.Farther north, much of Oklahoma and Arkansas were under a winter...
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Dec
23

NRA chief LaPierre fires back at his critics

National Rifle Association CEO Wayne LaPierre fired back at his critics today, defending his proposal to put armed guards in every school in the country as a way to prevent future tragedies like the Sandy Hook Elementary School shooting that took the lives of 20 children and six adults."If it's crazy to call for armed officers in our schools to protect our children, then call me crazy," the head of...
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Dec
22

Obama starts Hawaiian vacation, leaving Washington on ice

KAILUA, Hawaii (Reuters) - Taking what promised to be a very brief Christmas break from the ongoing struggle to avoid the "fiscal cliff" of tax hikes and spending cuts, President Barack Obama relaxed with his family on Saturday at a beach retreat in Hawaii. Congress was to return to Washington next Thursday and Obama has pledged to work with lawmakers to strike a deal to avoid the economic...
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Dec
21

NRA move exposes deep divide on guns

WASHINGTON (Reuters) - Any chance for national unity on U.S. gun violence appeared to wane a week after the Connecticut school massacre, as the powerful NRA gun rights lobby called on Friday for armed guards in every school and gun-control advocates vehemently rejected the proposal. The solution offered by the National Rifle Association defied a push by President Barack Obama for new...
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Dec
20

Blizzards, blackouts hit Midwest

CHICAGO (Reuters) - The first major winter storm of the year hit the U.S. Midwest on Thursday, bringing a blizzard to the Plains and tornadoes to Alabama and Arkansas, and leaving some 133,000 customers without electricity. Bad driving conditions led to a 25-car pileup on a highway near Clarion, Iowa, that left three people dead, authorities said. Blizzard warnings were in effect in eastern...
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Dec
19

Funerals become routine in shattered town

NEWTOWN, Conn. (AP) — One by one by one by one, each with fresh heartbreak, hearses crisscrossed two New England towns on Wednesday, bearing three tiny victims of the Sandy Hook school massacre and a heroic teacher in a seemingly never-ending series of funeral processions."The first few days, all you heard were helicopters," said Dr. Joseph Young, an optometrist who attended one funeral and would...
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Dec
18

Rush to boost safety sparks flurry of ideas

(Reuters) - They began calling on Friday morning, even before confirmation of the death toll at Sandy Hook Elementary. Principals, district administrators, school police chiefs all asked the same pleading questions: What can we do? How do we stop this? How can we keep our children safe? Michael Dorn, phone to his ear until 2 a.m., gave them all the same advice: Slow down. Every horrific...
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Dec
17

Fate of massacre site can help healing

AURORA, Colo. (AP) — As Newtown, Conn., grieves the deadly mass shooting at Sandy Hook Elementary School, victims' families and residents will eventually have to decide what to do with the building and how to memorialize the fallen.Will they decide to demolish the school where authorities say Adam Lanza killed 20 children and six adults before killing himself? Or just the parts where he opened fire?...
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Dec
16

Obama offers 'love, prayers of nation' to Newtown

NEWTOWN, Conn. (AP) — He spoke for a nation in sorrow, but the slaughter of all those little boys and girls left President Barack Obama, like so many others, reaching for words. Alone on a spare stage after the worst single day of his presidency, the commander in chief was a parent in grief."I am very mindful that mere words cannot match the depth of your sorrow, nor can they heal your wounded hearts,"...
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Dec
15

Sandy Hook shooter a mystery to neighbors and former classmates

Police prohibited access on Saturday to the neighborhood where gunman Adam Lanza lived. (Jason Sickles/Yahoo N …[Updated at 8:10 p.m. ET]NEWTOWN, CONN. -- Even to his neighbors, the gunman who massacred 26 kids and educators at an elementary school here still remains somewhat of a mystery."I want to know more," said Len Strocchia, who lives less than half mile away from the shooter's house.Authorities...
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