Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Jan
03

Exclusive: McConnell defends 'imperfect' fiscal cliff deal

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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

Senate clears fiscal cliff measure

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WASHINGTON (AP) — The Senate has passed legislation to block the impact of across-the-board tax increases and spending cuts that make up the fiscal cliff.The vote was an overwhelming 89-8 and came well after midnight on New Year's Day.A House vote is expected before Wednesday.The White House-backed legislation would prevent middle-class taxes from rising, and raise rates on incomes over $400,000 for...
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Dec
31

Clinton admitted to hospital with blood clot

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(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
30

Last-minute fiscal cliff talks in Senate

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WASHINGTON (AP) — Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn of the new year as President Barack Obama warned that failure could mean a "self-inflicted wound to the economy."Obama chastised lawmakers in his weekly radio and Internet address for waiting until the last minute to try and avoid a "fiscal...
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Dec
29

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

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(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

Powerful winter storm pounds Northeast

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A powerful winter storm system that pounded the nation's midsection, wrecking holiday travel plans and dumping a record snowfall in Arkansas, began lashing the Northeast on Wednesday with high winds, snow and sleet.The storm, which knocked out power to thousands of utility customersm mainly in Arkansas, was blamed in at least six deaths.Hundreds of flights were canceled or delayed, scores of motorists...
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Dec
26

Christmas Day storms blamed for 3 deaths

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MOBILE, Ala. (AP) -- Twisters hopscotched across the Deep South, and, along with brutal, straight-line winds, knocked down countless trees, blew the roofs off homes and left many Christmas celebrations in the dark. Holiday travelers in the nation's much colder midsection battled treacherous driving conditions from freezing rain and blizzard conditions from the same fast-moving storms. ...
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Dec
24

NRA chief LaPierre fires back at his critics

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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

NRA move exposes deep divide on guns

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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
21

Boehner suffers major 'fiscal cliff' setback

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House Speaker Rep. John Boehner, R-Ohio, speaks to the media about the fiscal cliff at the U.S. Capitol in Washington. …In a stinging setback for Republican House Speaker John Boehner, a lack of support from inside his own party for his “fiscal cliff” fall-back plan forced him late Thursday to cancel a much-trumpeted vote on the measure.“The House did not take up the tax measure today because...
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Dec
20

Funerals become routine in shattered town

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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
19

Rush to boost safety sparks flurry of ideas

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(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
18

Newtown students to return to classes in wake of school massacre

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NEWTOWN, Connecticut (Reuters) - The schools of Newtown, which stood empty in the wake of a shooting rampage that took 26 of their own, will again ring with the sounds of students and teachers on Tuesday as the bucolic Connecticut town struggles to return to normal. But among the normal sounds of a school day - teachers reading to children, the scratch of pencil on paper - students will...
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Dec
17

Obama: ‘We can’t tolerate this anymore’

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President Barack Obama assured the grieving, shell-shocked Newtown community on Sunday that "you are not alone" and vowed sternly to wield "whatever power this office holds" in a quest to prevent future mass shootings."We can't tolerate this anymore," Obama said from behind a podium on the stage of a Newton High School auditorium, as adults wept, or hugged, or sat quietly, many hugging small children....
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Dec
16

'Always smiling': Portraits of Connecticut victims

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Most died at the very start of their young lives, tiny victims taken in a way not fit for anyone regardless of age. Others found their life's work in sheltering little ones, teaching them, caring for them, treating them as their own. After the gunfire ended Friday at Sandy Hook Elementary School, the trail of loss was more than many could bear: 20 children and six adults at the school, the gunman's...
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Dec
15

Routine morning, then shots and unthinkable terror

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NEWTOWN, Conn. (AP) — First, he killed his mother.Nancy Lanza's body was found later at their home on Yogananda Street in Newtown — after the carnage at Sandy Hook Elementary School; after a quiet New England town was scarred forever by unthinkable tragedy; after a nation seemingly inured to violence found itself stunned by the slaughter of innocents.Nobody knows why 20-year-old Adam Lanza shot his...
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