by Sabrina Rodriguez | Feb 17, 2016 | Business
WASHINGTON — Commerce Secretary Penny Pritzker called on Cuban officials Wednesday to help create a welcoming atmosphere to aid the growth of U.S. companies opening shop on the island nation. “Without specific changes on your side, our changes will not unlock...
by Nick Hagar | Feb 15, 2016 | Business
WASHINGTON – In the digital age, direct mail marketing – the postcards and coupon sheets that have filled mailboxes for decades – seems almost quaint, outdated snail mail headed for the nearest wastebasket. But a new product called Scout hopes to...
by Sabrina Rodriguez | Feb 10, 2016 | Business
WASHINGTON – The federal government and state justice officials need to crack down on online hotel booking scams that are costing vacationers upwards of $1.3 billion a year in bogus reservations, two Florida lawmakers said Wednesday. Reps. Lois Frankel, a Democrat,...
by Mariana Alfaro | Feb 10, 2016 | Business
WASHINGTON — Having safe cities is a first step to develop a nation economically, security experts said Wednesday as the Brookings Institution and JPMorgan Chase announced a joint project that aims to help cities improve safety. The project aims to “help cities...
by Shane McKeon | Feb 10, 2016 | Business, Politics
WASHINGTON — China’s slowing economy and ailing commodity markets are the biggest threats to an otherwise healthy U.S. economy, Former Federal Reserve chairman Ben Bernanke said Wednesday. He also pushed back against a movement to “audit” the Fed. Bernanke,...
by Celena Chong | Feb 10, 2016 | Business, Politics
WASHINGTON — An agricultural coalition is urging Congress to promote free trade with Cuba by lifting the 55-year-old trade embargo by the end of this year. President Barack Obama has already lifted the ban on travel to Cuba, made licenses to export commodities...
by Tyler Kendall | Feb 9, 2016 | Business
WASHINGTON- Cary James spent four years getting a degree in mechanical engineering from Boston University. But after a few years of working in her field, she quit and became an electrician apprentice. The Obama administration Tuesday proposed a $2 billion...
by Sabrina Rodriguez | Feb 9, 2016 | Business
WASHINGTON – More than 200 federal employees from as far away as California rallied on Capitol Hill on a rainy Tuesday to demand that Congress raise wages for federal workers by 5.3 percent, well above the pay hike proposed by President Barack Obama in his 2017...
by Celena Chong | Feb 3, 2016 | Business
WASHINGTON — Colombia is at the brink of ending a decades-long battle against the FARC guerrillas, making the country a great investment for the U.S., Colombian President Juan Manuel Santos told business leaders at the U.S. Chamber of Commerce on Monday. It...
by Tyler Kendall and Celena Chong | Feb 3, 2016 | Business
Tech CEOs are much more interested in a potential presidential bid by former New York Mayor Michael Bloomberg than throwing their support behind Hillary Clinton, according to one expert who tracks the industry. Greg Ferenstein’s new e-book, “The Age of Optimists: A...
by Geordan Tilley | Feb 1, 2016 | Business
WASHINGTON — Federal Trade Commission Commissioner Terrell McSweeny said Monday that increased transparency is the best way to deal with the threat posed to consumer privacy by continued data collection. McSweeny spoke to a small audience at the Brookings...
by Nick Hagar | Feb 1, 2016 | Business
WASHINGTON — Hong Kong is the most economically free country in the world again this year, while the United States places 11th, according to a think tank report. The right-leaning Heritage Foundation publishes a yearly “Index of Economic Freedom” that scores...