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Federal employees rally on Capitol Hill, demand higher wages

Federal employees rally on Capitol Hill, demand higher wages

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...
Colombian President asks for U.S. investments in guerrilla war

Colombian President asks for U.S. investments in guerrilla war

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...

Silicon Valley waiting for Bloomberg’s bid, reluctantly supporting Clinton

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...
FTC commissioner talks intersection of consumer protection and competition

FTC commissioner talks intersection of consumer protection and competition

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...
Hong Kong most economically free, U.S. 11th, report says

Hong Kong most economically free, U.S. 11th, report says

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...

Not Just for Boys: ‘CodeGirl’ Documentary Promotes Girls in Technology

by Tyler Kendall | Jan 28, 2016 | Business

WASHINGTON – A new documentary proclaims that mobile app development isn’t just for boys anymore. CodeGirl shows that from young women in Nigeria solving waste disposal problems to high school students in Massachusetts promoting positive campus environments,...
Company trade secrets could be better protected under Senate Judiciary committee bill

Company trade secrets could be better protected under Senate Judiciary committee bill

by Mariana Alfaro | Jan 28, 2016 | Business

WASHINGTON — Companies’ trade secrets, which are vital to their growth, would be better protected from industrial spies under a bill creating federal standards to prosecute violators while still maintaining the integrity of the information. The Defend Trade...
Experts support renewing federal research funds for small business

Experts support renewing federal research funds for small business

by Nick Hagar | Jan 28, 2016 | Business

WASHINGTON — Federal research and development programs that aid innovative small businesses such as iRobot, should be renewed, experts said at a Senate committee hearing Thursday. The two r&d programs – nicknamed “America’s seed fund” – support small...

‘Big Short’ cleverly explains housing crash, but may let bankers off too easy, experts say

by Nick Hagar | Jan 28, 2016 | Business

WASHINGTON – A new hit movie about the housing market collapse and 2008 financial crash explained complicated economic issues through humor, but The Big Short may have portrayed bankers as more aware of the impending disaster than they were, some financial experts...

Fed puts rates into a January freeze, watches shaky global development

by Celena Chong | Jan 27, 2016 | Business

WASHINGTON — The Federal Reserve voted unanimously to leave the benchmark interest and discount rates untouched at 0.5 percent, but expects to keep raising rates gradually throughout the rest of 2016, the Fed announced Wednesday. The central bank froze the rate...
United States ranks 10th in global innovation, China near the bottom, report finds

United States ranks 10th in global innovation, China near the bottom, report finds

by Jasper Scherer | Jan 20, 2016 | Business, Health & Science, Politics

WASHINGTON — The United States is the 10th largest contributor to global innovation, 34 spots ahead of China, according to a report released Wednesday, while Finland and Sweden – countries whose spending on new technology and ideas is much less than America’s...
Experts predict end to domestic oil production surge

Experts predict end to domestic oil production surge

by Nick Hagar | Jan 19, 2016 | Business, Energy, Topics

WASHINGTON — U.S. oil production is likely to fall this year in part due to price volatility, a top government energy official told a Senate committee on Tuesday. Testifying before the Senate Energy and Natural Resources Committee, Adam Sieminski, administrator at the...
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