by Astrid Goh | Jan 26, 2015 | Business, Energy, Environment
By Astrid Goh WASHINGTON – Among Latin American countries, Venezuela will take the biggest blow from the recent plunge in global crude oil prices, an energy analyst said Monday at George Washington University. About 15 people attended the event, “Crude Awakening:...
by Bailey Williams | Jan 20, 2015 | Business, State of the Union
WASHINGTON —President Barack Obama refocused his economic agenda on the idea of “middle-class economics” on Tuesday night, immediately drawing both praise and opposition from business leaders. The U.S. Chamber of Commerce, a lobbying group representing more...
by Medha Imam | Jan 20, 2015 | Business, State of the Union
WASHINGTON – You might hear President Barack Obama talk about two relatively new initiatives to improve government technology during Tuesday night’s State of the Union speech — 18F and the U.S. Digital Service. “Our mission is to really transform how the government...
by Nancy Wang | Jan 20, 2015 | Business, State of the Union
WASHINGTON—Several economic policy experts said Tuesday President Barack Obama’s proposal to tax the wealthiest Americans at a higher rate makes sense as a way to address income equality. “I think it is a very positive thing to raise the tax rate to 28 percent,” said...
by Olivia Marcus | Jan 14, 2015 | Business
By Nancy Wang and Olivia Marcus WASHINGTON — For the first time since the financial crisis of 2008, the GOP—finally in control of both houses of Congress—is poised to make serious headway with legislation aiming to deregulate Wall Street. Despite strong opposition...
by Joshua Rosenblat | Jan 14, 2015 | Business, Living, Politics
WASHINGTON — President Barack Obama announced measures to support access to faster and cheaper public Internet service during a speech in Iowa on Wednesday. But his proposals already face staunch opposition from the Federal Communications Commission and some giant...
by Astrid Goh | Jan 14, 2015 | Business, Living
By Astrid Goh WASHINGTON—Workplace harassment is a persistent problem that needs to be properly addressed and prevented by employers, said panelists at a U.S. Equal Employment Opportunity Commission meeting Wednesday. Led by EEOC Chairwoman Jenny Yang, the...
by Bailey Williams | Jan 14, 2015 | Business
WASHINGTON — The U.S. Chamber of Commerce announced its 2015 business agenda Wednesday morning, calling Republican and Democratic politicians to rally around continuing economic growth in part by approving legislation on the Keystone XL pipeline. During the annual...
by Olivia Marcus | Jan 13, 2015 | Business, Politics
WASHINGTON – Republican leaders are driving a new comprehensive tax plan, and Paul Ryan is at the wheel. After telling reporters Monday he will forgo a 2016 presidential bid to focus on policy work, Rep. Paul Ryan, R-Wis., previewed his agenda Tuesday at his...
by Nancy Wang | Jan 13, 2015 | Business, Living
WASHINGTON — The nation faces a “transportation-funding crisis” due to a lack of financial efficiency, transparency and public education, John Schroer, the head of the Tennessee Department of Transportation, said Tuesday. “Our transportation system is falling...
by Shelbie Bostedt | Jan 12, 2015 | Business, Energy, Environment
WASHINGTON — The Supreme Court will determine whether the Natural Gas Act of 1938, allowing the federal government to regulate the natural gas industry, preempts state antitrust laws regarding retail sales of natural gas in the landmark case ONEOK, Inc. v. Learjet,...
by Olivia Marcus | Jan 12, 2015 | Business
WASHINGTON – Rep. Chris Van Hollen, D-Md., on Monday unveiled his “action plan” to address income inequality, an effort backed by senior Democrats that aims to tackle uneven wealth distribution through tax reform. The centerpiece of Van Hollen’s...