by Nancy Wang | Feb 18, 2015 | Business
By Nancy Wang When Megan Smith was asked to leave her comfortable life as a high-ranking executive at Google in Silicon Valley, she jumped at the opportunity. “This is a place to do extraordinary service,” says Smith, the Chief Technology Officer of the United States,...
by Olivia Marcus | Feb 18, 2015 | Business
By Olivia Marcus WASHINGTON (MarketWatch) — When it comes to the battle over net neutrality, enemy lines seem to be linked to money. “Campaign contributions don’t tell the whole story, but they tell a lot of the story,” said Bill Allison of the campaign finance...
by Astrid Goh | Feb 18, 2015 | Business
By Astrid Goh WASHINGTON—Growth in the Turkish economy could be stunted if it fails to modernize its 20-year-old customs union with the European Union, experts said at a Brookings panel Wednesday morning. Turkey, a country of almost 76 million people, which had...
by Olivia Marcus | Feb 11, 2015 | Business, Politics
By Olivia Marcus WASHINGTON — Rep. Mike Kelly, R-Penn., turned red with anger Wednesday. “You talk about waterboarding, this is waterboarding at its worst,” he said. But Kelly wasn’t talking about torture. He wasn’t even at a...
by Tara Longardner | Feb 10, 2015 | Business, Living
WASHINGTON- Amid driver misconduct allegations against ridesharing companies such as Uber, a new think tank report shows there is no evidence that passengers are in more danger in rideshare cars than they are in taxis. Ridesharing companies like Uber and Lyft have...
by William Hicks | Feb 10, 2015 | Business, Politics
WASHINGTON- Lawmakers on Tuesday announced bipartisan legislation that would protect U.S. businesses from foreign currency manipulation. The top Democrat on the House Ways and Means Committee, Rep. Sander Levin of Michigan, said the plan has support in the House and...
by Medha Imam | Feb 10, 2015 | Business
By Medha Imam WASHINGTON – The nation’s tech workforce has expanded to a total of 6.5 million with the addition of 129,600 net new jobs in 2014, according to a report released Tuesday morning. The Computer Technology Industry...
by Bailey Williams | Feb 9, 2015 | Business, Politics
By Bailey Williams WASHINGTON—Sen. Bernie Sanders, a leading voice in raising awareness about income inequality, said Monday he is seriously considering running for president in 2016. If he gets in the race, Sanders said he would “run to win.” The Vermont...
by Adam Mintzer | Feb 3, 2015 | Business
WASHINGTON — Standard & Poor’s 500 index agreed to pay nearly $1.38 billion in a settlement related to the rating service’s involvement in the 2008 financial crisis, Attorney General Eric Holder announced Tuesday. The Justice Department in 2009 began...
by Bailey Williams | Feb 3, 2015 | Business, Politics
WASHINGTON – House Minority Leader Nancy Pelosi, D-Calif., touted President Barack Obama’s budget plan Tuesday morning, stressing the importance of research, education, infrastructure and tax reform in helping American working families. Pelosi said the budget should...
by Nancy Wang | Feb 3, 2015 | Business
WASHINGTON – President Barack Obama’s proposed $4 trillion budget for 2016 would not increase the deficit and also help pay down the $18 trillion national debt, the head of the Office of Management and Budget said Tuesday. “We have taken the action of the full six...
by Olivia Marcus | Feb 3, 2015 | Business, Politics
WASHINGTON — In the first House Ways and Means Committee hearing following the release of President Barack Obama’s 2016 budget proposal, Treasury Secretary Jack Lew defended the would-be tax increases GOP leaders are already trying to kill. “It has been almost three...
