by Fritz T. Burgher | Jan 15, 2013 | Business
WASHINGTON – The Commerce Department’s advance estimates for retail and food service sales released Tuesday showed better than expected growth and a steadily improving economy, with sales of $415.7 billion, an increase of 0.5 percent from November and up 4.7 percent...
by Summer Delaney | Jan 15, 2013 | Business
WASHINGTON – A new poll of 600 small business owners shows they are pessimistic about job growth this year and disappointed that the federal government hasn’t done more to cut their taxes, officials of the Job Creators Alliance said Tuesday. The alliance, a group of...
by Fritz T. Burgher | Jan 9, 2013 | Business, Politics
WASHINGTON — Leaders of the National Governors Association urged Congress on Wednesday to clear the air of uncertainty and swiftly deal with the nation’s looming fiscal issues. Delaware Gov. Jack Markell and Oklahoma Gov. Mary Fallin delivered the NGA’s first-ever...
by Shirley Li | Mar 13, 2012 | Business
WASHINGTON – After creating Cleencups, an antibacterial disposable drinking cup, full-time inventor Yvette Kendall was invited to participate in a show the Discovery Channel is developing on women inventors. When Kendall arrived on set, she was shocked to see the...
by Ben Kamisar | Mar 13, 2012 | Business
WASHINGTON — Continuing the administration’s push to challenge China’s trading tactics, President Barack Obama announced Tuesday that the United States will file a trade complaint against the world’s largest country. “Our competitors should be on...
by Mattias Gugel | Mar 13, 2012 | Business, Education
WASHINGTON — With manufacturing jobs opening up in American cities, President Barack Obama has turned to community colleges to bring new workers up to speed , despite the government’s record of inefficiency in its job retraining efforts. Obama’s latest attempt at...
by Ben Kamisar | Mar 1, 2012 | Business
WASHINGTON— President Obama’s corporate tax reform policy touting relief for the corporate and manufacturing sectors is taking a hit for failing to do just that. Critics in the business community fear the promised tax reductions for manufacturers, research and...
by Shirley Li | Feb 29, 2012 | Business, Politics
AUDIO: Democratic lawmakers rally members of the National Treasury Employees Union. (Shirley Li/Medill) WASHINGTON – Moving indoors to escape the heavy Washington rain didn’t dampen the enthusiasm of the National Treasury Employees Union Wednesday. Members...
by Rachel Morello | Feb 29, 2012 | Business, Environment, Health & Science
WASHINGTON – Former President Bill Clinton said Wednesday that the Obama administration is making great strides in creating green jobs, but environment-friendly industries are still not getting recognition. “We’re left with a time of real excitement here, that...
by Ben Kamisar | Feb 28, 2012 | Business
WASHINGTON — Testifying before a key Senate committee, Housing and Urban Development, Secretary Shaun Donovan offered qualified optimism about the state of the U.S. housing market Tuesday, but made clear that significant strides needed to be taken. “More than 13...
by Shirley Li | Feb 28, 2012 | Business
WASHINGTON – Like most students in Morocco, 18-year-old Lina El Yakhloufi wanted to work for a company – not start one. But after she attended Injaz Morocco, a program recognized by the Clinton Global Initiative that teaches high school students how to start and run...
by Mattias Gugel | Feb 22, 2012 | Business, Health & Science, Politics
WASHINGTON — The U.S. may be at the beginning of a “manufacturing job renaissance,” but industry growth will only remain a “trickle” if new policies to incubate innovation are not put in place, according to fellows at The Brookings Institution. Panelists on Wednesday...