by Shirley Li | Jan 31, 2012 | Business, National Security
WASHINGTON – The flames of controversy that burst over President Barack Obama’s recess appointment of Richard Cordray as Director of the new Consumer Financial Protection Bureau are still smoldering. Four Republican members of the Senate Banking, Housing and Urban...
by Jaclyn Skurie | Jan 31, 2012 | Business, Environment, Politics
WASHINGTON — Political and economic turbulence in oil-producing nations may threaten a “great revival” in future U.S. energy production, according to a Senate hearing Tuesday. The Senate Energy and Natural Resources Committee reviewed energy supplies, global market...
by Ben Kamisar | Jan 31, 2012 | Business
WASHINGTON — Auto industry officials Tuesday urged the federal government to challenge China’s “rampant use of unchecked subsidies,” as three new reports suggest that Chinese violations of international trade agreements could spell trouble for the American automobile...
by Patrick Svitek | Jan 31, 2012 | Business, Politics
WASHINGTON — Sen. Joe Lieberman on Tuesday warned “irrelevant amendments” could erode bipartisan support for a bill outlawing what has been termed “congressional insider trading.” At a media briefing with Republican Sen. Scott Brown of Massachusetts and Democratic...
by Ed Demaria | Jan 31, 2012 | Business, Health & Science, Politics
WASHINGTON — Netflix supports an update to the Video Privacy Protection Act that would allow consumers’ ongoing consent for posting information, allowing video service providers to use social media better, Netflix’s attorney told a Senate subcommittee Tuesday. The...
by Safiya Merchant | Jan 25, 2012 | Business, Politics
By Safiya Merchant WASHINGTON–Hours after President Barack Obama urged Congress to create more employment opportunities for veterans, Secretary of Veterans Affairs Eric K. Shinseki stressed the importance of taking care of the nation’s veterans...
by Shirley Li | Jan 24, 2012 | Business
WASHINGTON – Secretary of State Hillary Clinton said Tuesday women already play a key part in strengthening the global economy – and expanding that role is not only the right thing to do but also good for business. “If women participate fully even in our own country,...
by Mattias Gugel | Jan 24, 2012 | Business, Politics
WASHINGTON — Former White House speechwriters reminisced Tuesday about their experiences in crafting State of the Union addresses and offered unsolicited advice to President Barack Obama as he speaks to a joint session of Congress in the last such address of his first...
by Ben Kamisar | Jan 18, 2012 | Business
WASHINGTON— Republicans and Democrats on the House Financial Services Committee sparred Wednesday over the effects of a key component of the Wall Street reform act that sets strict limits on commercial banks’ proprietary trading. The so-called Volcker Rule, which many...
by Shirley Li | Jan 18, 2012 | Business
WASHINGTON – A week after President Barack Obama encouraged insourcing jobs, Secretary of State Hillary Clinton honored American companies Wednesday morning for building business abroad. At the Award for Corporate Excellence ceremony, Clinton recognized manufacturing...
by Rachel Morello | Jan 18, 2012 | Business, Health & Science, Politics
WASHINGTON – Do you know where your computer’s information is stored? Increasingly, the answer is up in the air. Cloud technology is one of the latest developments to hit it big in the world of digital information. This service allows users to store and access...
by Shirley Li | Jan 17, 2012 | Business, Politics
WASHINGTON – Candidates in the 2012 presidential race rarely touched on the issue of poverty in America until Monday night’s Republican debate, just days before the South Carolina primary. “They’d be getting money, which is a good thing if you’re poor. Only the...
