by Mattias Gugel | Jan 9, 2012 | Business
WASHINGTON — A majority of Americans believe there aren’t any available jobs in manufacturing, according to a poll released Monday, but the president of a global manufacturing company said there are plenty of jobs, but they required specialized skills. Carlos...
by Ben Kamisar | Jan 6, 2012 | Business
WASHINGTON— A freshman lawmaker, angered by President Barack Obama’s recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau, is drafting a bill to strip funding for salaries of presidential appointments made during a Senate...
by Nina Lincoff | Mar 15, 2011 | Business
WASHINGTON—Alan Greenspan, former chairman of the Federal Reserve, discussed his op-ed entitled Activism Tuesday, published by International Finance on March 3, at the Council on Foreign Relations. Greenspan defended his “controversial” statement that the sloth of...
by Elisa Santana | Mar 8, 2011 | Business, Politics
WASHINGTON— Erskine Bowles, the co-chair of President Barack Obama’s fiscal reform commission, told the Senate Budget Committee Tuesday that growing federal deficits are “a cancer and they are truly going to destroy this country from within, unless we have the common...
by Elisa Santana | Mar 2, 2011 | Business, Politics
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by Elisa Santana | Mar 2, 2011 | Business, Politics
In order to create jobs and expand the economy, panelists at the Center for American Progress argued Wednesday for reforms to the American model of capitalism—a path also needed, they said, to counteract executives earning billions and potential elimination of the...
by Elena Schneider | Mar 2, 2011 | Business, Politics
WASHINGTON — Citing an urgent need to curb the rising costs of Medicare and Medicaid, members of the Senate Finance Committee grilled two government health fraud experts Wednesday on the effectiveness and spending habits of their organizations. “As the number of...
by Elena Schneider | Mar 1, 2011 | Business
Chevy Chase, Md. — In any given day, Dr. Tiffini Lucas may examine a wailing, feverish two-year old, advise a senior on exercises for arthritic pain and remove an atypical mole from a middle-aged mother’s back. Lucas is a primary care physician. In 2005, she...
by Astrid Goh & Tara Longardner | Feb 16, 2011 | Business
WASHINGTON — Labor Secretary Hilda Solis told a House panel Wednesday that job training is among the department’s top priorities for the coming budget year. “The nation and the world that is emerging from the recession are different from the nation and the world...
by Lauren Schwartzberg | Feb 16, 2011 | Business, Politics
WASHINGTON—Two men with a history of unabashed sparring sat together on Capitol Hill Wednesday to push the need for a strong transportation bill that helps America upgrade its lagging infrastructure. Thomas J. Donahue, the president and CEO of the U.S. Chamber of...
by Alex Campbell | Feb 15, 2011 | Business, Politics
WASHINGTON — President Barack Obama on Tuesday defended his proposed budget as “step number one” of a long deficit-fixing process which he said would require a bipartisan commitment to entitlement reform. “We’re not going to be running up the credit card...
by Elisa Santana | Feb 15, 2011 | Business, Politics
WASHINGTON — Treasury Secretary Timothy Geithner faced heat from House Republicans Tuesday as he sought to defend President Barack Obama’s 2012 budget proposal. A day after the White House unveiled a budget plan for Congress to consider, Geithner faced the...
