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Posts related to ‘Politics’

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Softbank to Offer Federal Government a Seat on Sprint’s Board of Directors

Posted: May 24, 2013 at 7:35 am

Rather than put up more money in its bid to acquire control of Sprint Nextel Corp. (NYSE: S), Japan’s Softbank Corp. plans to offer the U.S. government the ability to ...
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Sugar

Coca-Cola, Hershey Lose Senate Vote to Curb Sugar Assistance

Posted: May 23, 2013 at 12:40 pm

In one of the longest running lobbying battles in Washington, sugar growers have once again prevailed over big food and beverage makers like Hershey Co. (NYSE: HSY) and The Coca-Cola ...
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Ben Bernanke Pushes Out End of Bond Tapering and End of Quantitative Easing

Posted: May 22, 2013 at 10:15 am

Federal Reserve chairman Ben Bernanke is speaking today in testimony to Congress. While all heads were turned to watch Bernanke's hints and intonations, we do not expect to see any ...
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Sad lonely pensive old senior woman

Pension Plan Benefits Flow to Wealthier Retirees

Posted: May 21, 2013 at 4:40 pm

By far the single most common contributing program to a retiree’s household income is Social Security. And the lower a person’s retirement income, the bigger role Social Security plays. For ...
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West side view of the United States Capitol building.

Apple Defends Tax Practices, Calls for Corporate Tax Reform

Posted: May 21, 2013 at 7:10 am

Near the top of the business headlines is the battle that Congress has started to wage with Apple Inc. (NASDAQ: AAPL) over the taxes it pays. By some measures, the ...
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California Budget Progress Tops CBO U.S. Spending Improvement

Posted: May 15, 2013 at 6:40 am

The U.S. budget deficit as forecast by the Congressional Budget Office (CBO) may drop to $643 billion in fiscal 2013, which would be a substantial improvement from earlier predictions. However, ...
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USPS Sorting Center

U.S. Postal System Loses $1.9 Billion, a Lesson for Government

Posted: May 13, 2013 at 6:46 am

The U.S. Postal System lost $1.9 billion in the second quarter of its fiscal year, which ended on March 31. There is little worth comparing between the Post Office's desperation ...
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Jack Lew: U.S. Will Not Hit Debt Ceiling Before Labor Day

Posted: May 10, 2013 at 6:55 am

New Treasury Secretary Jack Lew told CNBC that the United States may not reach its debt ceiling until Labor Day. Just a few months ago, many experts believed that the ...
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China

Solar Panels and Hackers: The West Gangs Up on China

Posted: May 7, 2013 at 7:10 am

The world has started to gang up on China. America's Defense Department published a report as part of its Annual Report to Congress. In "Military and Security Developments Involving the ...
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Shocker: U.S. Treasury to Pay Down Debt!

Posted: April 29, 2013 at 4:13 pm

For the first time since the June quarter of 2007, the U.S. Treasury is expecting to pay of $35 billion of debt during the June quarter this year. The payoff ...
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Greek Economy Hurt by 15,000 Layoffs

Posted: April 29, 2013 at 6:44 am

If European Union finance ministers and the International Monetary Fund (IMF) have turned away from austerity as a means to help the region's economy, the action has not affected Greece, ...
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Senate Bill Ends Air Traffic Controller Furloughs

Posted: April 26, 2013 at 7:00 am

The U.S. Senate has passed a bill to end the furloughs of air traffic controllers. This should halt a long series of flight delays that have threatened to gridlock the ...
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Americans Oppose Gas Tax to Repair Roads

Posted: April 22, 2013 at 6:57 am

Americans do not want to pay state taxes on driving so that they can have better roads, or bridges for that matter. That means the single most logical source of ...
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The Real Cost of Terrorism for Nations, Billions and Trillions

Posted: April 19, 2013 at 3:20 pm

This last week was a reminder that terrorism is far from gone. The dual bombs at the Boston Marathon were followed by ricin poison letters in the Senate and the ...
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Apache Block III Ceremony and First Flight

American Counterterrorism and Homeland Security Companies

Posted: April 17, 2013 at 10:35 am

It feels almost like the news flow from 11 years ago is repeating itself, as terrorism is back in the headlines and in the breaking news in America. First it ...
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