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Obama budget: Why entitlement cuts are a 'grand bargain' we don't needPresident Obama's willingness to negotiate on Social Security – which Democrats have protected from Republican assaults for almost eighty years – doesn’t bode well, Reich writes.
Worst lapse in years: Fed probes early release of minutesMore than 100 people received Federal Reserve policy minutes some 24 hours before their scheduled release. Federal Reserve and federal regulators are looking to see if any stocks or other securities were traded based on the information.
Stocks soar, led by gains in technologyStocks rose sharply on Wall Street Wednesday, pushing the Standard & Poor's 500 index and Dow Jones industrial average to record highs. Technology stocks surged after network communication company Adtran reported earnings that were double what Wall Street analysts expected.
Ford Motor Company launches competition for fuel-efficiency appFord Motor Company is offering a cash prize to the software developer who creates the best new app for fuel efficiency, Read writes. The winning app might live on smartphones, or it might exist solely on Ford Motor Company infotainment systems.
- Business before politics: Merchants set up court to handle Israeli-Palestinian trade disputes
Tired of waiting for a political solution, Israeli and Palestinian businessmen are taking matters into their own hands, launching a court to handle business disputes properly.
Obama’s budget gambit: Return of the 'grand bargain'?President Obama is for the first time proposing a budget that includes changes to Social Security and Medicare. This infuriates the left but could open the door to compromise with Republicans.
Tax day 2013: Your tax refund is not a Christmas presentIf you ever want to put yourself onto firm financial ground, you cannot afford to treat your tax refund check like a Christmas present, Hamm writes.
Now is the time to fix Social SecurityMost Social Security experts, no matter their political persuasion, know that Social Security must be redesigned, Gleckman writes. With President Obama proposing to change the way government adjusts Social Security benefits, why not redesign it now?
'Sequester blues' for grounded Blue AngelsNavy's Blue Angels are grounded by federal budget cuts. For first time in six decades, Blue Angels won't appear at air shows, including San Francisco's Fleet Week in the fall.
Fox affiliates OK with plan to thwart AereoIf Internet startup Aereo keeps reselling Fox's TV signal without paying for it, Fox could switch from free to pay TV on cable and satellite. Fox exec says its affiliates are 'on board' with its Aereo-avoidance plan.
JCPenney ousts CEO: Is it too late for the company?JCPenney has fired CEO Ron Johnson after 17 months, following a disastrous 'no sales' pricing scheme and a muddled rebranding effort. As JCPenney struggles to curb losses and keep up with competitors, is the end near for the 111-year-old retailer?
Ford Focus tops Toyota Corolla as world's most popular carFord Focus has overtaken its Japanese rival, the Toyota Corolla, at the top of the global sales charts. The company sold over one million units of its Ford focus last year.
Stocks rise; Dow hits another recordStocks rose on Wall Street Tuesday with the Dow Jones industrial average closing at another record high. Materials and energy stocks led the gains following a surge in prices for commodities like copper.
Fisker Automotive sued for lack of notice in layoffsFisker Automotive is now facing a lawsuit for the dismissal of 160 of its employees, Ingram writes. Fisker Automotive is charged with failing to give employees at least 60 days of notice before mass terminations.
Why tax policies should support new business, not small businessIf Congress wants to encourage risk-taking, it may be better off focusing on new businesses, not small businesses, Gale writes.
The invisible sequesterAmericans are starting to feel the pain from the sequester's $85 billion in federal spending cuts between March and September 30, Reich writes. They just don’t know it yet.
Ben & Jerry's Free Cone Day: Celebrate spring with free ice creamBen & Jerry's Free Cone Day means free ice cream for every customer, just in time for warmer weather. Ben & Jerry's also teams up with local charities to raise money and awareness on Free Cone Day.
Avon layoffs eliminate 400 jobs, shut down Ireland operationsAvon layoffs will include more than 400 jobs cuts worldwide, just three months after the 1,500 layoffs in December, when Avon pulled out of Vietnam and South Korea.
Worst U.S. airline revealed: Are you surprised?The worst U.S. airline, according to a new report, got twice as many complaints as last year, and 17 times more than Southwest, which got the fewest customer complaints.
Stocks edge higher ahead of earnings seasonStocks closed higher on Wall Street Monday as traders turned their focus to US corporate earnings reports. Better-than-expected earnings reports from Alcoa helped push stocks higher.
