House GOP tax plan would fall $1.3 trillion short of paying for itself, study finds

(c) 2017, The Washington Post. WASHINGTON - The House Republican tax plan would add $1.3 trillion to the national debt over a decade, even after accounting for new economic growth from the bill, according to a nonpartisan study released Monday. The nonpartisan Tax Policy Center, a nonpartisan...


The Justice Department is suing AT&T to block its $85 billion bid for Time Warner

(c) 2017, The Washington Post. The Department of Justice is suing to block AT&T’s $85 billion bid for entertainment conglomerate Time Warner, setting the stage for one of the biggest antitrust cases to hit Washington in decades. The suit is fraught with legal and political risks for both sides....


AT&T is said to face U.S. antitrust lawsuit over Time Warner

(c) 2017, Bloomberg. The U.S. Justice Department is poised to sue to block AT&T’s $85.4 billion takeover of Time Warner, according to a person familiar with the matter, dealing a major blow to the carrier’s bid to create a media and telecommunications empire. The Justice Department said it plans to...


Stocks rebound with dollar and gold feels the pain

(c) 2017, Bloomberg. The dollar gained and stocks rose, driving gold to its biggest drop in two months, as Congress took a holiday break from tax talks and markets absorbed political developments in the Americas and Europe. At the start of a truncated Thanksgiving week, investors were unfazed by...


Technology companies, retailers send US stock indexes higher

Financial Markets Wall Street

NEW YORK (AP) — U.S. stocks rose Monday as a mix of smaller, U.S.-focused companies, technology firms and banks climbed. Drugmakers struggled, which limited those gains. Retailers and smaller companies rose for the third day in a row as their latest quarterly reports have investors feeling better...


Justice Department intends to sue to block AT&T's acquisition of Time Warner, a person

NEW YORK (AP) — Justice Department intends to sue to block AT&T’s acquisition of Time Warner, a person familiar with the matter says.


Health nominee reaped big earnings from drug industry tenure

Trump Health Nominee

WASHINGTON (AP) — Newly disclosed financial records show that President Donald Trump’s nominee to become Health and Human Services secretary reaped big earnings during his tenure as a top pharmaceutical executive. As a top drug industry veteran from 2007 to 2017, former Eli Lilly and Co. executive...


Shootings put semi-automatic rifles ads under new scrutiny

Marketing ARs

ATLANTA (AP) — The ads leap out from the pages of almost any gun magazine: Soldiers wearing greasepaint and camouflage wield military-style rifles depicted as essential to the American way of life. A promotional spot by the Mossberg brand boasts of weapons “engineered to the specs of freedom and...


Woman hurt by Takata air bag urges owners to get cars fixed

Honda-Air Bag Recalls

DETROIT (AP) — A woman who was seriously hurt by an exploding Takata air bag inflator in a 2013 crash is helping Honda’s effort to persuade car owners to get the dangerous parts replaced. Stephanie Erdman, an Air Force officer, nearly lost her right eye when the inflator in her 2002 Civic exploded...


Yellen says she'll leave Fed once Powell sworn in as chair

(c) 2017, Bloomberg. Federal Reserve Chair Janet Yellen said she will step down from its Board of Governors once her successor is sworn into the office, widening the scope for President Donald Trump to shape the U.S. central bank’s leadership for years to come. Trump has nominated Jerome Powell to...

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