More Business - !movers And Shakers Articles

  • GOP-controlled House oks balanced budget plan

    Updated: 21 hr ago

    WASHINGTON (AP) — The Republican-controlled House has approved a budget blueprint that projects balance by the end of the decade and includes trillions of dollars in savings from benefit programs. The vote in favor of the plan was 228-199. The blueprint itself is non-binding, but...

  • Mexico says arson at US company linked to extortion

    Updated: 21 hr ago

    MEXICO CITY (AP) — An arson attack on a subsidiary of a U.S. energy-services firm was part of an extortion attempt, prosecutors in southern Mexico said Wednesday. The attorney general in the Gulf coast state of Tabasco, Fernando Valenzuela, said five attackers forced their way into...

  • 'Animal House' frat at Dartmouth accused of branding members

    Updated: 22 hr ago

    CONCORD, N.H. (AP) — A Dartmouth College fraternity that partly inspired the 1978 movie "Animal House" has been accused of branding new members while under suspension last fall, but the group's lawyer denies that anyone was hazed or hurt. Alpha Delta, which has a recent history of...

  • Price tag of bipartisan bill averting Medicare doc fee cuts

    Updated: 22 hr ago

    The nonpartisan Congressional Budget Office estimated Wednesday that the bipartisan bill preventing cuts in doctors' fees for treating Medicare patients would total $214 billion in costs over the coming decade. Highlights of the CBO analysis (in rounded numbers): PRICE TAG —$175...

  • UAW union head says no to new level of low wages for workers

    Updated: 22 hr ago

    DETROIT (AP) — The leader of the United Auto Workers union has rejected a new level of lower wages for members who make auto parts ahead of contract talks with automakers that start in the summer. There have been reports that General Motors Co. and Ford Motor Co. may propose a new pay...

  • USTelecom, Texas Internet provider sue over net neutrality

    Updated: 22 hr ago

    NEW YORK (AP) — The FCC says the first lawsuits filed against the government's new Internet traffic rules are "premature" and may be dismissed because they were filed too early. The Federal Communications Commission's new rules on broadband service are meant to uphold "net...

  • PayPal to pay $7.7M in sanctions violations settlement

    Updated: 22 hr ago

    WASHINGTON (AP) — PayPal Inc. has agreed to pay $7.7 million to settle with U.S. regulators who said the payments company allowed violations of U.S. sanctions against Iran, Cuba and Sudan. The Office of Foreign Assets Control, an agency of the Treasury Department, announced Wednesday...

  • Obama ready to sign bill revamping Medicare doctor fees

    Updated: 23 hr ago

    WASHINGTON (AP) — President Barack Obama said Wednesday he's ready to sign "good, bipartisan" legislation protecting physicians from steep cuts in Medicare reimbursements and bolstering health programs for children and the poor as Senate Democrats seemed to soften their opposition to...

  • House GOP issues subpoena for EPA chief's text messages

    Updated: 23 hr ago

    WASHINGTON (AP) — The chairman of the House Science Committee issued a subpoena Wednesday to Environmental Protection Agency Administrator Gina McCarthy seeking her text messages and other electronic communications. Rep. Lamar Smith, R-Texas, said he was left with no alternative but...

  • Merger momentum keeps on rolling with Heinz deal for Kraft

    Updated: 23 hr ago

    NEW YORK (AP) — Wall Street's deal-making renaissance shows no sign of ending. Heinz's $45 billion acquisition Kraft Foods, announced Wednesday, has helped maintain the momentum in the market for mergers and acquisitions. So far this year companies globally have struck deals worth...

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