After secretive talks, key senators express optimism they are closing in on a bipartisan agreement to toughen the border security requirements in immigration legislation that also offers a path to citizenship to millions living in the country illegally. Officials said Wednesday night that under the emerging agreement, the government would ...
Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it has fired the face of the company and its executive chairman, George Zimmer, 64, who appeared in many of its TV commercials with the slogan "You're going to like the way you look. ...
Summoning Berlin's history, Obama calls for bold action by US, Europe, including nuclear cuts BERLIN (AP) — Summoning the harsh history of this once-divided city, President Barack Obama on Wednesday cautioned the U.S. and Europe against "complacency" brought on by peace, pledging to cut America's deployed nuclear weapons by one-third ...
Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have helped keep long-term interest rates at record lows. A pullback ...
In an interview this week with television talk show host Charlie Rose, Obama said he planned to meet with the oversight board and "set up and structure a national conversation" about the NSA's surveillance programs and also "about the general problem of these big data sets because this is not ...
Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses. The Obama administration has ordered agencies to cancel discretionary bonuses because of automatic spending cuts, but the IRS says it's merely following legal obligations ...
Cone Health announced Wednesday that it's laying off 150 workers to help cut $30 million from its budget. President and chief operating officer Terry Akin said the health care provider will eliminate a total of 300 jobs over the next three months. Of those jobs, 150 are vacant, he said. ...
California lawmakers will get a pay raise of nearly $5,000 this year while the governor will see an increase of nearly $9,000 after a citizens' panel voted Wednesday to restore some of the cuts it made during the recession. Gov. Jerry Brown's salary will increase to $174,000, up from $165,288 ...
Spain faces the prospect of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the nation's crippling 27 percent unemployment rate and free frozen credit to businesses so they can expand, the International Monetary Fund said Wednesday. A report issued by the ...
President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation." Obama warned during his visit to Berlin that, while he was confident the euro area's leaders will resolve their ...
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