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Henry Waxman

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  • Business Highlights Monday, 14 Apr 2014 | 5:46 PM ET

    WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?

  • Congressional report presses for e-cigarette rules Monday, 14 Apr 2014 | 6:44 AM ET

    A 2009 law gave the FDA the power to regulate a number of aspects of tobacco marketing and manufacturing, though it cannot ban nicotine or cigarettes outright. The proposed FDA regulation was submitted to the Office of Management and Budget for review in October.

  • WASHINGTON, April 10- U.S. lawmakers investigating General Motors' slow recall of 2.6 million cars are zeroing in on engineers and others who may have been aware of problems with ignition switches linked to at least 13 deaths.

  • House defeats bipartisan fix to 'Obamacare' Wednesday, 9 Apr 2014 | 6:04 PM ET

    The legislation was aimed at helping U.S. insurance companies like Cigna and Metlife that are now at a competitive disadvantage with overseas firms that do not have to comply with mandates such as the so-called Cadillac tax on high-end plans, patient protections and a host of reporting requirements.

  • WASHINGTON, April 1- General Motors Co CEO Mary Barra on Tuesday called her company's slow response to at least 13 deaths linked to faulty ignition switches "unacceptable," but could not give U.S. lawmakers many answers as to what went wrong as she pointed to an ongoing internal investigation.

  • WASHINGTON, April 1- General Motors CEO Mary Barra, under intense grilling by members of the U.S. Congress, on Tuesday said she found employee statements "disturbing" that cost considerations may have discouraged the prompt replacement of faulty ignition switches now linked to at least 13 fatalities.

  • WASHINGTON/ DETROIT, March 31- A U.S. congressional probe is focusing on why General Motors Co employees repeatedly approved substandard ignition switches linked to at least 13 fatalities, as the automaker on Monday announced another major recall, this time related to power steering issues.

  • WASHINGTON/ DETROIT, March 31- A U.S. congressional probe is focusing on why General Motors employees repeatedly approved ignition switches that failed to meet company standards and how those decisions may have contributed to crashes linked to at least 13 deaths.

  • DETROIT/ WASHINGTON, March 29- When General Motors Co Chief Executive Mary Barra faces Congress next week she will have to explain how the top brass at the biggest U.S. automaker can say they knew nothing for more than a decade about a faulty ignition switch linked to crashes and at least 12 deaths.

  • March 29- Gilead Sciences Inc, under fire for pricing a new hepatitis C drug at $1,000 a pill, has discount agreements with a number of health insurers, a company executive said in an interview.

  • WASHINGTON, March 25- The U.S. shale gas boom should be used to counteract Russian influence in Europe and on Ukraine, a key senator said on Tuesday, as lawmakers weighed changes to export policy to take into account a shifting geopolitical landscape.

  • March 21- U.S. lawmakers have asked Gilead Sciences Inc to explain the $84,000 price tag of its new hepatitis C drug Sovaldi, which is encountering resistance from health insurers and state Medicaid programs. Biogen Idec fell 8 percent, Amgen Inc dropped 3 percent and Celgene Corp lost 3.7 percent.

  • March 21- U.S. lawmakers have asked Gilead Sciences Inc to explain the $84,000 price tag of its new hepatitis C drug Sovaldi, which is encountering resistance from health insurers and state Medicaid programs. Biogen Idec fell 6 percent, Amgen Inc dropped 2.5 percent and Celgene Corp was down 2 percent.

  • WASHINGTON, March 21- The U.S. congressional investigation into General Motors Co automobile defects will bring aggressive scrutiny to a company with powerful lobbying clout and strong ties on Capitol Hill.

  • *Senate, House panels to investigate stalling problem. WASHINGTON, March 11- Congress's investigation of a deadly defect in some General Motors cars widened on Tuesday, and a House committee ordered the automaker and a federal regulator to provide details on steps they took to get unsafe cars off the road.

  • WASHINGTON, March 11- A U.S. House of Representatives committee on Tuesday gave General Motors and the National Highway Traffic Safety Administration until March 25 to provide information related to the automaker's recall of vehicles due to safety concerns.

  • E-cig industry on tenterhooks ahead of U.S. regulation Thursday, 20 Feb 2014 | 11:12 AM ET

    WASHINGTON, Feb 20- Lobbyists for electronic cigarette companies have been beating a path to the White House, hoping to prevent the administration from imposing strict, and possibly costly, rules on the burgeoning $2 billion industry.

  • CAMBRIDGE, Md., Feb 14- U.S. President Barack Obama and fellow Democrats in the House of Representatives face a key question when they meet on Friday, Valentine's Day: how much love do they dare show each other before the November elections. "The president recognizes that there's some tension," said Democratic Representative John Larson of Connecticut.

  • FACTBOX-Members of U.S. Congress who are leaving office Thursday, 13 Feb 2014 | 1:47 PM ET

    WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.

  • The technology has not yet been deployed on a commercial scale, but the EPA highlighted the pending Kemper project in September when the agency unveiled plans to set strict limits on the amount of carbon dioxide that can be generated by newly-built U.S. power plants. Southern Co tried to distance itself from the EPA at that time.

Most Popular Video

Tuesday, 15 Apr 2014 | 4:07 PM ET

"Yahoo's core business is still limping along," says Colin Gillis, BGC Financial, while providing instant reaction to Yahoo's quarterly numbers. "Shark Tank" investor Kevin O'Leary and "The Profit's" Marcus Lemonis weigh in.

Tuesday, 15 Apr 2014 | 11:31 PM ET

John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, discusses his company's acquisitions in Singapore and India.

Tuesday, 15 Apr 2014 | 11:14 PM ET

Will Oswald, Global Head of FICC Research at Standard Chartered, says Beijing has the tools to guide its economy to a soft landing.