WASHINGTON, June 10- The Senate Commerce Committee on Monday gave strong bipartisan backing to President Barack Obama's nominees to head the Departments of Transportation and Commerce, sending them to the Senate floor for approval.
June 2- Whisper it abroad: The U.S. economy is on the mend. Most recent indicators suggest that, five years after the start of the Great Recession, the "L-shaped" recovery is finally heading north. As Winston Churchill said after the Battle of Alamein, "This is not the end.
Treasury Inspector General for Tax Administration inquiry that Reuters obtained on Saturday, on IRS statements and on news reports. The number of applications sent to the IRS by groups seeking 501 (c) 4 tax-exempt status begins to increase sharply, rising to 3,400 in 2012 from 1,500 in 2010, according to the IRS.
WASHINGTON, May 11- A report from the watchdog agency overseeing the Internal Revenue Services finds that a top IRS official knew that lower level agents gave extra scrutiny to conservative Tea Party groups as early as 2011, according to a congressional source with knowledge of the findings.
WASHINGTON, May 10- An investigation of the U.S. Internal Revenue Service was launched on Friday after a senior IRS official publicly apologized for subjecting conservative political groups to "inappropriate" scrutiny. "We would like to apologize for that," said Lois Lerner, director of the IRS tax-exempt office at an American Bar Association conference.
*IRS official apologizes for "inappropriate" targeting of groups. WASHINGTON, May 10- U.S. tax authorities' handling of applications for tax-exempt status from conservative political groups was under investigation, the White House said Friday after an IRS official apologized for "inappropriate" scrutiny of groups with " Tea Party" in their names.
WASHINGTON, May 10- Republican lawmakers blasted the U.S. Internal Revenue Service on Friday after a top IRS official apologized for "inappropriate" targeting by the agency of applications for tax-exempt status from conservative political groups.
WASHINGTON, May 10- U.S. tax auditors inappropriately targeted applications from conservative political groups seeking tax-exempt status, an Internal Revenue Service official acknowledged on Friday. Lois Lerner, director of the IRS tax-exempt office, said the practice was "was absolutely incorrect and it was inappropriate."
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee defeated repeated efforts by Republicans on Thursday to significantly delay legalization for 11 million undocumented immigrants, a central focus of the bill.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee rejected a Republican attempt to significantly delay the legalization process for 11 million undocumented immigrants, a central focus of the bill.
WASHINGTON, May 9- Republican lawmakers on Thursday boycotted a confirmation vote on President Barack Obama's pick to lead the Environmental Protection Agency, saying they were "completely unsatisfied" with answers provided by Gina McCarthy on several topics.
WASHINGTON, May 9- Republican senators boycotted a confirmation vote on President Barack Obama's pick to lead the U.S. Environmental Protection Agency on Thursday, saying they were "completely unsatisfied" with answers provided by Gina McCarthy on several topics.
WASHINGTON, April 28- President Barack Obama plans to nominate on Monday Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House official said on Sunday. If confirmed by the U.S. Senate, Foxx would replace Ray LaHood, who has served as transportation secretary since January 2009.
BOSTON, April 18- President Barack Obama told a memorial service for the Boston bombing victims that "we will find" whoever carried out the attack that killed three people as investigators search for two men seen on a video of the scene shortly before the blasts. Not here in Boston, "Obama said at the memorial on Thursday.
WASHINGTON, April 17- A bipartisan group of U.S. senators on Wednesday began trying to sell a freshly written, 844- page immigration bill knowing that changes will be made but vowing to protect the pillars of what they hope will become a landmark law.
WASHINGTON, April 17- A bipartisan group of U.S. senators on Wednesday began trying to sell a freshly written, 844- page immigration bill knowing that changes will be made but vowing to protect the pillars of what they hope will become a landmark law.
*Wyoming Senator blasts EPA's role in "chronic unemployment". WASHINGTON, April 11- President Barack Obama's pick to lead the U.S. Environmental Protection Agency told a Senate panel on Thursday that coal will remain important in the U.S. energy mix and that the EPA will be flexible in applying new pollution rules for coal-fired power plants.
WASHINGTON, April 11- President Barack Obama's pick to lead the U.S. Environmental Protection Agency told a Senate panel on Thursday that coal will remain important in the U.S. energy mix and that the EPA will be flexible in applying new pollution rules for coal-fired power plants.
April 5- Yankee Candle Co Inc has attracted offers from several private equity firms in a sale process that could value the largest scented candle maker in the United States at about $2 billion, people familiar with the matter said. Madison Dearborn Partners LLC, another buyout firm, acquired Yankee Candle in 2006 for $1.6 billion.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."