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  • Congress, President Barack Obama headed to the conservative heartland on Wednesday to promote his plans for bolstering the middle class. Obama left Washington for a two-day trip to Idaho and Kansas to push his message that everyone should stand to gain from an economy that has all but recovered from years in the doldrums. Despite losing control of the Senate to...

  • Congress, President Barack Obama headed to the conservative heartland on Wednesday to promote his plans for bolstering the middle class. Obama left Washington for a two-day trip to Idaho and Kansas to push his message that everyone should stand to gain from an economy that has all but recovered from years in the doldrums. To a crowd of more than 6,000 in a stadium...

  • Congress, President Barack Obama hit the road on Wednesday to promote his plans for lifting up the middle class. Obama headed out for a two-day trip to Idaho and Kansas to push his message that the economy has effectively recovered from years in the doldrums. Republicans called for Obama to be more humble, given that they took control of both chambers of Congress...

  • But Republicans who control of both houses of Congress are in no mood to raise taxes on anyone and were quick to pan Obama's proposal. "This plan that we'll hear about tonight appears to be more about redistribution, with added complexity, and class warfare, directed at job-creating small businesses, than about tax reform," said Republican Senator Orrin Hatch, the...

  • WASHINGTON, Jan 20- President Barack Obama will challenge the Republican-led Congress to back his tax-raising ideas for helping middle-class Americans in a State of the Union speech on Tuesday that will set up a tough debate and may impact the 2016 campaign to replace him. Looking to burnish his legacy with two years left in office, Obama will appear before a...

  • Chobani plans to name a new chief executive in the first half of 2015 and among the candidates to replace company founder Hamdi Ulukaya as CEO is interim president and chief operating officer Kevin Burns, a senior partner at Texas- based TPG with a reputation as a turnaround expert with experience in manufacturing. Ulukaya will remain chairman, Chobani's Chief...

  • Jan 5- Greek yogurt maker Chobani is considering replacing Chief Executive Hamdi Ulukaya with its President and Chief Operating Officer Kevin Burns, the New York Post reported, citing people familiar with the matter. The recall was a result of bad design and layout incorporated during the construction of the company's $450 million Idaho factory and due to a...

  • Ex-Googler leads Softbank invasion of Hollywood Friday, 3 Oct 2014 | 10:33 AM ET
    Nikesh Arora

    Softbank's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry.

  • Micron profit boosted by Elpida buy, chip recovery Wednesday, 8 Jan 2014 | 8:17 AM ET

    Micron reported higher profit in the first quarter, helped by strong sales at its Elpida business and a recovery in chip prices.

  • Idaho to take over big, privately run state prison Friday, 3 Jan 2014 | 12:45 PM ET
    Idaho Gov. C.L. "Butch" Otter

    Idaho's governor says the corrections department will take over operation of the largest privately run prison in the state.

  • Thinning blue line: Police cuts cripple cities Friday, 22 Nov 2013 | 8:56 AM ET
    In crisis: Trenton police on patrol in the Garden State's capitol

    Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.

  • The new city economy Thursday, 21 Nov 2013 | 9:45 AM ET
    Ford Motor Co. said it will invest $200 million to make four-cylinder engines at the Ford Motor Co. Cleveland Engine Plant in Brook Park, Ohio.

    Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.

  • How Orlando and Phoenix are making a comeback Wednesday, 20 Nov 2013 | 8:47 AM ET
    Orlando, Florida

    These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.

  • Miami vice: Shady muni deals cripple cities Wednesday, 20 Nov 2013 | 8:00 AM ET
    Miami at night

    The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.

  • Is the muni bond market about to blow up? Tuesday, 19 Nov 2013 | 9:26 AM ET
    Detroit city grate is missing a cover. With cut backs to city services, Detroit's infrastructure has fallen into disrepair.

    Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?

  • Behind the scenes: 'Critical Condition' US tour Monday, 18 Nov 2013 | 8:34 AM ET
    Home of Charles Lang Freer, Detroit railroad car manufacturer.

    Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.

  • This small city is full of big surprises Monday, 18 Nov 2013 | 8:15 AM ET
    On the waterfront: Market Street Bridge and the Tennessee Aquarium

    Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.

  • The state of urban America: A tale of two cities Monday, 18 Nov 2013 | 7:00 AM ET
    Lawrence Payne walks past two abandoned houses on September 4, 2013 in the Six Mile Gratiot neighborhood of Detroit, Michigan.

    The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.

  • Damage to city budgets: Some was self-inflicted Monday, 18 Nov 2013 | 7:00 AM ET
    View of downtown Oakland, California.

    Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.

  • GOP: Tea party overstayed its welcome Tuesday, 29 Oct 2013 | 6:00 AM ET
    Tea party activist William Temple protests in front of he U.S. Supreme Court in June 2012.

    Tea party candidates in the 2014 congressional elections will try to unseat Republican incumbents they say aren't conservative enough.