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Even if Congress does vote to create an Internet sales tax, Amazon may still be able to vanquish its foes -- and could even make money by collecting the new taxes for other retailers. NYT reports.
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WASHINGTON, March 4- Tension over the U.S. fiscal crisis eased on Monday as President Barack Obama called more opposition lawmakers to find a way to stop $85 billion in damaging budget cuts and congressional Republicans announced a plan to prevent a government shutdown.
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WASHINGTON, March 4- President Barack Obama, unable to persuade Republicans to accept higher taxes, is attempting to cobble together what he calls a "common-sense caucus" among lawmakers to help resolve U.S. budget woes and push his legislative agenda.
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*Government agencies to cut $85 billion in spending. WASHINGTON, March 1- President Barack Obama formally ordered broad cuts in U.S. government spending on Friday night after he and congressional Republicans failed to reach a deal to avert automatic reductions that could dampen economic growth and curb military readiness.
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*Washington to begin $85 billion in cuts. Put in place during a bout of deficit-reduction fever in 2011, the automatic cuts can only be halted by agreement between Congress and the White House. Financial markets in New York shrugged off the stalemate in Washington.
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*Washington to begin $85 bln in cuts. Put in place during a bout of deficit-reduction fever in 2011, the automatic cuts can only be halted by agreement between Congress and the White House.
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*Washington about to begin $85 bln in cuts. Put in place during a bout of deficit-reduction fever in 2011, the automatic cuts can only be halted by agreement between Congress and the White House.
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WASHINGTON, March 1- From a submarine base in Maine to a Humvee repair shop in Texas and a Navy graduate school in California, workers in the bull's eye of U.S. spending cuts worry not just about money, but about risking the government's mission and sometimes their own safety.
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*Obama, congressional leaders end talks at White House. The inflexible plan, locked in during a bout of deficit-reduction fever in 2011, initiates time-released cuts that can only be halted by agreement between Congress and the White House.
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NEW YORK, Feb 27- After a tough day at work as a publicist in Minneapolis, Becca Bijoch would often indulge in a little retail therapy. She usually headed out to the stores as she did not care much for online shopping.
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NEW YORK, Feb 27- After a tough day at work as a publicist in Minneapolis, Becca Bijoch would often indulge in a little retail therapy. She usually headed out to the stores as she did not care much for online shopping.
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The storm was expected to pelt New England' s coastal areas from northern Connecticut to southern Maine.
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The storm that blanketed the Midwest earlier this week, dumping more than a foot of snow in Kansas and forcing hundreds of flights to be canceled, is now headed for New England. For Boston, it's the third straight weekend of major snow.
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The storm blanketed states from Minnesota to Ohio earlier this week, dumping more than a foot of snow in Kansas on Thursday, forcing airports to cancel hundreds of flights and stranding motorists on highways.
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KANSAS CITY, Mo., Feb 22- A major winter storm headed northeast into the U.S. Great Lakes on Friday and threatened New England after blanketing states from Minnesota to Ohio with blinding snow, sleet and freezing rain. The storm dumped more than a foot of snow in Kansas on Thursday, forcing airports to cancel hundreds of flights and stranding motorists on highways.
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Kansas bore the brunt of the storm, with up to 15 inches of snow in some parts of the state, according to the National Weather Service. A 200- mile stretch of Interstate 70 in central Kansas was closed and strewn with cars stuck in snow.
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NEW YORK, Feb 21- Citigroup Inc said on Thursday it has overhauled an executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability.
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NEW YORK, Feb 21- Citigroup Inc said on Thursday it has overhauled the executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability.
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WASHINGTON, Feb 21- The U.S. Department of Health and Human Services said on Thursday that it would provide 25 of the 50 U.S. states with funding to test new ways to lower costs and improve care within the national Medicaid program for the poor.
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Feb 21- From a family bakery to the largest American-owned company in the $30 billion U.S. baking industry, Flowers Foods Inc has risen a long way since it was founded nearly a century ago.
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WASHINGTON, Feb 20- American Indians and native Alaskans had the highest poverty rate in the United States, 27 percent, during the recession and economic recovery, followed by African Americans at 25.8 percent, according to government data released on Wednesday.