Veteran U.S. Senator Thad Cochran of Mississippi narrowly defeated challenger Chris McDaniel in a runoff election.» Read More
NEW YORK/ LONDON, July 24- Gold hit a one-month low on Thursday after robust economic data from the United States, China and the euro zone deterred investors from safe-haven assets, even as tensions simmered in the Middle East and Ukraine.
July 24- Sports apparel manufacturer and retailer Under Armour Inc raised its full-year sales forecast for the second time, citing "increased confidence" in its footwear and international businesses. Shares of Under Armour, which sponsored the 2014 U.S.
BALTIMORE— Under Armour's second-quarter net income was essentially flat, hurt by marketing and new product launches, but revenue soared 34 percent. Under Armour's profit was $17.7 million, or 8 cents per share, compared with $17.6 million, or 8 cents per share, in the same quarter a year ago.
Paul Ryan proposed a new plan Thursday to merge up to 11 anti-poverty programs into a single grant program for states that he said would allow more flexibility to help lift people out of poverty. The Wisconsin Republican and 2012 vice presidential nominee is a respected voice within his party.
July 24- Sports apparel manufacturer and retailer Under Armour Inc's quarterly revenue rose by than a third as it benefited from growing interest in fitness among women and young people, and the company raised its full-year sales forecast.
WASHINGTON— After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. Six years ago, Social Security embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.
BOSTON, July 23- Larry Zelvin, the head of the U.S. Department of Homeland Security's center for countering cyber threats, is retiring next month after a government career of nearly 30 years during which he advised U.S. businesses on fighting hostile hackers.
BOSTON, July 23- New rules announced on Wednesday will likely drive safety-oriented retail investors away from some money market funds because they highlight risks and make it harder to pull cash out when market turmoil strikes.
WASHINGTON— Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. In 2008, Social Security said the project was about two to three years from completion.
WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.
ACCOKEEK, Md.— Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.
BETHESDA, Md.— Lockheed Martin Corp. on Tuesday reported earnings that increased by 3.5 percent in its second quarter, and topped analysts' expectations. The Bethesda, Maryland- based company said profit increased to $889 million, or $2.76 per share, from $859 million, or $2.64 per share, in the same quarter a year ago.
NEW YORK— Nonprofit organization Goodwill Industries Inc. is working with federal officials to investigate a possible security breach.
ATLANTIC CITY, N.J.— Yomary Blanco cleans rooms at Trump Plaza, one of three Atlantic City casinos that could shut down by September. Her husband works the buffet at the Showboat, which is scheduled to close on Aug. 31.
RALEIGH, N.C.— A North Carolina company is recalling approximately 200 pounds of grilled chicken entrees because they were mislabeled and contain milk, an allergen not declared on the label. The U.S. Department of Agriculture's Food Safety and Inspection Service announced the recall by B. Roberts Foods of Charlotte, North Carolina, on Friday.
DETROIT— Toyota wants to help you scream at your unruly kids. Toyota says it added Easy Speak "so parents don't have to shout to passengers in the back. Automakers are trying to come up with creative ways to make the out-of-fashion minivan more appealing, said Jessica Caldwell, senior analyst at the Edmunds.com automotive website.
WASHINGTON— Motorists in Maryland are paying four cents less at the pump when compared with a week ago. AAA Mid-Atlantic said Friday in a weekly report that the average price of a gallon of regular unleaded gas in Maryland was $3.62, down from $3.66 a week ago.
Treasuries held steady on Friday, taking in stride a weaker-than-expected U.S. consumer sentiment survey and holding onto the safe-haven flows stemming from the escalation of tensions in Ukraine and Israel in the last 24 hours.
WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.
The fate of the spending bill and the amendments will likely depend on negotiations between the House, Senate and White House. "It is time for Congress to step in and stop the D.C. government's harassment and punishment of law-abiding citizens who simply want to defend themselves," Massie said in a statement.