The peer-to-peer home rental company hopes to start collecting New York hotel taxes by July 1.» Read More
The European Central Bank left interest rates unchanged on Thursday and ECB President Mario Draghi told a news conference that economic conditions in the region did not require shifts in monetary policy, including some that may have driven currency trading away from the euro.
WASHINGTON, March 5- The Obama administration on Wednesday said it would allow health insurers to extend plans that fail to comply with its signature health law for an additional two years, a move Republicans quickly condemned as a politically motivated delay. "This reeks of politics," said Brendan Buck, spokesman for House Speaker John Boehner.
Treasury sells $32 billion of 2- year notes. NEW YORK, Feb 25- U.S. Insurance companies and pension funds with extended investment horizons were likely buyers of the 30- year Treasuries, according to rate-strategist Boris Rjavinski at UBS in Stamford, Connecticut.
*Home Depot and Macy's rally after results. NEW YORK, Feb 25- U.S. stocks edged lower on Tuesday, easing back from record territory a day earlier as weak economic data offset gains in Home Depot and other retail shares.
*Home Depot and Macy's rally after results. NEW YORK, Feb 25- U.S. stocks were nearly flat on Tuesday as a rise in retail shares following strong results from companies including Home Depot was offset by weaker-than-expected consumer confidence data. Home Depot shares rose 2.8 percent to $80.09, giving the S&P 500 its biggest boost.
The letter was prompted by a Wall Street Journal investigation into a night-time sniper attack in April 2013 on the Metcalf substation in southern California which threatened to blackout power to thousands of homes.
WASHINGTON, Feb 14- Imported solar energy products from China and Taiwan could harm the local solar industry, U.S. trade officials found on Friday, potentially opening the door to widening the duties on the products.
LOS ANGELES/ WASHINGTON, Feb 14- American trade officials on Friday will take a first step on potentially extending import duties on Chinese solar energy products to also cover panels made with parts from Taiwan, in a case that could have a major impact on the fast-growing U.S. solar market.
Dallas, Seattle and other cities are connecting their airports to downtown by rail in hopes of easing headaches and attracting more business.
DETROIT, Feb 11- General Motors Co's new Chairman Theodore "Tim" Solso is not afraid to make edgy and sometimes unpopular decisions, a trait that could come in handy as the No. 1 U.S. automaker seeks to further reinvent itself under new Chief Executive Mary Barra.
In particular, the massive hydroelectric dams along the Columbia River and its tributaries in Washington, Oregon, Montana and Idaho are crucial suppliers of electricity to California via high-voltage transmission lines, known as paths.
DETROIT, Feb 8- General Motors Co is boosting discounts on full-size pickup trucks by thousands of dollars to keep pace with competitors and to whittle down bulging inventories on dealers' lots.
WASHINGTON, Feb 7- U.S. officials wrongly aided coal companies seeking federal land leases and accepted below-value bids in a flawed program costing taxpayers tens of millions of dollars, according to an independent review of the U.S. Interior Department.
WASHINGTON, Feb 7- U.S. officials wrongly advised coal companies when they leased federal land in a flawed program costing taxpayers millions of dollars, according to an independent review of the U.S. Interior Department.
CHICAGO, Feb 6- Kia Motors Corp rolled out an electric version of its Soul compact car on Thursday that the Korean automaker plans to begin selling in some U.S. markets later this year. The Soul EV will initially be sold in a handful of states, including California and Oregon, beginning this August, and in New York, New Jersey and Maryland early next year, Kia said.
WASHINGTON, Feb 5- President Barack Obama's administration announced the formation on Wednesday of seven "climate hubs" help farmers and rural communities adapt to extreme weather conditions and other effects of climate change.
NEW YORK, Feb 4- The U.S. government on Tuesday sold $8 billion in one-month Treasury bills at the highest interest rate since mid-October amid concerns it may not be able to raise its $16.7 trillion borrowing limit by early March. On Tuesday, the Treasury Department said it would pay dealers and investors 0.13 percent on $8 billion of its debt due on March 6.
NEW YORK, Feb 4- The U.S. government has authorized limited crude oil exports to Europe, for the first time in years, raising new questions about how companies are testing the limits of a controversial, decades-old exports ban.
WASHINGTON, Jan 30- U.S. officials are likely to allow China's Lenovo Group to buy IBM's low-end server business and Google Inc's Motorola Mobility handset business if it agrees to concessions aimed at protecting U.S. national security, experts said.
NEW YORK, Jan 30- Foreign central banks slashed their holdings of U.S. debt stored at the Federal Reserve by the most in seven months during the past week, leaving these so-called custody holdings at the lowest level since November, Fed data released Thursday showed.