Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.» Read More
BOSTON, Jan 31- Billionaire hedge fund investor Daniel Loeb will be losing Rhode Island as a client after the state's pension fund found his Third Point LLC too risky for its taste and decided to pull out all of its money.
BOSTON, Jan 31- Billionaire hedge fund investor Daniel Loeb will be losing Rhode Island as a client after the state's pension fund found his Third Point LLC too risky for its taste and decided to pull all of its money out.
Kynect, which is Kentucky's marketplace, and the Rhode Island Health Benefits Exchange have had separate talks about 2015 with health insurers that could opt to join the online marketplaces set up under President Barack Obama's healthcare reform law. Kentucky and Rhode Island are among states with the most successful Obamacare launches.
The White House called Reid's office shortly after his comments to voice displeasure, a top Democratic party aide said. But the aide said the White House did not try to get Reid to shift his position.
*Earnings/share $0.60 vs $0.50 a year earlier. Jan 22- Textron Inc, maker of Cessna aircraft and Bell helicopters, said it expects revenue at its flagship business jet unit to rise 19 percent in 2014, driven mostly by deliveries of two new aircraft launched late last year.
In Costa Mesa, California, lawmaker Jim Righeimer says he was a target of intimidation because he sought to curb police pensions. In a lawsuit in November, Righeimer accused the Costa Mesa police union and a law firm that once represented them, of forcing him to undergo a sobriety test after driving home from a bar in August 2012.
WASHINGTON, Jan 9- U.S. Senate negotiators on Thursday mulled a new Democratic proposal to revive federal unemployment benefits until mid-November and pay the $18 billion price tag with new spending cuts, Senate Majority Leader Harry Reid said. "The package does what the Republicans wanted," Reid said on the Senate floor.
WASHINGTON, Jan 9- Two of the U.S. Senate's biggest environmental boosters have launched a drive to revive the issue of climate change in Congress and defend President Barack Obama's climate action plan against opposition from Republicans.
WASHINGTON, Jan 9- U.S. Senate negotiators were close to a deal on extending expired jobless benefits through November and paying the estimated $18 billion cost through future spending cuts, a senior Senate Democratic aide said on Thursday.
WASHINGTON, Jan 6- With many lawmakers unable to get to Washington because of record freezing temperatures, the U.S. Senate abruptly postponed until Tuesday a vote on a White House- backed bill to extend jobless benefits for 1.3 million Americans.
WASHINGTON, Jan 6- The U.S. Congress on Monday began what promises to be another combative year by bracing for a showdown over a White House- backed bill to renew unemployment benefits for 1.3 million Americans. Regardless how the Senate vote turns out, it will kick off a 2014 drive by Obama and his Democrats to stem a growing gap between rich and poor.
WASHINGTON, Jan 5- The U.S. Congress begins what promises to be another highly combative year on Monday with a showdown over a White House- backed bid to renew unemployment benefits for 1.3 million Americans.
Jan 3- Privately held Cox Enterprises Inc, owner of the third largest cable operator in the United States, said on Friday it would acquire the 25 percent stake it does not already own in AutoTrader Group Inc, the online car marketplace operator.
BOSTON/ NEW YORK, Jan 3- A heavy snowstorm and dangerously cold conditions gripped the northeastern United States on Friday, delaying flights, paralyzing road travel and closing schools and government offices across the region.
NEW YORK/ BOSTON, Jan 3- A major snowstorm producing blizzard-like conditions hammered the northeastern United States on Friday, causing 2,000 U.S. flight delays and cancellations, paralyzing road travel, and closing schools and government offices.
The wide storm system stretches from the lower Mississippi Valley to the Atlantic coast, with parts of New England including Boston bracing for as much as 14 inches of snow by Friday morning.
WASHINGTON, Dec 27- President Barack Obama and Democrats will make a major push when Congress returns Jan. 6 to renew expired benefits for the unemployed and will seek to pressure Republicans over the issue by painting them as uncaring toward the middle class. With Congress in recess, no last-minute fix is possible.
HONOLULU, Dec 27- President Barack Obama called Senator Jack Reed, Democrat of Rhode Island, and Senator Dean Heller, Republican of Nevada, on Friday to back their proposal to extend emergency unemployment benefits for three months. A vote on the Reed/Heller bill is likely in early January, when the U.S. Senate returns from recess.
Top White House economic adviser Gene Sperling said in a statement issued on Friday that a failure to renew emergency jobless benefits would harm the economy and he urged Congress to move quickly to pass a short-term extension of the aid.
WASHINGTON, Dec 24- The U.S. government said it was still processing thousands of sign-ups for health insurance under President Barack Obama's signature healthcare law on Tuesday as Americans made a final rush to obtain medical coverage in time for New Year's Day.