Jan 9- Facing anger from Congress and the American people, AIG Inc said on Wednesday it would not sue the U.S. government over terms of the company's multi-billion dollar bailout.
WASHINGTON, Jan 9- An outspoken Senate critic of the Federal Reserve said on Wednesday that he would reintroduce legislation to ban bankers from the boardroom of the 12 regional Fed branches, citing potential conflicts of interest.
Jan 9- The board of American International Group Inc decided on Wednesday not to join a lawsuit against the U.S. government over the terms of the company's bailout, following two days of fevered backlash from Congress and the public over the prospect.
Jan 9- The board of American International Group Inc met on Wednesday to consider a lawsuit against the U.S. government over the terms of the company's bailout, a discussion directors defended as their responsibility but one that critics condemned as the height of ingratitude.
*Apple shares fall after report on Samsung smartphones. *S&P 500 nears largest weekly gain in over year. NEW YORK, Jan 4- U.S. stocks advanced on Friday, putting the S&P 500 on track for its biggest weekly gain in over a year after a jobs report showed employers kept the pace of hiring steady in December.
*S&P 500 on track for double-digits gains for 2012. *Apple shares advance, lifting technology sector. The deal, which would still need to be approved by both the Senate and House of Representatives, would raise tax rates for individuals with annual income over $400,000 a year but permanently extend middle class tax cuts.
WASHINGTON, Dec 27- A powerful winter storm that has dumped a foot of snow on parts of the United States forced the cancellation of 457 flights on Thursday and threatened more havoc as it hit the New England states with fierce winds. The heaviest snow was falling on Pennsylvania, New York and New England, and winter storm warnings continued over a majority of the U.S.
*Materials taken from Connecticut server- lawsuit. NEW YORK, Dec 26- In a decision that could make it easier for businesses to police cybertheft in the workplace, a U.S. appeals court revived a chemical company's lawsuit accusing a former Toronto- area employee of using her home computer to steal trade secrets from its Connecticut server.
WASHINGTON, Dec 21- Alarm about an arcane provision that could send U.S. milk prices at the grocery store soaring, hurting millions of American households, has spurred calls for last-minute action on farm legislation that has been languishing for months.
Democratic President Barack Obama and his challenger, Republican Mitt Romney, dashed through a handful of swing states, stumping for votes on the last day of the race for the White House.
WATERBURY, Vt.-- Green Mountain Coffee Roasters has struck a deal with Costco to manufacture store-brand packs of coffee for the retailer. Green Mountain developed two blends for Costco's Kirkland Signature lines, a lighter breakfast blend and a darker roast.
The massive storm that started out as Hurricane Sandy slammed into the East Coast and morphed into a huge and problematic system, killing at least 75 people in the United States. Governor lifts state of emergency and authorizes National Guard to continue cleanup support. Governor sends forest rangers to New York City to help with recovery there.
On Tuesday, outages climbed to 32,045 megawatts, the highest since the refueling and maintenance season in May 2011, following the Fukushima nuclear disaster in Japan in March that year.
On Tuesday, outages climbed to 32,045 megawatts, the highest since the refueling and maintenance season in May 2011, following the Fukushima nuclear disaster in Japan in March that year.
New York, Philadelphia, Washington, Boston in its path. *New York, New Jersey, Amtrak transit systems to shut. The massive storm, which has already killed 66 people in the Caribbean, was headed toward a densely populated region that includes Washington, New York and Boston and its effects could be felt for hundreds of miles, officials warned.
U.S. District Court Judge Christina Reiss rejected the argument made by New Orleans- based plant owner Entergy Corp. that the payment is not a tax and said federal court lacked jurisdiction over the case. Reiss granted the state's motion to dismiss the case saying, Entergy's challenge "could be brought directly in Vermont's state courts."
MONTPELIER, Vt.-- Vermont Emergency Management officials are warning people across the state to prepare for the possible arrival of what is now Hurricane Sandy churning up the East Coast. The brunt of the storm is expected to hit the New York- New Jersey area Tuesday, but its effects could be felt through much of next week.
*CEOs demand Congress find debt solution. WASHINGTON, Oct 25- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.
*Landfall anywhere from mid-Atlantic to Canada. Oct 25- As Hurricane Sandy makes its way toward the eastern seaboard of the United States, disaster experts and meteorologists warn that the mid-Atlantic and Northeastern states face dangerous winds and heavy rains that could trigger flooding in the coming days.
PITTSBURGH-- A new report from the College Board says Pennsylvania has the fourth-highest in-state tuition charges in the nation for four-year public universities. The Penn State University Park campus topped the list nationally with in-state tuition and fees totaling more than $17,200 for the current class.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.