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Republicans target Health and Human Services Secretary Kathleen Sebelius for her soliciting of funds on behalf of a non-profit group, called Enroll America, from two private entities.
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WASHINGTON-- A jump in volatile commercial aircraft demand likely boosted U.S. orders for long-lasting manufactured goods in April. The Commerce Department will release the report at 8:30 a.m. EDT Friday. Economists at JPMorgan Chase believe the investment category will decline 0.5 percent in the April report.
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BRUSSELS/ HONG KONG, May 24- The European Commission rejected Chinese trade association statements that talks to resolve a dispute over allegations of dumping of solar panels had broken down, while Chinese comments highlighted risks the dispute could escalate.
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Obama's decision to nominate them roughly one month after SEC Chairwoman Mary Jo White was sworn in signals the administration is anxious to ensure the agency will have a full, five-member commission to complete its busy rulemaking agenda. The SEC is trying to complete rules required by the 2010 Dodd-Frank Wall Street reform law.
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WASHINGTON, May 23- President Barack Obama nominated two U.S. Senate aides on Thursday to serve as members of the Securities and Exchange Commission, the White House said in a statement. Kara Stein, who works for Democratic Senator Jack Reed of Rhode Island, would replace Democrat Elisse Walter.
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WASHINGTON, May 23- Lois Lerner, an Internal Revenue Service official at the center of the scandal over the agency's extra scrutiny of conservative groups, was put on administrative leave on Thursday after she refused to resign, a U.S. senator said. An IRS spokesman declined to comment on Lerner's status, citing privacy concerns.
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WASHINGTON, May 23- The wealthiest 20,000 U.S. farmers should pay more for taxpayer subsidized crop insurance, the Senate voted on Thursday, adopting a measure that blended deficit reduction, populism and farm program reform. It would expand by 5 percent in the Senate bill even as other farm, conservation and nutrition programs are cut by $24 billion over 10 years.
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WASHINGTON, May 23- U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in web display advertising, breaks antitrust law in how it handles some ad sales, a source told Reuters on Thursday.
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Markey's proposal differs from legislation approved by a Senate committee on Wednesday that would give the FDA oversight only over compounding pharmacies that make sterile products and ship them across state lines.
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*Pentagon report shows $4.5 bln drop in F-35 cost. WASHINGTON, May 23- The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while averting the huge cost increases seen on other weapons programs in recent years.
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WASHINGTON-- The Food and Drug Administration said Thursday it approved a new blood test from Roche to help doctors diagnose diabetes. The FDA said Roche's test is the first to be approved to diagnose the disease.
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WASHINGTON, May 23- Quebec will announce within weeks that it will launch its own public review of a proposed pipeline that would deliver crude oil from western Canada to eastern markets, its environment minister said Thursday.
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China's factory activity shrank for the first time in seven months in May, a survey showed, deepening fears that China's economic recovery has stalled and a sharper cooldown may be imminent.
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PARIS, May 23- IMF chief Christine Lagarde was questioned in court by French magistrates on Thursday over her role in a 285- million-euro arbitration payment made to a supporter of former president Nicolas Sarkozy.
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WASHINGTON, May 23- Former Goldman Sachs banker Neil Morrison agreed to pay $100,000 to settle charges for his role in a pay-to-play scheme involving a Massachusetts gubernatorial campaign, the largest such penalty paid by an individual, the U.S. Securities and Exchange Commission said on Thursday.
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WASHINGTON, May 23- The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said on Thursday.
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WASHINGTON, May 23- Quebec will announce within weeks that it will launch its own public review of a proposed pipeline that would deliver crude oil from western Canada to eastern markets, its environment minister said Thursday.
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China's factory activity shrank for the first time in seven months in May, a survey showed, deepening fears that China's economic recovery has stalled and a sharper cool down may be imminent..
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WASHINGTON, May 23- The Pentagon's annual report to Congress shows a decline of $4.5 billion or just over 1 percent in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said.
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NEW YORK, May 23- We are living in the age of the technocrats. From Washington to Frankfurt to Rome, technocrats have stepped in where politicians feared to tread, rescuing economies, or at least propping them up, in the process.
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In settling, ISS neither admitted nor denied the SEC allegations that it violated financial adviser rules designed to prevent misuse of material non-public customer information.