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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, May 22- Pension funds- those old guaranteed-benefit retirement plans your grandma might have told you about- outperform those in 401 plans year after year, according to new research from consulting company Towers Watson.
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By Kim Dixon and Patrick Temple-West. WASHINGTON, May 22- The Internal Revenue Service official at the center of a scandal about extra tax scrutiny of conservative groups told Congress on Wednesday she had done nothing wrong but invoked her constitutional right not to answer questions.
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WASHINGTON, May 22- The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.
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WASHINGTON, May 22- Major U.S. trade legislation appears increasingly likely to clear Congress this year despite an intensely partisan atmosphere made worse by scandals plaguing President Barack Obama's administration.
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WASHINGTON, May 22- Boeing Co is 90 percent finished with retrofits of the battery system on its 787 Dreamliner and should finish the rest by next week, Ray Conner, president of the company's commercial airplane division, told an investor conference on Wednesday.
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WASHINGTON, May 22- The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.
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WASHINGTON, May 22- Boeing Co is 90 percent finished with retrofits of the battery system on its 787 Dreamliner and should finish the rest by next week, Ray Conner, president of the company's commercial airplane division, told an investor conference on Wednesday.
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WASHINGTON, May 22- Boeing Co's defense division expects to continue growing its research and development spending and operating margins in coming years, regardless of what happens with top line revenues, the head of Boeing Defense Space and Security said on Wednesday.
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WASHINGTON, May 22- The Federal Reserve's monetary stimulus is helping the U.S. economy recover, and the central bank needs to see further signs of traction before taking its foot off the gas, central bank chairman Ben Bernanke said on Wednesday.
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WUXI, China/ HONG KONG, May 22- Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion, at the start of a debt restructuring process expected to last months.
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WASHINGTON, May 22- U.S. home resales rose in April to the highest level in nearly 3-1/ 2 years as surging prices lured sellers back into market, which should support the housing sector and the overall economic recovery.
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LONDON, May 22- The U.S. government has signed an antibiotics development deal worth up to $200 million with GlaxoSmithKline to tackle the dual threats of drug resistance and bioterrorism.
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Veterans Affairs, Homeland Security and the Pentagon would be spared under the plan approved by the House Appropriations Committee on a party-line vote, but legislation responsible for federal firefighting efforts and Indian health care would absorb a cut of 18 percent below legislation adopted in March.
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WASHINGTON-- President Barack Obama believes journalists shouldn't be prosecuted for doing their jobs, the White House said Tuesday, showing solidarity with First Amendment advocates alarmed by a pair of high-profile federal probes into national security leaks.
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PARIS, May 22- IMF chief Christine Lagarde will be questioned by a French magistrate 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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DUBLIN, May 22- Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.
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May 22- When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc. Experian looked at 750,000 credit reports, a sample of what it collected nationwide, and found that while women earn 23 percent less than men, they know how to handle debt.
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Lois Lerner, the IRS official at the center of the political targeting scandal plans to assert her constitutional right not to answer questions from a congressional committee.
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LONDON, May 22- The U.S. government has signed an antibiotics development deal worth up to $200 million with GlaxoSmithKline to tackle the dual threats of drug resistance and bioterrorism.
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SEOUL/ BEIJING- North Korea sent one of its top military officials as a "special envoy" from its leader Kim Jong- un to Beijing on Wednesday, accompanied by a high-powered delegation in what appeared to be a bid to mend frayed relations with its most important ally.