Washington DC


  • It puts a check on the administration, prevents the introduction of combat boots on the ground, requires very close monitoring by the Congress, all along the way, "said Kentucky Republican Representative Hal Rogers, chairman of the House Appropriations Committee.

  • US labor board orders CNN to rehire fired workers Monday, 15 Sep 2014 | 7:27 PM ET

    WASHINGTON— The National Labor Relations Board ruled against the CNN cable television network on Monday in an 11- year-old labor dispute, ordering the network to rehire or compensate about 300 former workers.

  • Sept 15- The top U.S. auto safety regulator harshly criticized General Motors Co for not promptly reporting and recalling cars now linked to at least 19 deaths and said he has been meeting with top global automakers to develop a "new normal" for safety recalls.

  • WASHINGTON, Sept 15- Lockheed Martin Corp on Monday said it has delivered the next version of the computer-based logistics system used to support the F-35 fighter jet to the U.S. military for flight testing.

  • Business Highlights Monday, 15 Sep 2014 | 5:46 PM ET

    'Minecraft' could boost Microsoft's mobile reach. NEW YORK— Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company. In addition, the founders of Mojang, the Swedish company behind "Minecraft," aren't staying with Microsoft.

  • NEW YORK, Sept 15- A former trader at Amaranth Advisors who oversaw its energy desk when the hedge fund collapsed in 2006 has agreed to pay $750,000 to resolve a U.S. regulator's lawsuit accusing him of attempting to manipulate natural gas futures prices.

  • BEIJING, Sept 16- A signboard at the top of a staircase in the ageing Beijing offices of the National Development and Reform Commission directs lawyers and company officials to numbered conference rooms for antitrust meetings.

  • Rates mixed at weekly US Treasury bill auction Monday, 15 Sep 2014 | 4:39 PM ET

    WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills dropping to the lowest level in nearly a year while rates on six-month bills were unchanged. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, down from 0.020 percent last week.

  • OTTAWA, Sept 15- G20 finance ministers and central bankers meeting in Australia this weekend will likely discuss what Europe can do to stimulate growth, and it will be natural to turn to Germany to do its part, a senior Canadian official said on Monday.

  • Figures on government spending and debt Monday, 15 Sep 2014 | 4:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • WASHINGTON/ LONDON, Sept 14- Washington said countries in the Middle East had offered to join air strikes against Islamic State militants and Australia said it would send troops, but Britain held back even after the group beheaded a British hostage and threatened to kill another.

  • The comments, whose flow has tested and at times overwhelmed the FCC's systems, continued to be received as the deadline for submissions to the official record approached at the end of the day, said FCC spokeswoman Kim Hart.

  • *Fed meeting, Scotland independence vote major risks ahead. NEW YORK, Sept 15- The dollar rose against major currencies on Monday, bolstered by expectations the Federal Reserve this week will acknowledge anew improvements in the U.S. economy and provide fresh details about the U.S. central bank's looming tightening policy.

  • Once-troubled reverse mortgages poised for rebound Monday, 15 Sep 2014 | 2:43 PM ET

    Industry analysts expect strong growth as the housing market improves, particularly in once hard-hit Sun Belt areas including Phoenix, Miami and San Diego, California, and aging Americans find value in growing old in their homes. They are also being boosted by high-appreciation, gentrifying neighborhoods in older cities such as New York's Brooklyn borough.

  • Hops growers in Yakima Valley face worker shortage Monday, 15 Sep 2014 | 2:41 PM ET

    But with seasonal workers scarce across the Yakima Valley, Cervantes last week unloaded hop vines by hand into the picking machine, an exhausting, dusty, entry-level task.

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • Video-streaming giant Netflix launches in France Monday, 15 Sep 2014 | 2:24 PM ET

    PARIS— Video-streaming giant Netflix has launched in France as part of a push to tap six new European markets. He said he was proud that Netflix was in France because filmmaking was an "integral part of French culture."

  • The FCC plans several workshops in coming weeks on technological, economic and legal aspects of the rules, which will be open to the public in Washington and will be streamed live online. People can submit comments to FCC staff by email and on Twitter.

  • Supermarkets launch anti-bottle deposit campaign Monday, 15 Sep 2014 | 1:40 PM ET

    BOSTON— Supermarket chains are launching a television ad campaign to try to persuade voters to reject a ballot question that would expand Massachusetts' bottle deposit law to include bottled water and other non-carbonated beverages.

  • Speculation swirls over Fed language on rate hike Monday, 15 Sep 2014 | 12:58 PM ET

    WASHINGTON— When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words:. The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed's first increase in interest rates since it cut them to record lows in 2008..