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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, Dec 19- The International Finance Corp, the World Bank's private sector arm, plans to issue local currency bonds in 10 African markets from next year to build capital in one of the world's fastest growing regions.
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Dec 19- FedEx Corp's fiscal 2013 profit forecast presumes that the White House and lawmakers in Washington reach a deal to avoid the year-end "fiscal cliff" of higher taxes and sharp cuts to government spending.
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WASHINGTON, Dec 19- U.S. permits for future home construction set their fastest pace in nearly 4-1/ 2 years in November, pointing to underlying strength in the housing market, even as starts dropped after three straight months of strong gains.
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LONDON, Dec 19- European shares scaled fresh 18- month highs on Wednesday, boosted by banks, as expectations built that a budget deal will be reached in Washington.
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Ratings firm Fitch warned on Wednesday there was an increased likelihood it would strip the U.S. of its triple-A status if Washington does not prevent $600 billion of spending cuts and tax hikes from kicking in early next year.
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LONDON, Dec 19- Ratings firm Fitch warned on Wednesday there was an increased likelihood it would strip the U.S. of its triple-A status if Washington does not prevent $600 billion of spending cuts and tax hikes from kicking in early next year.
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mission in Benghazi, Libya was grossly inadequate to deal with a Sept. 11 attack that killed a U.S. ambassador and three others because of failures within the State Department, an official inquiry found on Tuesday.
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TOKYO, Dec 19- Surging stock prices helped push benchmark Japanese government bond yields to a nearly 7- week high, though market participants said some dip-buying emerged to limit losses.
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*Earlier rules developed in pre-smartphone era. *Photos, videos, audio files, IP addresses now covered. WASHINGTON, Dec 19- U.S. regulators are taking steps to protect the privacy of children when they go online by requiring parental consent before companies can collect certain information, the Federal Trade Commission said on Wednesday.
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The White House rejected the Republicans' proposal, known as "Plan B," because it does not do enough to raise taxes on the wealthy or address spending cuts needed to tame the country's $16 trillion debt.
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WASHINGTON, Dec 19- President Barack Obama said on Wednesday he is still optimistic that a deal is possible to avert impending tax hikes and automatic spending cuts, but said he is puzzled that Republicans have not yet accepted his plan.
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WASHINGTON, Dec 19- Senior administration officials on Wednesday said a Republican plan to vote on extending tax cuts for all but those making $1 million or more has brought fiscal cliff negotiations to a standstill.
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No sign of progress in Washington to reach a budget deal to avert $600 billion of tax increases and spending cuts before the end of the year also encouraged the bid for safe-haven U.S. government debt.
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SEOUL, Dec 19- Business sentiment among Asia's top companies improved slightly in the fourth quarter, reversing two consecutive quarters of declines, while global economic uncertainty remained the biggest concern for the region's firms, a Thomson Reuters/ INSEAD survey showed.
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*Pentagon would have base budget of $527.5 billion. WASHINGTON, Dec 18- U.S. lawmakers merged the competing House and Senate versions of the annual defense policy bill on Tuesday, approving a measure that authorizes $633.3 billion in defense spending for 2013, expands U.S. sanctions on Iran and strikes restrictions on biofuel use.
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*White House warned measure could harm ties with allies. WASHINGTON, Dec 18- House of Representatives and Senate negotiators on Tuesday defied the White House and passed a defense budget bill that bans funding for the final year of a joint ground-based missile defense program with Italy and Germany.
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The SEC's report was required by a provision known as the "Franken" amendment in the 2010 Dodd-Frank Wall Street reform law.
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*Change could save $112 bln in Social Security through 2021. Now Washington is considering changes to the way it calculates increases in the cost of living that would slow down gains in monthly Social Security payments to seniors, effectively hitting their income.
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BOSTON/ SAN FRANCISCO, Dec 18- Technology giant Oracle Corp said software sales growth will stay strong into the new year despite a looming fiscal crisis that investors have worried could cause a slump in IT spending.
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The SEC's report was required by a provision known as the "Franken" amendment in the 2010 Dodd-Frank Wall Street reform law.