*General Dynamics, Northrop beat profit estimates. *General Dynamics reports higher aerospace orders. July 23- U.S. weapons makers General Dynamics Corp and Northrop Grumman Corp raised their 2014 profit forecasts as cost cutting allowed them to improve profitability even as defense spending by the U.S. government remained low.» Read More
WASHINGTON— The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. The Senate voted 93-7 to begin debating the bill, which would prevent companies from deducting expenses related to moving operations to a foreign country.
I would bet inflationistas a truckload of scarce limes that inflation pressures are temporary and inflation is about to fall, says Ron Insana.
BoE officials discussed the case for an early interest rate rise, but there were concerns about hurting the recovery.
BOSTON— A multi-agency task force in Massachusetts charged with recovering money lost in the underground economy has collected more than $15.6 million. Massachusetts Labor Secretary Rachel Kaprielian said the money included unpaid wages, back taxes, unemployment insurance premiums, fines and penalties.
Marc Faber, Publisher, The Gloom, Boom & Doom Report, says stock markets have a "good chance of crashing" later this year. He also defends his past predictions.
Zach Pandl, Portfolio Manager & Strategist at Columbia Management Investment Advisers, says underlying inflation trends in the U.S. remain benign and explains what that means for Fed's policy.
WASHINGTON— Two federal appeals courts issued conflicting rulings Tuesday in a dispute involving crucial financing for President Barack Obama's health care law.
LANSING, Mich.— Michigan on Tuesday approved state incentives for nine economic development projects expected to bring about 3,900 jobs, nearly half from General Motors consolidating engineering jobs from outside the state at a site in Michigan.
Discussing Verizon's earnings and which telecom stocks are a buy, with Jennifer Fritzsche, Wells Fargo Securities analyst.
CNBC's Morgan Brennan reports Barclays analyst Amir Rozwadowski says the telecommunications sector is trading at its largest valuation discount to the broader market in over a decade.
Discussing the best places to invest right now, with Mike Holland, Holland & Co. chairman, and Kenny Polcari, O'Neil Securities director.
Detroit may be moving to resolve its pension crisis, but New Jersey's pension problems are just heating up.
A separate US appeals court upheld a federal regulations that implemented subsidies that are vital to President Obama's healthcare overhaul.
RALEIGH, N.C.— An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks.
*EU threatens Russia with more sanctions, but words ring hollow. NEW YORK, July 22- U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.
It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.
In that first ruling, a divided three-judge panel in Washington called into question the subsidies that help millions of low- and middle-income people afford their premiums, saying financial aid can be provided only in states that have set up their own insurance markets, or exchanges.
SAN FRANCISCO— San Francisco lawmakers narrowly agreed Tuesday to place a 2- cent- per-ounce tax on sugary drinks on the November ballot, a move that promises to turn the election into an expensive fight between the beverage industry and public health advocates.
*France has until 2015 to bring its deficit to 3 pct of GDP. PARIS, July 22- France will not accelerate cuts in public spending even though disappointing growth could make it difficult to meet EU fiscal targets, President Francois Hollande said.
Boards have long shunned speaking with investors. Now, they are being pressed to open up. The NYT reports.
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