WASHINGTON— It's been a year of relative peace in Washington's budget battles. But on Monday, President Barack Obama will lay out a $4 trillion budget that needles Republicans with proposals for higher taxes on the wealthy and businesses to pay for education, public works projects and child care. The plan is expected to be dismissed by GOP lawmakers now running...» Read More
New Jersey residents receiving Medicaid benefits may find it easier to get care at home rather than move into a nursing home, under changes state officials are planning since getting federal approval to make them. The state will receive the same amount of money from the federal Medicaid program _ more than $5 billion per year.
MEDINA, Ohio-- RPM International Inc. said Thursday that its board raised the company's regular quarterly cash dividend by 1 cent, to 22.5 cents. The new dividend, which represents a 4.7 percent increase, will be paid on Oct. 31 to shareholders of record as of Oct. 15. Shares of the Medina, Ohio- based rose 19 cents to $27.21 in afternoon trading.
JEFFERSON CITY, Mo.-- Republican Senate candidate Todd Akin on Thursday released a decade's worth of federal financial reports he has updated with nearly $130,000 in state pension income that he received, but failed to disclose, over that time.
DETROIT-- A fundraiser for Kwame Kilpatrick told jurors Thursday that she regularly pulled money from her bra to pay kickbacks to the then- Detroit mayor, whom she considered like her own son. Emma Bell at times struggled as she explained her dealings with Kilpatrick.
The announcement was made in a two-paragraph statement from the NHL. Unable to work out how to split up $3 billion in hockey-related revenues with the players' association, the NHL wiped out 82 games from Oct. 11 through Oct. 24 _ beginning with four next Thursday, which would have been the league's opening night.
SAO PAULO-- Fire forced the shutdown of a transformer in a substation, causing a 30- minute-long power outage in five Brazilians states, the country's Electric Energy System Operator said Thursday. "There was no blackout, but a preventive and controlled shutdown," agency director Hermes Chipp told reporters.
NEW YORK-- Shares of Given Imaging Ltd. rose Thursday, after the Israeli maker of pill-sized diagnostic cameras said it acquired a U.S.-based gastrointestinal diagnostics company.
HMS Holdings Corp.' s shares plunged Thursday after the healthcare benefits coordinator lowered its guidance. The company now expects to earn 55 to 60 cents per share for the year, down from its prior forecast of 58 to 64 cents per share. It dropped its annual revenue forecast to $480 million to $490 million, from a prior range of $500 million to $515 million.
Two people blinded in Washington, D.C., in 2005. Three dead in Virginia in 2006 and three more in Oregon the following year. Twenty-one dead polo horses in Florida in 2009. Earlier this year, 33 people in seven states with fungal eye infections. Unlike manufactured drugs, these products are not subject to approval by the Food and Drug Administration.
JOPLIN, Mo.-- Joplin will receive $2.4 million in federal funding to deal with soil contamination stirred up by the May 2011 tornado, the Environmental Protection Agency said Thursday.
"Saturday Night Live," Jimmy Fallon, Piers Morgan, the "Today" show and "Good Morning America" all asked for appearances from the "Sesame Street" character on Thursday after he was unexpectedly thrust into the presidential campaign by Mitt Romney.
NEW YORK-- Shares of NuVasive Inc. lost about a third of their value Thursday after the spinal device maker said its third-quarter revenue will come up short of its previous estimates. THE SPARK: After the market closed Wednesday, NuVasive said it expects about $147 million in revenue in the third quarter.
LEAVING LEGACIES: Life histories, ethical wills-- sometimes called "family love letters"-- video recordings and other forms of personal legacies are increasing in popularity among retirees who want to share them with loved ones.
CHICAGO-- A growing number of retirees are looking to pass along more to the next generation than money and possessions. "There's an element regarding money, but it is really more about affirming your life as a legacy," says Neal Van Zutphen, a certified financial planner in Mesa, Ariz..
DAYTONA BEACH, Fla.-- International Speedway Corp. said Thursday it posted a $1 million third-quarter loss, hurt by a double-digit drop in revenue stemming from the shifting of race dates and a continued drop in ticket sales stemming from the sluggish economy.
Macy's revenue at stores open at least a year rose 2.5 percent in September, while analysts expected a gain of 3.3 percent. Shares of Macy's rose 34 cents to $39.83. Kohl's Corp.' s revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing.
WASHINGTON-- The Federal Reserve structured its latest stimulus program around the purchase of mortgage bonds after members agreed that helping a nascent housing recovery was a good way to lift the broader economy. The Fed has already purchased more than $2 trillion in bonds since the 2008 financial crisis.
FALLING DEMAND: Orders to U.S. factories fell in August from July, mostly because of a sharp drop in volatile aircraft orders. Orders dropped 5.2 percent, the biggest decline in more than three years. Aircraft orders plunged 102 percent.
The figures released Thursday by the National Association of Independent Colleges and Universities highlight some of the complexities within an overall trend of rising college costs. The list price at private colleges remains substantially higher than at publics _ $29,230 this fall compared to a bit over $8,000 last year at public institutions.