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Top News & Analysis Washington DC

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  • NEW YORK— Verizon and unions representing workers in nine states said employees will work without a contract as more negotiations are scheduled. Marc Reed, Verizon's chief administrative officer, said the company is "disappointed" it was unable to reach an agreement with the unions despite "six weeks of good faith bargaining and a very strong effort by the...

  • DANA POINT, Calif.— Billionaire industrialist and conservative political donor Charles Koch welcomed a group of roughly 450 like-minded fundraisers to one of his twice-annual conferences Saturday by challenging them to advocate for ending "corporate cronyism"- even if those policies help their businesses. The Koch brothers and their network of donors, many...

  • Aug 1- Thousands of Verizon Communications Inc workers on the U.S. East Coast could strike on Sunday with no sign of an agreement as contract negotiations with unions went to the wire, a union spokeswoman said on Saturday. Verizon spokesman Rich Young said: "At this point, we remain committed to continuing to negotiate in good faith with our unions."

  • Aug 1- Thousands of Verizon Communications Inc workers on the U.S. East Coast were poised to strike on Sunday after the company failed to reach agreement with unions as contract negotiations went to the wire, U.S. media reported on Saturday. The negotiations are continuing, Verizon spokesman Richard Young said on Saturday, according to Bloomberg.

  • WASHINGTON, Aug 1- Vice President Joe Biden, inspired in part by his late son, has been holding meetings at his Washington home to discuss challenging Hillary Clinton for the Democratic presidential nomination, the New York Times reported on Saturday. Times columnist Maureen Dowd also said Biden, 72, has been "having meetings at his Washington residence to...

  • Vice President Joe Biden (D-DE) (R) with his son Beau Biden in 2008.

    Vice President Joe Biden has begun to actively explore a presidential campaign, say several people who have spoken to Mr. Biden or his advisers.

  • WASHINGTON, Aug 1- Vice President Joe Biden, inspired in part by his late son, has been holding meetings at his Washington home to discuss challenging Hillary Clinton for the Democratic presidential nomination, The New York Times reported on Saturday. The 72- year-old vice president has been having meetings at his Washington residence to explore the idea of...

  • WASHINGTON— Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged in many corners of the economy: Inflation is ticking up.

  • FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada. Now, NextEra is opening its own coffers to support Right to Rise, the super PAC formed to help Bush's bid for the presidency. Kristy Campbell, a Bush campaign spokeswoman, denied any conflict of interest in Bush's relationship with NextEra.

  • Within a three-hour period Friday, the State Department made public more than 2,200 pages of emails sent from Clinton's personal account, her campaign released a letter from her personal doctor about her health and she unveiled eight years of tax returns. Meanwhile, Clinton herself was campaigning at the annual meeting of the National Urban League and...

  • LAHAINA, Hawaii— Trade ministers from a dozen Pacific Rim nations failed to reach a deal on a new trade agreement that would cover nearly 40 percent of the global economy, U.S. Japan's economic and fiscal policy minister, Akira Amari, said he thought a deal would be reached with one more meeting. It would also clarify and standardize trade rules, making it easier for...

  • Verizon strike possible as contract deadline looms Friday, 31 Jul 2015 | 5:56 PM ET

    WASHINGTON— Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier. Last week the Communication Workers of America announced that 86 percent of Verizon workers covered by the contract voted to strike in a recent poll, if a new agreement isn't reached.

  • BOSTON, July 31- The U.S. Food and Drug Administration on Friday advised hospitals not to use Hospira Inc's Symbiq infusion system, saying a security vulnerability could allow cyber attackers to take remote control of the system. Both the FDA and DHS said they know of no cases where such an attack has been launched, but the FDA said in its advisory that it strongly...

  • LAHAINA, Hawaii— Trade ministers from a dozen Pacific Rim nations made significant progress this week toward a new trade agreement that would cover nearly 40 percent of the global economy, U.S. It would also clarify and standardize trade rules, making it easier for companies to sell goods and services in the Pacific Rim. The talks have also covered establishing...

  • WASHINGTON— Democratic presidential candidate Hillary Rodham Clinton and her husband, former President Bill Clinton, earned more than $139 million between 2007 and 2014, according to eight years of federal income tax returns released by her campaign on Friday. The bulk of the Clintons' income came from speeches delivered to corporate and interest groups by...

  • CEO's $70K starting pay minimum sparks backlash Friday, 31 Jul 2015 | 4:25 PM ET
    Gravity Payments CEO Dan Price attends the Canoche Benefit for the RC22 Foundation on June 3, 2015 in Seattle.

    When Dan Price said he would set a minimum salary of $70K for his 120 employees, he didn’t foresee the turmoil it would cause, NYT reports.

  • Figures on government spending and debt Friday, 31 Jul 2015 | 4:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Business events scheduled for the coming month Friday, 31 Jul 2015 | 1:40 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for June, 10 a.m.. WASHINGTON— Commerce Department...

  • *Oil hit by bearish Reuters July survey on OPEC oil. *5 rigs added this week to U.S. oil rig count- Baker Hughes. NEW YORK, July 31- Oil prices fell on Friday, with U.S. crude looking set to post the largest monthly drop since the 2008 financial crisis after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut.

  • SPARKS, Nev.— Fifteen years after Nevadans voted to legalize it, medical marijuana was sold legally in the state for the first time Friday at a dispensary in a strip mall about 5 miles east of downtown Reno. Dressed in polo shirts, tie-dyes and button-downs, about 75 people with medical marijuana cards lined up outside Silver State Relief, between a sub shop and pizza...