×

Top News & Analysis Washington DC

  • WASHINGTON, Nov 1- A Federal Trade Commission staff report has recommended that the government sue Google for violating U.S. antitrust law because it asked courts to stop the sale of some products that infringe its essential patents, a source told Reuters Thursday.

  • GREEN BAY, Wisconsin- President Barack Obama and Republican Mitt Romney were back on the attack on Thursday, breaking a storm-induced campaign truce to hit the road and pound home their closing messages in the final stretch of a tight battle for the White House.

  • WASHINGTON, Nov 1- U.S. companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labor market just days before a presidential election that could hinge on the economy. Private employers added 158,000 workers last month, the biggest gain since February, payrolls processor Automatic Data Processing said.

  • WASHINGTON, Nov 1- A U.S. government agency has withdrawn a report that challenged Republican ideas about taxes and economic growth- an action that drew fire from Democrats who accused it on Thursday of bowing to political pressure.

  • DETROIT, Nov 1- Superstorm Sandy's fury caused U.S. auto sales to fall short of expectations in October, but industry executives still see a strong fourth quarter as the housing market improves.

  • WASHINGTON, Nov 1- The World Bank said on Thursday it had earmarked $245 million in credit lines and grants for Myanmar under an 18- month work plan that will focus on budget, regulatory and private sector reforms.

  • *Bair renews backing for ideas like ending $1 per share. *Fund firms seek compromise for oversight of $2.5 trillion industry.

  • *Yen dips as risk appetite increases, Japan outlook weighs. NEW YORK, Nov 1- The U.S. dollar rose against the yen, while commodity-linked currencies also firmed on Thursday as risk appetite improved after better-than-expected U.S. jobs data, which suggested the world's largest economy was on a more stable path to recovery.

  • WASHINGTON, Nov 1- The federal government will cover 100 percent of emergency power and public transportation costs through Nov. 9 for the areas of New York and New Jersey that were hit hard by superstorm Sandy, officials said on Thursday.

  • WASHINGTON, Nov 1- CACI International Inc's shares surged more than 7 percent on Thursday after the U.S. government contractor said it expects to continue to grow in its current fiscal year despite the challenging U.S. budget environment.

  • WASHINGTON, Nov 1- CACI International Inc's shares surged more than 5 percent on Thursday, a day after the provider of services and systems to the U.S. government reported strong quarterly earnings and said it expects to continue to grow despite the difficult U.S. budget environment.

  • WASHINGTON-- Amtrak may resume service between New York City and Boston on Friday if commuter rail tracks damaged by Superstorm Sandy are repaired in time, Joseph Boardman, the railroad's president, said late Thursday. The storm flooded two train tunnels under the Hudson River and four under the East River.

  • WASHINGTON, Nov 1- Wells Fargo has gone to court to challenge a financial-crisis lawsuit recently brought against it by the Justice Department, saying a prior multi-bank $25 billion mortgage settlement already cleared it of some liability.

  • *Ford October sales edge up; Toyota's up 16 pct. While General Motors Co and Chrysler Group LLC both reported their strongest sales for October since the 2007-09 financial crisis, the massive storm that hit the U.S. East Coast took as much as 30,000 vehicle sales out of the mix.

  • WASHINGTON, Nov 1- CACI International Inc's shares surged more than 5 percent on Thursday, a day after the provider of services and systems to the U.S. government reported strong quarterly earnings and said it expects to continue to grow despite the difficult U.S. budget environment.

  • At the heart of the problem is the fact that Sandy has devastated the energy industry's ability to move fuel into and around the New York City region, particularly the harbor, by any of the three means that normally supply the area: tanker imports from abroad; pipeline shipments from the U.S. Gulf Coast; or refinery production from the mid- New Jersey area.

  • WASHINGTON, Nov 1- The federal government will cover 100 percent of emergency power and public transportation costs through Nov. 9 for the areas of New York and New Jersey that were hit hard by superstorm Sandy, according to the U.S. senators of the two states.

  • NEW YORK- Huge logistical problems from power failures and navigational hazards roil the massive New York Harbor oil hub in the wake of Hurricane Sandy, threatening widespread delays in fuel deliveries off the New York Mercantile Exchange's futures contracts (STORM-SANDY/CME-DELIVERIES, moving shortly, 800 words).

  • WASHINGTON, Nov 1- A coalition of hospitals sued the U.S. government on Thursday, claiming that private auditors hired to crack down on improper Medicare payments are denying hospitals hundreds of millions of dollars in legal payments for necessary care.

  • WASHINGTON-- The World Bank has approved $80 million in grant aid for Myanmar's rural poor and plans to lend it $165 million more in the coming 18 months. The Washington- based bank is re-engaging with Myanmar after a gap of two decades as its government undertakes economic and political reforms.