Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Jan
03

Sandy Hook students resume classes for first time school shooting

A sign welcoming Sandy Hook students is displayed across the street from Chalk Hill School. (Dylan Stableford)MONROE, Conn.--Sandy Hook School students--many accompanied by their parents--resumed classes at a retrofitted school here on Thursday morning, less than a month after a gunman opened fire at their elementary school in Newtown, killing 20 children and 6 adults, including principal Dawn Hochsprung,...
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Sandy Hook kids return to school for first time since attack

NEWTOWN, Connecticut (Reuters) - Hundreds of the children who escaped the harrowing attack on their elementary school in Newtown, Connecticut, last month head back to classes on Thursday for the first time since a gunman killed 20 of their schoolmates and six staff members. School officials are preparing for droves of anxious parents to join the fleet of buses carting children to a disused...
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Jan
02

Tax deal in place to avert fiscal cliff, Congress gets ready for fights

WASHINGTON (AP) — Congress' excruciating, extraordinary New Year's Day approval of a compromise averting a prolonged tumble off the fiscal cliff hands President Barack Obama most of the tax boosts on the rich that he campaigned on. It also prevents House Republicans from facing blame for blocking tax cuts for most American households, though most GOP lawmakers parted ways with Speaker John Boehner...
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Tax deal passes, averts the fiscal cliff

House Majority Leader Eric Cantor, R-Va., left, with Speaker of the House John Boehner, R-Ohio, head into a closed-door …Updated 11:38 pm ETThe House of Representatives late Tuesday easily approved emergency bipartisan legislation sparing all but a sliver of America’s richest from sharp income tax hikes -- while setting up another “fiscal cliff” confrontation in a matter of weeks.Lawmakers voted...
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Jan
01

Senate passes 'cliff' deal, House up next

With 2013 just over two hours old, the Senate voted 89-8 on Tuesday to approve a last-minute deal to avert income tax hikes on all but the richest Americans and stall painful spending cuts as part of a hard-fought compromise to avoid the economically toxic “fiscal cliff.”The country had already technically tumbled over the cliff by the time the gavel came down on the vote at 2:07 a.m.. The House of...
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Senate passes 'fiscal cliff' deal, House up next

With 2013 just over two hours old, the Senate voted 89-8 on Tuesday to approve a last-minute deal to avert income tax hikes on all but the richest Americans and stall painful spending cuts as part of a hard-fought compromise to avoid the economically toxic “fiscal cliff.”The country had already technically tumbled over the cliff by the time the gavel came down on the vote at 2:07 a.m.. The House of...
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Dec
31

Progress seen in last-minute debt talks

WASHINGTON (AP) — Working against a midnight deadline, negotiators for the White House and congressional Republicans in Congress narrowed their differences Monday on legislation to avert across-the-board tax increases.Congressional officials familiar with talks between Vice President Joe Biden and Senate Republican leader Mitch McConnell said one major remaining sticking point was whether to postpone...
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Markets calm despite looming fiscal cliff

LONDON (AP) — Markets appeared Monday to be taking in stride the prospect that U.S. politicians will fail to agree a budget deal in time to avoid automatic tax increases and spending cuts that many economists think could tilt the world's largest economy back into recession.With just hours to go before the U.S. falls off the so-called "fiscal cliff," Republicans and Democrats remained divided over...
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Dec
30

Last-minute fiscal cliff talks in Senate

WASHINGTON (AP) — Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn of the new year as President Barack Obama warned that failure could mean a "self-inflicted wound to the economy."Obama chastised lawmakers in his weekly radio and Internet address for waiting until the last minute to try and avoid a "fiscal...
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Fiscal cliff deal would pale against expectations

WASHINGTON (AP) — Whether negotiated in a rush before the new year or left for early January, the fiscal deal President Barack Obama and Congress cobble together will be far smaller than what they initially envisioned as an alternative to purposefully distasteful tax increases and spending cuts.Instead, their compromise, if they do indeed cut a deal, will put off some big decisions about tax and entitlement...
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Dec
29

For Senate leaders, is a 'cliff' deal a mission impossible?

WASHINGTON (Reuters) - Following a Friday meeting with congressional leaders, an impatient and annoyed President Barack Obama said it was "mind boggling" that Congress has been unable to fix a "fiscal cliff" mess that everyone has known about for more than a year. He then dispatched Senate Majority Leader Harry Reid, a Democrat, and Minority Leader Mitch McConnell, a Republican, on a...
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Dec
28

A make-or-break moment for 'fiscal cliff' negotiations

WASHINGTON (AP) — Amid partisan bluster, top members of Congress and President Barack Obama were holding out slim hopes for a limited fiscal deal before the new year. But even as congressional leaders prepared to convene at the White House, there were no signs that legislation palatable to both sides was taking shape.The Friday afternoon meeting among congressional leaders and the president — their...
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Obama invites congressional leaders to 11th-hour ‘cliff’ talks

President Barack Obama waves to reporters as he steps off the Marine One helicopter and walks on the South Lawn …President Barack Obama will meet Friday at the White House with Republican House Speaker John Boehner and other congressional leaders in what could be a last-ditch effort to avoid the “fiscal cliff” that will see Americans' take-home pay plummet come Jan. 1.The meeting, confirmed by...
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Dec
27

Winter storm whips across Northeast

CONCORD, N.H. (AP) — A powerful winter storm brought snow to inland parts of the Northeast and driving rain and wind to areas along the coast Thursday, a day after it swept through the nation's middle, dumping a record snowfall in Arkansas and wrecking post-holiday plans for thousands of travelers.The storm, which was blamed for 12 deaths, pushed through the Upper Ohio Valley and made its way into...
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Winter storm whips into Northeast

CONCORD, N.H. (AP) — The death toll from a powerful winter storm that pushed through the nation's midsection into the Northeast has risen to 12.The storm has dropped about a foot in some parts of the Northeast Thursday, a day after it dumped a record snowfall in Arkansas and ruined holiday travel plans around the region.The National Weather Service says the Northeast's heaviest accumulations will...
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