Posts Tagged Government business and finance

Obama wants limits on US company mergers abroad

President Barack Obama speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip. Striking a populist stand ahead of the midterm elections, Obama is demanding "economic patriotism" from American corporations that seek overseas mergers to avoid U.S. taxes. Obama and congressional Democrats are pushing to severely limit such deals, a move resisted by Republicans who argue the entire corporate tax code needs an overhaul. (AP Photo)

LOS ANGELES (AP) — Staking out a populist stand ahead of the midterm elections, President Barack Obama on Thursday demanded “economic patriotism” from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.

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FAA lifts ban on US flights to Tel Aviv airport

WASHINGTON (AP) — The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.

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House, Senate chairs offer competing bills on VA

Sen. Bernie Sanders, I-Vt., right, with Sen. Richard Blumenthal, D-Conn., speaks during a news conference on Capitol Hill in Washington, Thursday, July 24, 2014, on the Veterans Administration. The chairmen of the House and Senate Veterans Affairs committees offered competing new proposals to fix a veterans health care program scandalized by long waits and falsified records covering up the delays. (AP Photo)

WASHINGTON (AP) — With Congress scheduled to recess in a week, the chairmen of the House and Senate Veterans Affairs committees offered competing proposals Thursday to fix a veterans’ health care program scandalized by long patient wait times and falsified records covering up the delays.

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US stock futures rise as investors weigh earnings

The New York Stock Exchange is shown, in this Aug. 9, 2011 file photo taken in New York. World shares were rattled Thursday July 24, 2014 by reports the European Union is weighing stiffer financial sanctions against Russia.  .(AP Photo/Mark Lennihan, File)

NEW YORK (AP) — Stocks were unable to hold their earlier gains as trading wound down Thursday. Investors reacted to quarterly results from companies across several industries, including Facebook, Ford and Caterpillar.

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Texas governor’s startup fund is not all it seems

Texas Gov. Rick Perry talks to the media before speaking to a meeting of local party activists, in this July 19, 2014 file photo taken in Algona, Iowa. Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation’s second most-populous state. An Associated Press review of the program found that one of the companies actually operates in California. Some have stagnated trying to find more capital. A few have even forfeited their right to do business in Texas by not filing tax reports. (AP Photo/Charlie Neibergall, File)

AUSTIN, Texas (AP) — Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation’s second most-populous state.

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