U.S. President Barack Obama cut short his Hawaiian holiday and flew back to Washington Thursday as the deadline for avoiding the fiscal cliff comes down to the wire. If there is no deal by January 1, nearly every American will see his or her taxes go up, along with automatic government spending cuts. Economists fear […]
Obama Returns to Washington, House Called Back for Fiscal Cliff Negotiations
Obama Back in Washington For Fiscal Cliff Negotiations
U.S. President Barack Obama has returned to Washington, cutting short a vacation in Hawaii to tackle negotiations on preventing tax hikes and spending cuts from taking effect January 1. Democrats and Republicans have, so far, failed to reach an agreement on averting the so-called fiscal cliff. Senate Majority Leader Harry Reid says it appears the […]
Reid: US Appears to be Heading Over ‘Fiscal Cliff’
U.S. Senate Majority Leader Harry Reid says it appears the United States is headed over the so-called fiscal cliff in which automatic tax hikes and spending cuts take effect. Democrats and Republicans have, so far, failed to reach an agreement preventing changes on January 1. On the Senate floor Thursday, Reid blasted House Speaker John […]
Massive Storm Disrupts Travel in Northeastern US
A severe winter storm moved into the northeastern United States Wednesday, creating dangerous driving conditions for motorists and stranding thousands of travelers at airports. The storm spawned high winds, snow and sleet from New York state into Maine. Some states, including Pennsylvania and Massachusetts, received at least 30 centimeters of snow, prompting authorities to urge […]
Hawaii Governor Picks Lt. Governor to Succeed Inouye
Hawaii Governor Neil Abercrombie has appointed his lieutenant governor, Brian Schatz, to succeed the late U.S. Democratic Senator Daniel Inouye. Inouye was the senior member of the U.S. Senate when he died earlier this month at age 88. Schatz, who is 40 years old, is a former state representative and former state Democratic Party chairman. […]
Toyota Reaches $1.1 Billion Recall Deal
Japan’s Toyota Motor Corporation has reached a $1.1 billion settlement deal to resolve a class action lawsuit by U.S. vehicle owners whose cars suddenly and unintentionally sped up. A Toyota spokesman Wednesday said the deal includes direct payments to customers as well as the cost of retrofitting more than 3 million older cars with a […]
Northeast US Braces for Blizzard Conditions
U.S. weather forecasters are warning residents in parts of two states not to travel, as a severe winter storm moves in and creates dangerous, near-zero visibility conditions. The National Weather Service has issued blizzard warnings for parts of Indiana and Ohio, as a powerful storm moves east after bringing snow and tornadoes to the southern […]
Northeast US Braces for Blizzard Conditions
Parts of the U.S. are bracing for blizzard conditions, as a powerful storm moves east after bringing snow and tornadoes to the southern United States. Blizzard warnings are in effect for parts of Indiana and Ohio. The National Weather Service is advising people to stay off the roads, saying snow and strong winds could create […]