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Senate defeats proposal to trim food stamp program

June 20, 2012 • BusinessComments Off

Senate Minority Leader Sen. Mitch McConnell, R-Ky., center, speaks to the media on Capitol Hill in Washington Tuesday, June 19, 2012. Others are Sens. John Cornyn, R-Texas, right, and John Barrasso, R-Wyo. (AP Photo/Manuel Balce Ceneta) WASHINGTON (AP) — The Senate on Tuesday began plowing through 73 amendments to a $500 billion bill that will [&hellip...

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Dimon faces tougher questions on $2B trading loss

June 20, 2012 • BusinessComments Off

Jamie Dimon, CEO of JPMorgan Chase, testifies before the House Financial Services Committee on Capitol Hill in Washington, on Tuesday, June 19, 2012. (AP Photo/Jacquelyn Martin) WASHINGTON (AP) — JPMorgan Chase CEO Jamie Dimon had a much tougher reception...

Microsoft's long and tortured history in tablets

June 20, 2012 • BusinessComments Off

FILE- In an Oct. 21, 2003 file photo, a Dell Axim personal digital assistant, based on Microsoft’s Pocket PC operating system, is shown in New York. For decades, the tablet computer was like a mirage in the technology industry: a great idea, seemingly...

Millions still go without insurance if law passes

June 20, 2012 • BusinessComments Off

In this Wednesday, May 30, 2012, photo, Angela Laws poses for a photo in Leesburg, Va. Laws, 58, runs a small business that cleans and maintains commercial buildings and figures that she’ll remain uninsured if she can’t find an affordable coverage...

Greek coalition talks to enter 2nd day

June 19, 2012 • BusinessComments Off

A man walks as above screens showing rising stocks in green as he is reflected in the chart with stock prices at the Greek Stock Exchange in Athens, on Monday , June 18, 2012. In Athens, stocks lost initial strong gains but were still 4.5 percent up in...

Saudi Arabia names defense minister crown prince

June 19, 2012 • BusinessComments Off

In this Wednesday, May 2, 2012 photo, Prince Ahmed bin Abdul-Aziz arrives before the Interior ministers of the Gulf Cooperation Council “GCC” meeting in Riyadh, Saudi Arabia. Prince Ahmed was promoted from deputy interior minister to take...

Feds say design flaw led to Calif. nuke plant woes

June 19, 2012 • BusinessComments Off

In this Sunday, June 17, 2012 photo, Elmo Collins, regional administrator of the Nuclear Regulatory Commission, speaks during an interview in San Juan Capistrano, Calif. The NRC is holding a public meeting to discuss the state of the San Onofre nuclear power...

California Dems resist Gov. Brown's welfare plans

June 19, 2012 • BusinessComments Off

State Senate President Pro Tem Darrell Steinberg, D-Sacramento, ponders a question about the state budget while talking with reporters at the Capitol in Sacramento, Calif., Monday, June 18, 2012. Despite having passed a spending plan, Friday, Steinberg and...

Republicans want food stamps cut in big farm bill

June 19, 2012 • BusinessComments Off

FILE – In this Sept. 8, 2011 file photo, Sen. Jeff Sessions, R-Ala., talks to the media before a joint session of Congress on Capitol Hill in Washington. (AP Photo/Manuel Balce Ceneta) WASHINGTON (AP) — The 1,000-page “farm bill” being...

Feds expand Toyota fire probe to 1.4M autos

June 19, 2012 • BusinessComments Off

FILE- In this Nov. 26, 2006, file photo, unsold 2007 RAV4 sports-utility vehicles are shown on the lot of a Toyota agency in the east Denver suburb of Aurora, Colo. The U.S. government said Monday, June 18, 2012, that it has expanded an investigation into...