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Senate votes to slow closing of post offices

April 26, 2012 • BusinessComments Off

Sen. Joe Lieberman, I-Conn., Sen. Susan Collins, R-Maine., Sen. Scott Brown, R-Mass., and Sen. Tom Carper, D-Del., speak about the Postal Reform Bill on Capitol Hill in Washington, Wednesday, April 25, 2012. (AP Photo/Charles Dharapak) WASHINGTON (AP) — The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give...

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Obama to kick off campaign rallies in Ohio, Va.

April 26, 2012 • BusinessComments Off

President Barack Obama speaks at the University of Iowa, Wednesday, April 25, 2012, in Iowa City, Iowa. (AP Photo/Carolyn Kaster) WASHINGTON (AP) — Diving into campaign mode full-bore, President Barack Obama will headline his first re-election rallies next...

Ted Williams memorabilia to be auctioned in Boston

April 26, 2012 • BusinessComments Off

Baseball fan Moriah Park, of Orwell, Vt., right, views items once owned by Boston Red Sox’s Ted Williams in a display case at Fenway Park during an auction preview of items once owned by Williams, Wednesday, April 25, 2012, in Boston. Fans are able to...

Speaker: House to vote Friday on student loans

April 26, 2012 • BusinessComments Off

This photo combo shows President Barack Obama in Chapel Hill, N.C. on April 24, 2012, and Republican presidential candidate, former Massachusetts Gov. Mitt Romney on April 18, 2012 in Charlotte, N.C. Obama and his likely GOP opponent, Romney, agree on an...

New J&J CEO plans realistic, optimistic future

April 26, 2012 • BusinessComments Off

FILE – In this undated photo provided by Johnson & Johnson, Alex Gorsky is shown. Johnson & Johnson’s longtime CEO, Bill Weldon, is retiring in April, following an embarrassing string of product recalls over more than two years that has...

Maine regulators pave way for US tidal power

April 25, 2012 • BusinessComments Off

FILE – In this June 13, 2011 file photo, the Energy Tide 2, the largest tidal energy turbine ever deployed in the U.S., appears on a barge in Portland, Maine. The Maine Public Utilities Commission, on Tuesday, April 24, 2012, set contract terms and...

Apple trumps expectations, sells 35M iPhones in 2Q

April 25, 2012 • BusinessComments Off

FILE – In this Oct. 14, 2011 file photo, Elliott Johns, of Boston, holds up an iPhone 4S in front of an Apple Store location in Boston. Apple Inc., the world’s most valuable company, on Tuesday, April 24, 2012 trumped skeptics once again by reporting...

Rather's suit against CBS was worth it, he writes

April 25, 2012 • BusinessComments Off

FILE- In this Wednesday, Oct. 5, 2011, file photo, Journalist Dan Rather attends the premiere of “The Ides of March” at the Ziegfeld Theatre in New York. Retired CBS anchorman Dan Rather says his lawsuit against his former network was worth it,...

South Sudan president: Sudan has 'declared war'

April 25, 2012 • BusinessComments Off

South Sudan’s President Salva Kiir, left, stands with Chinese President Hu Jintao, while national anthems are played during a welcoming ceremony at the Great Hall of the People in Beijing, China, Tuesday, April 24, 2012. (AP Photo/Alexander F. Yuan)...

Protesters crash Wells Fargo shareholder meeting

April 25, 2012 • BusinessComments Off

Demonstrators enter through a side door at the site of the Wells Fargo shareholders meeting in San Francisco, Tuesday, April 24, 2012. Police were guarding the entrance to the annual meeting of Wells Fargo shareholders on Tuesday as protesters associated with...