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Brown warns of school cuts if taxes rejected

January 6, 2012 • BusinessComments Off

Gov. Jerry Brown walks through the Capitol on his way to a news conference where he where he unveiled his proposed $92.5 billion 2012-13 state budget, in Sacramento, Calif., Thursday, Jan. 5, 2012. California faces a smaller budget deficit in the coming fiscal year but will require nearly $5 billion in cuts to public education [&hellip...

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Study: Romney plan raises taxes on poor families

January 6, 2012 • BusinessComments Off

Republican presidential candidate former Massachusetts Gov. Mitt Romney smiles while campaigning at a Boys and Girls Club, Thursday, Jan. 5, 2012, in Salem, N.H. (AP Photo/Matt Rourke) WASHINGTON (AP) — Republican Mitt Romney’s tax plan would increase...

Mayor: Detroit won’t run out of cash by April

January 6, 2012 • BusinessComments Off

Detroit Mayor Dave Bing announces that Detroit is no longer at risk of running out of cash by April as previously expected because cost-cutting and other measures are taking effect, Thursday, Jan. 5, 2012 in Detroit. (AP Photo/Detroit News, David Coates)...

GM to add more steel to Volt to protect battery

January 6, 2012 • BusinessComments Off

FILE – In this file photograph taken Dec. 2, 2009, the 2011 Chevrolet Volt debuts at the Los Angeles Auto Show, in Los Angeles. General Motors will strengthen the structure around the batteries in its Volt electric cars to keep them safe during crashes,...

RI religious leaders urge lawmakers to help poor

January 5, 2012 • BusinessComments Off

Douglas Emanuel, of Temple Beth El in Providence, R.I., blows the shofar to begin the Rhode Island Interfaith Coalition’s vigil on poverty Wednesday, Jan. 4, 2012 at the Rhode Island Statehouse in Providence. Representatives from several faiths gathered to...

Officials moving ahead with 2012 Reno air races

January 5, 2012 • BusinessComments Off

FILE -In this Sept. 16, 2011 file photo, a P-51 Mustang airplane approaches the ground right before crashing during an air show in Reno, Nev. The vintage World War II-era fighter plane piloted by Jimmy Leeward plunged into the grandstands during the popular...

Boeing to close Wichita plant with 2,160 jobs

January 5, 2012 • BusinessComments Off

Kansas Gov. Sam Brownback, right, answers questions from reporters about Boeing’s decision to close its Wichita defense plant by the end of 2013, as state Commerce Secretary Pat George, left, watches, during a news conference, Wednesday, Jan. 4, 2012,...

Ex-UK tabloid chief named NY Daily News top editor

January 5, 2012 • BusinessComments Off

FILE- In this July 9, 2011 photo newspaper editor, Colin Myler is shown in Londaon. Myler, who was the last editor of Rupert Murdoch’s “News of the World,” has been appointed editor-in-chief at the New York Daily News; it was announced on Wednesday,...

Mall of America’s Bloomingdale’s store to close

January 5, 2012 • BusinessComments Off

Dan Jasper, blue shirt, Vice President of Public Relations at Mall of America addresses the media in front of the Bloomingdale’s entrance at the Mall of America on Wednesday, Jan. 4, 2012 in Bloomington, Minn. One of the Mall of America’s original...

Lawmakers face budget strife, election challenges

January 5, 2012 • BusinessComments Off

State Sen. Bob Huff, R-Diamond Bar, left, is greeted by Sen. Mark Leno, D-San Francisco, as Sen. Christine Keough, D-San Diego, looks on during the first legislative session of the new year at the Capitol in Sacramento, Calif., Wednesday, Jan. 4, 2012....