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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. Members of the Republican caucus elected Huff as their new leader replacing Sen. [&hellip...

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Pentagon to unveil plan guiding big spending cuts

January 5, 2012 • BusinessComments Off

FILE – In this Nov. 10, 2011, file photo Defense Secretary Leon Panetta and Joint Chiefs Chairman Gen. Martin Dempsey take part in a news conference at the Pentagon in Washington. The Obama administration is rewriting its defense strategy to absorb...

Americans expected to buy more cars in 2012

January 5, 2012 • BusinessComments Off

This Aug. 9, 2011 photo, shows a 2012 Honda Civic Natural Gas named 2012 Green Car of the Year. American Honda Motor Co., Inc., reported Wednesday, Jan. 4, 2012, December monthly new-vehicle sales of 105,230, a decrease of 18.8 percent on a daily...

Lawmaker declines to comment on shoplifting charge

January 5, 2012 • BusinessComments Off

Assemblywoman Mary Hayashi, D-Castro Valley, left, talks with her seatmate, Assemblywoman Cathleen Galgiani, D-Livingston, at the Capitol in Sacramento, Calif., Wednesday, Jan. 4, 2012. Hayashi currently faces a felony shoplifting charge for allegedly...

No longer a Hilton: Las Vegas casino loses brand

January 4, 2012 • BusinessComments Off

The marquee outside the Las Vegas Hotel and Casino no longer carries the Hilton brand name, Tuesday, Jan. 3, 2012, in Las Vegas. The Las Vegas Hilton hotel-casino is no longer affiliated with the Hilton following a name change to take the chain’s brand...

Ohio quakes could incite fracking policy shift

January 4, 2012 • BusinessComments Off

This photo made Jan. 2, 2012 shows the site of a brine injection well owned by Northstar Disposal Services LLC in Youngstown, Ohio. The company has halted operations at the well, which disposes of brine used in gas and oil drilling, after a series of small...

Factories, builders boost economy at end of year

January 4, 2012 • BusinessComments Off

In this Dec. 14, 2011 photo, Greg Yates works at JV Northwest, in Canby, Ore. JV Northwest manufactures stainless steel vessels. Economic activity in the manufacturing sector expanded in December for the 29th consecutive month, and the overall economy grew...

Dry start to winter leaves Sierra without snow

January 4, 2012 • BusinessComments Off

Frank Gehrke, chief of snow surveys for the Department of Water Resources, walks across a barren field, normally covered in snow, after conducting the first snow survey of the new year at the Phillips Station near Echo Summit Calif., Tuesday, Jan. 3, 2012....

High salaries for Italian lawmakers stirs anger

January 4, 2012 • BusinessComments Off

FILE – In this Wednesday, Aug. 4, 2010 file photo, Italian Lawmakers attend a voting session at the lower chamber in Rome. A government-mandated report has confirmed, Tuesday, Jan. 3, 2012, what many Italians long suspected: The €11,000 ($14,300) that...

Ind. House Speaker plans fast start for labor bill

January 4, 2012 • BusinessComments Off

Speaker of the House Brian Bosma, R-Indianapolis, poses in the House chamber at the Statehouse in Indianapolis, Tuesday, Jan. 3, 2012. Bosma is leading the effort to pass right-to-work legislation in the upcoming session. Gov. Mitch Daniels has been actively...