In Washington, a Surge of Interest to Hire Republicans
With Democrats in danger of losing control of Congress, some lobbying shops, trade groups and contractors are moving to hire more Republicans to bolster their political fortunes.
On Economy, Democrats Face a Lack of Unity
Democrats have yet to find a unifying message to address the economy and are scrambling to come up with job-creating remedies before voters go to the polls.
Dell Raises Its Bid for 3Par
After a bidding war with Hewlett-Packard, Dell raised its offer for the data-storage company to about $1.5 billion and stated that 3Par had accepted the offer.
Laborers’ International Union to Rejoin A.F.L.-C.I.O.
The Laborers’ International Union has concurred to rejoin the A.F.L.-C.I.O., increasing hopes that the once-splintered labor movement is moving closer to reuniting under a single umbrella.
Wall Street Lower as It Waits for the Fed
Investors will be watching the statement the Fed puts out to gauge the committee’s view of the recovery and for any potential plans to restart stimulus programs.
Optimism That Cement Will Shut Down Gulf Oil Well
An effort known as a static kill is part of a two-pronged strategy to kill the well by cementing it shut twice, from above with the static kill and then ...
As BP Lays Out Future, It Will Not Include Tony Hayward
Mr. Hayward, the oil giant’s embattled chief executive, will be replaced by Robert Dudley, the American executive who is in charge of BP’s operations in the Gulf of Mexico.
Ford Reports Quarterly Profit of $2.6 Billion
Ford stated it earned $2.6 billion in the quarter, its fifth consecutive quarterly profit, and stated it anticipates to have more cash than debt by the end of 2011.
Optimistic BP Hopeful That Damaged Well Can Stay Closed
BP stated that it hoped to leave its well in the Gulf of Mexico closed down until it is permanently plugged, meaning that tiny or no more oil should spew ...
Obama Nominees Express Support of Fed’s Expanded Duties
Three nominees to the central bank’s board told a Senate hearing that they supported ensuring financial stability and tightening oversight of the nation’s biggest financial institutions.