Wednesday, January 16, 2013

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
As manufacturing bounces back from recession, unions are left behind
Jan 17th 2013, 01:17

Last July was a good month for factory workers in Anderson, Ind., where a Honda parts supplier announced plans to build a new plant and create up to 325 jobs. But it was a grim month in the Cleveland suburbs, where an industrial plastics firm told the state of Ohio it was closing a plant and laying off 150 people.

Read full article >>

Reconciliation
Jan 17th 2013, 00:00

Hoax of the day.

—David Brooks teaches Yale class on humility, compares self to Bono.

—TMZ visits Brookings.

—A composer explains how depression changed the way he wrote music.

Read full article >>

Why Germany wants its 674 tons of gold back
Jan 16th 2013, 21:59

Movie scriptwriters, rejoice!

Germany's central bank will relocate 54,000 solid gold bars, worth about $36 billion, from deep underneath the Federal Reserve Bank of New York and the Banque de France in Paris to the safe confines of German soil -- vaults at the Bundesbank's Frankfurt headquarters.

Read full article >>

Gun experts grade Obama's proposals
Jan 16th 2013, 20:58

There's a fair bit to digest in President Obama's new proposals for reducing gun violence. They include everything from renewing the assault-weapons ban to more mental-health funding for schools, as well as 23 different executive orders.

Read full article >>

How to tackle violence and mental illness in schools
Jan 16th 2013, 20:48

As part of the gun control initiatives President Obama announced today, the administration is pushing for greater access to mental health services, especially for adolescents.

Specifically, the White House wants $50 million to train new mental health professionals, $25 million for school-based trauma treatment and violence prevention programs, $25 million for state-based mental health programs targeting youths ages 16 to 25, $15 million to train teachers to deal with mental illness, and $40 million to help school districts direct students to the mental health services they need.

Read full article >>

Congratulations, South Dakota! You're great at flu vaccinations.
Jan 16th 2013, 20:39

This Chicago Tribune graphic, via Talking Points Memo, shows flu vaccination rates by state:



There are exactly two states South Dakota and Massachusetts where the majority of citizens have received a flu vaccine. Nevada, meanwhile, has the lowest vaccination rate, coming in at 32.6 percent.

Read full article >>

It's a leadership crisis, stupid
Jan 16th 2013, 20:23

We don't have a budget crisis. We don't have a debt ceiling crisis. We don't have an economic growth crisis or an entitlement crisis or a constitutional crisis. What we have here in Washington is a leadership crisis. Nothing more. Nothing less.

Read full article >>

Lots of smart Republicans are terrified of the debt ceiling
Jan 16th 2013, 20:19

One dimension of the debt-ceiling debate that hasn't gotten enough attention is how split Republicans are on the idea. While the working assumption in Washington is that the GOP will try to hold the debt-ceiling hostage in return for some (heretofore unspecified) spending cuts, quite a few influential Republicans are begging and pleading with the party to find another strategy, warning that it's a hostage Republicans can't shoot and that the two possible outcomes are 1) an embarrassing cave or 2) an economic disaster that the public blames on the GOP. A partial list:

Read full article >>

Business can be bipartisan, and it can be effective. But it's hard to be both.
Jan 16th 2013, 19:14

Many business leaders don't like the prospect of another nail-biting showdown over the debt ceiling, because they think it would be could very bad for business, the market, and broader economic confidence. But they don't want to take sides, either, and that could be why legislators appear to feel that they don't need to listen to them.

Read full article >>

Obama wants universal background checks for gun buyers. Would that work?
Jan 16th 2013, 18:46

One of President Obama's major proposals for cracking down on gun violence is to make sure that everyone who buys a gun undergoes a background check.

"The law already requires licensed gun dealers to run background checks, and over the last 14 years that's kept 1.5 million of the wrong people from getting their hands on a gun," Obama said Wednesday. "But it's hard to enforce that law, when as many as 40 percent of all gun purchases are conducted without a background check. That's not safe. That's not smart."

Read full article >>

READ: Obama's plan to reduce gun violence
Jan 16th 2013, 17:07

President Obama unveiled his policy proposals for reducing gun violence on Wednesday. Here are the 10 big strategies he's pursuing:

* Require criminal background checks for all gun sales.
* Take four executive actions to ensure information on dangerous individuals is available to the background check system.
* Reinstate and strengthen the assault weapons ban.
* Restore the 10-round limit on ammunition magazines.
* Protect police by finishing the job of getting rid of armor-piercing bullets.
* Give law enforcement additional tools to prevent and prosecute gun crime.
* End the freeze on gun violence research.
* Make our schools safer with more school resource officers and school counselors, safer climates, and better emergency response plans.
* Help ensure that young people get the mental health treatment they need.
* Ensure health insurance plans cover mental health benefits.

Read full article >>

Magruder's Supermarkets in talks to sell chain
Jan 16th 2013, 16:38

Magruder's Supermarkets, the Rockville-based chain that first opened its doors in 1875, announced Wednesday that it had sold its store on Connecticut Avenue and is in negotiations to sell its four other remaining stores to another buyer.

Read full article >>

Most Americans under 30 don't know Roe was about abortion
Jan 16th 2013, 15:58

Next week marks the 40th anniversary of the Supreme Court's Roe v. Wade decision. As my colleague Michelle Boorstein reports, most young Americans cannot say what the landmark ruling was about.

The new data comes from the Pew Forum on Religion and Public Life, which looked at Americans' awareness of the Supreme Court decision that legalized abortion nationwide. Overall, 62 percent of Americans knew that the ruling dealt with abortion in some way.

Read full article >>

Banker pay is (finally) falling
Jan 16th 2013, 15:46

There aren't many things that James Gorman, the Australian born, swagger-filled chief executive of Morgan Stanley, and the sharpest critics of the banking industry can agree about. But here is a big one.

Read full article >>

Wal-Mart's promise to veterans: Good news or good P.R.?
Jan 16th 2013, 15:28

In this economy, one might think news that a company that plans to hire 100,000 veterans would be met with nothing but heaps of praise.

But given the company in question is Wal-Mart Stores, that's not quite the case. On Tuesday at the National Retail Federation show, Wal-Mart U.S. president and CEO Bill Simon announced that the retailing behemoth "will offer a job to any honorably discharged veteran within his or her first twelve months off active duty." The company expects the number of hires to reach 100,000.

Read full article >>

Why has climate legislation failed? An interview with Theda Skocpol.
Jan 16th 2013, 15:02

On the campaign trail in 2008, Barack Obama often said his top two priorities were climate change and health care. By the end of his first term, however, only health care legislation had been signed into law. The effort to pass a climate bill was a total bust.

Read full article >>

No, inflation still isn't a problem.
Jan 16th 2013, 14:38

There's still a lot wrong with the U.S. economy. Unemployment remains stubbornly high, just under 8 percent. Growth remains too weak to bring that rate down very quickly, which adds up to fairly dim hopes for the 12 million-plus Americans who are currently looking for work but can't find a job.

Read full article >>

What top Republican economists say about the debt limit
Jan 16th 2013, 14:07

While many economists sympathize with the Republican Party's skepticism of government and support of free markets, a division has emerged over efforts by congressional Republicans to use the upcoming debt ceiling deadline to force President Obama to agree to deep spending cuts.

Read full article >>

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment