Telecom giant AT&T said today that it would be forced to record a $1 billion non-cash charge on its first-quarter earnings to account for increased costs associated with the health-care legislation signed into law earlier this week by President Obama....
March 26, 2010; 5:35 PM ET |
Categories: Congress , Obama , The Ticker | Tags: 3M, AT&T, Obama, healthcare legislation, what is the cost of healthcare reform
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This morning, President Obama began to follow through an a pledge in his State of the Union address to go nuke, offering $8.3 billion loan guarantees to build the first nuclear plant in the U.S. in nearly 30 years. You'll...
President Obama can't seem to make up his mind on big Wall Street bonuses. In an interview on Tuesday with Bloomberg, Obama said he doesn't "begrudge" the $17 million bonus received by J.P. Morgan Chase chief executive Jamie Dimon or...
February 10, 2010; 2:35 PM ET |
Categories: Obama , The Ticker , Wall Street | Tags: Blankfein, Goldman Sachs, JP Morgan Chase Jamie Dimon, Obama, bonuses, executive compensation
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U.S. Chamber of Commerce President Tom Donohue held a spicy press conference after his annual state of U.S. business address this morning at the chamber headquarters in Washington, and said that he "gets along fine" with the White House, despite...
There are some positive signs that the damaged economy is starting to recover, but those could easily be snuffed out by policies being put in place by the federal and local governments, U.S. Chamber of Commerce President Tom Donohue plans...
Jared Bernstein, Vice President Biden's chief economic adviser and the most liberal member of the White House economic team, on Wednesday night defended the enormous profits and bonuses being generated at Goldman Sachs and other big banks that have repaid federal bailout funds and will not be required to submit to compensation limits.