Mitt Romney, self-proclaimed "son of Detroit," appears to be in serious trouble in Michigan, falling behind to rival Republican presidential candidate Rick Santorum in new polls.
Despite that, he's standing firm on his position that the Obama administration should have allowed two iconic car companies — GM and Chrysler — to enter the regular corporate bankruptcy process three years ago.
Originally published on Tue February 14, 2012 1:05 pm
A coalition of fans and five U.S. senators are urging the Federal Communications Commission to scrap its so called Sports Blackout Rule. The policy allows the NFL to block local broadcasts of games that don't sell out.
The rule has been in place since 1975, and the Sports Fan Coalition says it is outdated and "fan-unfriendly."
If you believe the Uzbek government, today is not a day for love and friendship. Nope.
It is a day to celebrate the Moghul emperor Babur, who celebrates his birthday on Feb. 14. Now this hasn't always been case in the Central Asian country. The BBC reports that in years past, lovers celebrated Valentine's Day by listening to the songs of Rayhan, "a popular singer whose music mixes Eastern melodies with Western pop."
When your products sell for more than $80 million, selling one of them is a big deal. Selling hundreds of them in one deal means they're probably feeling pretty good over at Boeing right now. The aircraft company has finalized a deal to sell 230 jets to Lion Air of Indonesia, with a total list price of $22.4 billion — a record for Chicago-based Boeing.
The deal, which was first announced in November during President Obama's multi-country tour of Asia, includes 201 737 MAX jets and 29 of Boeing's extended range 737-900ERs.
Republicans rarely meet a tax cut that they don't like. Now that they have found one, they are finding it politically impossible to stop it.
On Tuesday, President Obama called on Congress to extend a 2 percentage point reduction in payroll taxes, which fund Social Security. The cut, enacted last year, is otherwise set to expire at the end of the month.
The current cut means a savings of about $20 a week to a worker who earns $50,000 a year and about $2,000 a year to someone making $100,000.
Some people fill their workshops with sawdust and power tools; Ben Rasmussen built a chocolate factory in his.
Actually, "factory" might be too big a word for the Woodbridge, Va. operation, which Rasmussen says is "absurdly small." But it's a step up from his kitchen, where his Potomac Chocolate – one of the smallest chocolate companies in the U.S. – was born.
Midwife Erin Fullam, left, takes care of Shannon Earle and her new baby Kiera. Daughter Riana, the father, Patrick, and his mother, Ann Earle, look on at the family's home in Takoma Park, Md., in 2011.