NEW YORK - New Jersey Governor Chris Christie, a likely 2016 Republican presidential contender, will be promoting his state's life sciences industry in a trip to the United Kingdom starting Sunday, where he is also scheduled to meet the Prime Minister and catch an Arsenal match.
Sat, Jan 31 2015
WASHINGTON - President Barack Obama's budget proposals will include a minimum tax of 19 percent on U.S.-based companies' future foreign earnings and a 14 percent tax on their stockpiled offshore profits, Bloomberg news said on Saturday, citing two people familiar with the budget.
Fri, Jan 30 2015
WASHINGTON - The Obama administration must insist that U.S. trading partners pledge not to manipulate currencies when negotiating trade deals, the Senate Committee on Finance chairman said on Friday.
WASHINGTON - Outgoing Defense Secretary Chuck Hagel said in an interview on Friday the United States might eventually need to send non-combat ground troops to Iraq to help turn back Islamic State forces.
WASHINGTON - Republican Mitt Romney bowed out of the 2016 U.S. presidential race on Friday after considering a third run, telling supporters it was time for the next generation of party leaders to seek the White House.
- The calculus for the 2016 race for the White House has shifted as conservatives reposition themselves after 2012 Republican presidential nominee Mitt Romney's decision not to run again.
WASHINGTON - The 2016 U.S. defense budget being released on Monday will continue a recent trend of shifting funds from the Pentagon base budget to its supplemental war-funding request, fuelling criticism of the account's use to offset spending caps, defense analysts say.
- U.S. Representative Alan Nunnelee of Mississippi, who was diagnosed with brain cancer last year, has been told by doctors he has a new tumor and it is inoperable, a spokesman for the Republican congressman said on Friday.
PORTLAND, Ore. - Oregon Democratic Governor John Kitzhaber said on Friday his fiancée will no longer have a policy role in his office amid controversy over whether her consulting work posed a conflict of interest with her position as an unpaid adviser.
WASHINGTON - Three top U.S. Republican lawmakers, including Representative Paul Ryan, will lead an effort to craft new health reforms that could replace Obamacare, party officials said on Friday.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.