More Economy Articles

  • Liberals fume as Obama advances trade deal

    Liberal allies stateside who accuse him of ignoring their numerous objections to the deal, which would be one of the biggest in U.S. history even though China is not included in it.

  • Conservative disagreement over the right tactics for killing the Export-Import Bank

    House Republican leaders have released a proposal to keep funding government through the election. The proposed CR includes a 6-month extension of the Export-Import Bank.

  • GOP tax writer: Treasury has a hidden tax-reform plan

    "I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.

  • Correction: Detroit-Bankruptcy story

    DETROIT (AP) — In a story Sept. 9 about a tentative agreement reached between Detroit and major creditor Syncora in its bankruptcy trial, The Associated Press reported erroneously that Steven Schlein is a spokesman for Syncora. Schlein does public relations for Kirkland & Ellis, a law firm...

  • Dollar General goes hostile in bid for rival

    Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. The discount chain has commenced an open offering to investors of Family Dollar Stores Inc. for $80 per share in cash. That offer was rejected last week by the...

  • Ochsner to acquire St. John Parish hospital

    LAPLACE, La. (AP) — Ochsner Health System said that it has reached an agreement to acquire River Parishes Hospital in St. John the Baptist Parish Ochsner officials say plans call for turning the underused 80-bed acute-care hospital into an outpatient clinic providing emergency and primary care...

  • Monroe hospital plans to cut 300 jobs

    MONROE, La. (AP) — St. Francis Medical Center, one of Ouachita Parish's largest private employers, plans to cut about 300 jobs before the end of the year. In a statement from the hospital on Tuesday, St. Francis said it would offer about 300 employees a voluntary workforce adjustment...

  • Britain and France secure EU's top economic jobs

    BRUSSELS (AP) — Britain and France have secured two top positions on economic and financial policy-making in the new European Commission as the 28-nation bloc's executive arm seeks to revive anemic growth and fight unemployment. Former French Finance Minister Pierre Moscovici, who has long...

  • US wholesale stockpiles up 0.1 percent in July

    WASHINGTON (AP) — Stockpiles held by U.S. wholesale businesses edged up in July by the smallest amount in a year while sales rose at a healthy clip. Wholesalers increased their inventories by a slight 0.1 percent in July after a stronger 0.4 percent increase in June, the Commerce Department...

  • Home Depot stock dips on data breach fallout

    NEW YORK (AP) — Shares of Home Depot are under pressure Wednesday as the home improvement retailer contends with the fallout of a data breach at its more than 2,000 U.S. and Canadian stores. Attorney generals for Connecticut, California and Illinois are leading a multistate investigation into...

  • Gulfstream to build paint facility, add 100 jobs

    SAVANNAH, Ga. (AP) — Gulfstream Aerospace plans to build a $33 million paint facility near the Savannah/Hilton Head International Airport in an expansion that's expected to add at least 100 jobs. The company announced the plan on Tuesday. The Savannah Morning News reports...

  • China's premier promises more open economy

    BEIJING (AP) — China's premier promised Wednesday to open the world's No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be aimed at limiting competition. Speaking at a business conference,...

  • Boeing can thrive even without Export-Import Bank financing

    It is hard to justify government involvement in foreign purchases from Boeing when private sources of financing have never been more plentiful.

  • Support wanes for stopping tax inversions before November elections

    Although lawmakers in both parties are concerned about them, Democrats aren't likely to call a vote regarding "tax inversions" before the election.

  • Cheaper drugs can also mean less choice without savings for patients

    The economics of American healthcare are dictated by the Golden Rule: "He who has the gold makes the rules."

From the Weekly Standard