Role reversal: GOP blasts Obama plan to sell TVA
WASHINGTON -- In a political role reversal, Republicans are blasting President Barack Obama's plan to consider selling the Tennessee Valley Authority, an icon of the New Deal long targeted by conservatives as an example of government overreach....
Post Office Retreats on Eliminating Saturday Mail
(WASHINGTON) — The U.S. Postal Service backed down from its plan to eliminate Saturday mail delivery because Congress barred it, officials said Wednesday. But its governing board said it’s not possible for the financially ailing agency to meet cost-cutting goals without altering its delivery schedule. Delaying “responsible changes,” the board said, only makes it more likely that the Postal Service “may become a burden” to taxpayers. The Postal Service said in February that it planned to switch to five-day-a-week deliveries beginning in August for everything except packages as a way to hold down losses. (MORE: Is the Post Office Breaking the Law by Eliminating Saturday Delivery?) But that announcement was a gamble. The agency essentially was asking Congress to drop from spending legislation the longtime ban on five-day-only delivery. Congress did not do that when it passed a spending measure last month. “By including restrictive language … Congress has prohibited implementation ...
StanChart told to say sorry over U.S. sanctions comments
LONDON/WASHINGTON - Standard Chartered bowed to pressure from U.S. authorities and apologized on Thursday for comments by the bank's chairman denying the bank had intentionally breached U.S. sanctions on Iran.
Found 1 month ago on channel Reuters
Will the White House make unlocking your cellphone easier?
Copyright authorities in Washington have recently started to take a dim view of people who want to switch their cellphone from one carrier to another. But now, phone 'unlockers' are getting some support from the White House.
White House eyes new trade authority, Asia-Pacific trade deal
WASHINGTON - President Barack Obama's administration on Friday said it would work with Congress on legislation considered critical for negotiations of U.S. trade agreements as it tries to wrap up talks on an Asia-Pacific free trade pact this year.
Found more than 1 month ago on channel Reuters