May 26, 2013
Business News
Associated Press
Chinese models pose with Great Wall H7 SUV after its unveiling at the Shanghai International Automobile Industry Exhibition media day in Shanghai on Saturday
Automakers target buyers at international exhibit
SHANGHAI — Global and Chinese automakers showcased family-friendly sedans and SUVs targeting coveted urban buyers at China’s biggest auto show Saturday as competition intensifies in this huge but c...
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Associated Press
A Boeing 787 flight test jet taxing following a test flight, at Boeing Field, in Seattle. Boeing's beleaguered 787 Dreamliners will be able to resume flights under an order issued on Friday by the Federal Aviation Administration, although the root cause of battery failures on two of the planes is still unknown, according to congressional sources briefed by the agency.
Boeing 787 gets go-ahead on lift-off
WASHINGTON — Boeing’s beleaguered 787 could be flying again within a week after federal officials approved a fix for its batteries, even though the root cause of a fire on one plane and smoke on an...
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Florida becomes 4th state to sue BP over deepwater oil disaster
TALLAHASSEE, Fla. — The state of Florida filed a lawsuit Saturday against oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth state to seek da...
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Simpson and Bowles offer modified budget plan
WASHINGTON — The chairmen of President Barack Obama’s 2010 fiscal commission are wading back into Washington’s budget wars with a revised, somewhat milder plan to rein in intractable federal defici...
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Judges’ lawsuit claims disability system ‘in crisis’
WASHINGTON — Social Security’s disability program is overwhelmed by so many claims that judges sometimes award benefits they might otherwise deny just to keep up with the flow of cases, according t...
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World finance leaders issue sober assessment
WASHINGTON — World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee f...
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Suitors back away from Dell bids amid PC slump
Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as s...
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Did you know a simplified home office tax deduction is on the way for 2013 tax returns? How about the additional Medicare tax? Preparing for 2013 tax returns the same month you receive your 2012 refund can feel like tax overload, but the preparation may land you more money in a year, according to two local Certified Public Accountants.
Mind your Ps and Qs on tax returns
This is going to feel like eating your vegetables first. Or perhaps it will feel like doing all of your homework and chores on Friday evening to have the weekend free. Whatever anti-procrastinat...
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Airlines battle furlough
WASHINGTON — Predicting a nightmarish air travel snarl that will stretch from coast to coast, the airline industry and the nation’s largest pilots union joined forces Friday to sue the Federal Avia...
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