Obama shifts election focus to tax fairness plan
President Obama aims to recenter the 2012 race on tax policy by seeking extensions for those earning under 250000 while opposing extending cuts for higher earners. He credits Romney with favoring across the board extensions and cites a weak jobs report to frame the debate, contrasting plans and criticizing wealth holdings.
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Washington
Barack Obama
Mitt Romney
Romney
George W. Bush
Obama
Congress
White House
Republicans
America
U.S
Romney funds lead over Obama in June donations
President Barack Obama reported 71 million raised in June for his re election campaign while Mitt Romney posted 106 million. The gap marked Romney’s second straight monthly cash edge and highlighted Obama campaign concerns about losing the money race ahead of November.
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Washington
Barack Obama
Mitt Romney
Romney
Obama
Kansas to review WellPoint Amerigroup acquisition
Kansas will review plans by WellPoint Inc to buy Amerigroup Corp for about 4.46 billion dollars. The deal requires review by Insurance Commissioner Sandy Praeger as Amerigroup Kansas Inc is a Kansas subsidiary. state approval should take about two months and Kansas is one of 15 states reviewing the transaction.
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Topeka
Kansas
WellPoint Inc
Indianapolis
Amerigroup Corp
Virginia Beach
WellPoint
Amerigroup
Sam Brownback
Amerigroup Kansas Inc
Sandy Praeger
Bob Hanson
Hanson
Praeger
Monday market slide trims Dow before close
Dow Industrials fell 36.18 to 12,736.29 while the Nasdaq edged up 0.05 to 293,177. The RP 500 dropped 2.22 to 1,352.46 as yields ticked higher. Commodities moved mixed with corn up 37 cents to 7.30, soybeans up 42 cents to 15.48, wheat up 28 cents to 8.18, oil up 1.54 to 85.99, gold up 10.20 to 1589.10, silver 54.40 cents to 27.44, platinum down 3.60 to 1445.90.
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Treasury
Chicago
Kansas City
New York
Crisis over Egypt legislature as court upholds dissolution
Egypt faces a clash between President Morsi and the Supreme Constitutional Court after the court reaffirmed its June ruling dissolving parliament. The military warned it would defend legitimacy and the law, while Morsi insisted on reconvening the 508 seat chamber as an assertion of the popular will.
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Cairo
Egypt
Mohammed Morsi
Morsi
Presi
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