Dow Jones hits record high as earnings lift market
The Dow Jones closed at a record high up 45.47 points to 16580.84 with the S&P 500 and Nasdaq also higher as solid U.S. earnings and a modest growth pace offset a weak first quarter. Pepco surged after agreeing to be bought by Exelon for 6.83 billion, expanding a major Mid Atlantic utility.
MENTIONED IN THIS ARTICLE
New York
U.S
Federal Reserve
Standard & Poor
Commerce Department
Sean Lynch
Wells Fargo Private Bank
Pepco Holdings
Exelon
mid-Atlantic
Flooding strands hundreds in Pensacola Beach and mobile area
Fast rising waters across the Florida Panhandle and Alabama coast trapped residents after nearly 2 feet of rain in 24 hours. Boats and Humvees aided rescues, with dozens plucked from rooftops and attics while a Florida woman died in floodwaters. In Alabama, two women and a boy were rescued from an attic as responders pushed through 2 feet of water to reach stranded families. Local officials logged hundreds of rescue calls and state leaders urged caution as the storm’s toll mounted.
MENTIONED IN THIS ARTICLE
Pensacola Beach
Fla
Florida Panhandle
Alabama
Midwest
Pensacola
Florida
Alabama- Florida
Brandi McCoon
Jonathan Brown
Noah
Brown
9-1-1
Kyle Schmitz
Oliver
Schmitz
David Spies
Fish River
Marlow
Mobile
Rick Scott
GOP blocks minimum wage push in Senate struggle
The Republican majority blocked Sen Tom Harkins 10.10 minimum wage bill, derailing Democrats push to raise the federal wage from 7.25 to 10.10 in 30 months. Obama pressed for 9 in 2013, while Reid will seek another vote amid political maneuvering ahead of midterms.
MENTIONED IN THIS ARTICLE
Washington
Senate
Barack Obama
Senate Gop
John Cornyn
Texas
Tom Harkin
Iowa
America
Obama
White House
Harkin
Bob Corker
Tennessee
Harry Reid
Nevada
Reid
Economy growth slows sharply in first quarter
Washington reports the U S economy grew at a 0.1 percent annual rate in January March, the weakest pace since 2012, dragged by a harsh winter. Economists expect a rebound with warmer weather and a 200000 plus payroll gain for April, amid Fed policy discussions.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Federal Reserve
House panel blocks cuts to military benefits
The House Armed Services personnel subcommittee voted to keep current health care, housing allowances, and most direct subsidies to commissaries intact. It opposes Pentagon plans to gradually reduce benefits, noting the need to support military families despite budget pressures and a high defense share of spending.
MENTIONED IN THIS ARTICLE
Washington
Congress
Pentagon
House
Armed Services Personnel
Joe Wilson
R-S.c
Capitol Hill
Full Armed Services Committee
Defense
Department
Also Mentioned on This Page
Dow Jones
THE
Associated Press
Brantly
Keiek
GOP
Chick'n Strif
Perry
Cha. Org
Bizzard
atAm
Q. Corp
Mpit
Mngreg
Pat Ueis
Great Lakes Dairy le
Whating Group
Blizzari
Ilaih
Terry’s Kids Shoe cc
Anim
Andrews
Odessa
Whitehouse
Best Burgers
Parks Legado Town Center
East 52Nd Street
Whitehousemeatmarket.com
Lapeau Granite
Coors Road
Accentgranitemidland.com
Permian Basin
Bosworth
Bosworiico.com
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