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Icahn opens door to Blackstone tie-up on Dell bid
(Reuters) – Two of the most prominent U.S. investors could upset Michael Dell’s $ 24.4 billion buyout bid for Dell Inc, after billionaire Carl Icahn opened the door to an alliance with Blackstone…
Job Corps closes the door on new recruits
The Department of Labor has suspended new enrollment into one of the nation’s largest job-training programs for low-income youths, citing cost overruns that critics have blamed on mismanagement. The Job Corps enrollment freeze could close the door on as many … Continue reading
Watchdog’s report raises concerns about SEC’s revolving door
Usually it’s the government workers who come under scrutiny when they leave an agency and land a high-paying job that leverages their contacts within the bureaucracy. But Mary Jo White, President Obama’s pick to head the Securities and Exchange Commission, … Continue reading
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Boehner opens door to tax hikes, shifts U.S. fiscal cliff talks
WASHINGTON (Reuters) – U.S. House of Representatives Speaker John Boehner’s offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end “fiscal cliff.”
Analysis: Boehner opens door to tax hikes, shifts U.S. fiscal cliff talks
WASHINGTON (Reuters) – U.S. House of Representatives Speaker John Boehner’s offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end “fiscal cliff.”
UPDATE 9-Canada OKs CNOOC, Petronas deals, but slams door on any more
* Canada approves CNOOC bid for Nexen, Petronas buy of Progress * Ottawa to impose stricter conditions on foreign investment * Raises questions about future resource-sector investment *…
5 Great Travel Deals In ‘Next Door’ Cities
With hotel prices on the rise, many tourists are bunking in cheaper towns next door to their real destination.
How Washington’s revolving door boosts companies’ stock prices
For decades — and likely longer — newspapers in Washington have been chronicling the revolving door between jobs in government and businesses. A new president arrives in the White House and starts tapping executives from the private sector for key positions: President … Continue reading
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Akin still defiant, but leaves door open to quitting Senate race
WASHINGTON (Reuters) – Republican Representative Todd Akin left open the possibility that he might drop out of the Missouri Senate race, but remained defiant against “party bosses” who want him to quit after controversial comments on rape and abortion.
How JPMorgan exploits Washington’s revolving door
The Project on Government Oversight points out that JPMorgan frequently dispatches former government officials to lobby current regulators who are writing the rules for Dodd-Frank: In a November discussion with Treasury officials, its team included a former assistant secretary of the … Continue reading