Politics - Bloomberg

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  • Sotomayor Says She Followed Precedent on Firefighters

    Bloomberg – Tue Jul 14, 11:01 am ET

    July 14 (Bloomberg) -- U.S. Supreme Court nominee Sonia Sotomayor told lawmakers she was following “established precedent” when she ruled against white firefighters who sued a Connecticut city over the cancellation of planned promotions.

  • Obama Prods Top Democrats to Pass Health-Care as Momentum Slows

    Bloomberg – Tue Jul 14, 12:01 am ET

    July 14 (Bloomberg) -- President Barack Obama is pressing top Democratic lawmakers to move forward on overhauling the U.S. health-care system amid signs momentum for the legislation is slowing.

  • Goldman Sachs Compensation Increase Divides Lawmakers

    Bloomberg – Tue Jul 14, 3:17 pm ET

    July 14 (Bloomberg) -- Goldman Sachs Group Inc.’s decision to boost compensation and benefits by 33 percent on record earnings sparked disagreement among lawmakers in Washington about whether the awards are excessive, even after the firm repaid rescue funds from U.S. taxpayers.

  • Obama to Propose $12 Billion in New Community College Spending

    Bloomberg – Tue Jul 14, 6:00 am ET

    July 14 (Bloomberg) -- President Barack Obama will propose $12 billion in new federal spending for community colleges that the administration says will help prepare U.S. workers for 21st- century jobs.

  • Geithner Says Global Economy Faces Recovery Setbacks

    Bloomberg – Tue Jul 14, 6:10 am ET

    July 14 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner said the global economy probably will suffer setbacks during its recovery as nations adapt to a loss of wealth and a surge in public debt.

  • Rattner Departs as Head of U.S. Panel Overseeing GM, Chrysler

    Bloomberg – Tue Jul 14, 12:00 am ET

    July 14 (Bloomberg) -- Steven Rattner stepped down as head of the U.S. panel that forced General Motors Co. and Chrysler Group LLC into bankruptcy, signaling the government was easing into a new role as a passive investor in the automakers.

  • Surgeon General Once Paid in Oysters Pushed Health Care to All

    Bloomberg – Tue Jul 14, 12:00 am ET

    July 14 (Bloomberg) -- After Hurricane Katrina, Regina Benjamin took only what her patients could afford to pay: bushels of oysters or lumps of Gulf Coast crab meat. Her Alabama health clinic was destroyed and still she helped, navigating through the mud in a pick-up truck to make house calls.

  • Carlyle’s Kennard Said to Be Obama’s Choice for EU Ambassador

    Bloomberg – Mon Jul 13, 12:27 pm ET

    July 13 (Bloomberg) -- William E. Kennard, a Carlyle Group executive and former Federal Communications Commission chairman, is President Barack Obama’s pick for U.S. ambassador to the European Union, according to people familiar with the matter.

  • Clinton Seeks to Resolve India Nuclear Arms Dispute

    Bloomberg – Tue Jul 14, 3:56 am ET

    July 14 (Bloomberg) -- The world’s largest democracy is about to get a better spot on U.S. President Barack Obama’s dance card.

  • N.J. Governor Corzine’s Disapproval Reaches 60% High

    Bloomberg – Tue Jul 14, 11:40 am ET

    July 14 (Bloomberg) -- New Jersey Governor Jon Corzine’s disapproval rating is at an all-time high, with 60 percent of registered voters giving him negative reviews four months before Election Day, according to a new Quinnipiac University poll.

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