by Jane Richey | May 20, 2012 | Constitutionally Limited Goverment, Free Markets
General Motors Co. — which owned the auto and mortgage lender Ally Financial Inc. until 2006 and still holds a 9.9 percent stake in the company — said it will consider a bid for Ally’s foreign operations. GM CEO Dan Akerson told Bloomberg News on Monday that the...
by Jane Richey | May 20, 2012 | Constitutionally Limited Goverment, Free Markets
A top official at the Federal Communications Commission (FCC) told a Republican congressman that the agency is still considering ways to save LightSquared’s plan for a high-speed wireless network. The company invested billions of dollars in plans for a...
by Jane Richey | May 20, 2012 | Fiscal Responsibility, Politics
President Obama expressed confidence Saturday that there’s an “emerging consensus” from the world’s most industrialized nations that more must be done to promote growth and job creation to help Europe’s sputtering economy. Wrapping up a two-day G8 summit at the...
by Jane Richey | May 20, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
Republicans have declared war on what they call President Obama’s “war on coal.” House Natural Resources Committee Republicans on Friday escalated their year-long investigation into the Obama administration’s planned rewrite of coal-mining regulations imposed by...