Steve Walsh

Senate Panel Approves Obama’s Energy Secretary Nominee

The Senate Energy and Natural Resources Committee approved the nomination of Ernest Moniz as secretary of the Energy Department, setting up a confirmation vote by the full Senate.

U.S. House Votes to Combine or Kill Job-Training Programs

The U.S. House voted to kill or combine dozens of job-training and adult-education programs, a change intended to end duplication.

Republican Senator Portman Now Backs Same-Sex Marriage

Republican Senator Rob Portman of Ohio, who was on Mitt Romney’s short list as a potential vice presidential nominee in 2012, has reversed his long-held position opposing same-sex marriage, he wrote in a column published today in the Columbus (Ohio) Dispatch.

Fund Manager Greenwood Sells Teddies for $1.75 Million

The collection of teddy bears and soft toys belonging to Paul Greenwood , a hedge-fund manager who pleaded guilty to fraud charges, has sold at auction in London for 1.1 million pounds ($1.75 million.)

WG's Greenwood, Guilty of Fraud, Sells $1.9 Million Teddy Bears

A collection of teddy bears valued at as much as 1.2 million pounds ($1.9 million) will be sold at a London auction by a hedge-fund manager who has pleaded guilty to fraud charges, art dealers said.

Freshmen From Kennedy to Double Amputee Join Polarized Congress

The incoming Congress includes a hate-crime victim beaten with a baseball bat, a double amputee, a former homeless man who lived in a park, and a member so poor growing up that she had no running water or electricity.

All-Female State Delegation Among Firsts in New Congress

New Hampshire’s all-female congressional delegation -- the first in history -- is among the fresh cracks in the “marble ceiling” that Nancy Pelosi described six years ago when she became the first woman chosen as speaker of the U.S. House.

Western Asset's Walsh Says Greek Exit More Likely in 2013

A Greek exit from the euro region is more likely to happen next year than this year, according to Steve Walsh, chief investment officer for Western Asset Management Co.

U.S. Senate Rejects Treaty on the Rights of the Disabled

The U.S. Senate rejected ratification of a treaty intended to grant equal access for the disabled to employment, health care, education, physical accommodations and legal protection under international law.

Durbin Says Spending Talks in Congress Under Way to Avoid Cliff

U.S. Senator Dick Durbin of Illinois said bipartisan negotiations are under way in his chamber to avoid mandatory federal spending cuts by using recommendations of a presidential debt-reduction commission as a framework.

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James Bond’s Pinewood Turned Down on $300 Million Plan

European Stocks Little Changed Near Highest Since 2008

Five Google I/O Announcements That Matter Outside Silicon Valley

Asian Stocks Retreat as Japanese Banks Fall on Earnings

Sony’s $100 Billion Lost Decade Supports Loeb Breakup