A divided U.S. Congress probably won’t agree to revamping the tax code this year, according to the head of the American Petroleum Institute, which is lobbying to protect breaks for the oil and gas industry.
New York Republican mayoral candidate Joseph Lhota said he agreed with Bill de Blasio, the presumptive Democratic candidate, that the city should offer universal, all-day pre-kindergarten. He disagreed that the rich should be taxed to pay for it.
Peer Steinbrueck, the Social Democrat trying to unseat Angela Merkel as German chancellor, drew controversy by striking a vulgar pose in the cover photo of a popular magazine, deriding his critics nine days before voters go the ballot box.
Randy Webb sees scant evidence of a U.S. manufacturing rebound in the Ohio plant where he’s fixed aircraft electronics for 25 years. Honeywell International Inc. is closing the shop in 2014 as it expands such work overseas.