Republicans defended Mitt Romney against criticism from Democrats that he avoided taxes by keeping money stashed overseas. Those roles are now reversed with the disclosure that President Barack Obama’s pick to run the Commerce Department does the same thing.
Tom Wheeler, President Barack Obama’s nominee to head the FCC, agreed to sell holdings of $500,001 to $1 million in both AT&T Inc. and Verizon Communications Inc. to resolve possible conflicts of interest before taking office.
Money manager Tim McCarthy has worked in the U.S., Russia and Switzerland, and has seen doctors in all three countries for Hashimoto disease, a condition in which his immune system attacks his thyroid. He has no doubt which health system is best.
The House Transportation Committee approved a measure that would allow construction of the Keystone XL pipeline without action by President Barack Obama, the third panel to push the pipeline bill this year.
A Senate panel approved the nomination of Thomas Perez to be labor secretary, advancing President Barack Obama’s pick to succeed Hilda Solis as the nation’s top labor-law enforcer to the full U.S. Senate where Republican opposition is building.
Altria Group Inc., Reynolds American Inc. and Lorillard Inc. defeated most of the claims in lawsuits brought by more than 700 West Virginia residents seeking damages for death and injury caused by smoking.