Congress considers CRS proposal to increase social security benefits, retirement security
Congressman Alan Grayson came up with a legislation called “Seniors Deserve a Raise Act” that would give recipients of Social Security an increase for elders, and improve the retirement security.
Sep 03, 2015 12:04 AM EDT
Defective Takata airbags count lower than estimate
Original count of defective airbag inflators higher than NHTSA count due to double counting. This number covers 11 different car manufacturers and is much lower than the original estimate of 34 million. Around 4 million airbags need repair and 19 million vehicles are involved in the recall.
Calpers and Calstrs oppose amendment in Bylaws at Bank of America to combine CEO, chairman role
The California Public Employees’ Retirement System and the California State Teachers’ Retirement System joined forces to oppose corporate bylaw changes at the Bank of America Corp to stop Brian Moynihan from becoming both chief executive and chairman.
McDonalds McMuffins will be available all day long starting October 6
McDonald's gave in to 120,000 customer requests to serve breakfast items all day. For a few months, McDonald's has been hearing customers saying how much they wanted to have an Egg McMuffin not only for breakfast but any time of the day.
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Valeant partners with AstraZeneca for psoriasis drug
AstraZeneca and Valeant Pharmaceuticals share rights to latest psoriasis drug brodalumab in a deal amounting to more than $400 million.
Sep 02, 2015 3:21 AM EDT
KMART pays $1.4M under False Claims Act
Kmart paid $1.4 million for violating the False Claims Act, said the U.S. Justice Department Tuesday. The Sears Holdings Corp.-owned chain illegally used drug manufacturer coupons and gasoline discounts to invite elderly Medicare healthcare insurance beneficiaries to fill their pharmacies' prescriptions.
Sep 02, 2015 3:17 AM EDT
Make Good Fortune Flying your Drones
Your drone can give you great fortune, that is if you know how to fly your drone and comply with the rules. You can make money flying your drone.
Sep 02, 2015 3:14 AM EDT
Irish Gambler John McManus seeks $5.22 Million tax refund from IRS citing international treaty
One of Ireland’s richest, horserace owner and businessman John P. McManus is asking for $5.2 million from the U.S. government, which was wrongfully withheld from his $17.4 million gambling winnings to cover taxes.
Sep 02, 2015 3:09 AM EDT
Honda opens first compressed natural gas fueling station in Ohio despite CNG civic being discontinued
Honda recently opened its first CNG refuelling station at its campus in Marysville, Ohio. Honda Motor Co. was one of North America's leading proponents of natural gas in vehicles for more than 16 years.
Sep 02, 2015 2:48 AM EDT
Millions of Medicare members face 52% higher premiums in 2016
Some 30 percent or 50 million elderly Medicare-dependent Americans could pay could pay higher premium rates for their Medicare Part B in 2016 due to a quirk in the law.
Sep 01, 2015 11:59 PM EDT
Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras
Rolls-Royce is allegedly involved in the giant Brazilian Scandal involving bribery among officials to win contracts with state-owned oil giant Petrobras.
Sep 01, 2015 11:54 PM EDT
Greece elections: Clear mandate holds the key on $96-bn bailout package
Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.
Sep 01, 2015 11:53 PM EDT
Chinese funds inflow creates jobs in US, but concerns also
Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.
Sep 01, 2015 11:50 PM EDT
Foxconn Technology denies termination of $1B investment in Indonesia
Contrary to the reports, Foxconn denies the allegation that they are pulling out the $1B investment deal in Indonesia.
Sep 01, 2015 11:37 PM EDT
Fiat Chrysler offers $100 debit cards to those affected with US vehicle recall
Fiat Chrysler lures owners of recalled vehicles $100 debit card for repairs and discounts of up to $2000 for those who opt to trade in and purchase new cars.
Sep 01, 2015 11:36 PM EDT
Chipotle sued for GMO-free food claims
Chipotle claimed that it is the first restaurant to offer GMO-free food but one customer challenged their claim as misleading.
Sep 01, 2015 11:33 PM EDT
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