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Men's Wearhouse ousts founder, pitchman Zimmer
Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it fired executive chairman and face of the company George Zimmer, 64, who has appeared in many of its TV commercials with the slogan "You're going to like the way you look. I guarantee ...
Fed suggests it's closer to slowing bond purchases
Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have helped keep long-term interest rates at record lows. A pullback ...
Fed suggests it's closer to slowing bond purchases
Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have helped keep long-term interest rates at record lows. A pullback ...
Compromise among senators eyed on border security
After secretive talks, key senators express optimism they are closing in on a bipartisan agreement to toughen the border security requirements in immigration legislation that also offers a path to citizenship to millions living in the country illegally. Officials said Wednesday night that under the emerging agreement, the government would ...
Hillsborough County approves incentives for Amazon
Hillsborough County is giving financial incentives to Internet retailer Amazon.com to build a distribution center. County commissioners unanimously approved the package at a meeting Wednesday. "They have proven to be a good corporate partner in the communities where they operate," Commissioner Victor Crist said. The 1-million-square-foot, $200 million warehouse in ...
AP News in Brief at 5:58 p.m. EDT
Summoning Berlin's history, Obama calls for bold action by US, Europe, including nuclear cuts BERLIN (AP) — Summoning the harsh history of this once-divided city, President Barack Obama on Wednesday cautioned the U.S. and Europe against "complacency" brought on by peace, pledging to cut America's deployed nuclear weapons by one-third ...
Oversight board concerned about NSA surveillance
In an interview this week with television talk show host Charlie Rose, Obama said he planned to meet with the oversight board and "set up and structure a national conversation" about the NSA's surveillance programs and also "about the general problem of these big data sets because this is not ...
IRS draws new criticism over $70M employee bonuses
Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses. The Obama administration has ordered agencies to cancel discretionary bonuses because of automatic spending cuts, but the IRS says it's merely following legal obligations ...
Cone Health announces plans to lay off 150 workers
Cone Health announced Wednesday that it's laying off 150 workers to help cut $30 million from its budget. President and chief operating officer Terry Akin said the health care provider will eliminate a total of 300 jobs over the next three months. Of those jobs, 150 are vacant, he said. ...
Editorial Roundup: Excerpts from recent editorials
Excerpts from recent editorials in newspapers in the United States and abroad: June 18 The Star-Ledger, New Jersey, on unwillingness to make a debt deal keeps U.S. economic rebound stalled: The International Monetary Fund is that elite group of pinched-nosed accountants who have been running around Europe for the last ...
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