Kenneth R. Feinberg, the Obama administration's "pay czar," said Wednesday that renegotiating bonuses guaranteed to executives at American International Group will be a "top priority" as he reviews pay packages for 2010, setting the stage for a potential showdown between the federal government an...
General Dynamics, a major defense contractor headquartered in Falls Church, reported Wednesday that third-quarter profit dropped nearly 10 percent, due in part to a five-week halt in production of its luxury Gulfstream business jets this summer.
New home sales fell unexpectedly last month, according to government data released Wednesday, a potential reflection of the waning impact of a tax credit for first-time home buyers.
BEIJING -- Shen Baohou, 72, who once worked for a hydropower station in Sichuan province, has a serious heart problem, and he -- and his children -- are paying for it dearly.
A former member of the Nuclear Regulatory Commission violated government ethics rules by directly contacting potential employers with business before the NRC before the end of his term in mid-2007, according to a report by the commission's inspector general.
House Speaker Nancy Pelosi will unveil a health-care reform bill on Thursday that includes a government insurance option and a historic expansion of Medicaid, although sticking points in the legislation involving abortion and immigration remain unresolved.
President Obama and members of Congress told federal agencies earlier this year to avoid awarding funds under the American Recovery and Reinvestment Act to contractors with troubled histories of work for the federal government.
Facing declining mail volume, workforce cuts through employee buyouts and the possible closure of hundreds of post offices, the U.S. Postal Service has a new "get well" remedy: greeting cards.
People dread getting calls from bill collectors. And it's not always because they can't pay. It can be a degrading experience, especially with third-party collectors who are overly aggressive, even threatening.
Transportation Secretary Ray LaHood Wednesday promised more scrutiny of "distracted flying," a week after a Minneapolis-bound commercial jet overshot its destination airport by 150 miles.
