Obama’s Budget: $1 Trillion
President Obama is poised to release his budget plan for next year, but don’t expect it to make many Americans happy — even though the White House tells ABC News that it will cut the deficit more than $1 trillion over the next decade. Obama plans to use the savings from those cuts to pay […]
Competition for low airfares
With airlines imposing fees for things like checked bags, priority seating and access to airport lounges, finding a good fare is just the starting point. Ticket buyers then need to check multiple Web sites to figure out the best deal. Now, even that process is on the verge of change, and the impetus is coming […]
Deutsche buying NYSE in major shakeup ?!
NEW YORK/FRANKFURT (Reuters) – Germany’s Deutsche Boerse is in advanced talks to buy NYSE Euronext to create the world’s largest trading powerhouse, marking the second major transatlantic deal in 24 hours in a massive shake-up of an industry under pressure from upstart rivals. The London Stock Exchange said earlier it has agreed to buy Canadian […]