Here is a quote from a speech given by a leading Republican about a recently passed federal law that introduced a major new government program. "It [the new program] is a glaring example of the bungling and waste that have characterized this administration's attempts to fulfill its benevolent purposes. In my own judgment - and I have examined it most carefully - this law is unjust, unworkable, stupidly drafted and wastefully financed."
LAS VEGAS (AP) - The cannon at the Flutter Fetti booth near the front of the gambling trade show in Las Vegas last week delivered regular bursts of metallic and crepe paper cutouts, shooting them to the ceiling in big booms and carpeting the floor with shimmering hearts, stars and circles. The glittery mess outshone the slot machines and online poker touchscreens in more ways than one.
SAN FRANCISCO (AP) - Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion in one of the year's most eagerly awaited stock market debuts.
NEW YORK (AP) - Americans, who're increasingly optimistic about improving economic conditions, are expected to spend at a more rapid clip during the upcoming holiday shopping season than they did last year.
SAN FRANCISCO (AP) - Oracle is facing a potential shareholder revolt against a compensation formula that has consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world.
WASHINGTON (AP) - The consulting and accounting firm EY is aggressively recruiting on college campuses this spring. The company formerly known as Ernst & Young plans to hire 9,000 graduates from U.S. universities this year, up from 7,500 in 2014. But recruiting isn't as easy as it used to be.
TRENTON, N.J. (AP) - U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act.
ALBANY, N.Y. (AP) - New York's attorney general has launched an inquiry into 13 major retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for at least four hours when they report for work.
CHICAGO (AP) - Trying to slim down? Weight Watchers and Jenny Craig scored the best marks for effectiveness in a review of research on commercial diet programs, but many other plans just haven't been studied enough to evaluate long-term results.
NEW YORK (AP) - Starbucks says its workers can now have four years of tuition covered for an online college degree from Arizona State University instead of just two, marking the latest sign that companies are rethinking their treatment of low-wage workers.