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.
SEATTLE (AP) - Flames that engulfed the front end of a Tesla electric car near Seattle also burned in the vehicle's battery pack, making it difficult for firefighters to extinguish the blaze, according to documents obtained by The Associated Press.
SAN FRANCISCO (AP) - Activist investor Carl Icahn is pressuring Apple to spend $150 billion buying back its own stock, a target that would more than double the amount that the company's board authorized in a previous attempt to placate frustrated shareholders.
Q: I have a neighbor who is in his early 50s. He is a pilot for a major airline and makes pretty good money. He and his wife have several children, one of whom has a rather severe case of Down syndrome. I have heard that this 21-year-old son is collecting about $2,000 per month in welfare benefits from Social Security. Don't get me wrong. I would never want to trade places with these people. But I am just wondering how rich people qualify for welfare benefits? And I'm also wondering why this kid is getting Social ...