WASHINGTON — Members of the House are scrambling back to Washington Tuesday to approve a short-term lift of the nation’s debt limit and ensure the federal government can continue fully paying its bills into December.
The $480 billion increase in the country’s borrowing ceiling cleared ...
WASHINGTON — Senate Minority Leader Mitch McConnell said Friday he would not again help Democrats extend the government’s borrowing authority, raising fresh doubts about how Congress will avert a federal default when a temporary patch expires in December.
McConnell issued his warning in a ...
WASHINGTON — The Senate has dodged a U.S. debt disaster, voting to extend the government’s borrowing authority into December and temporarily avert an unprecedented federal default that experts warned would devastate the economy and harm millions of Americans.
The party-line Democratic ...
NEW YORK — Barry Diller’s IAC is buying Meredith, one of the country’s largest magazine companies and the publisher of People, Southern Living and InStyle, in hopes of accelerating a digital shift as print fades.
IAC’s Dotdash, a collection of websites including Investopedia, Brides, ...
WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that ...
OMAHA, Neb. — Work at all of the Kellogg Company’s U.S. cereal plants came to a halt Tuesday as roughly 1,400 workers went on strike, but it wasn’t immediately clear how much the supply of Frosted Flakes or any of the company’s other iconic brands would be disrupted.
The strike ...