WASHINGTON (AP) — Vice President Joe Biden is hosting House Majority Leader Eric Cantor for dinner on Wednesday.
The meeting between Biden and the Virginia Republican comes as the White House struggles to get Republican support for elements of the president's jobs bill. Cantor has been one of President Barack Obama's fiercest critics.
Obama has had little …
Over the past 40 years, the 500 stocks comprising the benchmark Standard & Poor's Index have averaged a price-to-earnings ratio of 16.34.
At its core, a PE ratio tells investors how many years it will take for the earnings from the total outstanding shares of a company to equal the current share price. Conventional wisdom says that a stock with a high PE ratio shows that investors believe the company has sound growth opportunities.
Despite the unprecedented crash in technology stock valuations over the past two years, many of the leading software and hardware issues still have plenty of downside ahead compared to their nontechnology brethren.
In the …
Investigators probing a massive tax evasion by hundreds of Germans mounted more raids across the country on Tuesday, ahead a visit by the prime minister of Liechtenstein, where much of the money is believed to have been stashed.
Prosecutors in Bochum, who are leading the nationwide probe that has already sparked the resignation of one of the country's top managers, former Deutsche Post AG chief executive Klaus Zumwinkel, said their investigation was ongoing.
"We are continuing our work and that includes searches," Bernd Bieniossek, a spokesman for prosecutors in Bochum told reporters. He declined to comment further.
Dresdner Bank AG …
Better late than never, Boise's Greenhouse ready to open
Mark Twain joked, "Everybody complains about the weather, but nobody does anything about it." Who knew Twain was also a world-class economist? No truer words could be said about small businesses in 2010.
The U.S. Department of Labor reports that an estimated 97 percent of private firms in Idaho are considered small businesses.
It's not too difficult to connect the dots. Small business moves the needle on Idaho's economy: employment, income and gross domestic product. Follow small business, follow the money.
If someone is running for office this year, they're saying that the answer to our economic woes …
BRUSSELS (AP) — A Belgian nurse who saved the lives of hundreds of American soldiers during the Battle of the Bulge at the end of World War II was given a U.S. award for valor Monday — 67 years late.
Congolese-born Augusta Chiwy, now 93, received the Civilian Award for Humanitarian Service medal from U.S. Ambassador Howard Gutman at a ceremony in the military museum in Brussels.
"She helped, she helped, and she helped," Gutman said at the ceremony. He said the long delay in presenting the award was because it was assumed that Chiwy had been killed when a bomb destroyed her hospital.
The Battle of the Bulge was a ferocious encounter in the final stages of World War II. In …
Greece will pull its economy out of its worst crisis in decades by tackling corruption and waste regardless of the political cost, Prime Minister George Papandreou has vowed.
Papandreou has announced a raft of measures to reduce Greece's staggering (EURO)300 billion ($440 billion) public debt by 2012 and gradually bring the budget deficit _ projected at 12.7 percent for 2009 _ to below the European Union's requirement of 3 percent of a country's economic output by the end of 2013.
"We don't have an orthodox cocktail of measures," Papandreou told The Associated Press in a telephone interview Wednesday from Copenhagen, where he was attending the …
