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Bill Cassidy Providing Emergency Assistance To Wealthy Televangelists

04/17/14 Bill Cassidy, Republican Congressman from Louisiana and physician was in the news last week as he provided emergency treatment to a fellow passenger on a Southwest Airlines flight. He may well have gained one more vote in his Senate race. This week Congressman Cassidy introduced The Faith and Fairness Act of 2014 ” a response to Judge Barbara Crabbs ruling that Code Section 107(2) which exempts from income tax cash housing allowances of “ ministers of the gospel is unconstitutional. ...Read More »

Obama: Eight Million Enrolled Under Affordable Care Act

04/17/14 President Barack Obama gave a briefing Thursday announcing eight million people have signed up under the Affordable Care Act. He blasted continued Republican efforts to repeal the law. (Photo/Video: AP) ...Read More »

Weibo withstands weakness in tech

04/17/14 The Chinese online messaging company, Weibo, had a strong start in its Nasdaq debut, showing that investor appetite for Chinese tech IPOs remains strong, setting the stage for Alibabas highly anticipated debut. Lily Jamali reports. ...Read More »
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Video: The Other Important Number In The President's Obamacare Briefing: 24

04/17/14 After facing months of questions over whether the White House would hit its goal of 7 million Obamacare sign-ups, President Obama had the latest enrollment data in hand—and it was a bigger number than almost anyone expected. Standing in the White House press briefing room, the president said “The number of Americans who’ve signed up for private insurance in the marketplaces has grown to 8 million people. This thing is working. ...Read More »

Obama Sharply Criticizes Republicans As He Announces 8 Million Have Enrolled

04/17/14 Enrollment in private health insurance on federal and state marketplaces has surged in recent weeks and now totals 8 million, a feisty President Barack Obama said Thursday. “This thing is working,” Obama said at a White House news conference in which he lambasted Republican critics of the health law, especially those in states that did not expand Medicaid eligibility, as the law allows. “I'm sorry. I'm going to say one last thing about this -- just because this -- this does frustrate me, states that have chosen not to expand Medicaid for no other reason than political spite,” Obama said. “You got 5 million people who could be having health insurance right now, at no cost to these states -- zero cost to these states – [yet] other than ideological reasons, they have chosen not to provide health insurance for their citizens.” ...Read More »

Wall Street snaps back to life

04/17/14 Summary: The S 500 roars back with its best weekly gain since July, while the Nasdaq snaps a three-week slump aided by upbeat earnings from Morgan Stanley, Goldman Sachs and General Electric. Conway G. Gittens reports. ...Read More »

US Stock Market Ends Higher As Earnings Pour In

04/17/14 Corporate earnings pushed U.S. stocks mostly higher on Thursday. The Standard & Poor's 500 index rose two points, to close at 1,864.85. Seven of the 10 industry sectors in the S&P 500 gained, led by energy stocks. The Nasdaq added nine points, to finish at 4,095.52. The Dow Jones industrial average, however, fell 16 points, to close at 16,408.54, hurt by the big drop in IBM. ...Read More »

Lululemon CEO Looks Beyond Yoga Wear For Growth

04/17/14 Lululemon, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, New CEO Laurent Potdevin, who was recruited to revive the company's fortunes after an embarrassing recall and supply chain issues last year raised questions about growth prospects, made the comments in Vancouver at the retailer's analyst day. ...Read More »

IRS Audits Less Than 1 Percent Of Big Partnerships

04/17/14 A new government report says the IRS audits less than 1 percent of large partnerships, drawing criticism from Congress. The Government Accountability Office says the number of large businesses organized as partnerships has more than tripled since 2002, yet hardly any get close scrutiny by the IRS. The GAO defines large partnerships as those with more than 100 partners and more than $100 million in assets. ...Read More »

Chelsea Clinton Is Pregnant With First Child

04/17/14 April 17 (Bloomberg) -- On todays The Roundup, Trish Regan, Julie Hyman, Cristina Alesci and Eric Chemi wrap up the days top market stories on Bloomberg Televisions Street Smart. (Source: Bloomberg) ...Read More »

Video: Obama Sharply Criticizes Republicans As He Announces 8 Million Have Enrolled

04/17/14 Enrollment in private health insurance on federal and state marketplaces has surged in recent weeks and now totals 8 million, a feisty President Barack Obama said Thursday. “This thing is working,” Obama said at a White House news conference in which he lambasted Republican critics of the health law, especially those in states that did not expand Medicaid eligibility, as the law allows. “I'm sorry. ...Read More »


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