US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
Industry
Moto X provides new options for consumers
Moto X, the phone from Google and Motorola, offers a new phone experience to its owners and users. Motorola is launching a new phone, billed as 'always listening' for the voice commands of its owner.
China's Politburo assures growth stability
China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.
Tiger Woods shoots 61
Tiger Woods shoots career best 61 at the Firestone Country Club. Tiger Woods, one of the greatest golfers of all time, is now well on his way in returning to the form that saw him win four PGA Tour titles this year.
Japanese businessmen look for opportunity in Myanmar
Japanese executives will attend a meeting in Myanmar to discuss future investment ventures. Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.
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Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
According to optimistic analysts, India is still on track to becoming the net super economy if only industrial houses continued to invest.
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
Reuters reported that China's private businesses could experience succession problem in the next few years.
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
According to Indonesia's Bureau for Statistics, global demand for the country's assets remained unattractive to foreign investors.
