Congressional Leaders Reach Deal on Bipartisan Budget Agreement
Negotiations on Capitol Hill have yielded a modest budget agreement to ease automatic spending cuts and replace some of them with savings from future-year cuts. The deal does not include extension of unemployment benefits past 26 weeks.
Obama, Raul Castro Shake Hands at Mandela Memorial
Obama greeted Castro as he was walking to the podium to pay tribute to Mandela. The two were among the many world leaders that were on hand at a Soweto soccer stadium to honor Mandela.
Seasonal Hiring Not as Strong as Expected
Holiday hiring by retailers, which got off to its best start since 1999, has now tapered off. A consulting firm reports hiring in November was under levels from the same time last year.
Cruz, Gingrich Defend Mandela Against GOP Critics
Sen. Ted Cruz defied critics angry that he eulogized the former South African president and joined a 23-member congressional delegation going to honor Mandela.
GM Names Barra CEO, First Woman to Head US Car Company
Mary Barra has spent the past three years as General Motors' product chief. On Tuesday, the board named the 33-year company veteran CEO, replacing Dan Akerson.
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