Tag: economy
Former Italian Prime Minister Berlusconi hopes to come back
In Italy, the caretaker government of Prime Minister Mario Monti has been dissolved. But with new elections to be held In February and another former prime minister already set to run again, some say this isn't necessarily the end of Monti....
Obama, Boehner aiming for post-Christmas deal to avoid fiscal cliff
In another attempt to strike a deal and avoid a fiscal cliff, House Speaker John Boehner introduced a plan extending the Bush-era tax cuts for Americans earning less than $1 million. But the plan failed and now the clock is ticking to strike a new deal....
Myanmar protests test government commitment to political reforms
A Chinese company is moving to begin a large copper mining project in rural Myanmar, but its running into stiff resistance from monks and local farmers who say they're being taken advantage of. Police moved in with water cannons and fire bombs -- but the national government says that won't happen again....
Politicians deadlock on agreement to avert fiscal cliff cuts, hikes
The negotiations over the fiscal cliff continue with few outward signs of progress. Democrats and Republicans are pointing fingers and seem able to agree on just one thing: don't expect any deals before Christmas....
Michigan film industry rises and falls as tax credits come and go
When Michigan's auto factories started to close, many wondered what to do with them. The state decided to try and turn them into movie studios, which worked for a time. Until the tax credits ran out. Now those new studios are empty former factories once more....
Job placement agency looks beyond education credentials for candidates
Job creators usually look for the best and the brightest out of college. But one company believes having a can-do attitude is more important than a college degree. ...
Local officials find difficulties in evaluating effectiveness of business tax incentives
States are competing against each other with tax incentives in the battle for jobs. But once incentives are given out, some are finding it impossible to determine whether they're getting any return on their investment....
Denver group turns abandoned barn into collaboration space for fighting global poverty
In the fight against global poverty, little is easy. A Denver group is recognizing that and trying to bring groups in that field together to leverage each other's strengths and make it easier for them to work together. They're turning to an abandoned horse barn to do so....
Fiscal cliff debate: No progress as tax cuts set to expire
President Barack Obama and the Republicans are digging in their heels over proposals to resolve the crisis of the fiscal cliff. So far, both sides say no progress has been made and seem to be trying to lower expectations for a deal....
Scientist takes inspiration from natural world to create self-filling water bottle
Sometimes, nature knows the best way to solve a problem. There's a beetle that lives in a part of the world where less than .5 inches of rain fall per year. So the beetle draws water from the air, and now a businessman is trying to harness that idea to create, among other things, a self-filling water bottle....
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