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While members of Congress criticize executives of bailed out companies for taking too many costly trips to resorts, their taxpayer-funded travel—often to exotic spots unrelated to their official duties—has increased drastically. U.S. taxpayers dished out $13 million for hundreds of federal lawmakers and their families to travel overseas in 2008 alone and the tab will only get bigger. A newspaper’s thorough analysis of 60,000 congressional travel records reveals that spending on overseas travel is up almost tenfold since 1995 and has nearly tripled since 2001. Since Democrats took control of Congress two years ago, the cost of overseas travel for legislators and their families has jumped 50%. A few have traveled to war zones (undoubtedly for favorable sound bites) but mainly they have gone to locations unrelated to their work,... [read full story]
NYSE TRIN @ +.80 NYSE A/D line @ +1060 2:48PM New afternoon rebound highs for the stock indices S&P +4.9 and Nasdaq +8.5 nearing morning peaks -- "The increase in spending will benefit equipment manufacturers in water...
Canadian biotechnology company QLT Inc. said Wednesday it will pay Massachusetts General Hospital $20 million to settle a lawsuit over product royalties. The Vancouver company said the payment is for "all past and future...
MINNEAPOLIS----While consumers are gearing up for an exciting Black Friday shopping excursion, Best Buy is making the day even more memorable by crowning twenty-five Black Friday VIP’s across the country.
Hunt, Niven spent three weeks sightseeing, volunteering | Dressed in her scrubs and walking through the Santuario del Senior de Huanca in Cuzco, Peru, Sheila Hunt was constantly stopped and asked the same question.
