In San Francisco today, a federal judge gave preliminary approval to a multimillion dollar settlement. It comes in response to a class action lawsuit over the cost of LCD computer and television screens. The deal, once it's finalized, will be the largest settlement ever in a class action case about price-fixing.
Atlanta-based Chick-fil-A has long stood by its Bible-based roots, keeping stores closed on Sundays and donating millions to Christian causes. But when its president, Dan Cathy, went public to defend his company's stance against gay marriage, he set off a considerable controversy that has everyone from politicians to puppets weighing in.
Federal Reserve Chairman Ben Bernanke appears before the House Financial Services Committee July 18. Economists expect Fed policymakers to consider further steps to boost growth when they meet next week.
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A worker at a Colorado National Guard construction site funded by federal stimulus funds in 2010 in Lakewood, Colo. Economists say the latest gross domestic product report shows the recession was less severe than previously thought. That's because government spending helped prop up the economy. Now, eyes are turning to the Federal Reserve to boost growth.
Originally published on Mon October 22, 2012 11:33 am
The Olympics begin this afternoon, and the stores are filling up with school supplies, meaning that you only have a few more weeks to fit in a summer vacation. And if you'd like to add a quirky food-themed museum to your getaway plans, The Salt has compiled a few suggestions that are certainly off the beaten path.
Police in Prince George's County, Md., "have arrested a man who [they say] referred to himself as 'a joker' and threatened to shoot people at his former workplace," The Washington Post's The Crime Scene blog writes.
A flurry of extreme weather events, including wildfires, heat waves and droughts may have convinced more Americans that the planet is warming. A poll by the Brookings Institute found that 62 percent of Americans now believe in global warming, and nearly half of them have cited warmer temperatures or change in weather patterns as the reason for their belief.
The London 2012 Summer Games are set to begin in earnest, with today's opening ceremony kicking off a weekend of gold-medal competitions. But if you're in America and you hope to watch the Opening Ceremony live, I'm afraid you'll be disappointed: NBC is tape-delaying its broadcast until Friday night.
No surprise: The economy grew only sluggishly in April, May and June. The U.S. Commerce Department says gross domestic product — the sum of all goods and services produced in the country — grew by just 1.5 percent in the second quarter.