Business Coverage

When the likes of CBS “Face the Nation” moderator Bob Schieffer and The New York Times are calling out the Obama White House on its efforts to villainize the U.S. Chamber of Commerce, you have to know something is up. However, President Barack Obama hasn’t completely distanced himself from the Chamber, a fact which has gone largely overlooked by an increasingly skeptical media. According to…

The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.

The White House’s current effort to disparage the U.S. Chamber of Commerce is an act of desperation in light of the low poll numbers of the Democratic Party going into the November midterm, as some have pointed out. But perhaps President Barack Obama should address some questions about his own fundraising before attacking other organizations. On the Oct. 11 broadcast of Fox News Channel’s “…

Albert Einstein said the definition of insanity is doing the same thing over and over again and expecting different results. And so goes the White House with these attacks on the U.S. Chamber of Commerce drummed up by the “professional left’s” blogosphere that it is using foreign donations to finance political advertising. Syndicated columnist Charles Krauthammer however, had another take on…

It seems like a phony issue for the a struggling Obama administration to be promoting – the allegations that the U.S. Chamber of  Commerce may or may not be using foreign contributions to fuel political ads against Democrats. However, President Barack Obama would be best advised to make sure his party wasn’t doing something similar before using the bully pulpit to push this meme. On CNBC’s…

Following up on yesterday's post ("Government/General Motors, UAW Hose Long-Time Members Twice in Two Weeks"; at NewsBusters; at BizzyBlog) -- What a "revolting" development this is, as reported in the Detroit News: GM Orion assembly workers to picket UAW over two-tier wage structure In an unprecedented move, Government/General Motors and the UAW are imposing a two-tiered wage structure…

Solidarity, schmolidarity.  It was one thing when the United Auto Workers agreed many years ago to temporary "two-tiered" wage structures at the plants of Detroit's Big Three automakers. After all, it was argued, they'll be brought up to a level of full pay and benefits in several years, and new employees aren't as productive as the veterans.  

On Wednesday, the far-left blog ThinkProgress unveiled an "investigation" that alleged, without any conclusive evidence, that the Chamber of Commerce was spending funds acquired from foreign-owned companies on political activities in the United States, a crime under U.S. law. ThinkProgress demonstrated that such funds entered the Chamber's general fund, and that money from the general fund…

What is it with Hollywood personalities going to Venezuela and being swept off their feet by the thuggish dictator Hugo Chávez. They come back with these stories claiming he is just misconstrued by the media and that he’s really a great guy. On Oct. 7, at an appearance at the Cato Institute in Washington, D.C. promoting her book “You Know I'm Right: More Prosperity, Less Government,” the…

In the course of preparing a post earlier today (at NewsBusters; at BizzyBlog) dealing with a glaring error in a New York Times story on planned Christmas/holiday/fourth quarter hiring, I came across this search result at Google news on "holiday retail sales" (not entered in quotes) at about 11 a.m.: With all due respect to WHIO in Dayton and reporter John Bedell, I don't understand how your…

Two New York Times reporters were out to lunch, while the Old Gray Lady's layers of fact-checkers were apparently asleep at the switch. In an item which contained a number of oddities, Times reporters Stephanie Clifford and Catherine Rampell wrote the following: Over all, full-time work in retail is slightly down. The number of people employed in the retail sector in August fell 4.9 percent, to…

One of the most embattled commodities over the last few years as the economy has struggled has been one of the most precious of all metals – gold. Over the last 12 months, the price of gold has appreciated considerably. But CNBC host Jim Cramer contends it is going higher – much higher. In an Oct. 5 interview for with Alix Steel, a reporter from Cramer’s website TheStreet.com, Cramer explained…

Government/General Motors saw its total vehicle sales fall in September to 173,031 from 185,105 in August. At the same time, Ford's sales increased from to 157,327 to 160,375. Thus, what was an almost 28,000-vehicle lead for GM in August shrank by more than half to less than 13,000 in September. No one has a crystal ball, of course, but if GM falls and Ford surges by similar amounts in October,…

With what appears to be a devastating election looming for his party, is President Obama attempting to follow in the footsteps of one of his predecessors and moderate toward the center? Not if choosing Pete Rouse to replace chief of staff Rahm Emanuel is any indication,  according to CNBC’s Larry Kudlow. On the Oct. 1 broadcast of “The Call,” CNBC Washington correspondent John Harwood…