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Paperwork nightmare: A struggle to fix new law

admin — Sat, 31 Jul 2010 16:00:34 +0000

By STEPHEN OHLEMACHER
Associated Press Writer

WASHINGTON (AP) – Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses.
They must file tax forms for every vendor that sells them more than $600 in goods.
The goal is to prevent vendors from underreporting their income to the Internal Revenue Service.
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Paperwork nightmare: A struggle to fix new law

admin — Sat, 31 Jul 2010 15:45:00 +0000

WASHINGTON — Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses.
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Chrysler to add 900 jobs to midsize-car plant

admin — Fri, 30 Jul 2010 16:00:29 +0000

By TOM KRISHER
AP Auto Writer

DETROIT (AP) – Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit.
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Sanofi CEO targeting everything but blockbusters

admin — Fri, 30 Jul 2010 15:56:00 +0000

TRENTON, N.J. — After 20 months running drugmaker Sanofi-Aventis SA, Chris Viehbacher wants to end the roller coaster of revenue peaks and valleys as blockbuster drugs climb to billions in sales and suddenly plummet when generic competition hits.
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Costs for recall hit Kellogg in 2Q, cuts outlook

admin — Thu, 29 Jul 2010 16:00:34 +0000

By SARAH SKIDMORE
AP Food Industry Writer

PORTLAND, Ore.
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Penske 2Q profit doubles on auto sales recovery

admin — Thu, 29 Jul 2010 15:50:00 +0000

BLOOMFIELD HILLS, Mich. — Auto dealership chain Penske Automotive Group Inc. said Thursday its second-quarter net income more than doubled on improving sales of cars and trucks.
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Praxair board authorizes $1.5B share buyback

admin — Wed, 28 Jul 2010 16:00:29 +0000

DANBURY, Conn.
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Stocks fall after drop in durable goods orders

admin — Wed, 28 Jul 2010 15:54:00 +0000

Stocks are falling slightly after another disappointing economic report added to doubts about the recovery.
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Treasury to hold conference on Fannie, Freddie

admin — Tue, 27 Jul 2010 16:00:30 +0000

By ALAN ZIBEL
AP Real Estate Writer

WASHINGTON (AP) – The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference in next month to discuss their future.
The administration said Tuesday the event will be held Aug.
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Treasury to hold conference on Fannie, Freddie

admin — Tue, 27 Jul 2010 15:52:00 +0000

WASHINGTON — The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference in next month to discuss their future.
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