Obama Pushes Tax Reform, Export Expansion

Posted On December 11, 2014

(Washington, DC) -- President Obama is starting to lay the groundwork for legislation to tackle the nation's tax code. Speaking with his Export Council in Washington Thursday, the President explained why the corporate tax rate needs to be reformed.   Obama says he believes there's plenty of common ground with Republicans to change the code.…

People Snatching Classic Apple iPods On eBay

Posted On December 11, 2014

(Undated) -- If you own an Apple iPod Classic, it might bring you a nice holiday bonus. The MP3 player is fetching more than double the retail price, averaging around 400-bucks online, now that Apple has killed the outdated storage device. Five-thousand of the 160 gigabyte versions have already sold on eBay, with some that…

Jobless Claims Down Slightly

Posted On December 11, 2014

(Washington, DC) -- The number of people filing first-time claims for unemployment benefits is down a bit. The Labor Department announced Thursday that it received 294-thousand requests last week, which is just slightly less than the 297-thousand requests received the week prior. While the decrease is minor, most analysts hadn't been expecting any change at…

Japanese Car Makers Are Recalling Cars With Takata Airbags

Posted On December 11, 2014

(Tokyo) -- Three Japanese car companies are recalling over half-a-million cars worldwide so they can replace the Takata airbags. Honda, Mitsubishi and Nissan motors all announced recalls Thursday. Takata's biggest customer, Honda, said it will recall about 400-thousand vehicles. Nissan said it will recall 152-thousand vehicles worldwide to replace defective Takata passenger side airbags. Nissan…

Apple Doesn’t Want Jobs Video Shown In Court

Posted On December 11, 2014

(Undated) -- Apple is trying to stop a video of Steve Jobs from being made public. A report in Business Insider says the video is part of an antitrust case against Apple, and shows the Apple co-founder answering questions about iTunes in a 2011 deposition. Apple lawyers say that Jobs' testimony in the video has…