Chicago continues to wrestle with a massive budget gap and severely underfunded pensions. Fresh off a negotiating tussle with the city's teachers and a school strike, Chicago Mayor Rahm Emanuel on Wednesday presents his proposed 2013 budget to the City Council.
Branson dropped out of school at 15, but by 16 he had his own magazine, and by 21 he had opened his first business — Virgin Records. Today, he's the head of a global business empire. In Like a Virgin, Branson shares the story of his success.
The former General Electric CEO joined others in raising questions about Friday's report and whether it might have been skewed to boost the president's campaign. Obama administration officials have rejected such talk. But Welch is still asking questions.
Tens of thousands of angry Greeks protested eurozone-imposed austerity measures as German Chancellor Angela Merkel arrived for her first visit to Greece since the debt crisis erupted three years ago. Merkel struck a conciliatory tone but Greeks carried banners reading: Merkel out, Greece is not your colony.
International Monetary Fund economists also warn that things could get even worse if European leaders don't finally get the euro crisis under control and if U.S. lawmakers let the federal government go over its "fiscal cliff."
GOP presidential nominee Mitt Romney thinks the best way to boost employment is through a reduction in tax rates. Critics say it would be difficult for Romney's plan to work without ending some popular deductions.
Traditional baseball autographs are getting an upgrade thanks to a new startup. For around $50, fans can get an autographed digital picture, a handwritten note and a personalized audio message from major leaguers. The company has signed up about 130 players so far.
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