The Pentagon plans to notify members of Congress Wednesday about its plans to furlough some 800,000 civilian employees later this spring. That's just one consequence of the federal government's automatic spending cuts which are due to take effect next week. President Obama is urging Congress to halt the cuts, at least temporarily, while lawmakers try to craft a more lasting budget agreement.
Following the lead of cities like San Francisco and Washington, D.C., New York wants to permit passengers to use smartphone apps to find a yellow cab. But the prospect of change has prompted a lawsuit from private car services, whose passengers already use smartphones to hail drivers.
Janet Sims-Wood, 67, is like millions of other seniors still working in order to make ends meet. For the part-time librarian, the recession put a huge dent in her savings, so she expects she'll have to work as long as her health allows.
China's army is behind a prolific group of hackers who've attacked dozens of American companies and government agencies. That's according to a detailed report released Tuesday by Mandiant, a computer security firm. Melissa Block talks with Mandiant CEO Kevin Mandia.
It's widely accepted that indiscriminate spending cuts in defense and domestic programs due to start March 1 are likely to occur owing to the failure of President Obama and the Republican-led House to reach an agreement. But where voters will place most of the blame is still an open question.
Gas prices typically rise this time of year as refineries switch to summertime formulas, which are designed to reduce smog. But because of maintenance work — partially delayed by Superstorm Sandy — the run-up in prices is happening earlier this year.
When you think whisky from the U.K., you think Scotch. But a group of entrepreneurs is trying to restart England's long-dormant whisky business — and prove their version of the quaff can be jolly good, too. English whisky is headed stateside in April.
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