Tags: , , ,

Donald Trump Criticizes Rep. Mitt Romney, Calls Him “small-business guy”


Donald Trump, photo by Gage Skidmore

WASHINGTON – American business mogul and likely presidential hopeful, Donald Trump, has made headlines numerous times over the last few weeks after publically lashing out at political heads, including both President Bush and President Obama.

In the latest outburst, Mr. Trump criticized Rep. Mitt Romney during an interview on the CNN show “State of the Union” that aired earlier today.

After being asked by the CNN reporter Candy Crowley why Trump is preferable to Mitt Romney for Republicans, Trump characterized Romney as “a small-business guy,” going on to say, “I’m much bigger than this man and have a much, much bigger net worth. I mean my net worth is many, many, many times Mitt Romney,” when asked who was a better businessman.

Read the full story

Tags: , , ,

Former U.S. President Carter Plans Trip to North Korea

Former 39th President of the United States, Jimmy Carter, served in 1977 to 1981.

The former 39th President of the United States, Jimmy Carter, is planning a trip to North Korea, according to the U.S. State Department, and North Korean state media.

Few details have been publically released about the trip, including its purpose, objectives, and duration.

It is believed Carter’s trip is aimed at easing tensions between North and South Korea, where tensions in November 2010 escalated to the shelling of a South Korean island that resulted in the deaths of citizens. Before that incident, North Korea allegedly sank a South Korean ship, killing upwards of forty service men. In both attacks, the South refrained from retaliation, fearing an all-out war in the volatile region.

Read the full story

Tags: , , ,

Obama Could Veto Just Approved $61bn House Spending Cut Vote

WASHINGTON—Early this Saturday morning, the United States House of Representatives voted 235 to 189 in favor of trimming $61-billion in federal spending costs off of the $1.2-trillion federal budget for fiscal 2011.

The Republican controlled House vowed to cut spending in a bid to avoid any future tax hike, even adding new limitations to the access of money that would have been earmarked to support Obama’s health-care reform plan.

Democrats will not accept the spending concessions, and as an early March spending deadline looms, the government could be shut out if lawmakers don’t reach a consensus on spending.

Read the full story

Tags: , ,

Obama proposes new tax credits under Middle Class Task Force

President Obama unveiled new economic incentives for working middle-class families during a meeting with the Middle Class Taskforce this morning

The Obama administration today unveiled a proposal to create new economic incentives that are aimed at assisting middle class Americans during this difficult economic time.

President Obama is proposing to double tax credits, force the creation of IRAs (these are workplace retirement savings vehicles) in firms for employees, and to limit student educational loan payments at 10-percent of total annual gross income, additional tax-cuts for families that are overseeing the care of elderly relatives, among other initiatives.

Read the full story

Business 2.0 Press publishes exclusive business tech news and analysis covering start-ups to large-caps from Bay & Wall streets since 2008 from a group of highly knowledgeable industry professionals that abide by the toughest industry codes of conduct and professional standards lightMore

lightAdd value by subscribing (RSS)


StockFractions.com has the most stock ratios for public companies. Get the most comprehensive micro insight on public firms available on the web, all for free.
Stock Fractionsgo


Colon cancer is one of the leading causes of death. Irrespective of family history, everyone is exposed to the risk. About 90% of colon cancer cases begin from non-cancerous tumors, polyps, which could form in the large bowel. Screening with a colonoscopy will painlessly remove any polyps hence almost entirely reducing your risk of developing the horrible disease. The good news is that about 90% of colon cancer cases are preventable through a simple (yes, simple) colonoscopy.
Learn moreatom
Public service message from Business 2.0 Press