Senator Blocks Treasury (Stock Trading) Nomination

Senator Blocks Treasury Nomination
WASHINGTON — The Treasury Department's new plan for collecting billions in unpaid taxes is not a credible strategy, said a key senator who is holding up a tax official's nomination.

MARY DALRYMPLE

GM, Ghosn Differ On Alliance Talks
PARIS, Sept. 27 — Carlos Ghosn, chief executive of Nissan Motor Co. and Renault SA, sought Wednesday to dampen speculation that talks on a possible alliance between his companies and General Motors Corp. were crumbling.
Sholnn Freeman

BearingPoint, Take Two
Three years ago, a newly minted columnist wrote that BearingPoint, the McLean-based consulting and technology contractor spun out of the KPMG accounting firm, had weathered a tough period and seemed poised to become one of the brightest stars of Northern Virginia business scene.
Steven Pearlstein

Citgo Will Go, Says 7-Eleven
The devil might wear Prada, but will his fellow citizens fill up their tanks with Citgo?
Steven Mufson

Banks Get Nontraditional Mortgage Advice
WASHINGTON — Federal regulators directed banks on Friday to properly explain the risks posed to borrowers from interest-only and other nontraditional mortgages.
MARTIN CRUTSINGER

Visas for Skilled Workers Still Frozen
For technology companies and research institutions that have spent recent autumns lobbying for permission to hire more foreign workers, this was supposed to be the year that ended the annual rite of desperation.
S. Mitra Kalita

Iraq Contractor's Work Is Further Criticized
The contractor that botched construction of a $75 million police academy in Baghdad so badly that human waste dripped from the ceilings has produced shoddy work on 13 out of 14 projects reviewed by federal auditors, the top official monitoring Iraq's reconstruction told Congress yesterday.
Griff Witte

Dow Ends Up 29 After Reaching Milestone
NEW YORK — The Dow Jones industrial average reached a milestone Thursday in Wall Street's nearly seven-year recovery from corporate upheaval, economic recession and terrorism, briefly trading above its record high close of 11,722.98 set on Jan. 14, 2000.
ELLEN SIMON

For Ten Witnesses, Nothing but the Fifth
One after another yesterday morning, 10 of the 14 people summoned by Congress to testify about their role in a spying scandal that has rocked Hewlett-Packard Co. spoke into the microphone and invoked a constitutional right against self-incrimination: the Fifth Amendment.

Yuki Noguchi

Paulson Wins Friends, but Can He Influence the People's Republic?
There's a new boss at the Treasury Department, and, with apologies to the Who, he's not the same as the old boss.
Paul Blustein and Peter S. Goodman

Senators Withdraw 'Nuclear' Bill in Trade Fight
Two senators who have threatened punitive legislation against China for its currency system shelved their bill yesterday, saying that they still believe Beijing is practicing unfair trade but that a less confrontational approach will work better.
Paul Blustein

Senators Seek Domestic-Partner Benefits for Federal Workers
Sens. Gordon Smith (R-Ore.) and Joseph I. Lieberman (D-Conn.) have introduced legislation that would permit unmarried federal employees to apply for health, dental and vision insurance, retirement and other benefits for their domestic partners.
Stephen Barr

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