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  • Obama's new budget: Higher taxes for the wealthy

    President Barack Obama unveiled a $3.8 trillion spending plan on Monday that seeks to achieve $4 trillion in deficit reduction over the next decade but does little to restrain growth in the government's huge health benefit programs, a major cause of future deficits.

  • Ex-Bear Stearns execs pay fines, accept bans

    Federal regulators have reached a settlement with two former Bear Stearns executives over civil charges that they mislead investors about risky mortgage securities when the housing market was collapsing.

  • Investors hold steady in stock funds in January

    Investors may be warming up to the stock market, little by little. Industry consultant Strategic Insight reported on Monday that deposits into stock mutual funds roughly equaled withdrawals in January.

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achievements »

Who's on the moves in the Midlands

Midlands People & Achievements | Feb. 10

Robert A. Bates is now president and chief executive officer of Southern Mutual Church Insurance Co. Bates has worked in the commercial insurance industry for more than 27 years and has been the firm’s executive vice president for the past 11 years. The company has more than 7,800 policyholders in the Southeast.

Europe OKs Google's $12.5B Motorola Mobility deal

Google's $12.5 billion acquisition of cellphone maker Motorola Mobility has won approval of European antitrust regulators, moving Google one step closer to completing the biggest deal in its 13-year history.

The stories: Click here for McClatchy News' series

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Boeing CEO: 787 problem won't slow production

The CEO of Boeing said the latest problem with its new 787 will not slow production.

Malaysia defends deportation of Saudi journalist

Malaysia's government on Monday defended its decision to deport a young Saudi journalist who may face persecution at home for allegedly insulting the Prophet Muhammad on Twitter.

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