American Airlines has saved $2.1 billion since 2006, thanks to two congressional measures that allowed it to reduce contributions to its pension plans. The company said it would make up any shortfall later.
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The Securities and Exchange Commission on Friday named an official at the Government Accountability Office, Jeanette M. Franzel, to serve as a watchdog over corporate audits, filling a potentially pivotal seat on an oversight board that was created in the aftermath of the Enron and WorldCom accounting scandals.
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Caught in a maelstrom of public reaction to its decision to cease funding Planned Parenthood, the Susan G. Komen for the Cure foundation announced Friday that it would reverse course.
Komen will no longer bar organizations that are under government investigation from applying for grants. As a result, Planned Parenthood — which is the focus of a House probe over whether it has used federal funds to pay for abortions — will once more be eligible for Komen grants.
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New York Attorney General Eric Schneiderman sued a handful of the nation’s largest banks Friday, claiming they deceived homeowners and court officials by filing flawed and fraudulent foreclosure documents through a popular electronic mortgage registry.
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The U.S. economy added 243,000 jobs in January — and 11 of those were at Annie’s Ace Hardware, a new store slated to open in Petworth on Tuesday.
The 6,500-square-foot store near Upshur Street and Georgia Avenue NW has long been a dream of owner Anne Stom, a home repair aficionado and former Labor Department project director who went all in to launch her new business, including investing about $200,000 of her own money.
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