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  • As state legislatures aim to convene amid COVID, one tries a drive-in Jan 07, 2021 10:52 PM IST

    As state legislatures aim to convene amid COVID, one tries a drive-in

    State legislatures across the country are looking for ways to conduct their business in spite of restrictions on indoor gatherings because of the coronavirus. Few solutions could be more elaborate than the one in New Hampshire, where the Republican leadership of the House has resisted Democratic calls to meet virtually for safety’s sake.

  • Narrower majorities set tricky course for new US Congress Jan 03, 2021 10:35 PM IST

    Narrower majorities set tricky course for new US Congress

    A smaller Democratic majority and the still-raging coronavirus pandemic could make it trickier for Pelosi, 80, to lock down her re-election to that post, although Pelosi and her lieutenants say they are confident she will succeed.

  • Democrats, Republicans flip one seat each in Senate battle Nov 04, 2020 07:20 PM IST

    Democrats, Republicans flip one seat each in Senate battle

    In the more closely-watched Senate showdown, Democrats drew first blood when Colorado's former governor John Hickenlooper, a 68-year-old businessman and geologist, handily defeated one-term Senator Cory Gardner to pick up a seat.

  • Balance of power little changed, US Congress faces new fight on budget, coronavirus Nov 04, 2020 04:37 PM IST

    Balance of power little changed, US Congress faces new fight on budget, coronavirus

    With the White House race yet to be called and the fundamental balance of power in the two chambers unchanged by Tuesday's voting, neither party heads into the final weeks of the year with a momentum boost.

  • Trump meets Republican leaders to set strategy for 2018 Jan 06, 2018 09:21 AM IST

    Trump meets Republican leaders to set strategy for 2018

    Trump and party leaders, including House of Representatives Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, face a Jan. 19 deadline on passing legislation to prevent a government shutdown.

  • Bill in US proposes more than doubling minimum wage under H-1B Jan 31, 2017 01:52 PM IST

    Bill in US proposes more than doubling minimum wage under H-1B

    The proposed legislation could have serious long-term implications for the Indian IT sector which depended on this category of visas to send its staff from here to work in US. At this level, the proposed minimum wage is steep and unsustainable.

  • A major case for owning stocks just evaporated Nov 12, 2016 12:13 PM IST

    A major case for owning stocks just evaporated

    Not only do stocks generally have more potential to show capital appreciation, but the S&P 500 actually yielded more than the 10-year Treasury note, meaning that an income-seeking investor actually had an incentive to own stocks rather than super-safe bonds.

  • Long road for new US H-1B visa bill to become law: Experts Jul 11, 2016 09:27 AM IST

    Long road for new US H-1B visa bill to become law: Experts

    Two US lawmakers have introduced a new visa bill in the House of Representatives. The bill proposes that companies with over 50 employees and 50 percent employees on H1-B, L1 can't hire more H1-B employees.

  • US introduces bill to bar Indian cos from hiring on H-1B visas Jul 09, 2016 12:12 PM IST

    US introduces bill to bar Indian cos from hiring on H-1B visas

    The 'H-1B and L-1 Visa Reform Act of 2016' introduced by New Jersey's Democratic Congressman Bill Pascrell and Republican Dana Rohrabacher from California would prohibit firms from hiring H-1B employees if they employ more than 50 people and over 50 per cent of their staff are H-1B and L-1 visa holders.

  • Volkswagen's US boss: We totally screwed up Sep 22, 2015 09:11 AM IST

    Volkswagen's US boss: We totally screwed up

    The US Environmental Protection Agency (EPA) alleged on Friday that the automaker had used software to trick regulators measuring toxic emissions on its diesel vehicles between 2008 and 2015.

  • Obama signs USD 1.1 tn government spending bill Dec 17, 2014 09:02 AM IST

    Obama signs USD 1.1 tn government spending bill

    President Barack Obama on Tuesday signed a USD 1.1 trillion spending bill passed by Congress last week that lifted the threat of a government shutdown.

  • Obama unveils US immigration reforms Nov 21, 2014 01:45 PM IST

    Obama unveils US immigration reforms

    In a White House speech, Obama rejected Republican arguments that his decision to bypass Congress and take executive action was tantamount to amnesty for illegal immigrants

  • US Senate approves Ukraine bill with sanctions, IMF reforms Mar 13, 2014 08:43 AM IST

    US Senate approves Ukraine bill with sanctions, IMF reforms

    The bill next goes to the full Senate for a vote. If it passes there, it would have to be approved in the House of Representatives to become law.

  • Many big US corporations pay very little in taxes: Study Feb 26, 2014 10:25 AM IST

    Many big US corporations pay very little in taxes: Study

    Some of the companies singled out took exception to the findings. GE spokesman Seth Martin said: "For each year cited by Citizens for Tax Justice, GE paid income taxes in the US, as well as billions in other state, local and federal taxes in the US"

  • Stellar TCS results, US debt deal to push Nifty above 6100? Oct 17, 2013 08:45 AM IST

    Stellar TCS results, US debt deal to push Nifty above 6100?

    The Senate passed a last-minute deal on Wednesday evening to avert a damaging debt default and to reopen the government after a more than two-week shutdown.

  • US mkts pricing in tapering delay: Ashmore Oct 15, 2013 02:55 PM IST

    US mkts pricing in tapering delay: Ashmore

    Ashmore Investment Management feels that there may be a short-term deal to end the impasse between the Republicans and Democrats going forward.

  • Obama's Asia trip: Should he stay or should he go? Oct 04, 2013 08:39 AM IST

    Obama's Asia trip: Should he stay or should he go?

    On Thursday, the White House was still officially hoping the shutdown would end quickly, allowing Obama to avoid having to choose between looking after things at home, or advancing his trade and foreign policy goals in Asia on a trip beginning on Saturday.

  • For House Republicans, confrontation safer than compromise Oct 01, 2013 11:23 AM IST

    For House Republicans, confrontation safer than compromise

    Obamacare will begin enrolling uninsured Americans as scheduled on Tuesday, and if the government shuts down, voters are likely to blame Republicans.

  • US to exhaust borrowing capacity by Oct 17: Treasury Sep 25, 2013 10:05 PM IST

    US to exhaust borrowing capacity by Oct 17: Treasury

    The fate of the debt ceiling is up in the air with Democratic and Republican lawmakers once again deeply divided over how to extend the Treasury's borrowing authority.

  • Syria will fan flames of September volatility Sep 10, 2013 08:52 AM IST

    Syria will fan flames of September volatility

    President Barack Obama addresses the nation Tuesday to lay out his case for why the US should launch a missile strike on Syria, after its government used chemical weapons on its citizens.

  • Infosys in talks with clients on US Immigration bill Jul 12, 2013 12:44 PM IST

    Infosys in talks with clients on US Immigration bill

    IT major Infosys on Friday said that it was in talks with clients for a contingency plan to ensure that the business was continued on the back of the US immigration bill becoming a law.

  • US Senate passes sweeping immigration legislation Jun 28, 2013 10:09 AM IST

    US Senate passes sweeping immigration legislation

    The US Senate approved the immigration bill on Thursday that would give a chance for many immigrants to become American citizens. The bill was passed by a vote of 68-32.

  • Walmart continues US lobbying on 'FDI in India' Apr 23, 2013 08:29 PM IST

    Walmart continues US lobbying on 'FDI in India'

    Walmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giant's US lobbying activities for facilitating its India entry.

  • US Immigration Bill can seriously impact Indian IT: Nasscom Apr 22, 2013 12:48 PM IST

    US Immigration Bill can seriously impact Indian IT: Nasscom

    Som Mittal, President, NASSCOM believes that since the macro economic factors have not changed much since their February forecast, they would not be reviewing the forecast at present.

  • US Congress shifts focus from cuts to dueling budget plans Mar 12, 2013 07:26 AM IST

    US Congress shifts focus from cuts to dueling budget plans

    With little prospect of getting rid of the automatic spending cuts that kicked in on March 1, the US Congress and the White House will move on to bigger budget battles this week as dueling Republican and Democratic proposals land in the House of Representatives and the Senate.

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