CHICAGO (Reuters) – U.S. chief executives are slightly less positive about the economy’s growth prospects this year and fewer of them expect to increase their capital expenditures in the next six months, according to a quarterly by the Business Roundtable released on Tuesday.
The CEOs said they expected U.S. gross domestic product to rise by 2.3 percent in 2014, which is short of normal growth rates in past economic recoveries, according to the survey.
By Nick Carey
JACKSON Tenn. (Reuters) – The shock defeat of Republican House Majority Leader Eric Cantor in a primary in Virginia this week has fueled hopes among Tea Party activists in Tennessee that they can stage a similar upset against Senator Lamar Alexander in August.
But the Cantor loss, while enough to shake Washington and the Republican establishment, may not be a sign of things to come as the Tea Party movement has yet to show this year it can find a consistent winning formula against Republican incumbents.
DETROIT June 5 (Reuters) – For Michigan Republican Governor
Rick Snyder, the biggest unknown in his reelection bid this year
is his backing for Detroit’s bankruptcy case.
Snyder as soon as this week is expected to sign legislation
offering $195 million in state funds as part of a “grand
bargain” to bring in philanthropic money, keep the Detroit
Institute Arts collection intact, and ease pension cuts for city
CHICAGO (Reuters) – The Los Angeles Kings advanced to the Stanley Cup Finals with a stunning 5-4 overtime victory over the Chicago Blackhawks in Game Seven of a captivating NHL Western Conference Finals series on Sunday.
Alec Martinez silenced a raucous United Center crowd when he scored the series-deciding goal 5:47 into the first extra session, his shot from the left point hitting Chicago defenseman Nick Leddy and looping past goaltender Corey Crawford.
CHICAGO (Reuters) – In the midst of an historic run of recalls, including over one defect linked to at least 13 deaths, General Motors Co sales are showing resilience.
The No. 1 U.S. automaker is beating the industry average this month, according to one estimate, and more than 10 dealers interviewed by Reuters were upbeat, saying lingering concerns about the safety of the company’s current new car lineup are dissipating even as the number of recalls rise.
LOUISVILLE (Reuters) – Facing a challenge from a Tea Party candidate in this year’s race to fill his Senate seat, Mitch McConnell has sought to appeal to conservative Republicans by stressing his pro-gun, anti-immigration and anti-abortion stance. He has also attacked Washington earmarks for lawmakers’ pet projects.
It appears to have worked. Going into Tuesday’s Republican primary in Kentucky, the Senate minority leader is ahead of his opponent, Louisville-based businessman Matt Bevin, by a wide margin, according to opinion polls.
CHICAGO (Reuters) – An Illinois resident tested positive for Middle East Respiratory Syndrome after being in contact with an infected patient, though he did not show signs of illness, U.S. health officials said on Saturday.
The man likely contracted MERS from a man in Indiana who was hospitalized in late April with the first known U.S. case of the illness.
VICKSBURG, Mississippi (Reuters) – It is not shaping up as a great year for the conservative Tea Party movement as it seeks to revamp the Republican Party by challenging “establishment” Republicans in the U.S. Senate.
The Tea Party’s assault on Senator John Cornyn fell short in the Texas primaries last month, and recent polls indicate that the movement’s candidates are unlikely to oust incumbents in Kentucky, Tennessee and Kansas.
WASHINGTON (Reuters) – In early 2009, amateur conservative Tea Party activists took to the streets to protest newly-elected U.S. President Barack Obama’s economic stimulus package and health reform, a ragtag army that helped win the U.S. House for Republicans in 2010, then waged internecine war with the party establishment.
There was nothing ragtag at a Feb 27 five-year celebration at the Hyatt Capitol Hill organized by Tea Party Patriots, a national umbrella group affiliated with many others in the amorphous, politically conservative movement.
WASHINGTON/CHATTANOOGA (Reuters) – In the aftermath of the United Auto Workers’ crushing defeat in a vote to represent workers at Volkswagen’s sole U.S. factory, a key question remains unanswered: did conservative politicians and anti-union groups work together to stymie the union?
In an appeal to the National Labor Relations Board on Friday, the UAW said there was a “coordinated effort” by state politicians, anti-union groups and Tennessee’s U.S. Senator Bob Corker to coerce a no vote in the February 12-14 election.