Tag:

Bailout

Latest Headlines

Latest Headlines

Stimulus plan includes $100 billion for IT

A technology group identified billions of dollars in the stimulus plan for technology last week, but used the occasion to criticize the law for restricting companies receiving bailout money from

The Senate moves toward H-1B curbs

The U.S. Senate, last Friday headed toward imposing restrictions on the hiring of H-1B workers by financial services firms that receive federal bailout funds, but the legislation fell short of what

Would you take a pay cut?

On Wednesday, President Obama announced a salary cap of $500,000 for top executives at companies that receive large chunks of money from the stimulus package. His action came partly in response to

Congress passes, President signs $700 billion financial bailout bill

The House of Representatives passed the $700 billion bailout bill to help keep the U.S. economy afloat and shore up the nation's stressed out financial industry. The 263-171 vote by the House then

Rejection of $700B Wall Street bailout slows house server to a crawl

As the House of Representative narrowly rejected the $700 billion Wall Street bailout bill on Monday, another kind of carnage occurred amid the ensuing stock market plunges around the world; millions