Obama To Sign Jobless Benefit Extension

President set to sign a bill extending jobless benefits 20 weeks; law could also spur job creation by giving an additional tax cut to struggling businesses.

Nov 6th, 2009

WASHINGTON (AP) -- President Barack Obama is set to sign a bill extending jobless benefits 20 weeks and prolonging the $8,000 homebuyer tax credit.

The law is also aimed at spurring job creation by giving an additional tax cut to struggling businesses.

Later Friday, the president will visit Walter Reed Army Medical Center. Then he meets in the Oval Office with Congressman-elect Bill Owens, the Democrat who won a special election in New York's 23rd District that's been controlled by Republicans for decades.

Obama will also meet with Secretary of State Hillary Rodham Clinton, just back from a trip to the Middle East.

More in Supply Chain
A caravan of trucks from the ports of Los Angeles and Long Beach drive around Los Angeles City Hall.
Judge Halts CA Labor Law for Truckers
A federal judge ruled the state was wrong to eliminate the option of using independent drivers.
Jan 17th, 2020
In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier.
Target Did Not Have a Merry Christmas
Target experienced weaker-than-expected sales of electronics, toys and home goods.
Jan 15th, 2020
Mm E18 Thumb
3M Invents New Packaging
Say goodbye to tape.
Jan 15th, 2020
Fed Ex Truck Ap
FedEx Ground Back with Amazon
Amazon said FedEx is now getting orders delivered on time
Jan 14th, 2020
Huawei Signage Ap
Prosecutor Details Huawei Fraud Allegations
Huawei allegedly misled HSBC bank about the company's business dealings in Iran.
Jan 12th, 2020
People shop for meat a supermarket in Handan in northern China's Hebei Province on Thursday, Jan. 9.
Pork Prices Drive China's High Inflation
The price of pork rose 97% over a year earlier despite increased imports of China's staple meat and the release of thousands of tons from government stockpiles.
Jan 9th, 2020
E14 Mm Thumb
WSJ Sells Dumpster Food on Amazon
One expert says there's 'absolutely nothing' preventing 3rd party sellers from listing literal garbage.
Jan 9th, 2020
Mfg Brief 1 8
Hershey to Retire its 'Kissmobile'
It's made up of three giant Hershey Kiss candies anchored to a 26-foot chassis.
Jan 8th, 2020
Cargo Ship Overturns 3 Ap
Salvage Co. to Extract Capsized Ship
The ship, roughly the size of a 70-story office building, has sat overturned in the sound for four months.
Jan 8th, 2020
This April 10, 2012 file photo shows the production department at fashion giant Inditex's headquarters where Zara fashion garments are designed in La Coruna, Spain. Inditex, the retail giant that owns Zara, H&M and many other brands, announced a sustainability pledge in July, for example, saying it wants all its clothes to be made from sustainable or recycled fabrics by 2025.
Sustainability in Fashion Faces Barriers
It would take 13 years to drink the water that is used to make one pair of jeans and one T-shirt, says one expert.
Jan 8th, 2020
Mme11 Thumb
Supplier Launches New Import Model
Zirks was created to reduce lead times on commoditized items, without increasing costs.
Jan 6th, 2020
Foodwastetn
Supplier Helps Combat Hunger, Food Waste
How a seven-month capital equipment project is helping produce 42M pouches of food annually for those in need.
Jan 6th, 2020
Delta Istock
Delta Sues Lands End Over Uniforms
Complaints in the lawsuit include rashes, hair loss, low white blood cell counts, migraines, breathing difficulties and other medical problems.
Jan 6th, 2020
In this Tuesday, Nov. 26, 2019, photo shows a Gucci gown on display in The Vault at the Saks Fifth Avenue Flagship in New York. Millennials and Generation Z accounted for 47% of luxury consumers in 2018 and for 33% of all luxury sales worldwide in 2018, according to a study by consulting firm Bain & Co. Together, however, they contributed to virtually all of the market's growth, compared with 85% in 2017.
Luxury Stores Adapt to Changing Shopper
For luxury department stores that once had a lock on where the well-heeled could shop, online competition has forced them to reimagine their approach.
Dec 24th, 2019