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Obama Calls Boehner; No Progress Yet on Shutdown Stalemate
WASHINGTON -- President Barack Obama is expected to deliver a statement at 2 p.m. today and take questions from reporters, according to CNN.
News of the statement follows a phone call the president made to House Speaker John Boehner, although CNN says there still is no immediate sign of progress between Republicans and Democrats over the partial government shutdown, which is into its second week.
Boehner has been calling on Democrats to negotiate on the shutdown and debt ceiling. Republicans have been calling for a delay of the Affordable Care Act. Democrats have repeatedly said they will not negotiate about Obamacare.
CNN reports that little changed in this morning's phone call.
Boehner Says No 'Lines in the Sand' on Debt Limit
WASHINGTON (AP) -- House Speaker John Boehner says he is willing to negotiate budget issues with President Barack Obama without any conditions.
The Ohio Republican told reporters Tuesday, "I'm not drawing any lines in the sand."
Boehner spoke as the government's partial shutdown entered the eighth day. An even bigger financial crisis looms next week when the government reaches the limit of its authority to borrow money.
Republicans have said they want changes to Obama's signature health care law in exchange for reopening the government. They have said they want spending cuts in exchange for raising the debt limit.
Obama says he won't negotiate over reopening the government or raising the debt limit.
"All we're asking for is to sit down and have this conversation," Boehner said.
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Asia stocks gain on China prospects, US data
MUMBAI, India (AP) -- Asian stocks mostly rose today, buoyed by a third all-time high on a key Wall Street index this week and signs that China will follow up on pledges to further open the world's No. 2 economy,Investors have been encouraged by this week's meeting of China's top legislative body which pledged to advance Communist Party plans issued in November for promoting market forces and domestic consumption in Asia's economic engine.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
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By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
OSCAR WINNERS LUPITA NYONG'O AND JARED LETO AN ITEM?
PARIS (AP) -- So, do Lupita Nyong'o and Jared Leto share something other than just winning Oscars this past Sunday.
GRADUATION CAP FUNDRAISER
FLINT, Mich. (AP) -- The ads aren't big -- but they are in a prime spot.
IN THE NEWS: FACEBOOK TO DELETE POSTS ON ILLEGAL GUN SALES
ALBANY, N.Y. (AP) -- Facebook is taking steps to fire back at critics that claim the Internet is being used to sell banned weapons.
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