CME’s politically-minded chairman, Terry Duffy, might make a good Illinois governor, says Chicago futures broker and exchange-industry gadfly John Lothian. Sending Duffy to Springfield would give state businesses better representation and continue a long tradition of public service by Chicago’s exchange leadership, according to Lothian. Get the full story »
Inside these posts: Government
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Obama approval rating rises as economy improves
President Barack Obama returning from his vacation in Hawaii with his family, Jan. 4, 2011. (Reuters/Jason Reed)
President Barack Obama is getting a bump in his approval ratings from an improving economy, but Americans want him to focus on reducing debt and spending, a Reuters/Ipsos poll showed on Wednesday.
The poll found reasons for optimism for Obama as he searches for areas of compromise with newly emboldened Republicans this year and lays the groundwork for his 2012 re-election bid.
Obama’s job approval rating went up to 50 percent from 45 percent in December, the first time Obama has achieved 50 percent approval in this poll since last June. Get the full story »
Sources: Taxpayers may face initial loss on GM IPO
The U.S. government is likely to take a loss on General Motors Co. in the first offering of the automaker’s stock, six people familiar with preparations for the landmark IPO said. Get the full story »
Google introduces business apps for government
Competition with Microsoft Corp. in the lucrative market of selling e-mail and other software kicked up another notch Monday when Google Inc. announced it was introducing a new version of its applications for government.
Google said it had been certified by the federal government to offer software known as Google Apps for sensitive but not classified information.
