Boehner Drops ‘Plan B’ as Budget Turns to Disarray

House Speaker John Boehner scrapped a plan to allow higher tax rates on annual income above $1 million, yielding to anti-tax resistance within his own party and throwing already-stalled budget talks deeper into turmoil.
British Airways Owner IAG 2Q Revenue Up 11.2%
56:42 - British Airways owner IAG releases earnings for the second quarter. Bloomberg’s Ben Katz reports on “Countdown.” (Source: Bloomberg)
  • BG CEO Lund Sees Progress on Shell Regulatory Hurdles
  • BNP's Investment Bank Works to Improve Efficiency: CFO
  • What You Need to Know: Inflation, China, Greece