A newspaper is reporting that Flowers Foods and Bimbo are emerging as bidders for the bread brands of Hostess, which in the midst of a bankruptcy-court liquidation of its assets.
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Republicans in Congress who took the risky step of voting to raise taxes are now finding themselves trying to fend off potential primary challenges next year from angry conservatives.
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President Barack Obama says he is willing to consider more spending cuts and tax increases to reduce the deficit -- one of the next big items on the agenda in his struggles with Congress.
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House Speaker John Boehner is promising that lawmakers will vote later this month on a broader $51 billion package of aid for Superstorm Sandy victims.
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