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U.S. to rebid $2.4 billion in Florida rail funds

WASHINGTON (Reuters) – The Obama administration will rebid nearly $2.4 billion in high-speed rail grants recently rejected by Florida, one of three states to conclude “bullet train” projects are too expensive in a tough economy. Read the full story.
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WTO top court backs China in U.S. duties dispute

GENEVA (Reuters) – The World Trade Organization’s top court upheld on Friday some Chinese objections to a ruling that had backed the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidized. Read the full story.
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Next stopgap bill would cut $6 billion over 3 weeks

WASHINGTON (Reuters) – House Republicans are preparing another stopgap-spending bill that would cut $6 billion from current levels and keep the government running for three more weeks, Representative Steven LaTourette said on Thursday. Read the full story.
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