UNITED STATES NEWS

Romney defends record at Bain

Jan 20, 2012, 1:34 AM

NORTH CHARLESTON, S.C. (AP) – Former Massachusetts Gov. Mitt Romney is defending his work at Bain Capital saying his firm’s investments created thousands of jobs.

Romney also cast criticism of Bain as criticism of the free enterprise and capitalism.

Romney says Bain Capital’s investments helped four businesses create about 120,000 jobs. He acknowledges that some of the companies his former firm invested in cut jobs or closed but says overall his firm has created far more jobs than its cut.

Romney says people who criticize what Bain does are criticizing free enterprise. He says there’s nothing wrong with making a profit and says capitalism is what makes America strong.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

United States News

FILE - Rupert Murdoch attends the WSJ. Magazine 2017 Innovator Awards at The Museum of Modern Art i...

Associated Press

Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.

Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as leader of both Fox's parent company and his News Corp. media holdings.

51 minutes ago

Associated Press

Stock market today: World shares track Wall Street’s slump after Fed says rates may stay high in ’24

World shares have declined, echoing a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Benchmarks fell by 1% or more in Paris, Tokyo, Sydney and Hong Kong. U.S. futures slipped and oil prices also were lower. On Wednesday, the […]

8 hours ago

FILE - Deja Taylor arrives at federal court, June 12, 2023, in Virginia Beach, Va. Taylor, the moth...

Associated Press

Mother of 6-year-old boy who shot his teacher in Virginia could be jailed for failing drug tests

NEWPORT NEWS, Va. (AP) — The mother of a 6-year-old who shot his teacher in Virginia could be jailed Thursday for failing drug tests while awaiting sentencing on federal weapons charges that she used marijuana while possessing a firearm. A bond revocation hearing is set in federal court in Newport News for Deja Taylor. Her […]

8 hours ago

FILE - Anthony Sanchez, right, is escorted into a Cleveland County courtroom for a preliminary hear...

Associated Press

Man set to be executed for 1996 slaying of University of Oklahoma dance student

McALESTER, Okla. (AP) — Oklahoma is set to execute an inmate Thursday morning for the 1996 slaying of a University of Oklahoma dance student, a case that went unsolved for years until DNA from the crime scene matched a man serving time for burglary. Anthony Sanchez, 44, is scheduled to receive a three-drug injection at […]

8 hours ago

A Brightline train approaches the Fort Lauderdale station on Friday, Sept. 8, 2023, in Fort Lauderd...

Associated Press

First private US passenger rail line in 100 years is about to link Miami and Orlando at high speed

MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida’s Brightline begins running trains between Miami and Orlando, reaching speeds of 125 mph (200 kph). It’s a $5 billion bet Brightline’s owner, Fortress Investment Group, is making, believing that […]

9 hours ago

The entrance to the Las Vegas Review-Journal campus is shown in Las Vegas, Wednesday, Aug. 30, 2023...

Associated Press

Outdated headline sparks vicious online hate campaign directed at Las Vegas newspaper

NEW YORK (AP) — A Las Vegas newspaper is being viciously attacked online for its coverage of an alleged murder of a retired police chief, either because of a misunderstanding or a deliberate attempt to mislead. The “firehose of hatred” has led the Las Vegas Review-Journal to sift through email directed at one of its […]

9 hours ago

Sponsored Articles

...

Ignite Digital

How to unlock the power of digital marketing for Phoenix businesses

All businesses around the Valley hopes to maximize their ROI with current customers and secure a greater market share in the digital sphere.

...

Mayo Clinic

Game on! Expert sports physicals focused on you

With tryouts quickly approaching, now is the time for parents to schedule physicals for their student-athlete. The Arizona Interscholastic Association requires that all student-athletes must have a physical exam completed before participating in team practices or competition.

...

OCD & Anxiety Treatment Center

5 mental health myths you didn’t know were made up

Helping individuals understand mental health diagnoses like obsessive compulsive spectrum disorder or generalized anxiety disorder isn’t always an easy undertaking. After all, our society tends to spread misconceptions about mental health like wildfire. This is why being mindful about how we talk about mental health is so important. We can either perpetuate misinformation about already […]

Romney defends record at Bain