politics
House to take up offshore drilling reform bill (Reuters)
July 29, 2010 by publisher · Leave a Comment
Reuters - Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry’s offshore drilling practices.
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House to take up offshore drilling reform bill
(Reuters)
politics
10 Congressmen Who Should Be Fired (The Daily Beast)
July 29, 2010 by admin · Leave a Comment
The Daily Beast - They tried to build a Bridge to Nowhere, fretted about “killing Grandma,” and stiffed the IRS. John Avlon presents a rogue’s gallery of House members who should be bounced come November, from Joe Wilson to Alan Grayson.
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10 Congressmen Who Should Be Fired
(The Daily Beast)
politics
NY AG announces probe of life insurance industry (AP)
July 29, 2010 by admin · Leave a Comment
AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
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NY AG announces probe of life insurance industry
(AP)
politics
Samsung says 2Q net profit surges 83 percent (AP)
July 29, 2010 by publisher · Leave a Comment
AP - Samsung Electronics Co.’s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength in its semiconductor and flat panel businesses.
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Samsung says 2Q net profit surges 83 percent
(AP)
politics
US Fed official warns of ‘Japanese-style’ stagnation (AFP)
July 29, 2010 by admin · Leave a Comment
AFP - The US economy risks “Japanese-style” stagnation, a top Federal Reserve official warned Thursday, as a key economic report was expected to show the recovery is losing pace.
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US Fed official warns of ‘Japanese-style’ stagnation
(AFP)
politics
China denies forced technology transfer charges (AFP)
July 28, 2010 by publisher · Leave a Comment
AFP - China on Thursday denied US charges that it unfairly forces foreign firms to transfer technology as the price of admission to its huge market, saying its policies were in line with world trade rules.
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China denies forced technology transfer charges
(AFP)
politics
BP aims for quick well kill and weighs asset sales (Reuters)
July 28, 2010 by publisher · Leave a Comment
Reuters - BP Plc may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said as speculation grew over assets it might sell to cover mounting costs.
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BP aims for quick well kill and weighs asset sales
(Reuters)
politics
Foreclosures up in 75 percent of top U.S. metro areas (Reuters)
July 28, 2010 by admin · Leave a Comment
Reuters - Foreclosures rose in 3 of every four large U.S.
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Foreclosures up in 75 percent of top U.S. metro areas
(Reuters)
politics
US Fed sees ‘modest’ recovery faltering in some regions (AFP)
July 28, 2010 by admin · Leave a Comment
AFP - The “modest” US economic recovery is slowing in some parts of the country, the Federal Reserve warned in its latest Beige Book report published Wednesday.
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US Fed sees ‘modest’ recovery faltering in some regions
(AFP)
politics
Senate energy bill draws widespread criticism (Reuters)
July 28, 2010 by publisher · Leave a Comment
Reuters - Republicans and some moderate Democrats in the Senate on Wednesday began picking apart a new energy bill that they complained goes too far in holding oil companies responsible for accidents like the massive Gulf of Mexico spill.
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Senate energy bill draws widespread criticism
(Reuters)
