Browsing the archives for the Economy category.


BP: Multiple companies, teams contributed to spill (AP)

Commentary, Economy, Stocks, U.S. Infrastructure

FILE - In this April 21, 2010 file aerial photo taken in the Gulf of Mexico more than 50 miles southeast of Venice, La., the Deepwater Horizon oil rig is seen burning. Before the key piece of evidence has even been analyzed, oil giant BP PLC on Wednesday, Sept. 8, 2010, planned to release the conclusions of its internal investigation into the rig explosion that killed 11 workers and led to the massive Gulf of Mexico spill. (AP Photo/Gerald Herbert, File)AP – Oil giant BP PLC said in an internal report released Wednesday before a key piece of evidence has been analyzed that multiple companies and work teams contributed to the massive Gulf of Mexico spill that fouled waters and shorelines for months.


No Comments

Florida pastor has legal right to burn Qurans

Commentary, Economy, Stocks, U.S. Infrastructure

Florida pastor Terry Jones will undoubtedly offend and infuriate many people around the world if he follows through on a plan to burn Muslim Qurans at his church this weekend.

No Comments

GOP proposes renewing tax cuts, freezing spending (AP)

Commentary, Economy, Stocks, U.S. Infrastructure

FILE - In this April 14, 2010 file photo, House Minority Leader John Boehner of Ohio, left, and Senate Minority Leader Mitch McConnell of Ky., talk to reporters outside the White House in Washington. Boehner could walk down most U.S. streets anonymously. But the perpetually tanned golf lover, who grew up in a Cincinnati family of 14, could become the next House speaker and the GOP leader of opposition to President Barack Obama.  (AP Photo/Alex Brandon, File)AP – House Republican Leader John Boehner onWednesday proposed a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before a deep recession took hold of the economy.


No Comments

World stocks gain, dollar falls (AFP)

Commentary, Economy, Stocks, U.S. Infrastructure

Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.(AFP/File/Shaun Curry)AFP – Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.


No Comments

1 ‘censored’ bar won’t stop online prostitution (AP)

Commentary, Economy, Stocks, U.S. Infrastructure

Craigslist founder Craig Newmark stands in front of the Craigslist office in San Francisco, California in 2006. Online classifieds website Craigslist has blocked US access to its AP – Craiglist’s “adult services” section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.


1 Comment

Afghans protest US church’s plans to burn Quran

Commentary, Economy, Stocks, U.S. Infrastructure

Hundreds of Afghans railed against the United States and called for President Barack Obama’s death at a rally in the capital Monday to denounce an American church’s plans to burn the Islamic holy book on 9/11. The crowd in Kabul, numbering as many as 500, chanted “Long live Islam” and “Death to America” as they listened to fiery speeches from …

No Comments

Speaker-in-waiting Boehner balances GOP factions

Commentary, Economy, Stocks, U.S. Infrastructure

John Boehner could walk down most American streets without turning a head. But the perpetually tanned, chain-smoking Ohioan might be the next House speaker and a huge force in national politics, trying to manage an increasingly libertarian-leaning Republican caucus while leading the opposition to President Barack Obama’s policies.

No Comments

Key oil spill evidence raised to Gulf’s surface (AP)

Commentary, Economy, Stocks, U.S. Infrastructure

In this Sept. 4, 2010 picture, the Helix Q4000, bottom, the vessel responsible for lifting the Deepwater Horizon blowout preventer stack from the sea floor, is seen on the Gulf of Mexico near the coast of Louisiana. (AP Photo/Patrick Semansky)AP – Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.


No Comments
« Older Posts