Gulf Oil Leak and Halliburton
Net income increased to $480 million, or 53 cents a share, from $262 million, or 29 cents, a year earlier, Houston-based Halliburton said today The spill, triggered by an April 20 explosion aboard the Deepwater Horizon drilling rig, which Transocean Ltd. leased to London-based BP. Halliburton provided cementing services on the well BP was drilling. [...]
Prime Minister Gordon Brown
U.K. Prime Minister Gordon Brown is to strike a decidedly anti-protectionist note in an address to Congress Wednesday, telling lawmakers that the “major challenges we all face are global.” According to excerpts on his speech released by the U.K. government Wednesday morning, Mr. Brown will urge Congress to “seize the moment” to meet the challenges [...]
Just breaks yer heart doan it?
His pleadings to me sound like a confession of guilt. Trying to say that if other Senators were looked at they too would be taken from office. I think not. He was playing dirty pool and got busted. that’s all there is to say. He doesn’t know the political game as well as he thought [...]
The House has it!
The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama’s efforts to achieve bipartisan support for the bill. The final vote was 244 to 188. No Republicans voted for the bill, while just 12 Democrats voted against it. The Senate is likely to take up [...]
Foreclosures up by 81% in U.S.
Home is going to have to be where the heart is as there wont be any other place to live. Foreclosures rose 81% in 2008, ensnaring 2.3 million U.S. households during the year, according to RealtyTrac Inc. data released today. Advertisement The Irvine, Calif.-based foreclosure Web site said December filings rose 17% from November and [...]
White House adds $6 billion to auto bailout
By Silla Brush The White House upped its commitment to bail out the American auto industry, moving late on Monday to send General Motors Corp. and its financing arm another $6 billion in federal money. The new money brings the total of taxpayer-backed support to the carmakers to $23.4 billion. The latest move comes after [...]
Auto Industry Off Of Life Support
Now is Not the Time to Take the Auto Industry Off Of Life Support Eugene Robinson WASHINGTON — Despite the popular myth, lemmings don’t really hurl themselves off a cliff to reduce their numbers. That sort of behavior is seen only among Republicans in the Senate, who gave us a demonstration when they torpedoed legislation [...]
Credit card rules to back consumers
Credit card rules to back consumers WASHINGTON (UPI) — New rules for U.S. credit card companies to be released soon are a step forward for consumers, who have lobbied hard for oversight, industry analysts say. The U.S. Federal Reserve, the Office of Thrift Supervision and the National Credit Union Administration was to announce new [...]
U.S. ethanol businesses struggling
My heart breaks. Ethanol is one of the big reasons groceries has gone up. Anything to do with corn has gone up! Not to mention in my area now all gas has ethanol…gas mileage has gone down 10mph. Which means we buy more gas. This is just not a solution for us the buyer, good [...]
