Posts in General News

The White House is intervening at the last minute to come to the defense of multinational corporations in the unfolding conference committee negotiations over Wall Street reform. A measure that had been generally agreed to by both the House and Senate, which would have affirmed... [+]

Pundits panned Obama’s speech, but Richard Wolffe reports the White House is taking comfort in research that suggests swing voters liked it, want a bill passed—and see Republicans as the obstacle. The pundits largely panned President Obama’s first Oval Office address, devoted to amping up... [+]

57 days ago, in the dead of night, the worst environmental nightmare in U.S. history began. The spill cam, requested by Congress, has brought the horror into homes across the country, as we watch tens of thousands of barrels of oil billowing into the Gulf... [+]

Meet Bob Etheridge, the North Carolina House Democrat who got caught on camera last week roughing up an activist affiliated with Andrew Breitbart’s Big Government project. Etheridge has since apologized for his behavior, though that’s done little to stop the fallout from the altercation. Republicans... [+]

Hoping to make progress on the issue of retroactive liability for the oil spill, The White House is set to demand that executives at BP set up an account from which they will pay out claims to those affected by the spill. A White House... [+]

The Coast Guard has demanded that BP step up its efforts to contain the oil gushing into the Gulf of Mexico by the end of the weekend, telling the British oil giant that its slow pace in stopping the spill is becoming increasingly alarming as... [+]

Hey there, Americans! I’m sure, by now, many of you have had some time to reflect on the massive, unfolding Deepwater Horizon oil disaster and thought to yourselves, “My, that really is a terrible, apocalyptic cock-up!” But have you gone so far as to think... [+]

It was a bad day for most stocks today, but it was a bloodbath for embattled oil giant BP. Shares of BP dived 16 percent today, driving the stock price to below $30 per share, the worst drop on record for the company. The British... [+]

Over six days in May, far from the familiar choreography of Washington hearings, federal investigators grilled workers involved in the Deepwater Horizon disaster in a chilly, sterile conference room at a hotel near the airport here. The six-member panel of Coast Guard and Minerals Management... [+]

The government’s point man on the Gulf oil spill calls it “an insidious enemy that’s attacking our shores” and “holding the Gulf hostage.” Coast Guard Adm. Thad Allen tells CNN’s “State of the Union” that there is some progress in containing the leaking well, but... [+]