|
|
Thursday, July 31
Fred Harteis News Articles - Judge Rules White House Aides Can Be Subpoenaed
by
maba
on Thu 31 Jul 2008 11:02 AM EDT
Fred Harteis News Articles - President Bush’s top advisers must honor subpoenas issued by Congress, a federal judge ruled on Thursday in a case that involves the firings of several United States attorneys but has much wider constitutional implications for all three branches of government.
“The executive’s current claim of absolute immunity from compelled Congressional process for senior presidential aides is without any support in the case law,” Judge John D. Bates ruled in United States District Court here.
Unless overturned on appeal, a former White House counsel, ... more »
Wednesday, July 30
Fred Harteis News Articles - Olmert to Resign After September Vote
by
maba
on Wed 30 Jul 2008 10:47 AM EDT
Fred Harteis News Articles - Prime Minister Ehud Olmert of Israel, embroiled in a high-profile corruption investigation, announced Wednesday that he would resign his office as soon as his party chooses a new leader in September elections.
In a televised public statement made from his official residence in Jerusalem, Mr. Olmert said he would not take part in the leadership election for his Kadima party, opening the way for the next party leader to try to form a new government.
“I have decided not to compete in the ... more »
Tuesday, July 29
Fred Harteis News Articles - U.S. Reports Drop in Homeless Population
by
maba
on Tue 29 Jul 2008 10:24 AM EDT
Fred Harteis News Articles - The number of chronically homeless people living in the nation’s streets and shelters has dropped by about 30 percent — to 123,833 from 175,914 — between 2005 and 2007, Bush administration officials said on Tuesday.
Housing officials say the statistics, which the Department of Housing and Urban Development collects each year from more than 3,800 cities and counties, may reflect better data collection and reporting and some variation in the number of communities reporting on an annual basis. But the officials attribute much of ... more »
Monday, July 28
Fred Harteis News Articles -Justice Department Report on Hiring Finds Violations
by
maba
on Mon 28 Jul 2008 10:20 AM EDT
Fred Harteis News Articles - A new Justice Department report concludes that politics illegally influenced the hiring of career prosecutors and immigration judges, and largely lays the blame on top aides to former Attorney General Alberto Gonzales.
Monday's report singles out the department's former White House liaison, Monica Goodling, for violating federal law and Justice Department policy by discriminating against job applicants who weren't Republican or conservative loyalists.
''Goodling improperly subjected candidates for certain career positions to the same politically based evaluation she used on candidates for political ... more »
Friday, July 25
Fred Harteis News Articles - Durable Goods Orders Rise Unexpectedly
by
maba
on Fri 25 Jul 2008 09:07 AM EDT
Fred Harteis News Article - An unexpected spate of good news about the economy lifted stocks on Friday, as Wall Street hoped a rise in consumer confidence and better-than-expected business spending would buoy investors’ spirits after a bumpy week.
The major stock indexes shot upward at 10 a.m., moments after a report showed that confidence about the economy rebounded in July. Americans surveyed by the University of Michigan and Reuters said they felt better about the economy than any time since April, although the numbers remained far below those at ... more »
Thursday, July 24
Fred Harteis News Articles - Ford Posts Loss of $8.7 Billion on Asset Woes
by
maba
on Thu 24 Jul 2008 09:34 AM EDT
Fred Harteis News Articles - The Ford Motor Company, stunned by abysmal sales of its most profitable vehicles and a sudden shift in consumers’ tastes, said Thursday that it lost $8.7 billion in the quarter, its worst ever, and would overhaul its North American plants to focus on small cars.
The loss, equal to $3.88 a share, was mostly the result of $8 billion in write-downs because of falling demand for and resale values of gas-thirsty pickups and sport utility vehicles in the United States. Ford took charges of ... more »
Wednesday, July 23
Fred Harteis News Articles - Bush Drops Opposition to Housing Bill
by
maba
on Wed 23 Jul 2008 10:34 AM EDT
Fred Harteis News Articles - President Bush dropped his opposition Wednesday to a broad housing package aimed at bolstering the sagging economy, despite his objections to including $3.9 billion for neighborhoods hit hardest by foreclosures. The House was expected to vote on the bill Wednesday, and it could become law as early as this week.
Under the bill, the government would help struggling homeowners get new, cheaper loans and would be allowed to offer troubled mortgage giants Fannie Mae and Freddie Mac a cash infusion.
The Bush administration ... more »
Tuesday, July 22
Fred Harteis News Articles - As Loan Giants Are Inspected, Bush Prods Congress
by
maba
on Tue 22 Jul 2008 09:01 AM EDT
Fred Harteis News Articles - Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation’s two largest mortgage finance companies, Fannie Mae and Freddie Mac, as the Bush administration prods Congress to approve a plan that would enable it to inject billions of dollars into the companies.
Treasury Secretary Henry M. Paulson Jr., in a meeting on Monday with reporters and editors of The New York Times, said the Fed and the comptroller’s office began combing the books of the ... more »
Monday, July 21
Fred Harteis News Articles -Yahoo Adds Icahn to Board, Avoiding a Showdown
by
maba
on Mon 21 Jul 2008 01:05 PM EDT
Fred Harteis News Articles - Yahoo, the Internet portal, has averted a bruising proxy contest with the billionaire investor, Carl C. Icahn, by agreeing to appoint him and two others to its board, which the company will expand from 9 to 11.
The agreement, which Yahoo announced Monday, ends an acrimonious battle in which the two sides traded sharp accusations in the wake of the collapse of merger talks between Yahoo and Microsoft.
The agreement brings some level of stability to Yahoo. It makes no changes to ... more »
Thursday, July 17
Fred Harteis News Articles - Barack Obama Raised $52 Million in June
by
maba
on Thu 17 Jul 2008 10:35 AM EDT
Fred Harteis News Articles - Senator Barack Obama raised $52 million in June, his campaign announced Thursday, recording his second-best fund-raising month of the year through an aggressive mix of small and large contributions that produced more than twice the amount raised by Senator John McCain.
After becoming the presumptive Democratic nominee last month, Mr. Obama also helped the Democratic National Committee markedly increase its fund-raising to $22.4 million in June. Together, the Obama campaign and the party have about $92.3 million in the bank, which is slightly less than ... more »
Wednesday, July 16
Fred Harteis News Articles - Airlines' Woes Seen in Delta and American Losses
by
maba
on Wed 16 Jul 2008 11:14 AM EDT
Fred Harteis News Articles - Airlines have begun to ground planes, raise fares and charge for checked baggage to compensate for higher jet fuel and an economic slowdown, and the losses reported Wednesday by two large carriers reflected the industry’s struggle to cope.
Both the AMR Corporation, the parent of American Airlines, and Delta Air Lines reported losses of more than a $1 billion, much of it on large write-downs as they try to deal with restructuring costs before Labor Day, when travel typically falls off.
The two ... more »
Monday, July 14
Fred Harteis News Articles - Bush Lifts Drilling Moratorium, Prodding Congress
by
maba
on Mon 14 Jul 2008 07:20 PM EDT
Fred Harteis News Articles - President Bush lifted a presidential moratorium on drilling for oil and natural gas on the Outer Continental Shelf on Monday, hoping to prod Congress to act to clear the way for exploration along the country’s coastline in response to soaring energy prices.
“The time for action is now,” Mr. Bush said as he announced in the White House Rose Garden that he was lifting an executive order, which was first issued by his father in 1990 and was renewed by Bill Clinton.
By ... more »
Sunday, July 13
Fred Harteis News Articles - 9 U.S. Soldiers Killed in Attack in Afghanistan
by
maba
on Sun 13 Jul 2008 11:40 AM EDT
Fred Harteis News Articles - Taliban insurgents mounted a large-scale attack on an American forward operating base in eastern Afghanistan in the early hours of Sunday, killing nine soldiers of the NATO security force in Afghanistan in fierce fighting that continued through the day.
The Associated Press reported that all nine were Americans. Mark Laity, a spokesman for NATO, confirmed that nine soldiers had been killed and 15 more wounded, but did not give their nationality. Four Afghan soldiers also were wounded, he said.
The Taliban assault on ... more »
Saturday, July 12
Fred Harteis News Articles - Korea Negotiators Agree on Nuclear Arms Inspections
by
maba
on Sat 12 Jul 2008 11:49 AM EDT
Fred Harteis News Articles - Negotiators in the North Korean nuclear talks agreed Saturday to a blueprint for verifying North Korea’s nuclear disarmament as part of a deal under which it would dismantle its main Yongbyon nuclear weapons complex by the end of October in exchange for energy and economic aid.
The accord, announced by China in a joint communiqué among the six nations involved in the talks, gives new momentum to the negotiations, yet leaves many difficult issues unresolved in what has been a long and halting process ... more »
Friday, July 11
Fred Harteis News Articles- Woes at Loan Agencies and Oil-Price Spike Roil Markets
by
maba
on Fri 11 Jul 2008 07:00 PM EDT
Fred Harteis News Articles – Fannie Mae and Freddie Mac shares plummeted again Friday morning — and the broader stock market followed suit — as concern mounted that the government will be forced to take over the beleaguered mortgage finance companies, which some investors fear are at risk of default. Shares rallied in the afternoon but were still lower.
Even after a week of unprecedented losses, the companies’ declines early Friday were the sharpest yet: Freddie Mac shares were down more than 50 percent early in the day before ... more »
|
|
