Jun 07 Oil Spill Liability a Complicated Legal Web By Quinn Bowman As oil continues to leak into the Gulf of Mexico after the Deepwater Horizon oil rig exploded and sank, the amount of legal damages that BP and other companies might owe is an evolving issue before Congress. Continue reading
Jun 07 Coast Guard's Allen: Government Must Be 'Ruthless' in Oversight of BP By News Desk Coast Guard Adm. Thad Allen said Monday at the White House that the government still doesn't know how much oil is leaking from the damaged Gulf well despite the addition of a containment cap last week, but that BP hopes… Continue reading
Jun 07 Watch News Wrap: Natural Gas Pipeline Explosion Kills at Least 3 in Texas In other news Monday, at least 10 people are missing after an explosion at an underground natural gas pipeline in north-central Texas, and residents of three Midwestern states are cleaning up after severe thunderstorms and tornadoes struck the region over… Continue watching
Jun 05 Coast Guard's Allen: 6,000 Barrels of Oil Captured on Friday By Dave Gustafson Coast Guard Adm. Thad Allen told reporters Saturday morning that a containment cap atop the leaking oil well funneled about 6,000 barrels (252,000 gallons) of oil over 24 hours on Friday to a tanker on the surface of the… Continue reading
Jun 04 2010 Graduates Still Headed for Wall Street Paul Solman: On the show tonight, Harvard economist Ben Friedman argues that schools like his are channeling graduates into finance — at a cost of society as a whole. No, the Ivy League doesn’t make crooks out of its students,… Continue reading
Jun 04 Patchwork Nation: Views From Baton Rouge on the Oil Leak By Dante Chinni Of all the startling numbers out of the Gulf oil spill story, the most interesting one may be this: zero. That is the number of calls out of the Louisiana State legislature for any freeze on drilling in the Gulf. Continue reading
Jun 04 Friday: Jobless Rate Falls, but Private Hiring Slows; BP Reports Progress By Jason Breslow Job seekers arrive for the Anaheim/Orange County Job Fair in California earlier this week. Photo by Robyn Beck/AFP/Getty Images. Employers added 431,000 workers to their payrolls in May, the Labor Department said Friday, but the job growth was fueled… Continue reading
Jun 04 Graduates Face Tough, but Improving, Job Market By Carolyn O'Hara As 2010 college graduates begin to enter a tight, but improving, job market, the PBS NewsHour talked to university career services directors from around the country to see whether this year's graduates face brighter prospects than in years past. Continue reading
Jun 04 Watch Financial Crisis Does Little to Dim Graduates' Wall Street Aspirations As part of his continuing coverage making sense of the economy, Paul Solman talks to Harvard economist Ben Friedman about the college graduates who continue to flock to Wall Street, three years into the financial crisis. Continue watching
Jun 04 Watch U.S. Stocks Tumble as Weak Jobs Report Reflects Census Hires Stocks fell over a weak jobs report for May, which attributed the growth of employment to temporary U.S. Census jobs. For more on the jobs report and the market reaction, Jeffrey Brown talks to two market watchers. Continue watching