Apr 29 White House Promises Aggressive Response to Gulf Oil Spill By Murrey Jacobson, Jason Breslow A boat makes its way through a vast oil spill in the Gulf of Mexico on April 28. (Photo by Chris Graythen/Getty Images). More images below. As a massive oil slick in the Gulf of Mexico creeps to within a… Continue reading
Apr 29 Thursday: Gulf Oil Spill 5 Times Larger Than Thought; Senate to Debate Financial Reform If new estimates are correct, the effort to contain a vast oil spill in the Gulf of Mexico just got a lot tougher. Coast Guard officials announced late Wednesday that five times more oil than initially thought is now… Continue reading
Apr 29 Watch News Wrap: Financial Reform Inches Forward with Senate Cooperation In other news Thursday, debate began on a financial reform bill in the Senate after Republicans allowed the measure to move forward, and Florida Gov. Charlie Crist announced he will leave the Republican Party to run for the Senate as… Continue watching
Apr 28 After Nine-Year Fight, Government Approves Cape Cod Wind Farm On a day when much attention is centered on an oil spill in the Gulf of Mexico, the U.S. took steps toward an entirely different alternative on the energy front. Interior Secretary Ken Salazar announced Wednesday that the… Continue reading
Apr 28 Greek Crisis Spreads as Spain's Debt is Downgraded Spain on Wednesday became the third European nation in two days to see its debt rating downgraded, heightening investor angst about a spiraling fiscal crisis on the continent. The ratings agency Standard & Poor's slashed its rating of Spain… Continue reading
Apr 28 Making Use of Employees' Talents By Business Desk Editor’s note: On Wednesday’s NewsHour, Paul revisits a Missouri manufacturer that in this era of “too big to fail” has proven small enough to succeed. Part of the secret to its success? Prizing employees’ innovation alongside their efficiency. In this… Continue reading
Apr 28 Patchwork Nation: The Housing Market and the 'Real' Recovery By Dante Chinni Standing in the spring of 2010 looking around at the economy, we think it's worth asking: What does a recovery look like? There have been positive signs lately - the auto industry looks much better and consumer confidence… Continue reading
Apr 28 Wednesday: Markets Tumble Amid Debt Fears; Officials May Ignite Gulf Oil Spill A man looks at a stock indicator in Tokyo on Wednesday. The Nikkei index of the Tokyo Stock Exchange finished the morning session down 276.67 points -- 2.47 percent. (Photo by Toshifumi Kitamura/AFP/Getty Images.) Global markets took a beating… Continue reading
Apr 28 Watch News Wrap: European Markets Reel as Spain's Debt Rating Slides In other news Wednesday, the European debt crisis escalated as Standard and Poor's credit rating agency downgraded Spain's debt, and the Federal Reserve said it will leave interest rates unchanged for the time being. Continue watching
Apr 28 Watch Manufacturer Goes Small in Era of 'Too Big to Fail' As part of his ongoing series of reports making sense of the economy, Paul Solman revisits a Missouri manufacturer that has proven small enough to succeed in the era of "too big to fail."… Continue watching