International oil prices fell Monday on the prospect that exports from Libya will return to the market at a time of economic weakness. (Aug. 22)
Continue reading …Hurricane Irene cut power to more than a million people in Puerto Rico, downing trees and flooding streets on Monday, and forecasters warned it could be a major storm as it threatens Florida and South Carolina by the end of the week. (Aug. 22)
Continue reading …Rep. Renee Elmers (R-NC) on job creation (June 2011) That’s reassuring, isn’t it? We’ve been throwing tax breaks at companies to encourage them to create jobs in the U.S. — when we have no way of actually knowing if they’re creating jobs here: Some of the country’s best-known multinationals closely guard a number they don’t want anyone to know: the breakdown between their jobs here and abroad. So secretive are these companies that they hand the figure over to government statisticians on the condition that officials will release only an aggregate number. The latest data show that multinationals cut 2.9 million jobs in the United States and added 2.4 million overseas between 2000 and 2009. Some of the same companies that do not report their jobs breakdown, including Apple and Pfizer, are pushing lawmakers to cut their tax bills in the name of job creation in the United States. But experts say that without details on which companies are contributing to job growth and which are not, policymakers risk flying blind as they try to jump-start the hiring of American workers. “It’s an important piece of information that the American people should have,” said Ron Hira, an associate professor of public policy at the Rochester Institute of Technology. “Should you listen to the kind of advice these companies have about how to grow the economy when their record and their model indicates they’ve cut jobs? . . . Or should we talk to people who actually do create jobs in the United States?” As the country faces an unemployment crisis, President Obama, lawmakers and business lobbyists have all touted the country’s biggest companies as critical to creating jobs. The head of Obama’s jobs council, General Electric chief executive Jeff Immelt, said during a tour of a company plant in Greensboro, S.C., that firms should be ready to answer questions from the public. “If you want to be an admired company, you better know, you better have accountability, and you better think through where the jobs are,” he said. GE breaks out its employment numbers in company filings to the Securities and Exchange Commission. In 2010, about 46 percent of GE’s 287,000 employees worked in the United States, compared with 54 percent in 2000.
Continue reading …The triple plays just keep on coming! In the bottom of the third inning of Saturday’s minor league game between the Nashville Sounds and Omaha Storm Chasers, Omaha’s Clint Robinson drove one to deep center field. With runners on first and second, Sounds outfielder Logan Schafer ran back, leaped and tried to make the catch. The ball bounced off his glove, then his head and Schafer somehow managed to snag it before it hit the ground. Both baserunners were stuck in no man’s land as Schafer threw the ball back so the defense could complete the triple play. “I felt like I didn’t have enough time to turn around and I reached up my glove,” Schafer said after Nashville’s 4-1 victory. “[The ball] went straight up, hit me in the head and I tried to scoop it up. It was a whole lot of luck and it was pretty crazy.” Earlier last week, the Milwaukee Brewers turned a triple play in thrilling fashion when first baseman Prince Fielder threw out Los Angeles’ Matt Kemp at home plate. One day later, the Boston Red Sox turned a 5-4-3 triple play against the Tampa Bay Rays. The Associated Press pointed out that it was the first time since 1981 that two triple plays were turned in consecutive days. WATCH VIDEO AT THE TOP
Continue reading …“The FCC gave the coup de grace to the fairness doctrine Monday as the commission axed more than 80 media industry rules,” Politico's Brooks Boliek reported this afternoon : Earlier this summer FCC Chairman Julius Genachowski agreed to erase the post WWII-era rule, but the action Monday puts the last nail into the coffin for the regulation that sought to ensure discussion over the airwaves of controversial issues did not exclude any particular point of view. A broadcaster that violated the rule risked losing its license. While the commission voted in 1987 to do away with the rule — a legacy to a time when broadcasting was a much more dominant voice than it is today — the language implementing it was never removed. The move Monday, once published in the federal register, effectively erases the rule. So the Fairness Doctrine is dead. But the spirit of the same could well live on as a regulatory specter forever. Regulatory pushes for “localism” and “diversity” requirements could prove to be a back-door reinstitution of the Fairness Doctrine, a Republican FCC commissioner warned two weeks ago.
Continue reading …Crazy heart maggie gyllenhaal sexy video The Pigtailed Knight – 2nd Trailer littleboheeps says: So happy that so many people watched Maggie Gyllenhaal talk about sex last night. #orgasm #habibi #awkward
Continue reading …What do the words “succedaneum” and “wittol” have in common? Here’s a clue: you probably won’t be encountering them on your next GRE test anytime soon. Even though you’re probably more concerned about crossing your t’s and dotting your i’s, its easy to forget that language is a living, changing thing. Collins Dictionary has compiled
Continue reading …If the rebels succeed in taking Moammar Gadhafi down, expect oil prices to follow suit—which means stocks could skyrocket, writes analyst David Kotok at Business Insider . An end to the Gadhafi regime would likely allow Libyan oil production to rebound to a pre-crisis daily output of 1.6 million…
Continue reading …The daughter of Kimberly Stewart and Benicio del Toro—perhaps the oddest pairing of the year ?—was born yesterday in Los Angeles, on the model-actress’s 32nd birthday. Stewart was joined in the hospital by famous father Rod and current wife Penny Lancaster (who gave birth to Kimberly’s half-brother in…
Continue reading …Since last week’s episode of Entourage delivered one of the least surprising “dramatic” endings in T.V. history, it was surprising this week to see a few twists that put the show back on track toward a respectable conclusion. Entourage’s writers spent a great deal of time last week with badly crafted suspense, trying to convince us
Continue reading …