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Gov't Delays Work on BP Project to Cap Gulf Well

Posted: 07/14/2010 - The Obama administration has asked oil giant BP to stop work on a project meant to choke off the flow of oil spewing from its broken well in the Gulf of Mexico until the company answers questions from government scientists.

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Report: Driver Error Behind Toyota Acceleration Complaints

Updated: 07/16/2010 - NEW YORK – The Department of Transportation has analyzed dozens of black boxes in Toyota vehicles involved in accidents blamed on unintended acceleration, finding the throttles were open and the brakes were not engaged, the Wall Street Journal reported Tuesday.

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BP to Start Testing New Cap on Gulf Oil Well

Posted: 07/13/2010 - NEW ORLEANS (AP) - BP is still waiting to start tests on a new cap atop the gushing Gulf of Mexico oil leak, saying the work requires extreme precision.

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Federal Deficit Tops $1-Trillion With 3 Months Left

Updated: 07/13/2010 - WASHINGTON – The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession on the government's finances.

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BP Billed For $99.7 Million By Obama Administration

Posted: 07/13/2010 - The Obama administration says it has sent a fourth bill to BP and other parties seeking $99.7 million for costs related to the response and cleanup of the Gulf oil spill.

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Longtime Yankees Owner Dies

Updated: 07/13/2010 - Spokesman Howard Rubenstein said George Steinbrenner died Tuesday morning. He had a heart attack, was taken to St. Joseph's Hospital in Tampa, Fla., and died at about 6:30 a.m.

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3 Dead in Albuquerque Shooting

Updated: 07/12/2010 - ALBUQUERQUE, N.M. (AP) - A gunman opened fire at an Albuquerque fiber optics manufacturer Monday, killing two people and wounding four others before turning the gun on himself in what police said was a domestic violence dispute.

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Obama Issues New Drilling Moratorium

Posted: 07/12/2010 - WASHINGTON (AP) - The Obama administration is issuing a new moratorium on deep-water offshore drilling and it's no longer based on water depth.

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Congress Returns To A Full Plate

Posted: 07/12/2010 - Congress returns this week to an ambitious agenda that includes a Supreme Court confirmation, major financial regulation, potential immigration reform and other significant priorities. Some, like Elena Kagan's nomination, appear likely to pass. Others are less clear.

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Bernake-Need to Get Loans Flowing To Small Businesses

Updated: 07/12/2010 - WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke says getting loans flowing more normally to small businesses is key to bolstering the economic recovery and reducing unemployment.

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UPDATE: Cap in Place

Updated: 07/12/2010 - NEW ORLEANS (AP) - A new cap is now in place on the leaking well in the Gulf of Mexico.

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Rev. Schuller Retiring From Crystal Cathedral

Posted: 07/11/2010 - GARDEN GROVE, Calif. - The Rev. Robert H. Schuller, founder of Southern California's Crystal Cathedral megachurch and host of the "Hour of Power" televangelism broadcast, announced Sunday he will retire after 55 years in the pulpit and his daughter will take over.

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Holder: U.S. to Watch Arizona for Racial Profiling

Posted: 07/11/2010 - WASHINGTON (AP) - Attorney General Eric Holder isn't ruling out another federal lawsuit challenging Arizona's immigration law -- if there's evidence of racial profiling.

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Governors in Troubled States Seek Aid From Washington

Posted: 07/10/2010 - Governors hamstrung by the sluggish economic rebound in their states and bound to balance their own budgets are pressing anew for Washington to step up with more help, some say even if it means adding to the nation's red ink.

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New Johnson & Johnson Drug Recall Announced

Updated: 07/09/2010 - Sales of Johnson & Johnson pain relievers are plunging amid repeated recalls, with an eighth that expands callbacks for products like Tylenol and Motrin IB just announced.

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Recent Near-Collisions Raise Air Safety Concerns

Posted: 07/07/2010 - Federal officials alarmed by a spate of near-collisions involving airliners are trying to learn why air traffic controllers and pilots are making so many dangerous errors.

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Stocks Surge as Financials, Materials Jump

Updated: 07/07/2010 - The Dow Jones industrials are back above 10,000 after investors had second thoughts about the heavy selling in the stock market during the last two weeks.

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AZ Governor Cancels Border Governors Meeting

Updated: 07/07/2010 - Arizona Gov. Jan Brewer has canceled an annual meeting of 10 Mexican and U.S. border state governors that was scheduled in Phoenix later this year.

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