US News

Taper Now, Even If Economy Isn't Ready

CNBC - Fri, 06/07/2013 - 7:35am
Alan Greenspan said the Fed should taper its $85 billion a month bond buying even if the economy is not ready for it.
Categories: US News

IRS Alerted to Targeting in 2010: Report

CNBC - Fri, 06/07/2013 - 7:29am
A misfired email suggests Washington IRS officials may have known about targeting as early as 2010.
Categories: US News

Complaints of shoddy work, unsafe conditions reported before Philly building collapse

FOX News - Fri, 06/07/2013 - 7:28am

Poor demolition work reportedly went uninspected for more than three weeks before the deadly collapse of a building in Philadelphia, raising questions about the city's regulatory process.

The Philadelphia Inquirer reports that Mayor Michael Nutter and Licenses and Inspections Commissioner Carlton Williams said Thursday that the city had granted a demolition permit for the project at 22nd and Market streets without any inquiry into the contractor's qualifications for demolition work. The city does not require demolition contractors to establish their qualifications.

Six people were killed and 14 others were injured on Wednesday when a four-story brick wall fell onto an adjoining single-story Salvation Army thrift shop.

The Griffin Campbell Construction Co., licensed for the first time in January, ignored basic industry standards, set forth by the federal Occupational Safety and Health Administration (OSHA), requiring lateral bracing for exterior walls and gradual, floor-by-floor removal of upper stories, the newspaper reports.

An although the city began fielding resident complaints about the Center City project as early as May 7, city inspectors reported no problems at a May 14 visit and did not follow up. Williams told reporters Thursday that the city typically does not inspect demolition work in progress, waiting until projects are completed before surveying the sites for rubble removal, grading, and elimination of any holes or other hazards.

Nutter's spokesman, Mark McDonald, said the city relied on OSHA to look into safety issues at active demolition sites.

Click for more from the Philadelphia Inquirer.

Categories: US News

Zimmerman judge considers allowing voice experts

FOX News - Fri, 06/07/2013 - 7:24am

For a second day in a row, a Florida judge is weighing whether to allow certain voice experts to testify at the trial of a neighborhood watch volunteer charged in the fatal shooting of an unarmed teen.

Circuit Judge Debra Nelson is listening Friday to testimony from voice experts about whether witnesses with expertise in speech identification should be allowed to testify when George Zimmerman's trial starts next week.

Zimmerman is charged with second-degree murder for killing 17-year-old Trayvon Martin during a struggle in a gated community. He is pleading not guilty, claiming self-defense.

Neighbors called 911 during the fight and cries for help can be heard on the recordings.

Martin's family claim the cries came from the teen while Zimmerman's father has testified they were those of his son.

Categories: US News

POLITICO's Cartoon Carousel

POLITICO - Fri, 06/07/2013 - 7:14am
POLITICO's Cartoon Carousel
Categories: US News

N.Y. Times changes scathing editorial

POLITICO - Fri, 06/07/2013 - 7:13am
No correction or explanatory note was appended.
Categories: US News

Wal-Mart Faces Scrutiny

CNBC - Fri, 06/07/2013 - 7:08am
Wal-Mart is expected to say it is improving the way it does business and outline new opportunities its shareholder meeting.
Categories: US News

Samsung Sheds $12 Billion in Value

CNBC - Fri, 06/07/2013 - 6:57am
Samsung lost $12 billion in market value on Friday, hit by concerns about slowing sales of its Galaxy S4 smartphone.
Categories: US News

Rove supports NSA surveillance

POLITICO - Fri, 06/07/2013 - 6:46am
The former Bush adviser says it's needed to keep the country safe and has bipartisan support.
Categories: US News

JC Penney Hopes for a Home Run

CNBC - Fri, 06/07/2013 - 6:39am
J.C. Penney is hoping its new home product range will return the retailer to its glory days, the company's CEO told CNBC.
Categories: US News

Yogi: Jackson's Satan claim a stretch

POLITICO - Fri, 06/07/2013 - 6:27am
The founder of Yoga District has a message for the candidate for Virginia lieutenant governor.
Categories: US News

Bachmann may run for another office

POLITICO - Fri, 06/07/2013 - 6:13am
"I'm not retiring, I'm not going silent, I'm not quitting my public involvement," she says.
Categories: US News

Poll: Most view China as a friend

POLITICO - Fri, 06/07/2013 - 6:10am
The youngest group of respondents had the most positive view of the nation, Gallup finds.
Categories: US News

The Case for Self-Funded Health Plans

CNBC - Fri, 06/07/2013 - 6:09am
New technology has emerged that makes self-funding of small employers easier. A case for such plans.
Categories: US News

Apple's 'Wild Card' May Be Truly Wild

CNBC - Fri, 06/07/2013 - 6:05am
Apple's big announcement next week may not be what everyone thinks.
Categories: US News

Time to Get Tough on China

CNBC - Fri, 06/07/2013 - 5:59am
China's aggressive actions and halting cooperation on a growing list of issues undermine the U.S. economy.
Categories: US News

Banned! No Google Glass Shareholder Meeting

CNBC - Fri, 06/07/2013 - 5:39am
Tight security restrictions at Thursday's Google shareholder meeting led even the company's much-hyped Google Glass technology to be banned, infuriating a consumer watchdog.
Categories: US News

UK Jobseekers Asked How to Fit Giraffes in Fridges

CNBC - Fri, 06/07/2013 - 5:23am
"How do you fit a giraffe in a fridge?" - just one of the bizarre questions you may be asked in a U.K. job interview.
Categories: US News

America and China's dream

POLITICO - Fri, 06/07/2013 - 5:08am
Opinion: President Xi's dream calls for a new kind of cooperation between China and the U.S.
Categories: US News

Yucca looms over nuclear waste

POLITICO - Fri, 06/07/2013 - 5:08am
The project has run aground amid opposition from the White House and Harry Reid.
Categories: US News