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China Finding Ways to Buy Big Into US

CNBC - 19 hours 31 min ago
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion.
Categories: US News

Former IRS chief says he lacked details, acted properly on targeting

CNN - Tue, 05/21/2013 - 11:46pm
The former head of the IRS said Tuesday that he was aware of some aspects of his agency's targeting of conservative groups in the spring of 2012, and took what he called the correct action of ensuring the situation would be independently reviewed.
Categories: US News

Twister destroys like 'lawnmower blade'

CNN - Tue, 05/21/2013 - 11:44pm
Damage assessments show that the Oklahoma tornado was an EF5 -- meaning it had winds of 200 mph or greater.
Categories: US News

Business Expansion? Then Dump the Debt

CNBC - Tue, 05/21/2013 - 11:18pm
Debt-laden businesses make decisions out of desperation. So cut up the credit cards and use these four strategies instead.
Categories: US News

Chuck Hagel's special exemption

POLITICO - Tue, 05/21/2013 - 11:15pm
Sex-assault-prevention workers won't be furloughed.


Categories: US News

Bank of Japan Keeps Policy on Hold, as Expected

CNBC - Tue, 05/21/2013 - 11:08pm
The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its inflation target.
Categories: US News

Birth control takes center stage

POLITICO - Tue, 05/21/2013 - 11:03pm
POLITICO Pro Report: The ACA provision requiring insurance companies to pay goes before appeals.


Categories: US News

Federal safety panel claims ATF blocking probe into Texas plant blast

FOX News - Tue, 05/21/2013 - 10:59pm

Federal agents and the state fire marshal have effectively barred a federal safety panel from the site of a Texas fertilizer plant blast that killed 15 people and injured about 200 others, hampering its investigation, the panel's chairman said.

In a May 17 letter to Sen. Barbara Boxer, U.S. Chemical Safety Board Chairman Rafael Moure-Eraso asked the California Democrat to help the board obtain evidence under control of the Bureau of Alcohol, Tobacco, Firearms and Explosives that he contends is essential to the board's investigation, the Waco Tribune-Herald and Austin American-Statesman reported.

"To date, the CSB has experienced significant obstacles that potentially compromise and delay our ability to complete the `comprehensive investigation' that you have rightly demanded, and that we would very much like to produce," he wrote to Boxer. The chairwoman of the Senate Committee on Environment and Public Works has said she planned to hold hearings into the April 17 West Fertilizer explosion.

A criminal investigation "comes with certain sensitivities. You need to keep it to law enforcement only," Robert Champion, ATF special agent in charge of the investigation told the American-Statesman. He also said the decision to bar the CSB from the site was made by the State Fire Marshal's Office.

Fire Marshal's Office spokeswoman Rachel Moreno said the CSB was kept out because criminal investigators were executing search warrants.

"We have to protect evidence," she told the American-Statesman. "We need to have one report, one set of interviews; it all has to be clear cut."

Messages left by The Associated Press with ATF and the State Fire Marshal's Office were not returned Tuesday night. However, a Boxer spokeswoman said the senator had asked the agencies to respond as quickly as possible to her concerns regarding the issues raised in the letter.

In an April 30 statement, Boxer said she "cannot rest until we get to the bottom of what caused the disaster" in West and that she wants to make sure such facilities are complying with chemical safety laws.

In his letter, Moure-Eraso said the board sent 18 investigators and other experts to West within 24 hours of the blast. At the same time, ATF "assumed essential exclusive control of the incident site" with the State Fire Marshal's Office, he wrote.

"These criminal investigators have exercised exclusive control of the site for a full one-month period ... and have altered or removed almost all relevant physical evidence at the site," he wrote.

ATF and the State Fire Marshal's Office "consistently expressed the position that CSB was not permitted to conduct separate interviews, prepare expert analysis or author its own independent report," he wrote. ATF and the state fire marshal "state that because in their view this was exclusively a criminal investigation, there could be only one version of what occurred and one report."

On May 16, representatives of the State Fire Marshal's Office announced that the joint criminal investigation left the cause of a fire precipitating the blast as "undetermined."

Investigators narrowed the number of possible causes to three: a problem with one of the plant's electrical systems, a battery-powered golf cart and a criminal act. However, they could not say with certainty what caused the fire that ignited stored ammonium nitrate, said Kelly Kistner, the assistant state fire marshal.

Categories: US News

Jet Stream Causing Tornado Outbreak

The New York Times - Tue, 05/21/2013 - 10:59pm
First, the jet stream caused a cold snap by bringing Arctic air farther south than normal, but when it shifted north, it allowed tornado-causing moist air to move into the Midwest    

Categories: US News

Ireland’s Tax Policy Is No Secret

CNBC - Tue, 05/21/2013 - 10:56pm
Other countries have long been annoyed by Irish tax laws, but the benefit to the struggling country’s economy means the rules are unlikely to change. The NYT reports.
Categories: US News

Shelter Requirements Resisted in Tornado Alley

The New York Times - Tue, 05/21/2013 - 10:53pm
In states like Oklahoma and Missouri, tornadoes are a seasonal threat, but government regulation and the expense of shelters rankle.    

Categories: US News

For Tea Party Groups, Shades of 2010

The New York Times - Tue, 05/21/2013 - 10:40pm
Leaders of the Tea Party movement hope outrage over the I.R.S. inquiry will rekindle grass-roots activism that in many places went dormant after Republican electoral defeats in 2012.    

Categories: US News

Jay Carney's blues

POLITICO - Tue, 05/21/2013 - 10:37pm
Carney's latest dust-up with the media exposes long-simmering tensions.


Categories: US News

Gary Sinise's D.C. role

POLITICO - Tue, 05/21/2013 - 10:33pm
The actor who played Lt. Dan in "Forrest Gump" honors veterans during a trip to the Beltway.


Categories: US News

Debate Aside, Number of Drone Strikes Drops Sharply

The New York Times - Tue, 05/21/2013 - 10:28pm
In an address on Thursday, President Obama will attempt to lay out his justification for drone strikes, which have been in decline since 2010, and what they have achieved.    

Categories: US News

North Korea sends envoy to China

POLITICO - Tue, 05/21/2013 - 10:24pm
The trip is aimed at dialing back tensions magnified by Pyongyang's nuclear ambitions.


Categories: US News

Hershey's Bites Into China, Without Chocolate

CNBC - Tue, 05/21/2013 - 10:22pm
North America's largest chocolate manufacturer Hershey's is veering away from tradition to bite into the world's fastest growing candy market.
Categories: US News

Gold Rally Was a 'Misunderstanding'

CNBC - Tue, 05/21/2013 - 10:19pm
According to this expert the rally in gold over several years was based on a misunderstanding.
Categories: US News

Florida Lesbian Gets Support After Arrest for Sex With Teammate, 14

The New York Times - Tue, 05/21/2013 - 10:16pm
Kaitlyn Hunt is being prosecuted for sex crimes because of encounters with a 14-year-old girl who was her high school basketball teammate.    

Categories: US News

Chicago Communities Wary of Chicago School Closures

The New York Times - Tue, 05/21/2013 - 10:11pm
Parents say the Chicago Board of Education’s plan to shut 53 elementary schools is uprooting the personal and academic lifelines of the city’s neediest communities.    

Categories: US News