June 28, 2010
The U.S. Army Corps of Engineers has been giving different answers about whether it will produce a post-flood report for the Cumberland River basin and surrounding areas. In an interview, Corps Programs Integration Division Chief Gary Loew said last Thursday …
June 28, 2010
The U.S. Supreme Court upheld a ruling refusing to give a patent for a business method, but also criticized the prevailing standard for deciding whether to allow such patents. The case, involving a system for hedging against energy cost changes, …
June 28, 2010
The Supreme Court Monday struck down part of a law to prevent fraud committed by companies like Enron and WorldCom, saying a board to police public companies’ auditors violated the Constitution. But the ruling left the 2002 Sarbanes-Oxley law and …
June 25, 2010
U.S. lawmakers hammered out a historic overhaul of financial regulations as dawn broke over the nation’s capital Friday, handing President Barack Obama a major domestic victory on the eve of a global summit devoted to financial reform. In a marathon …
June 25, 2010
A U.S. Senate-House of Representatives panel has completed a bill overhauling financial regulation. It must now win approval in each chamber before it can go to President Barack Obama to be signed into law. Here is a brief look at …
June 25, 2010
A small group of Democratic governors this week launched a counter-attack over the federal healthcare overhaul, firing back against legal challenges from nearly two dozen state attorneys general who are seeking to overturn the new law. In a sign of …
June 23, 2010
The House of Representatives has passed another temporary extension of the National Flood Insurance Program until Sept. 30, 2010. The program has been suspended from issuing new policies since May 31. Reauthorization provisions have been embedded in controversial legislation on …
June 18, 2010
The Export Import Bank of the United States announced that over the last two months it has “has approved five medium-term insurance policies through PNC Bank for buyers in Chile, all of which focus on infrastructure development.” The bank’s bulletin …
June 18, 2010
The U.S. Senate yesterday again voted down a legislative package on jobless benefits, Medicare payments to doctors and business tax breaks that also contains reauthorization of the nation’s flood insurance program. Despite reducing the overall cost of the package, Democrats …
June 17, 2010
The White House offered an explanation Wednesday of how its new independent claims process would work for those harmed by the BP oil spill, including details of a $20 billion escrow account funded by the British oil giant. NEW DAMAGE …