We’re pretty sure that on Sunday, Democratic and Republican candidates will still be running attack ads. But it’s possible the Rally to Restore Sanity could have some effect on the national conversation.
BP says it will seek a $9.9 billion tax write-off based on the $32 billion it expects to spend on Gulf oil spill cleanup and recovery. One US senator is already calling for hearings to prevent it.
A new estimate suggests that the Gulf oil spill blowout gushed 4.9 million barrels of oil before BP capped it, making it the largest accidental oil spill in history.
Robert Dudley, who will become BP's new chief executive on Oct. 1, has many of the qualities that BP needs as it tries to move beyond the Gulf oil spill crisis. But he faces a tough task.
This week Toyota announces new safety measures. But another recall and news that its research firm altered documents requested in a government probe have some consumer advocates questioning whether the automaker is serious about safety.
Boycotts and protests against BP gas stations could hurt the wrong people. But public anger over the Gulf oil spill can no longer be contained, worsening the oil giant’s prospects for survival.
The firm is spending about $6 million a day to contain the oil spill. Gulf of Mexico expenses associated with the oil rig explosion could eventually cost BP more than $3 billion.
Critics say Vermont Yankee nuclear plant was too old and had too many problems. This could be a blow for the Obama administration's plan to refurbish and revive aging nuclear power plants.
The Supreme Court's campaign finance ruling was based on the US Constitution. This makes it particularly hard for Congress to do anything but modify campaign finance law – public disclosure provisions, for example.