POLITICS

Snyder Spends Big Bucks for Election Posted September 3, 2010

Rick Snyder

Finance reports released on the primary election in Michigan show that Ann Arbor businessman Rick Snyder spent more than twice as much as his opponents to win the Republican nomination.  Snyder spent seven-point-six-million-dollars, which included a five-point-nine-million-dollar loan from himself to the campaign.  Democratic nominee Virg Bernero brought in one-point-one-million-dollars ...More

U.S. offshore oil fire may delay lift of drill ban Posted September 2, 2010

Boats spray water to extinguish a fire on an oil and gas platform operated by Mariner Energy off the

WASHINGTON (Reuters) - The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and may push back lifting a ban on deepwater drilling after the latest accident in the Gulf of Mexico, analysts said on Thursday. The fire on a Mariner Energy ...More

Obama adviser Summers to visit China September 4 Posted September 2, 2010

WASHINGTON (Reuters) - The White House said on Thursday that President Barack Obama's top economic adviser will visit China from Saturday for three days of meetings. The White House said in a statement that National Economic Council Director Larry Summers and Deputy National Security Adviser Thomas Donilon would travel to ...More

Food safety a "priority" for Senate: Reid aide Posted September 2, 2010

WASHINGTON (Reuters) - Passing food safety reform legislation this year is a "priority" for the Senate, said a spokesman for Senate Democratic Leader Harry Reid, as Congress feels pressure from consumer groups to act following the latest recall to highlight weaknesses in the system. "It has been and will continue to ...More

Obama to hold press conference next Friday Posted September 2, 2010

U.S. President Obama is flanked by Secretary of State Clinton as he makes comments on the Middle Eas

WASHINGTON (Reuters) - President Barack Obama will hold a press conference on Friday, September 10, the White House said on Thursday. It also said in a statement that he would make two trips next week to talk about the economy, visiting Milwaukee, Wisconsin, on Monday and Cleveland, Ohio on Wednesday. Obama ...More

Warren schedule change stirs talk on consumer job Posted September 2, 2010

Congressional Oversight Panel Chair Elizabeth Warren asks questions during a hearing in Washington

WASHINGTON (Reuters) - A last-minute change in the fall course schedule of Harvard law professor Elizabeth Warren has fueled speculation the White House might soon nominate her to head the newly created U.S. consumer financial agency. Harvard students enrolled in Warren's contracts class were informed that a different professor ...More

NY mayor denies talk he might be Washington-bound Posted September 1, 2010

Mayor of New York City Michael Bloomberg speaks at the opening ceremony of the U.S. Open tennis tour

NEW YORK (Reuters) - New York City Mayor Michael Bloomberg on Wednesday shot down speculation he might succeed Treasury Secretary Timothy Geithner, saying he would only leave office early if he were totally incapacitated or died. The mayor faced questions about his political future following a gossip item in the New ...More

Special session on California budget unlikely now Posted September 1, 2010

SACRAMENTO, California (Reuters) - California lawmakers may not be called into a special session on the state's budget stalemate, Governor Arnold Schwarzenegger said on Wednesday after Democrats and Republicans in the legislature killed rival plans to fill a $19 billion shortfall to balance the state's books. The two sides ...More

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