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November 20, 2008
California leads fight against climate change on global level

By: LA Times

Gov. Schwarzenegger signs a pact with heads of other states and provinces to cut greenhouse emissions. 'We have got to do something worldwide here,' he says.


November 20, 2008
Senate Probe to Look at Bond-Rating Firms

By: Wall Street Journal

The Senate's Permanent Subcommittee on Investigations is opening a probe into causes of the global financial crisis, focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments...


November 20, 2008
FOMC sees yearlong recession, minutes show

By: MarketWatch

Federal Reserve policymakers now expect the U.S. economy to contract for as much as a year, with the risk that the slowdown could persist for even longer, according to edited minutes of a closed-door meeting of the Federal Open...


November 20, 2008
GM, Ford, Chrysler Depart From Congress Empty-Handed (

By: Bloomberg.com

U.S. lawmakers deadlocked on a plan to bail out the Big Three automakers, leaving General Motors Corp. facing the prospect it could run out of cash before a new Congress can come to the rescue next year.

 


November 19, 2008
FDA opens new China office

By: Associated Press

The U.S. Food and Drug Administration opened an office Wednesday in China's capital — its first outside the United States — as part of a new global strategy to ensure the safety of trillions of dollars of imports. Product safety...


November 19, 2008
Obama Embrace of Wall Street Insiders Points to Politic Reforms

By: Bloomberg.com

During the height of the financial crisis in late September, some of Barack Obama's campaign advisers pushed him in a conference call to distance himself from Treasury Secretary Henry Paulson. The former Goldman Sachs Group Inc....


November 19, 2008
EPA split over air quality rule changes

By: Houston Chronicle

The Environmental Protection Agency is finalizing new air quality rules that will make it easier to build coal-fired power plants, oil refineries and other major polluters near national parks and wilderness areas, despite the...


November 19, 2008
Google CEO Schmidt lays out U.S. energy ideas

By: Reuters

The United States should use part of any future economic stimulus package to connect wind turbines and solar energy to the nation's electricity grid, said Google Inc Chief Executive Eric Schmidt, an advisor to President-elect...


November 19, 2008
U.S. regulators face fight on IFRS accounting cost

By: Reuters

Just four days after releasing a formal "roadmap" proposal to move U.S. companies to international accounting rules, U.S. regulators are facing a slew of complaints about the millions of dollars it would cost companies to make...


November 19, 2008
Dingell and Stupak Release Government Accountability Office Report on Nuclear Safety

By: RTT News

Energy and Commerce Committee Chairman John Dingell (D-MI) and Oversight and Investigations Subcommittee Chairman Bart Stupak (D-MI) released a new Government Accountability Office report Tuesday that argued the need for...


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