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Categories:
Environmental and Energy IssuesSocial Issues and Concerns
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News & UpdatesDecember 19, 2008 Credit card changes will give consumers a break  Source: Los Angeles Times Responding to rising consumer complaints, federal regulators Thursday adopted the most sweeping new rules for the credit card industry in three decades, including tougher restrictions on interest rate hikes and late fees.
December 19, 2008 Next SEC boss had CBOT spat Source: Chicaga-Sun Times In picking Mary Schapiro as chairman of the Securities and Exchange Commission, President-elect Barack Obama found a nominee with a background that prepares her for leading major changes in the nation's system of market... December 19, 2008 Paulson: 'Orderly' auto bankruptcy might be best Source: Associated Press The Bush administration is convinced the ailing economy could not withstand the demise of Detroit's Big Three and is looking at "orderly" bankruptcy to keep the automakers from collapsing.
December 18, 2008 Advocates Weigh In on FDA LeaderSource: The Wall Street Journal Health groups, some backed by the drug industry, have joined the heated lobbying battle in Washington over the next commissioner of the Food and Drug Administration, sending a letter to Health and Human Services... December 18, 2008 Environmentalists file 11th-hour lawsuit to block proposed lease sales in UtahSource: Los Angeles Times They contend that the Bush administration, in its haste, failed to comply with regulations requiring it to consider the sales' effect on air quality and other environmental factors December 18, 2008 Obama May Seek a Stimulus Plan Exceeding $850 Billion Source: Bloomberg.com Barack Obama may ask Congress next year to approve a stimulus plan of around $850 billion, an amount that has grown as the U.S. economy sinks deeper into recession, an adviser to the president-elect said.
December 18, 2008 Obama Pick to Lead SEC Is Veteran Wall St. RegulatorSource: Washington Post The selection of Mary L. Schapiro, who would be the first woman to chair the SEC on more than an interim basis, follows a series of high-profile controversies that have raised doubts about its competence as the chief enforcer of... December 18, 2008 ExxonMobil to Pay Penalty for Violating AgreementSource: U.S. Justice Department WASHINGTON—ExxonMobil has agreed to pay nearly $6.1 million in civil penalties for violating the terms of a 2005 court-approved Clean Air Act agreement, the Department of Justice and the U.S. Environmental Protection Agency (EPA)... December 17, 2008 Chrysler Idles Plants for a Month; GM Halts Volt Engine FactorySource: Bloomberg.com Chrysler LLC, awaiting a federal rescue as its cash dwindles, will shut all 30 of its plants for at least a month starting Dec. 19 as unsold cars and trucks pile up at showrooms. Production won’t resume until Jan. 19 at the... December 17, 2008 Environmentalists Wary of Obama’s Interior PickSource: New York Times President-elect Barack Obama’s choice to lead the Interior Department, Senator Ken Salazar of Colorado, will inherit an agency demoralized by years of scandal, political interference and mismanagement.
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