It’s confirmed: Elena Kagan will be the 112th justice of the Supreme Court making her the fourth woman ever sit on the high court. Solicitor Elena Kagan was president Obama’s nominee for replacing Justice John Paul Stevens and on a 63-37 vote, she’s been elected for the next justice of the court. The vote was [...]
ABC reported, that an internet security consultant has collected and published limited personal data on about 100 million Facebook users to show his concerns about Facebook’s privacy settings. Ron Bowles wrote a script which was looking for profile information from users who had not manually opted to hide their profile settings. Then he posted all [...]
Tony Hayward, chief executive of BP, is about to leave the company. Altough BP said that “no final decision” has been made about possible management changes, it is likely that Hayward won’t be the chief executive of BP anymore. “BP notes the press speculation over the weekend regarding potential changes to management and the charge [...]
President Barack Obama today signs the Wall Street reform bill, a bill which is aimed to change the way big financial companies do business. It’s the biggest reform act of the financial regulatory system in the U.S. since the great depression. The reform bill is going to create a new council of regulators, the Financial [...]
Gov. Arnold Schwarzenegger and his administration made a decision about reducing the state workers’ hourly wage to the federal minimum wage, which is $7.25/hour. The cause of this pay cut is related to the lack of state budget in place. Two courts have agreed, that state laws require the reductions of pay checks, but John [...]
BP placed a cap on the oil well, which has caused tremendous amount of damage for the Gulf of Mexico in the last few months. The cap seems to be working now and Gulf residents are anxiously watching whether the cap will stay there and collect the oil, or not. The oil spill started after [...]
Currently about 10.5 million Americans collect unemployment benefits each month, but over 3 million people could lose this help in July, if the Congress doesn’t extend the jobless benefits. Although people can receive these benefits for up to 99 weeks, it looks like it’s still a short period of time in these economic conditions. Approximately [...]
Robert Reza a 37-year-old gunman shot and killed two people at an office in Albuquerque, before committing suicide. Police officers responded to a 911 call at 9:26 AM, the caller told the dispatcher that multiple shots had been fired. Officers entered the office building minutes after the 911 call, and they found ten people who [...]
The White House announced that President Obama will Nominate Jacob Lew as the next director of the White House Office of Management and Budget. Jacob Lew served as President Bill Clinton’s budget chief between 1998 and 2001, worked as managing director of Citi Alternative Investments and he is currently the Deputy Secretary of State for [...]
10 Russian agents were arrested in the United States 12 days ago. These Russian agents and 4 Russians who were accused of conducting espionage activities for the West were exchanged yesterday between the United States and Russia. As Attorney General Eric Holder said, there was no reason for charging the 10 Russian agents, because they [...]
