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Updated: 14 years 25 weeks ago
BP chief apologizes for "small people" remark
WASHINGTON (Reuters) - BP Chairman Carl-Henric Svanberg on Tuesday apologized for speaking "clumsily" by referring to those hurt by his company's oil spill as "small people."
Categories: Science News
Maradona renews South Korea rivalry
JOHANNESBURG (Reuters) - Argentina's quixotic coach Diego Maradona is to relive an old rivalry when the stylish South Americans take on a South Korea side led by the man who tried to stop him during their 1986 World Cup encounter.
Categories: Science News
BP chairman apologizes to Americans for oil spill
WASHINGTON (Reuters) - BP Plc's chairman apologized on Wednesday to the American people for the catastrophic oil spill on the Gulf coast.
Categories: Science News
Lawmakers accuse BP chief of evasion over oil spill
WASHINGTON (Reuters) - Lawmakers accused BP Chief Executive Tony Hayward of evasion and ducking responsibility for the worst oil spill in U.S. history when he appeared before them on Thursday to answer charges his company cut corners on its blown-out Gulf of Mexico well.
Categories: Science News
Despite spill, most Americans back offshore drilling
WASHINGTON (Reuters) - Most Americans still support offshore drilling and believe it is critical to making the U.S. competitive, despite the growing oil spill along the Gulf coast, a new poll showed on Wednesday.
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Senate votes to extend home tax credit deadline
WASHINGTON (Reuters) - The Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of activity in the housing market.
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U.S. targets bank, shipping in new Iran sanctions
WASHINGTON (Reuters) - The U.S. Treasury on Wednesday imposed new sanctions on Iran to curb its nuclear program, blacklisting another of its state-controlled banks, companies that are fronts for its state shipping line, and more of its Revolutionary Guard Corps.
Categories: Science News
BP Chairman apologizes to Americans for oil spill
WASHINGTON (Reuters) - BP Plc's chairman apologized on Wednesday to the American people for the catastrophic oil spill on the Gulf coast.
Categories: Science News
In U.S., 15 percent lack health insurance: survey
(Reuters) - More than 15 percent of Americans lacked health insurance in 2009, a slight but insignificant rise from 2008, according to U.S. government survey data released on Wednesday.
Categories: Science News
Obama's call on energy bill fails to sway Congress
WASHINGTON (Reuters) - U.S. President Barack Obama's muted call for comprehensive energy legislation failed to sway a hesitant Congress on Wednesday, with hopes for approval before November elections fading fast.
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Obama to meet senators on energy bill next week
WASHINGTON (Reuters) - President Barack Obama will meet key Republican and Democratic senators on June 23 to discuss a way forward for energy legislation that is currently stalled in the Senate, a White House aide said on Wednesday.
Categories: Science News
New Jersey woman charged in $45 million Ponzi scheme
NEW YORK (Reuters) - A New Jersey woman was arrested on Wednesday and charged with running a $45 million Ponzi scheme in which she allegedly promised investors high returns from real estate, but instead used their money to repay other investors and gamble at casinos.
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France and Spain move on reforms before EU summit
MADRID/PARIS (Reuters) - Spain and France announced politically unpopular labor and pension reforms on Wednesday in the face of financial market pressure on euro zone states to clean up their finances.
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U.S. to unveil steps to build on Iran sanctions
WASHINGTON (Reuters) - Senior U.S. officials will unveil on Wednesday new economic steps they plan to take to try to pressure Iran over its nuclear program and build on the latest round of U.N. sanctions, an Obama administration official said.
Categories: Science News
Swiss shock Spain, hosts crushed
JOHANNESBURG (Reuters) - Switzerland scored this World Cup's biggest upset on Wednesday with a win over fancied Spain but hosts South Africa sent their hordes of vuvuzela-blowing fans home dejected after defeat to Uruguay.
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Home building dives to five-month low
WASHINGTON (Reuters) - Housing starts fell to a five-month low in May but industrial output rose, evidence of an uneven recovery that has kept inflation at a minimum.
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Iran says to set terms for any new nuclear talks
TEHRAN (Reuters) - Iran is ready to resume stalled nuclear talks with major powers if conditions Tehran will announce soon are met, President Mahmoud Ahmadinejad said a week after the country was hit by new U.N. sanctions.
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Israel pushes Gaza blockade talks to Thursday
JERUSALEM (Reuters) - Israel's security cabinet met on Wednesday to consider easing a Gaza blockade following an international outcry over a deadly raid on an aid flotilla, but adjourned without taking any decisions.
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Lehman Europe creditors offered fast-track payouts
LONDON (Reuters) - Thousands of creditors owed up to $22 billion by bankrupt U.S. investment bank Lehman Brothers will be offered earlier cash payments if they are willing to take a cut in their claim valuations.
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EU, IMF deny planning Spain credit line
BRUSSELS/MADRID (Reuters) - The EU and International Monetary Fund on Wednesday denied a report that they and the U.S. Treasury were drawing up a safety net for Spain including a credit line of up to 250 billion euros ($335 billion).
Categories: Science News