The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank (ECB), the United States Federal Reserve and the Swiss National Bank on Wednesday announced a coordinated attempt to provide liquidity support to the global financial system to avert further global financial distress.
Britain has ordered its entire diplomatic staff to be removed from Iran after supporters of Iranian ruling clerics attacked the British Embassy and residential compound in Tehran.
A man who broke into the home of a Kansas couple and took them hostage is suing the couple for breach of contract to cover emotional stress and medical bills. The criminal, Jesse Dimmick of Denver, is serving an 11-year sentence after breaking into Jared and Lindsay Rowley’s Topeka-area home in September 2009.
Republican Presidential primary candidate Jon Huntsman suggested in a recent interview that his sex scandal-ridden fellow candidate, Herman Cain, is hurting the entire Republican field and distracting voters from the real issues.
On Wednesday, the National Labor Relations Board (NLRB) voted to move forward with portions of a union election rule after the board’s only Republican member showed up to vote in opposition.
Tower Defense and Aerospace, a Detroit company that makes parts for tanks and Humvees for the military as well as civilian aircraft, is accused of hiring workers who drank and smoked marijuana on the job.
An opinion piece published by Salon accuses GOP Presidential candidate Ron Paul as being a “phony populist” and a true friend of the wealthiest Americans.
Drones similar to those used by the military may soon be operated in civil airspace in the United States by law enforcement officials and civilians. Police departments in Texas, Florida and Minnesota have expressed interest in using drone aircraft.
Representative Barney Frank, the top Democrat on the Financial Services Committee, will leave a political legacy most likely highlighted by the sweeping Wall Street regulatory reform that he drafted with former Senator Chris Dodd (D-Conn.) which was enacted last year.
There is some speculation that organized protest movements such as Occupy Wall Street have encouraged lawmakers to put provisions in place that give the Federal government the authority to quickly quell dissent that grows out of control and the detain agitators.