Parents face liability for underage drinking at home
An Associated Press report details how social host laws can make parents liable for underage drinking at home even if they did not know alcohol was present. It cites a California case involving Bill Burnett, Stanford professor, and explains varying state laws and expert views on enforcing parental responsibility.
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New York
Menlo Park
Calif
Bill Burnett
Stanford University
Burnett
National Institutes of Health
NIH
Stephen Wallace
Burnetts
Wallace
Liberty Mutual
Fuel Exports Top U.S. Goods As Energy Shift Sets In
The United States aspires to energy trade leadership as gasoline diesel and jet fuel become the nation’s top export for 2011. Crude oil prices rise while demand abroad grows and domestic consumption falters, boosting refined fuel shipments overseas. The trend, a rare flip since 1949, underscores a shift toward exporters’ gains and higher domestic prices amid a world market.
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New York
United States
U.S
America
Europe
Congress
Latin America
Tom Kloza
Oil Price Information Service
Asia
David J. Phillip
Deer Park
Texas
Verizon Drops Two Dollar Payment Fee After Backlash
Verizon Wireless reversed its plan to charge a two dollar fee for payments made by phone or online with credit or debit cards. The decision came after customer feedback and a Change.org petition that drew over 95,000 names by Friday afternoon. The company aimed to push electronic checks and automatic card payments, citing cost and reliability.
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Verizon Wireless
Verizon
Change.org
Friday Markets Move as Dow Falls and Commodities Rally
The Dow Jones Industrial Average slides 69.48 points to 12,217.56 while the Nasdaq dips 8.59 to 5,605.15 and the S&P 500 drops 3.42 to 1,257.60. Treasury yields edge up to 2.89 percent. Corn gains 8.5 cents to 6.46, soybeans climb 10.75 cents to 12.08, wheat rises 19 cents to 7.17. Oil falls 82 cents to 98.83, gold down 25.90 to 1,566.80, silver up 0.60 to 27.92, platinum at 1,404.90.
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Dow Industrials
Chicago
Kansas City
New York
Obama delays debt limit request amid congressional timing
President Obama postponed asking Congress to approve a 1.2 trillion dollar debt limit increase, citing a timing issue as lawmakers in both parties sit in session after January. Officials say the move avoids forcing early House votes and keeps borrowing within current authority until after the 2012 election.
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Barack Obama
White House
Congress
Obama
Washington
Josh Earnest
Kevin Smith
John Boehner
House
Treasury Department
Bush
Senate
Hawaii
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