No energy industry backing for the word fracking
AAP report notes linguistic debate over the term fracking used for hydraulic fracturing. Industry says it is a biased, misspelled label harming objectivity, while critics link it to environmental harm and water risks. Obama avoided the term in the State of the Union while praising subsidies and job goals.
MENTIONED IN THIS ARTICLE
New York
Barack Obama
Kate Sinding
Natural Resources Defense Council
Albany
Michael Kehs
Chesapeake Energy
Michael Weiss
Cornell University
Deborah Mitchell
University of Wisconsin
School of Business
Obama
State of the Union
Pentagon plan: Army and Marines to shrink on budget slowdowns
The Pentagon unveiled a five year plan to slow defense spending by shrinking the Army from 570000 to 490000 and reducing the Marine Corps by 20000 while delaying major weapons programs. War costs drop to 88 billion as Iraq ends. The base budget rises to 567 billion in 2017 amid shift to Asia and cyberspace.
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Washington
Pentagon
Army
Marine Corps
Defense
Leon Panetta
Europe
Asia
Panetta
Congress
U.S
Iraq
Obama
Afghanistan
Mideast
Osama bin Laden
Geithner says he won’t seek second term as Treasury chief
Noting he does not expect President Obama to ask him to stay if re elected, Timothy Geithner said in a Bloomberg Television interview that he is confident another Treasury secretary will serve. He remains the sole surviving member of Obama’s original economics team after the debt limit fight and had briefly contemplated leaving in August.
MENTIONED IN THIS ARTICLE
Timothy Geithner
Treasury
Barack Obama
Obama
Geithner
Bloomberg
Markets End Mixed as Key Averages Dull Thin Trade
Thursday trading showed the Dow slipping 22.33 points to 12134.63 while the Nasdaq fell 13.03 to 2805.28 and the S&P 500 shed 7.63 to 1318.43. Bond yields edged higher and commodities moved little with oil near 99.70, gold at 1726.70, and soybeans climbing 9.25 cents to 12.23.
MENTIONED IN THIS ARTICLE
S&p
Treasury
Chicago
Kansas City
New York
Business at a Glance Shows U.S. Economy Gains Confidence
Businesses are investing in equipment and cutting layoffs as manufacturing and unemployment claims improve. Orders for core capital goods hit a record high, signaling stronger capital spending. Caterpillar and 3M reported robust Q4 results, while claims and hiring trends offer cautious optimism for 2012.
MENTIONED IN THIS ARTICLE
Washington
U.S
Diane Swank
Mesirow Financial
Commerce Department
Carl Riccadonna
Deutsche Bank
Caterpillar
Wall Street
3M Co
Federal Reserve
Joel Naroff
Naroff Economic Advisors
SeAL raid frees Americans in Somalia hostage release
U S Navy SEALs rescued Jessica Buchanan and Poul Hagen Thisted after a late night raid in northern Somalia. Nine captors were killed and the pair were unharmed. Pirates say the remaining American hostage has moved locations three times in 24 hours amid ongoing threats. US and regional officials coordinate to pursue further information and safety updates.
MENTIONED IN THIS ARTICLE
MocapisHa
Somalia
U.S. Navy
Hassan Abdi
Abdi
Jessica Buchanan
Poul Hagen Thisted
Buchanan
Thisted
U.S
Sigonella
Sicily
Mediterranean
Associated Press
U.S. State Department
Victoria Nuland
Kenya
Nuland
Washington
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House
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Texas
Senate Armed Services Committee
John McCain
R-Ariz
Dow Industrials
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