Bremby era KDHE chief resigns amid Sunflower permit clash
KDHE memo notes Bremby departure and names John Mitchell as acting secretary. In 2007 he denied Sunflower Electric a permit citing climate concerns. Gov Sebelius vetoes blocked overrides as Parkinson later brokered a deal to revive the project with renewable energy assurances. A draft permit for the Holcomb unit has been issued.
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Kathleen Sebelius
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Homeownership rate holds at decade low amid foreclosures
The U S homeownership rate stayed at 66.9 percent in the July to September quarter, with demand weakness and rising foreclosures dampening buyers. The Federal Reserve plans further monetary expansion, signaling potential policy moves by the ECB, Bank of England, and Bank of Japan as they meet this week to gauge impact on the dollar and global recoveries.
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BP returns to profit after Gulf spill costs mount
BP PLC posted a third quarter profit of 1.79 billion dollars, down sharply from a year earlier due to spill costs, as the company maintains a 40 billion dollar estimate for its response. Executives cited recovery and stability, while Gulf residents await compensation amid delays. BP has paid about 1.7 billion in claims from its 20 billion fund as the spill toll continues to unfold.
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Market roundup on Tuesday stocks and commodities dip
Dow at 11,188.72 up from prior close? Nasdaq 2,533.52 with a 28.68 point gain. S&P 500 1,193.57 and 30 year Treasuries yield 3.93 percent. Chicago corn at 5.76 a bushel down 1.5 cents. Soybeans at 12.34 a bushel down 1 cent. Wheat futures at 7.49 a bushel down 4.75 cents. Oil priced at 83.90 a barrel up 95 cents.
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Kansas GOP sweeps top state offices in historic victory
The Kansas Republican slate dominates statewide races as Brownback leads Holland 63 to 33 with Republicans also winning all four U.S. House seats and Moran’s Senate win. Praeger to serve a third term, Kobach focuses on immigration, Schmidt on the health care suit, and Democrats suffer a broad defeat.
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