Egypt's president clings to decrees amid crisis
President Mohamed Morsi stood his ground on near absolute powers in a move seen as shielding his decrees from judicial oversight. He told top judges that immunity would be limited to sovereignty issues, while opponents rallied at Cairo's Tahrir Square and clashes left a protester dead.
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Cairo
Egypt
Mohammed Morsi
Morsi
Muslim Brotherhood
Tahrir Square
Hosni Mubarak
Supreme Judiciary Council
Brotherhood
Shura Council
Senate stalls sportsmen bill over spending in recession era politics
A broad public lands and outdoors access bill backed by Sen. Jon Tester stalled in the Senate after Republicans raised concerns about conservation funding. The measure would expand access for hunters and include provisions on polar bear trophies and other wildlife issues, but was blocked on procedural grounds led by Sen. Jeff Sessions.
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Washington
Senate
Jon Tester
GOP
Senate Budget Committee
Jeff Sessions
Alabama
Canada
FDA halts Sunland peanut butter plant operations
The FDA halted operations at Sunland Inc in Portales New Mexico, the country’s largest organic peanut butter processor, after salmonella contamination sickened 41 people in 20 states, many children. The action marks the agency’s first use of its enhanced authority under a 2011 food safety law. Trader Joe's sold the implicated peanut butter.
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Washington
Food and Drug Administration
FDA
Sunland Inc
New Mexico
Portales
Trader Joe's
Fiscal deal eludes despite compromise talks in Washington
Washington discussions on a broad budget deal show little movement on tax rates versus tax breaks. Boehner urges revenue through closing loopholes while Obama demands higher rates for top earners. White House warns tax uncertainty could dampen holiday consumer confidence.
MENTIONED IN THIS ARTICLE
Washington
White House
John Boehner
Ohio
Barack Obama
Boehner
Obama
Jay Carney
Carney
Congress
George W. Bush
Bill Clinton
Congressional
House
Democratic
Senate
Harry Reid
GOP
USS. Chamber of Commerce
Business Roundtable
SEC to appoint Elisse Walter as next chairwoman
The Securities and Exchange Commission will see a change in leadership next month as chairwoman Mary Schapiro steps down after a tenure shaped by the 2008 financial crisis response. Elisse Walter will replace her, bringing a long career alongside Schapiro through the SEC and related regulators. Walter has also served as general counsel of the Commodity Futures Trading Commission during Schapiro's mid-1990s tenure at that agency.
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Securities and Exchange Commission
Mary Schapiro
Elisse Walter
SEC
Schapiro
Walter
Financial Industry Regulatory Authority
Commodity Futures Trading Commission
Markets close lower as Dow slips and futures rise
Monday’s market report shows the Dow Jones Industrial Average down 42.31 points to 12,967.37 while the Nasdaq sits at 993 and the S&P 500 falls 2.86 to 1,406.29. Commodity prices shift with corn at 7.47, soybeans at 14.25, wheat at 8.84, oil at 87.74, gold at 1749.60, silver at 34.14, and platinum at 1611.0.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p
Chicago
Kansas City
New York
Wal-Mart disavows Bangladesh factory over fatal blaze
Wal-Mart said the Tazreen Fashions Ltd factory, where a weekend fire killed at least 112, produced items for the retailer without its knowledge and was no longer authorized. It terminated the supplier and vowed more industrywide fire safety efforts. Protests near Savar called for justice and stricter safety enforcement as workers pressed for accountability.
MENTIONED IN THIS ARTICLE
Dhaka
Bangladesh
Wal-Mart
U.S
Wal- Mart
Tazreen Fashions Ltd
America
Europe
Savar
Tahmina Rahman
Bangladesh Garment Workers Federation
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