Court lets costs guide fish protection upgrades
The Supreme Court ruled 6 3 that government cost benefit analysis may determine environmental upgrades for cooling power plants to protect fish. Justice Scalia wrote the opinion delivering a victory for the power industry and Bush administration allies who favor cost effectiveness in environmental policy. The decision upholds weighing costs against benefits over expanding plant requirements.
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Ten Dollar Paycheck Boost For Workers
The Associated Press reports that many workers will receive about a $10 weekly increase as part of the February enacted economic recovery package. The payment arrives through payroll checks rather than mailed rebates, marking a Main Street approach to stimulus this year.
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Economic plan aims to spread wage increases through year
The proposal seeks to distribute a 55 percent wage rise across the year to boost worker spending and spur economic recovery. It argues the gradual rise will help avoid inflation while lifting demand.
Obama and Brown pledge global deal to curb recession
President Obama and British Prime Minister Gordon Brown signalled a strong push for a worldwide pact to fight the global recession. They backed a coordinated strategy including a potential 100 billion dollar fund to back trade, tighter financial rules, and a plan to boost IMF resources to about 500 billion dollars for emerging economies.
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Feds seek to overturn Ted Stevens corruption conviction
The Justice Department asked a judge to throw out former Senator Ted Stevens' corruption conviction after undisclosed witness interview notes surfaced. The case cost Stevens his Alaska Senate seat. he lamented the cloud over his name as Alaskans voted narrowly to replace him.
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Conficker worm grows bolder but shows limited impact
In New York security experts say Conficker infected 3 to 12 million PCs but acts mainly by contacting its command botnet. Analysts expect future criminal use yet see no mass malicious activity as April Fool hoaxes spread online alongside.
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