16 Jul 2010
Page 1
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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 16, 2010
Page
1
BP reports no oil flow into the Gulf for the first time since the Deepwater Horizon disaster after capping the well with a 75 ton device.Officials warn the measure is temporary and the spill could resume, as Obama calls it a positive sign.
Elyrians rally behind a proposed city income tax increase to 2 percent to fund the police department. Police Chief Duane Whitely cites needs in manpower training and equipment amid a current budget gap of about 9.8 million. Campaign volunteers plan phone calls canvassing yard signs and literature to reach the November 2 vote.
Country star Alan Jackson headlined a three act show at All Pro Freight Stadium to benefit the Boys & Girls Club of Lorain County drawing about 7,000 fans. Club officials did not have a final fundraising total.
The Senate approved the sweeping financial reform bill by a 60 to 39 vote, sending it to President Obama. It creates a new consumer protection agency, grants authority to break up failing firms, expands oversight, and tightens lending and trading rules amid the Lehman collapse fallout. Goldman Sachs agreed to a record 550 million settlement the same day.
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