Obama calls for end to oil addiction with clean energy plan
President Obama used a Carnegie Mellon address amid the Gulf spill to press Congress to roll back oil subsidies and push a clean energy bill. He argued rolling back tax breaks aids national security and the economy, pledging to mobilize support in coming months. He linked deepwater drilling risks to continued fossil-fuel dependence and criticized Republicans for blocking energy innovation and tax reforms.
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Pittsburgh
Barack Obama
Congress
Obama
Senate
Carnegie Mellon University
Gulf of Mexico
Gulf
U.S
GOP
Buffett says rating agencies missed warnings on housing crisis
War ren Buffett defended rating agencies before a congressionally chartered panel saying they were among many who misread the housing bubble. He admitted personal failure to foresee collapse and noted Moody’s as his firm’s largest stake as he testified with Moody’s CEO Raymond McDaniel before FCIC on ratings conflicts and potential reforms.
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New York
Warren Buffett
Buffett
Moody’s Corp
Moody’s
Financial Crisis Inquiry Commission
Raymond McDaniel
FCIC
Congress
May car sales rise as Ford GM and Chrysler lead gains
U S automakers report double digit sales gains in May led by Ford General Motors and Chrysler as favorable weather stable gas prices and improving credit lift demand. Toyota posts only 7 percent rise suggesting incentives may be fading while Lexus up 31 percent. Memorial Day weekend boosts May totals.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Toyota
Ford Motor Co
Ford
General Motors Co
Chrysler Group LLC
Chrysler
Toyota Motor Co
May
Paul Taylor
National Automobile Dealers Association
AT&T ends unlimited data for new smartphone plans
AT&T will stop offering unlimited data to new smartphone and iPad customers and raise bills for heavy users while easing charges for light users. Current subscribers retain $30 unlimited plans, and the change aims to ease network congestion ahead of Apple’s upcoming iPhone unveiling. Analysts expect other carriers to follow.
MENTIONED IN THIS ARTICLE
New York
At&t
Apple
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Associated Press
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Tom Krisher
Dan Strump
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Diebold
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Amex
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Stock Exchange
Nyse Amex NaspAaq
Ware
Gerdaug
Jingwei
Chinaphh
Calavo
Hallibrun
GenMoly
Broadwind
CobaldEnn
Ziono&g
Chemspec
Barnwell
DirLatBear
GpoRadio
Sdgo Pfa
Lannett
Ammana Sptchalb
Intel
BP PLC
LibertyAcq
Cisco
Fordm
Kodiako'g
Micront
Spdr Fnc
Taseko
Tellabs
SprintNex
RadientPh
Cell Inc
GenElec
GranTrrag
Oracle
Dirfbear
Grtbasg G
Amgen
Alcoa NY
Lowes NY
Agreet NY
BP PLC NY
McDnids
BkofAm NY
Micront Nasd
Barvixsht NY
Microsoft Nasd
Bobson Nasd
NiSource NY
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Nordson Nasd
Oracle Nasd
PNC NY
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Dell Inc
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PwShs
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ExxonMbl
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FifthThird
S&p500etfny
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LNB Bnep Nasd
Wendy Arby
Sweet Crude
NYMX
New York Mercantile Exchange
CME
Chicago Board of Trade
Chicago Mercantile Exchange
NYBT
New York Board of Trade Sugar (World
Mutua Funds
Init
Init American Funds
Bala m MA
Bonda m Cl
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Cpwidgrla Mws
Eurpacgra Mfb
Fninva m LB
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Incamera m MA
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New Persoa m
Wamutinvam
Dodge & Cox IntlStk
Dodge & Cox Stock
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Frank Temp-Franklin Income Am
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Vanguard
Wellin MA
Morningstar
Doe
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