The U.S. Marshal Service has been “unable to locate” two former participants in the federal Witness Security Program “identified as known or suspected terrorists,” states the public summary of an interim Justice Department Inspector General’s report obtained by CNN.
The Marshals have concluded that “one individual was and the other individual was believed to be residing outside of the United States.”
Read the public summary here.
The news comes from an audit of [...]
Turkish F-16 fighter jet which lost contact has crashed in south of country near border with Syria, Turkish media reports -@BBCBreaking
Turkish military says loses communication with fighter jet in southern Turkey
Contact lost with fighter jet close to Syria’s border
The Turkish military says it has lost contact with one of its F16 fighter jets in a city close to the border with Syria. A search and rescue operation is underway in [...]
We remain in the gravitational pull of the Great Recession. The Labor Department reports that 165,000 new jobs were created in April – below the average gains of 183,000 in the previous three months.
We can’t achieve escape velocity. Since mid-2010, the three-month rolling average of job gains hasn’t dipped below 100,000 but has exceeded 250,000 jobs just twice.
This isn’t enough to ease the backlog of at least 3 million (estimates [...]
Former Congressman Ron Paul (R-TX) told Bloomberg TV’s Erik Schatzker and Sara Eisen today that he is ”concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no, I say it is something wrong [...]
“Addtionally, both Yglesias and Yuval Rosenberg at the Fiscal Times write that absent economic activity might just be delayed, as in a storm — extra work to get through on Monday, a Red Sox doubleheader next time the Royals come to town. Bloomberg Businessweek conjectures that a lost day could cost Boston $333 million”
Atlantic City International Airport is being evacuated and planes are grounded for the moment while the bomb squad checks out a suspicious package.
The package was found in a family bathroom on the first floor of the airport, sometime between noon and 1 p.m.
BREAKING: Has The Word ‘Breaking’ Lost All Its Meaning?
Mt. Gox, the world’s largest Bitcoin exchange, has just reopened following a 12-hour trading halt.
The virtual currency is plunging. It reopened at $78, instantly losing 35% of its value from where it was when trading was halted earlier today ($120).
From yesterday’s intraday peak of $266, Bitcoin has now lost 70% of its value.
Read more: http://www.businessinsider.com/mt-gox-reopens-after-bitcoin-trading-halt-2013-4#ixzz2QDJbehDt
Helmut Kohl, Germany’s former chancellor, has admitted that he acted like a “dictator” to bring in the single currency to the country, otherwise he “would have lost” had he held a referendum.
In an interview conducted for a journalist’s PhD thesis, Germany’slongest-serving postwar chancellor said that he would have lost any popular vote on the euro by an overwhelming majority.
“I knew that I could never win a referendum in Germany,” he said. [...]
The oil and gas extraction industry lost 600 payrolls in March, according to the BLS report out this morning.
That ends a 27-straight month period without job losses for the sector.
Total payrolls fell to 192,500 from 193,100.
We shouldn’t necessarily be surprised — oil prices have now entered their second year of a downward trend.
Read more: http://www.businessinsider.com/oil-and-gas-jobs-fall-in-march-2013-4#ixzz2PaxJjzGf
Officials: ‘Code 2’ alert at giant sinkhole — “Elevated subsurface activity” — Access ramp has fallen in
The Office of Conservation, in consultation with Assumption Parish Incident Command, is advising the public that the Oxy 3/sinkhole monitoring alert status has been raised to Code 2 – requiring all work directly in and over the sinkhole to cease until further notice.
Seismic monitoring has detected elevated subsurface activity in the area around the sinkhole and Oxy 3 [...]
Pulitzer Prize-winning tax journalist David Kay Johnston reports IRS tax data since Mr. Obama’s 2009 inauguration shows “change” for 90% of Americans: they lost income. The 1% increased income; taking 81% of gains (the top 1% of the 1% took 39% of this total).
This follows a pattern that between 1980 and 2005, the 1% also took over 80% of all income gains.
Since 1966, inflation-adjusted annual income for the bottom 90% of Americans [...]
Question: I was wondering if you can tell me how if a run on the bankshappens in Cyprus, how that might affect U.S. markets. And also is it possible for the U.S. to levy a tax on regular deposits here? Or why not?
Bernanke: As someone mentioned Cyprus is a tiny economy. I don’t think these issues as worrisome as they are and as concerned as we would be for the Cyprus people, I [...]
Over 3 hours before this post, Fukushima plant lost power. (19:00 of 3/18/2013)
Official TEPCO live footage of Fukushima nuclear reactor complex located at ground zero. As stated on their official website
the video is delivered 30 seconds late.
Three quarters of workers feel they lack confidence, failing to measure up to peers in meetings or talking confidently to colleagues;
· 34% can’t ask for a pay rise, 29% are too timid to ask for a promotion, while 29% admit they withdraw in interviews;
· 40% admit they are too shy to speak out at all in meetings.
Millions of workers believe they have missed out on pay rises or promotions [...]
HREVEPORT, La. (CBS Houston) — Louisiana’s State Health Department forced a homeless shelter to destroy $8,000 worth of deer meat because it was donated from a hunter organization.
KTBS-TV reports that the Shreveport-Bossier Rescue Mission lost 1,600 pounds of venison because the state’s Health Department doesn’t recognize Hunters for the Hungry, an organization that allows hunters to donate any extra game to charity.
“We didn’t find anything wrong with it,” Rev. Henry Martin told [...]
If it seems like it hasn’t been even a year since the latest Atlantic City casino, this one with the surreal ads showcasing Revel Atlantic City, opened up, it is because that is exactly the case. Ten months to be precise. And just as quickly as it came, just as quickly did it file for bankruptcy. Moments ago, the company issued a press release that it would engage in a debt-for-equity [...]
February 15, 2013
Many businesses in America, large, medium and small, are operating on shoestring budgets. As Obamacare began to kick in, hundreds of businesses began laying off staff to offset the increased costs they face under Obamacare. Consequently, thousands of people have lost their jobs, thanks to Obama and his Affordable Care Act.
Hundreds of other businesses, especially many small businesses have had to drop health benefits for their employees as they [...]
From The Reformed Broker:
Noted conservative columnist George Will tackled the Too Big To Fail Forever meme in this Washington Post this week. I confess to having lost interest in the topic and in the latest stats. The war is over, we lost, they won. We’ll pay our penalty the next time they blow and burst a superbubble in financial assets directly over our heads.
But just for the hell of it, [...]
The chart below, from the Economist, takes a look at how long it would take an individual from any given country to become a millionaire based on “how much the main breadwinner in an average household makes each year (before tax).” No major surprises here: the fastest spawning place for a budding millionaire, a term that has long ago lost its one-time cachet thanks to the world’s central banks who have [...]
WEST WINDSOR — West Windsor-Plainsboro High School South and all schools in Plainsboro are on lockdown after police lost sight of a man and woman with hunting rifles who were wandering near Millstone Pond, West Windsor Police Lt. Robert Garofalo said.
Following the governmemt’s Employment Situation Summary yesterday, two words were noticeably absent at the Associated Press (here, here, and here), Bloomberg, Reuters, CNBC, and the New York Times: “seasonally adjusted.”
While they told their readers of the number of jobs supposedly added in total (157,000) and in other sectors, the fact remains that in the real world, before seasonal adjustment, the government told us, as is the case every January, that employment declined steeply. In January 2013, [...]
Pamela Barnett, author of Obama Never Vetted:The Unlawful President and investigative journalist, broke the stories that Obama lost his U.S. citizenship and Obama lied regarding the alleged…
CHICAGO — At least five people were gunned down Saturday in Chicago, including a 34-year-old man whose mother had already lost her three other children to shootings.
Ronnie Chambers, who was his mother Shirley’s youngest child, was shot in the head while sitting in a parked car on the city’s West Side. A 21-year-old man who was also in the car was wounded, police said.
Shirley Chambers, whose two other sons and [...]
A man missing for 27 years has finally been located, according to police reports.
The remains of Joseph Schexnider, lost for 27 years, were finally discovered lodged in a brick chimney in the Abbeville National Bank in Louisiana.
The bones were found in May, when the bank was making renovations on the second floor, which had been long used for storage, to make more office space.
“This was absolutely the first chimney recovery [...]
Washington — The nation’s unions lost 400,000 members in 2012 as the percentage of U.S. workers represented by a labor union fell to 11.3 percent, its lowest level since the 1930s – declining by 0.5 percent over the last year.
Michigan accounted for about 10 percent of the nation’s loss of unionized workers as the Wolverine State fell to the seventh most-unionized state, from fifth in 2011.
The Bureau of Labor Statistics said [...]
The missing word in the election debate is competitiveness. Italy’s economy has lost competitiveness over the past decade or so. Internal labour costs have grown at a faster pace than productivity, and faster than in most of the rest of the world. Since the creation of the euro, Italy’s unit labour costs have risen by about 30 per cent more than the currency area average. Read more
Thousands of Hydro-Québec customers lose power
The Gazette January 10, 2013 8:28 PM
MONTREAL – More than 85,000 Hydro-Québec customers across the province lost power between 4 and 5 p.m. Thursday afternoon due to an unexplained incident on the transmission network near the De la Verendrye power station in the Laurentians.
Andrea Hernandez said the ID was the ‘Mark of the Beast’ by citing Bible verse and brought suit after being suspended
Federal judge ruled school can force her to wear badge as long as the GPS tracker is removed
The high school student who was suspended after she refused to wear a student ID card implanted with a GPS chip because it is against her religious beliefs has lost her legal battle.
Appearing on CNBC on Friday, President Barack Obama’s Labor Secretary Hilda Solis said “millions of jobs” were saved when Congress extended unemployment benefits in the “fiscal cliff” deal.
“What I think about is those two million people that would have lost their unemployment insurance. Because think about it, all that money that goes out in terms of what is being spent by that unemployment check, helps to generate $2 back into [...]
One of the reasons Apple’s stock has gotten clobbered lately is that many people think Apple has lost its edge in its most important product line: smartphones.
The iPhone has been such a mind-boggling success that it drives more than half of Apple’s overall profit. And for most of the past five years, Apple has had a lock on the “best smartphone in the market.”
In recent years, however, competitors have caught up with the iPhone. Some reviewers [...]