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  via:eurweb President Barack Obama canceled a family trip to Williamsburg, Va., planned for this weekend so he can remain at the White House to try to reach a budget deal. “The president will remain in Washington, D.C. this weekend as he continues to work with congressional leaders to reach an agreement on the budget,” […]

Federal authorities have given BP 72 hours to come up with sound contingency plans for the collection of gushing oil in the event of an operational failure or severe weather.

Via THEWEEKLYDRIVER.com: After nearly a year of major recalls, odd terminology, a congressional hearing and possible hoaxes, Toyota Motor Corp., has arguably received the most difficult jolt of its current crisis. The Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) is seeking the maximum civil fine of $16.4 million against the Japanese automaker. According […]

WASHINGTON — President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs.