Japan struggles with nuclear meltdown threat

Japan struggles with nuclear meltdown threat

Japanese officials were struggling Sunday with a growing nuclear crisis and the threat of multiple meltdowns, as more than 170,000 people were evacuated from the quake- and tsunami-savaged northeastern coast where police fear more than 10,000 people may have already died. A partial meltdown was already likely under way at one nuclear reactor, a top […]

Tsunami surge devastates struggling California town

Tsunami surge devastates struggling California town

Harbor crews are assessing the damage caused by powerful tsunami surges that pounded this northern California port of Cresent City, sinking or damaging dozens of boats and wreaking havoc on port facilities. “This harbor is the lifeblood of our community,” Del Norte County Sheriff Dean Wilson said as he scanned the wreckage from waves touched […]

Carnival cruise line hit by rising fuel prices

Carnival cruise line hit by rising fuel prices

Cruise operator Carnival Corp. cut its full-year earnings outlook Friday because of rising fuel prices and itinerary changes in the Middle East and North Africa. Carnival also said Friday that its first-quarter earnings will come in at 19 cents per share. Analysts surveyed by FactSet were expecting for earnings of 20 cents per share. Carnival’s […]

Obama, McConnell agree & disagree on budget cuts

Obama, McConnell agree & disagree on budget cuts

President Barack Obama and the Senate’s top Republican both declared on Friday they want to take on the huge entitlement programs driving America’s long-term deficits — but their lines of attack differed sharply and that could lead to a showdown over government borrowing. Senate Republican Leader Mitch McConnell warned that GOP senators would not vote […]

Obama’s profile problem

Obama’s profile problem

Call it an above-the-fray strategy. On hot issues that Democrats and Republicans have found cause to fret about — from spending reductions to state labor disputes — President Barack Obama is keeping a low profile. Democrats like Sen. Joe Manchin of West Virginia want him more publicly engaged in budget negotiations in Congress while others […]

Obama breaks promise on White House transparency

Obama breaks promise on White House transparency

President Barack Obama once promised that negotiations over his health care overhaul would be carried out openly, in front of TV cameras and microphones. Tell that to the White House now. Republican congressional investigators got the brush-off this week after pressing for details of meetings between White House officials and interest groups, including drug companies […]

Wisconsin Governor signs union-busting bill into law

Wisconsin Governor signs union-busting bill into law

Wisconsin Gov. Scott Walker on Friday signed into law the proposal that eliminates most union rights for public employees, quietly concluding a debate that provoked three weeks of loud, relentless protests at the Capitol. Walker, the 43-year-old son of a preacher who has swiftly become one of the most polarizing politicians in the country, signed […]

Meltdown feared after explosion at Japan nuke power plant

Meltdown feared after explosion at Japan nuke power plant

An explosion at a Japanese nuclear power station Saturday destroyed a building housing the reactor amid fears that it was close to a disastrous meltdown after being hit by a powerful earthquake and tsunami. Friday’s double disaster, which pulverized Japan‘s northeastern coast, has left 574 people dead by official count, although local media reports said […]

Obama ‘heartbroken’ by devastation in Japan

Obama ‘heartbroken’ by devastation in Japan

President Barack Obama said he was “heartbroken” by images of devastation in Japan following Friday’s deadly earthquake and tsunami, and pledged U.S. assistance to help the country recover. “Our hearts go out to our friends in Japan and across the region, and we’re going to stand with them as they recover and rebuild from this […]