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BP cut corners, cost on doomed ‘nightmare well’

BP cut corners, cost on doomed ‘nightmare well’

BP took measures to cut costs in the weeks before the catastrophic blowout in the Gulf of Mexico as it dealt with one problem after another, prompting a BP engineer to describe the doomed rig as a “nightmare well,” according to internal documents released Monday. The comment by BP engineer Brian Morel came in an […]

BP execs face grilling on Capitol Hill

BP execs face grilling on Capitol Hill

BP Plc’s U.S. chief faces accusations in Congress on Tuesday that the energy giant caused the worst oil spill in U.S. history with a calculated strategy to cut costs, hours before President Barack Obama uses a televised address to defend his handling of the disaster. A day after BP shares fell 9 percent in London […]

Rand Paul goes after the gun vote

Rand Paul goes after the gun vote

Republican U.S. Senate candidate Rand Paul reached out to gun advocates on Saturday, trying to shore up support from a major voting bloc in Kentucky also being courted by his Democratic opponent. The Bowling Green eye doctor whose campaign Web site sports footage of him blasting away with an automatic rifle signed autographs and glad-handed […]

Financial reform: The lobbyists move in

Financial reform: The lobbyists move in

Congress’ final tinkering with Wall Street overhaul this month offers lobbyists a last-ditch shot to reshape the package on behalf of clients with billions at stake. Even as the legislation gets tougher on banks by the week, agents of influence are hardly strangers on Capitol Hill. Many once worked for the lawmakers they’re lobbying. Rep. […]

‘None of the above’ gaining ground on Harry Reid

‘None of the above’ gaining ground on Harry Reid

Harry Reid faces one wild-card factor in November’s election: None of the above. Nearly 11 percent of voters in Nevada’s Democratic primary last week chose “none” over Reid, reflecting a sense of frustration within his own party over the Senate majority leader’s performance. The 12,335 Democrats who voted for “none of these candidates” — a […]

Obama, GOP in pissing contest over Medicare pay for docs

Obama, GOP in pissing contest over Medicare pay for docs

President Barack Obama is asking Republican lawmakers to approve billions of dollars in new spending to avert a scheduled 21 percent cut in payments to doctors who treat Medicare patients. If GOP senators don’t allow the stalled proposal to pass, some doctors will stop treating Medicare recipients, Obama said in his weekly radio and Internet […]

Obama may strike out on health benefits extension

Obama may strike out on health benefits extension

If Chuck Lacasse had gotten his pink slip four days earlier, Uncle Sam would have covered most of his family’s health insurance while he looked for a new job. But Congress allowed emergency health care assistance for unemployed workers to expire May 31, and seems unwilling to renew it despite pleas from President Barack Obama. […]

Tea Party becomes Harry Reid’s new best friend

Tea Party becomes Harry Reid’s new best friend

The Tea Party and its extreme right-wing Nevada Senate candidate Sharron Angle are Senate Majority Leader Harry Reid’s new best friends. Before Tuesday’s Senate primary in Nevada, most political oddsmakers considered Reid a goner. Now he’s got new life, thanks to the nomination of Angle, a fringe Tea Party poster child who thinks water flouridation […]