Experts: Oil prices seen staying low post election

by DeJonique Garrison & Hayat Norimine | Nov 8, 2012 | Business & Tech

WASHINGTON — Oil futures climbed Thursday from the biggest drop of the year, but experts remain pessimistic longer term about the energy outlook. Oil futures increased as much as 1.5% after crude oil plunged $4.27, or 4.8%, on Wednesday — the biggest slide...

Gunny battles cancer, ready for marathon

by DeJonique Garrison & Hayat Norimine | Nov 1, 2012 | Science + Technology, Sports

Gunnery Sgt. Jerry Embry and his nurse, Agnes Sicat, know what it’s like to face hurdles. In 2011, Embry, a motor transport mechanic and 22-year Marine, was diagnosed with a form of blood cancer known as Non- Hodgkin’s Lymphoma. Since his diagnoses, Sicat, a nurse at...

Dodd-Frank reform needs its own reformation, says Democratic senator

by DeJonique Garrison & Hayat Norimine | Oct 18, 2012 | Business & Tech

WASHINGTON – Democratic Sen. Mark Warner of Virginia on Thursday urged Congress to fix the Dodd-Frank Wall Street reform law, but dismissed Republicans’ repeal on the law. There’s “much to be done” in the financial regulatory system particularly “around...

Election will determine fiscal cliff solution, say lawmakers

by DeJonique Garrison & Hayat Norimine | Oct 16, 2012 | Business & Tech

WASHINGTON – Though Democrats and Republicans remain far apart on how to solve the fiscal cliff, lawmakers from both parties said Tuesday the results of the fall elections will determine the direction the solution takes. Democratic Rep. Allyson Schwartz of...

Summers urges extension of temporary tax cut

by DeJonique Garrison & Hayat Norimine | Oct 11, 2012 | Business & Tech

WASHINGTON – President Barack Obama’s payroll tax cut should be extended to restore economic growth, a top economist and White House insider said on Thursday. The government needs to support employers in hiring workers and employees in taking jobs to restore the...