Report: Chemical leak reported week before public was warned
DALLAS (AP) — A chemical leak from an asphalt plant that led Corpus Christi officials to warn its 300,000 residents not to drink the water this week was apparently reported a week earlier, according to an email from a state environmental official.The internal email sent Wednesday by Susan Clewis, a regional director for the Texas Commission on Environmental Quality, contained an incident report that described the leak as a "backflow incident from a chemical tank impacting the public water syste..>> view originalVenezuela's crazy currency swap looks like alchemy, not economics
People line up to withdraw cash from an automated teller machine outside a Banco de Venezuela branch in Caracas on Dec. 12. (Marco Bello/Reuters) CARACAS, Venezuela — President Nicolás Maduro appears to have accomplished something this week that no one, and certainly no economist, would have thought possible. He has created a huge demand for the country’s long-slumping national currency, the bolívar. In a matter of days, the country with the world’s highest inflation rate, whose citizens wer..>> view originalYELLEN: It's too soon to tell how Trump will influence the Fed
Federal Reserve Board Chair Janet Yellen. Alex Brandon/AP Federal Reserve Board Chair Janet Yellen's press conference after Wednesday's interest rate hike was packed with questions about the future under President-elect Donald Trump. On the campaign trail, Trump was critical of Yellen and her monetary policy approach. He had said she kept interest rates low as a political favor to President Barack Obama. Many questions from reporters were about how Trump's fiscal ..>> view originalA Charity Auction for Coffee With Ivanka Trump Appears to Be Canceled
The auction for a chance to spend up to 45 minutes with Ms. Trump over coffee at either Trump Tower in New York or the recently opened Trump International Hotel in Washington was to continue for another three days. As of Friday morning, the high bid was $72,888. Got a confidential news tip? The New York Times would like to hear from readers who want to share messages and materials with our journalists. But then the auction disappeared from the Char..>> view originalDon't be fooled: Mylan's 'bargain' price for its generic EpiPen conceals a massive price hike
Mylan, which showered itself in infamy by jacking up the price of its EpiPen, a potentially life-saving epinephrine injector, by 500% over less than a decade, announced Friday that it is finally bringing out a promised generic version of the device for $300 per two-pack. That compares with more than $600 for the branded package.Some news reports described this as “a more than 50% discount.” That’s incredibly misleading, which is exactly what Mylan hoped. In fact, the device will still cost thre..>> view originalRedstone to Leave Viacom Board -- WSJ
Shutterstock photo By Keach Hagey and Imani Moise Sumner Redstone will step down from the Viacom Inc. board of directors in February, the company said Friday, though he will retain his chairman emeritus title. Mr. Redstone, who is 93 years old and in poor health, controls Viacom and CBS Corp. through a roughly 80% voting stake in each. Earlier this year, he gave up his executive chairman role on the boards of both companies, taking the title of chairman emeritus but keeping his ..>> view originalHarlem Deer Caught in City-State Tussle Has Died
The buck had spent two weeks attracting adoring, snack-proffering crowds at Jackie Robinson Park, where he often was seen near a chain-link fence across the street from a bodega. How he traveled to a park in the middle of a crowded Manhattan neighborhood remains unclear. Around 4 a.m. Thursday, the buck jumped a fence into the courtyard of the Polo Grounds Towers, a public housing complex north of the park. The police were called, and they tranquilized and captured him, calling him a danger to..>> view originalBP strikes $2.2 billion deal for fields in UAE
LONDON-- BP has traded a 2% stake in the company for a 10% interest in one of the last big oil concessions available in the Middle East, the company said Saturday, ending a yearslong standoff over the terms to gain access to the license in the United Arab Emirates. The all share deal, worth roughly GBP1.8 billion ($2.2 billion), gives BP access to onshore oil fields containing 20-30 billion barrels of oil equivalent over the 40-year term of the contract. It will provide BP with 165,000 barrels ..>> view originalYahoo discloses biggest breach in history (for a second time) video - CNET
Repealing the ACA means tax cuts for high-income households, raised taxes for others
Repealing the Affordable Care Act would cut taxes significantly for the highest income one percent of US households, according to a new Tax Policy Center analysis. At the same time, it would raise taxes on average for low- and moderate-income households.The ACA includes several different tax provisions. On one side of the ledger is the large refundable tax credit that subsidizes insurance premiums for many people who buy coverage on the ACA’s health exchange. On the other side: tax increases de..>> view original
Tuesday, December 27, 2016
Report: Chemical leak reported week before public was warned and other top stories.
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