Top News
Charles Rangel careens toward House trial; Democrats keen to avoid it Charles Rangel careens toward House trial; Democrats keen to avoid it

A hearing by House ethics investigators is expected to convene Thursday for Democratic Rep. Charles Rangel. In an election season, corruption allegations can be toxic for the party in power.

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Brady takes strong lead over Quinn in Illinois Gubernatorial race

Republican State Senator Bill Brady Has opened up a 7-point lead over embattled Governor Pat Quinn in Illinois' gubernatorial race, according to a recent Rasmussen poll.

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India's strategy of suppression in Kashmir could backfire

India has imposed a curfew on Kashmir and squashed nonviolent rallies. Now a cycle of retaliation between rock-throwing boys and gun-wielding security forces has set in.

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Oil prices rose on top of spike in U.S. stocks

Thursday morning the price of west texas crude oil rose more than 1.3% to top $78 per barrel despite a spike in U.S. stocks as reported Wednesday morning by the EIA.

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INSIDE BUSINESS

ExxonMobil (XOM) doubles second quarter earnings

Major oil and gas companies ExxonMobile (XOM), Royal Dutch Shell (RDS-B) and BP PLC (BP) weigh in with second quarter earnings results Thursday with XOM the clear leader as both Shell and BP face mounting losses from their troubled Gulf of Mexico oil production units.

Florida wastewater company continues with expansion plans through key acquisition

After announcing the acquisition of one of Florida's largest wastewater treatment companies last week, Orlando-based Freedom Environmental Services, Inc. (Otc: FRDM) has acquired yet another waste water specialty business, upping annualized sales 15% in the process.

Beige Book reveals economy on choppy course for growth

The Fed's Beige Book report revealed choppy growth is expected for some areas of the U.S. economy, though the overall outlook only confirmed to investors just how slow growth in the U.S. economy would be.

ENTERTAINMENT TODAY

Republic Pictures turns 75. Anniversary celebration planned.

Home to many of the early John Wayne Westerns, Republic Studios will be celebrating its 75th anniversary in late September with local festivities planned around the event.

Obama on 'The View': ratings blockbuster or presidential epitaph?

Daytime talk show has political observers split over whether Obama on 'The View' will help or hurt his image.

Jewish watchdog group slams director Oliver Stone for anti-Semitic remarks

The Simon Wiesenthal Center in New York, one of the largest international Jewish human rights organizations in the world, slammed director Oliver Stone over anti-Semitic remarks made in a London Sunday Times article in which Stone called the Holocaust over-rated by the media because so many Jews controlled the press.

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