A leading Republican complaint during the partial government shutdown was that President Barack Obama had delayed implementation of the Affordable Care Act for businesses but not individuals. Many party strategists argued that its protest should have been focused on delaying rather than defunding the law.
Scottish Investment Trust Plc, an Edinburgh-based fund that has endured at least six stock market collapses since it started in 1887, is keeping more than 150 million pounds ($236 million) in cash in anticipation that prices will sink over the next year.
Louisiana Treasurer John Kennedy said “chuckleheads” on the Deepwater Horizon drilling rig caused the explosion and oil spill, and said the isolated incident shouldn’t delay resuming Gulf of Mexico exploration.
Presidential debates have produced some of the most memorable moments of modern campaigns: A tanned and relaxed John Kennedy meeting a sweaty and pasty Richard Nixon in 1960. Gerald Ford denying Soviet domination of Eastern Europe in 1976. Al Gore sighing and rolling his eyes in 2000.
In a famous speech 52 years ago, presidential candidate John F. Kennedy said he believed that “the separation of church and state is absolute,” and promised that as a Roman Catholic, he would not take orders from the pope.
BP Plc , whose potential liability for the Gulf of Mexico oil spill has lawmakers and analysts raising the specter of bankruptcy, would be unlikely to avoid paying claims by seeking court protection, Bloomberg News’ Margaret Cronin Fisk and Linda Sandler reported after speaking with restructuring experts.
New Orleans, the Louisiana city rebuilding after Hurricane Katrina collapsed its levees, extended maturities of about $15.5 million in debt to March 2013 through a loan from JPMorgan Chase & Co. to avoid additional budget cuts.