In Southampton on Saturday night, Martin Gruss, senior partner at Gruss Investments LLC, and Wilbur Ross, chairman of WL Ross & Co., attended the Southampton Hospital Gala, which raised $1.7 million, according to a statement from the hospital.
Aug. 1 (Bloomberg) -- U.S. Army Sergeant John Russell was six weeks from the end of his fifth combat-zone tour when he entered the back door of the Camp Liberty Combat Stress Clinic in Iraq and killed five fellow service members. The May 11, 2009, killings were the deadliest case of soldier-on-soldier violence in the war zone and signaled the emergence of mental health as a casualty of long tours, frequent deployments and combat. Bloomberg's Elliot Blair Smith reports. (Source: Bloomberg)
The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble.
Every month over the past two years, Chief Executive Officer Ralph Izzo of the utility Public Service Enterprise Group Inc. traveled to Washington from Newark, New Jersey, to meet with more than 50 senators and advocate for climate-change legislation. His efforts may have been in vain.
Senate Democrats’ decision to scale back energy legislation disappointed environmentalists, some utilities and the Obama administration, which took office promising to steer the U.S. economy away from fossil fuels.