Daily Archive: August 2, 2013

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    Detroit’s Second Bankrupcty Hearing

    On Friday, Judge Steven Rhodes will attempt to establish an aggressive time frame of hearings and deadlines for Detroit Bankruptcy case. Some other items on Judge Rhodes agenda include:• The status of Detroit’s negotiations with creditors.• Detroit’s request for the approval of an agreement that would allow the city to capture a larger portion of c…

    Unemployment Rate Drops To Lowest Number In 4 Years At 7.4 Percent

    NEW YORK – Stock futures were mixed Friday, after the United States reported that the unemployment rate dropped to 7.4 percent in July, the lowest level in more than four years. RELATED:Expert: Black Unemployment Compounded By White Favoritism During Hiring The total number of jobs created, however, was short of most projections by economists, and …

    Obama Drones

    Surveillance Critics Face Obama In Oval Office

    WASHINGTON (AP) — Struggling to salvage a massive surveillance program, President Barack Obama faced congressional critics of the National Security Agency’s collection of Americans’ telephone records Thursday as snowballing concerns made new limitations on the intelligence effort appear increasingly likely. SEE ALSO: Obama and Vice President Joe …

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    Castro Sentenced To Life Plus 1,000 Years In Prison

    CLEVELAND — Ariel Castro, the man convicted of holding three women captive in a house he turned into a prison and raping them repeatedly for a decade was sentenced Thursday to life without parole plus 1,000 years. Castro, 53, apologized to his victims in a rambling, …