UNITED STATES

Texting While Driving Rises 50 Percent: NHTSA

Texting while driving
From the 2010 study, activity of people surfing the Internet, sending text messages and other mobile communication activities increased in the most recent survey to 0.9 percent of all drivers, up from 0.6 percent the previous year.

Two dead in Virginia Tech shooting

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A gunman killed a police officer and another person on Thursday at Virginia Tech University, the site of one of the worst shooting rampages in U.S. history, school officials said.
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SEC closes Fairfax investigation on hedge funds: sources

U.S. securities regulators are closing a long-running investigation into allegations that two well-known hedge funds conspired to spread negative information about Toronto insurer Fairfax Financial, two people familiar with the inquiry said.
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Distracted driving major problem

Most U.S. motorists surveyed acknowledged few situations in which they would not use a cell phone or text while behind the wheel although they support measures to curb both practices, data released on Thursday by the Transportation Department showed.
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SEC closes Fairfax probe on hedge funds: sources

U.S. securities regulators are closing a long-running investigation into allegations that two well-known hedge funds conspired to spread negative information about Toronto insurer Fairfax Financial, two people familiar with the inquiry said.
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Virginia Tech Shooting: State Police Take Over, 2007 Connection Unlikely

The Virginia Tech shootings, which have claimed two lives so far, comes the same week that families who lost loved ones in the 2007 massacre moved to prosecute the school for its slow response time to Seung-Hui Cho's shooting spree four and a half years ago. As State Police search for the shooter, rumors that the two cases are linked remain unsubstantiated.
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Wall St led lower by banks as market doubts ECB

Wall Street fell on Thursday, dragged down by financial stocks, after the European Central Bank tempered hopes that policymakers were readying a financial bazooka to contain the debt crisis.
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Obamacare Gets Praise from Former Critic, but Not All Are Convinced

Barack Obama was arguably the most popular presidential candidate in recent memory. After he took office and rolled out Obamacare, however, he became one of the most vilified presidents. Spike Dolomite Ward was one of those who turned on Obama and slammed Obamacare.
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Obama says EU is wealthy enough to solve crisis

U.S. President Barack Obama said on Thursday he was very concerned about the euro zone crisis and believed the European Union had the resources to solve it if leaders could find the political will.
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Companies Sit on $2.12 Trillion in Cash in Third Quarter

U.S. companies sat on their largest pile of cash on record during the third quarter, providing a substantial buffer against any blow that might come from Europe's debt crisis, data from the Federal Reserve showed on Thursday.
Steven Kamin

U.S. Federal Reserve Appoints New Head of International Finance Division

The Federal Reserve Board on Thursday announced that Steven Kamin will take over the helm at its International Finance Division, which supports the Federal Open Market Committee by providing information and analysis pertaining to economic and financial developments in foreign countries and the performance of the U.S. external sector.
U.S. dollar bank notes are seen in a bank in Budapest

U.S. Firms Build Cash Buffer to European Crisis in Q3

U.S. companies sat on their largest pile of cash on record during the third quarter, providing a substantial buffer against any blow that might come from Europe's debt crisis, data from the Federal Reserve showed on Thursday.
occupy

Occupy Wall Street Turns to Foreclosure, Eviction Defense

As the country continues to grapple with the devastating aftermath of the housing market's collapse, acts of civil disobedience centering on foreclosures and evictions represent a powerful tactic for the Occupy Wall Street movement.

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