Michelle obama

Incoming BP CEO not downplaying challenges
NEW ORLEANS - The American who will take over as head of British oil giant BP says he's not underestimating the nature and complexity of what the company must do to restore its reputation and financial strength after the massive Gulf spill.
BP replaces CEO Hayward, reports $17 billion loss
NEW ORLEANS - The American picked to lead oil giant BP as it struggles to restore its finances and oil spill-stained reputation pledged Tuesday that his company will remain committed to the Gulf region even after the busted well is sealed.
SEC to take public comment before adopting rules
WASHINGTON - The head of the Securities and Exchange Commission said Tuesday that the agency will seek input from businesses and the public before proposing new rules to oversee Wall Street and financial companies.
Outrage remains after CA council votes to cut pay
BELL, Calif. - The City Council in this tiny blue-collar Los Angeles suburb voted to slash its bloated salaries, but some residents suggested nothing short of a totally cleaned house would appease their anger.
Poll: A few cracks in Obama's Hispanic support
WASHINGTON - President Barack Obama's once solid support among Hispanics is showing a few cracks, a troubling sign for Democrats desperate to get this critical constituency excited about helping the party hold onto Congress this fall.
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