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Chesapeake Energy considering spinning off oilfield services unit

Chesapeake Energy, the second-largest U.S. natural-gas producer, said Monday it has notified regulators of a plan to spin off its oilfield-services subsidiary. The wholly owned unit of the struggling energy company, Chesapeake Oilfield Operating (COO), would have an initial public offering on the New York Stock Exchange, according to the…

Olbermann: Sports ushered in a return to normalcy after 9/11

On his eponymous show last night, Keith Olbermann reflected on the value of sports on 9/11. He began by mocking the case of The Tumbledown Trails golf course, which offered a special 9/11 promotion: “18 holes with cart for $9.11! 9/11/13 Only!” He then advocated for the effectiveness of sports…

New York bomb plotter describes Al Qaeda plan

NEW YORK — The convicted bomb-maker in a 2009 plot to cause carnage in New York described Monday how he and an Al-Qaeda handler in Pakistan considered everything from the subway to movie theaters as targets. “We started the conversation on such targets as Walmart, the New York Stock Exchange,…

Police arrest ‘Occupy Wall Street’ protesters in front of New York Stock Exchange

New York police arrested scores of “Occupy Wall Street” protesters outside the New York Stock Exchange on Thursday. At least 177 people were arrested during the morning during a demonstration aimed at shutting down New York’s financial district to mark two months since the movement against corporate greed began. They…

More than 60 arrested as protesters march on Wall Street

In celebration of the two month anniversary of the Occupy movement and in a show of defiance three days after the post-midnight raid of the original encampment, the Occupy Wall Street protesters marched on Wall Street this morning in a big show of support. Occasional violent clashes were reported between…

Watch Live: ‘Occupy’ protesters converge on NY Stock Exchange

‘Occupy Wall Street’ protesters are marching on the New York Stock Exchange to begin a day of civil disobedience. You can watch one of the live streams below. Watch live streaming video from globalrevolution at livestream.com (Image via David Shankbone, Flickr commons)…

Anonymous warns against planned cyber attack on New York Stock Exchange

Websites and Twitter accounts associated with the hacktivist collective “Anonymous” have warned that a planned cyber attack on New York Stock Exchange would be ineffective, hurt the image of the “Occupy Wall Street” movement and likely result in arrests. An “Anonymous” YouTube video began circulating on the Internet Monday that…

Wall Street protests spread nationwide

As anti-corporate demonstrations spread across the United States, the protesters claim they are inspired by the revolutions in the Middle East, but protests over economic grievances in Europe would be a closer comparison. When anti-capitalist activists first unfolded sleeping bags and brandished handmade placards in a small park near Wall Street two weeks ago,…

Geithner consulted with Jon Stewart on economy: US Treasury

If the Rally to Restore Sanity and/or Fear didn’t convince you that Comedy Central’s Jon Stewart has made the leap from comedian to political force, perhaps this will. According to Bloomberg news service, Treasury Secretary Tim Geithner met with Stewart at the Daily Show host’s New York offices in April.…

MSNBC’s Ratigan: Stock market an ‘obviously corrupt’ fraud

On his afternoon show Tuesday, MSNBC host Dylan Ratigan explained why he believes the usual explanations given in the media for why the stock market went up or down on a given day are nonsense. “Seventy percent of the volume [of trades on the stock market] is computers that are…

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