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GOP aims to slash $1.6 billion in EPA funding

WASHINGTON – House Republicans on the appropriations committee released a plan Thursday that would eliminate $1.6 billion from the Environmental Protection Agency’s budget. The news, as first noted by Kate Sheppard of Mother Jones, is part of a broader GOP assault on the EPA as the Obama administration seeks to…

New jobless claims tumble to 2-year low

WASHINGTON – The number of new claims for US unemployment insurance tumbled last week to a two-year low, according to official data Thursday, offering hope for the troubled labor market. The Labor Department said initial jobless claims fell to a seasonally adjusted 383,000 in the week ending February 5, down…

Report: Wal-Mart actually kills jobs, creates taxpayer burdens

NEW YORK – Wal-Mart’s lengthy struggle to open in New York City has hit fresh problems — a controversial report that said America’s biggest discounter does not just sell cheap, it makes neighborhoods poorer. The report concludes that Wal-Mart, the biggest U.S. private employer, kills jobs rather than creates them,…

US trade chief urges Europe to open market to GM foods

BRUSSELS – A top US trade official said she will bang down the door of the European Commission Thursday in a bid to break a long-standing impasse blocking the march of genetically-modified foods. “When Europeans come to the United States, they come and enjoy our cuisine without any fears,” Deputy…

Medicare chief says health law working

WASHINGTON – President Barack Obama’s chief of health programs for the elderly and poor on Thursday said the year-old US healthcare overhaul was helping millions of Americans and called a push by congressional Republicans to repeal the law unfortunate. Medicare and Medicaid services administrator Donald Berwick, appearing before a congressional…

Chinese hackers ‘targetting oil companies’: McAfee

WASHINGTON — Hackers from China have attacked computer networks of global oil companies in a targeted campaign aimed at stealing confidential information, US computer security firm McAfee said Thursday. “Starting in November 2009, coordinated covert and targeted cyberattacks have been conducted against global oil, energy, and petrochemical companies,” McAfee said…

Exclusive: 2 million mentally ill people missing from national gun check system

The issue of gun control leapt back into the national discourse in the wake of January’s Tucson massacre. But one of the most shocking gaps in the effort to prevent people prohibited by law from purchasing firearms continues to fly beneath the radar. Records of at least two million dangerously…

Energy agency warns of danger from high oil prices

PARIS – The global recovery will drive oil prices dangerously higher this year, possibly to the level where they could push the economy into a marked slowdown, the IEA warned Thursday. The prospect of rising inflation, driven by oil and other higher commodity prices, coupled with political instability in the…

Anti-stimulus Republican Allen West endorses stimulus-funded projects

WASHINGTON – Freshman Rep. Allen West (R-FL), who won his House seat partly by bashing the stimulus and government spending, this week hailed stimulus-funded projects for creating jobs and boosting economic growth. “It’s time for incumbent Ron Klein to admit his ideas just don’t work. The stimulus failed to produce…

Update: Palantir apologizes for proposal to attack WikiLeaks

The data intelligence firm Palantir Technologies apologized Thursday for its involvement in developing a proposal to Bank of America to attack secrets outlet WikiLeaks. Two other data intelligence firms, HBGary Federal and Berico Technologies, helped to concoct a plan for a coordinated cyber assault against the website. “I have directed…

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