The Lookout
  • FINAL LOOK: Mubarak allies on the attack…

    Here's our rundown of stories that evaded the full-on blog treatment today:

    • The Egyptian government appears to have unleashed an organized mob of rowdy provocateurs in an effort to drive protesters from the streets. (The New York Times)

    • Planned Parenthood fired an employee who was caught on tape giving inappropriate advice to a couple posing as a pimp and a prostitute, as part of a sting run by conservative activists. (The Washington Post)

    • The U.S. Army wants to replace the standard rifle that troops around the world have used for almost half a century. (The Wall Street Journal)

    Read More »from FINAL LOOK: Mubarak allies on the attack…
  • Feinberg: The Gulf will fully recover from oil spill by 2012

    ken feinbergIt's been over 20 years since the Exxon Valdez spilled more than 11 million gallons of crude into Alaska's Prince William Sound, and some of the local fisheries still haven't recovered.

    Still, Gulf Coast Claims Facility administrator Ken Feinberg said today that he believes the Gulf Coast's fisheries will recover fully from the 205 gallons of crude the BP spill dumped into the Gulf of Mexico by next year, and he's using that estimate as the basis for the financial settlements he offers claimants whose livelihoods have been affected by the disaster.

    In a conference call with reporters, Feinberg -- no stranger to controversy of late -- announced his plan for paying final settlements. Under his proposal, claimants will receive twice their documented 2010 losses, while oyster harvesters will be offered four times their 2010 losses, since most experts seem to universally agree that oyster fisheries will be the hardest hit. The AP reports that Feinberg based his estimate of the long-term impacts to the Gulf economy advice of a Texas A&M University professor and a consulting firm.

    Read More »from Feinberg: The Gulf will fully recover from oil spill by 2012
  • AP10110209353New Mexican lawmakers are moving to end the state's reputation as a "sanctuary state" for illegal immigrants. On Monday, Governor Susana Martinez issued an executive order to let police ask about the immigration status of people they arrest. On the same day, a lawmaker introduced one of two laws being considered to end the state's policy of giving out drivers licenses without asking for proof of legal residency.

    New Mexico is one of only two states that requires no proof of legal residency (like a Social Security card or a visa) to obtain a driver's license. New Mexico Rep. Andy Nunez, a one-time Democrat who defected from the Party this month, introduced a bill earlier this month to reverse the 2003 law and require everyone to prove they're a legal resident.

    "People have been abusing it," Nunez tells The Lookout. "Some people are bringing carloads of people who are getting...driver's licenses and then they go [back] to the other state where they came from."

    An Associated Press analysis found that immigrant applications for licenses in New Mexico, Utah and Washington surged 60 percent in the weeks following the passage of Arizona's immigration law, suggesting that people may have been coming from out of state seeking valid ID. It's tricky to say how many of those people were not authorized to be in the country, however, because the states group legal immigrants and illegal immigrants' applications together.

    Read More »from New Mexico bill would issue separate driver’s permits to illegal immigrants

Pagination

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  • White House intruder had 800 rounds of ammunition in car: prosecutor
    White House intruder had 800 rounds of ammunition in car: prosecutor

    By Julia Edwards and Roberta Rampton WASHINGTON (Reuters) - A decorated Iraq war veteran who scaled a fence on Friday night and got into the White House had more than 800 rounds of ammunition in his car and had been arrested in July with a sniper rifle and a map on which the executive mansion was marked, a federal prosecutor said on Monday. An internal review of the United States Secret Service will examine how Omar Gonzalez, 42, made it into the White House before being stopped, his previous interactions with the Secret Service, and what must be done to prevent future security breaches. ...

  • Entangled 'Photon Triplets' Could Speed Up Telecommunication
    Entangled 'Photon Triplets' Could Speed Up Telecommunication

    Physicists have entangled three particles of light faster than ever, creating triplets that stay connected no matter how far apart they are from one another. In the bizarre world of quantum mechanics, particles can become entangled so that, even if they are long distances from one another, an action on one will affect the others — a phenomenon that Albert Einstein once called "spooky." In the new study, the researchers were able to record data on so many entangled triplets thanks to a new supersensitive photon detector developed at the National Institute of Standards and Technology (NIST). The new experiment has implications for quantum computers, which use qubits (quantum particles), rather than 1s and 0s, to store information. Because quantum particles can exist in more than one place at once — a phenomenon called superposition — qubits can store more information than the bits in traditional computers.

  • Investing 101: 3 picks with high shareholder yield
    Investing 101: 3 picks with high shareholder yield

    Investing legend Jim O'Shaughnessy reveals his top 3 shareholder yield trades

  • The FBI is watching U.S. nationals who may have joined the Islamic State
    The FBI is watching U.S. nationals who may have joined the Islamic State

    Some of the estimated 100 Americans who have tried to get to Syria and join up with groups like the Islamic State have returned to the United States and are under FBI scrutiny, a top official told reporters on Monday.

  • The next Chipotle? It may be Pizza Hut
    The next Chipotle? It may be Pizza Hut

    KFC and Taco Bell, two of the three main units of Yum Brands, have stepped out of their fast-food comfort zone to try and gain a foothold in the rapidly expanding fast-casual restaurant space. The third one hasn't. That's Plano, Texas-based Pizza Hut, the world's largest pizza chain, with almost 15,000 locations across the globe.

  • Homeowners Tap the Income in Their Homes
    Homeowners Tap the Income in Their Homes

    Home shoppers could buy bigger places than they'd otherwise be able to afford and cover the mortgage using rental income. If you have a room over the garage or other unused real estate, you definitely can turn it into a source of revenue," says Brian Ashcraft, operations director for tax preparer Liberty Tax Service. Have an empty room at home? WSJ CIO Journal deputy editor Steven Rosenbush joins the News Hub with Sara Murray.

  • Pentagon: US, partners begin airstrikes in Syria
    Pentagon: US, partners begin airstrikes in Syria

    WASHINGTON (AP) — The U.S. and five Arab countries launched airstrikes Monday night on Islamic State group targets in Syria, expanding a military campaign into a country whose three-year civil war has given the brutal militant group a safe haven.

  • U.S. SEC to pay $30 million-plus in largest whistleblower award

    By Sarah N. Lynch WASHINGTON (Reuters) - An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to incentivize insiders to report wrongdoing. The Securities and Exchange Commission said on Monday that the whistleblower provided crucial information that helped investigators uncover a "difficult to detect" ongoing fraud. ...

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