This sprawling metropolis is built atop one of the richest oil basins
in the world. Wells dot the city landscape, some hidden behind hollow
building facades much like a Hollywood movie set, or, in the case of
Beverly Hills High School, encased in a tower painted with flowers.
President Barack Obama and congressional Democrats are pulling together
a final version of a health care overhaul bill and pushing for House
votes as early as this coming week. Democrats are awaiting cost
assessments from the Congressional Budget Office that will allow them
to finish details.
Industrial production edged up 0.1 percent in February, beating
expectations and marking the eighth straight monthly increase. But the
key manufacturing sector produced less —for months a rare bright spot —
produced less, muting hopes for a speedy recovery.
A group of Republican senators is questioning high salaries and
expensive travel bills for executives at the Boys & Girls Clubs of
America, raising issues that could jeopardize millions in federal
funding for the national charity.
In recusing himself after two weeks of investigating Gov. David
Paterson, Attorney General Andrew Cuomo said there was no "technical
conflict" but described the probe thus far as preliminary and bowed to
pressure that included sinking approval ratings for the man widely
expected to run for governor.
President Barack Obama plans to donate the $1.4 million from his
Nobel Peace Prize to helping students, veterans' families and survivors
of Haiti's earthquake, among others, drawing attention to organizations
he said "do extraordinary work."
European stock markets and Wall Street futures rose Friday after better
than expected figures for U.S. retail sales and eurozone industrial
production helped ease concerns about the pace of economic recovery.
A settlement that could pay up to $657.5 million to more than 10,000
ground zero rescue and recovery workers sickened by dust from the
destroyed World Trade Center goes before a judge Friday, and he has
said he favored a settlement but planned to analyze it carefully to
make sure it was fair.