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Apr 16, 2011

Obama’s oil spill chief reflects a year later

HOUSTON (Reuters) – The man the Obama administration chose to lead the fight against the worst offshore oil spill in U.S. history gave BP Plc credit for capping its stricken well but criticized its shoreline cleanup efforts.

Retired Coast Guard Admiral Thad Allen was the face of the federal government’s response to the disaster, which held the world’s attention during the 87 days that London-based BP’s mile-deep Macondo well spewed more than 4 million barrels of oil into the Gulf of Mexico.

Apr 8, 2011

Southwest Airlines sees narrow concern over 737 jet

DALLAS (Reuters) – Southwest Airlines is willing to expand inspections for its older Boeing 737 aircraft but sees no reason for concern a week after one of its jets made an emergency landing with a hole in its fuselage, the discount carrier’s chief executive officer said on Friday.

An older-model Southwest Airlines 737-300 was forced to make an emergency landing in Arizona on April 1 when a 5-foot tear opened up in its fuselage 20 minutes after takeoff.

Apr 8, 2011

Fed’s policy divide seen in views of two officials

, April 8 (Reuters) – Dueling views
on the outlook for inflation and U.S. monetary policy by two
top Federal Reserve officials on Friday underscored divisions
at the central bank as it nears the end of a controversial
stimulus program.

In comments that reflect the majority view at the Fed –
including Chairman Ben Bernanke — Atlanta Fed President Dennis
Lockhart said it was unlikely that recent spikes in commodity
costs will lead to runaway increases in prices.

Apr 8, 2011

SEC’s Schapiro: private co’s review in early stages

DALLAS/WASHINGTON, April 8 (Reuters) – U.S. securities
regulators are in the early stages of reviewing rules governing
share issuances by private companies, Securities and Exchange
Commission Chairman Mary Schapiro said on Friday.

“Many of the rules we have in place governing the offering
process are decades old,” she told an audience of business
journalists in Dallas. “It makes sense for us … to take a
look at whether our rules have kept pace with changing market
dynamics.”

Mar 22, 2011

SXSW goes high-tech to cut through media clutter

, March 22 (Reuters) – Twenty-five years after
the South by Southwest Music festival emerged as a showcase for
new bands, it has become as big and eclectic as pop culture
itself with spotlights on movies and, increasingly, high-tech.

Fans flocked to this college town for the event known as
SXSW to catch performances by some of music’s biggest acts –
Kanye West, the Strokes and the Foo Fighters — and to hear
legends like Yoko Ono and Bob Geldof reflect on their careers.

Mar 4, 2011

Obama pays tribute to NASA’s oldest space shuttle

HOUSTON (Reuters) – U.S. President Barack Obama on Thursday paid homage to NASA’s oldest space shuttle and urged astronauts aboard the International Space Station to put their new robotic crew-mate to work.

Obama’s six-minute phone call from the White House to the orbital outpost 220 miles (350 km) above Earth came during shuttle Discovery’s 10-day stay at the station, the shuttle’s 39th and final mission.

Mar 1, 2011

U.S. astronauts venture outside station for spacewalk

HOUSTON (Reuters) – Two NASA astronauts ventured outside the International Space Station on Monday to prepare the orbital outpost for life after the United States retires its fleet of three space shuttles.

Astronauts Stephen Bowen and Alvin Drew, who arrived at the space station on Saturday aboard the shuttle Discovery, returned to the station’s airlock after spending about 6-1/2 hours in space.

Feb 28, 2011

Astronauts venture outside station for spacewalk

HOUSTON (Reuters) – Two NASA astronauts ventured outside the International Space Station on Monday to prepare the orbital outpost for life after the United States retires its fleet of three space shuttles.

Astronauts Stephen Bowen and Alvin Drew, who arrived at the space station on Saturday aboard the shuttle Discovery, returned to the station’s airlock after spending about 6-1/2 hours in space.

Feb 17, 2011

Fed’s Fisher says won’t support more easing

HOUSTON (Reuters) – A leading Federal Reserve easy money skeptic on Thursday vowed not to back any further Treasury bond buying when the current $600 billion program is complete and said there is evidence price pressures are building.

Dallas Fed President Richard Fisher said he would have voted against the easing effort had he been a voting member when the program was launched in November 2010.

Feb 10, 2011

Wounded U.S. Rep. Giffords speaking again – media

HOUSTON (Reuters) – U.S. Representative Gabrielle Giffords has begun to regain her speech a month after being shot in the head in an assassination attempt, and has even requested toast for breakfast, her spokesman said on Wednesday.

“She is speaking more and more with each passing day, most recently asking for toast,” said spokesman C.J. Karamargin. “The congresswoman is working very hard and clearly it’s paying off.”

    • About Chris

      "Chris has been a journalist for Reuters since 2001, when he joined the Washington DC bureau as a summer intern. As a correspondent in Washington, Chris covered energy policy, reported on Congress, the Supreme Court and federal agencies like the Environmental Protection Agency. As Houston Bureau Chief, Chris oversees a team of five reporters and covers general news topics like the BP oil spill, hurricanes, NASA, and national politics. In addition, Chris oversees a team of Power and Gas reporters in New York and Houston."
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