Obama defends phone-record seizure

by -NO AUTHOR- -- (NBC NEWS) The Obama administration is defending the policy of gathering phone records from American citizens while neither confirming nor denying a report that the National Security Agency more…

TSA drops plan to allow small knives on planes

by -NO AUTHOR- -- (Associated Press) The Obama administration said Wednesday it was abandoning a plan that would have let passengers carry small knives, souvenir bats, golf clubs and other sports equipment more…

Monsanto modified-wheat mystery deepens

by -NO AUTHOR- -- (New Scientist) Investigations continued this week into how unauthorized genetically modified wheat ended up on a farm in Oregon. No varieties of GM wheat have been cleared for more…

2 IRS staffers placed on leave

by -NO AUTHOR- -- (THE HILL) The IRS has placed two staffers on administrative leave for inappropriate behavior at a 2010 conference in California and has initiated the process to dismiss them, more…

J.C. Penney admits to marking up prices

by -NO AUTHOR- -- (ABC NEWS) J.C. Penney admits it is marking up prices just to mark them down again, as part of a return to its original pricing strategy that includes more…

Oil predicted to hit $500 a barrel by 2040

by -NO AUTHOR- -- (OILPRICE) — It’s all doom and gloom for the UK’s Ministry of Defence! Unlike the conservative and relatively optimistic reports published by the government, a recent report released more…

IRS lacks receipts for lavish conference

by -NO AUTHOR- -- (WASHINGTON EXAMINER) — The Treasury Department's audit of the Internal Revenue Service's 225 employee conferences that cost taxpayers nearly $50 million might not be accurate or include all more…

IRS chief to taxpayers: Just trust me

by Bob Unruh -- The new chief of the Internal Revenue Service, the feared federal agency now mired in scandal for its admitted targeting of conservatives and its lavish conferences, says he more…