BBC Business Headlines

Goldman Sachs fined £20m by FSA
Wall Street banking giant Goldman Sachs is fined £20m by the UK's financial watchdog, the BBC learns.

Rig firms hit back at BP report
Contractors who worked for BP on the ill-fated Deepwater Horizon oil rig criticise the company's report into the Gulf of Mexico oil spill.

Shoppers turning to card payments
The number of cash machines in the UK has fallen and withdrawals have dropped as shoppers turn to cards, figures show.

Empty shops highlighting 'divide'
The number of shops closing in Britain is slowing but a north-south divide has emerged, a survey by retail analysts the Local Data Company suggests.

US economic growth 'decelerating'
US economic growth showed "widespread signs of deceleration" in August, says the Federal Reserve's Beige Book.


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NY Times Economix

Nearly 5 Jobless Workers Per Opening in July
That's a better ratio than what the economy showed earlier this year, but it still shows persistent softness in the United States labor market.

The Thoughtful Roar of the Housing Bears
Bloggers expand on the case for gloom in the real-estate market.

What We're Reading: Lying Pants
Links from around the Web.

New York State Still Has Highest Unionization Rate
A new report looks at the organized labor in the Empire State and around the country, and how its size and composition have changed over the years.


Paul Krugman
For Douglas Holtz-Eakin
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Buy the Book


Who Turned Out the Lights?: Your Guided Tour to the Energy Crisis
by Scott Bittle and Jean Johnson

Published by Harper

Read Excerpt

From the editors of PublicAgenda.org comes an entertaining, irreverent, and absolutely essential nonpartisan guide to the energy crisis

ENERGY: It's a problem that never goes away (despite our best efforts as a nation to ignore it). Why has there been so much talk and so little action? In Who Turned Out the Lights? Scott Bittle and Jean Johnson offer a much-needed reality check: The "Drill, Baby, Drill" versus "Every Day Is Earth Day" battle is not solving our problems, and the finger-pointing is just holding us up.

Sorting through the political posturing and confusing techno-speak, they provide a fair-minded, "let's skip the jargon" explanation of the choices we face. And chapters such as "It's All Right Now (In Fact It's a Gas)" prove that, while the problem is serious, getting a grip on it doesn't have to be. In the end, the authors present options from the right, left, and center but take just one position: The country must change the way it gets and uses energy, and the first step is to understand the choices.

pub date: 2009-10-27 | paperback | 9780061715648