Many of the oil services companies employed when new fields are developed have been laying off workers, and oil companies have been taking write-downs of their assets.
Jay Clayton represented big banks and corporations as a law partner at Sullivan & Cromwell. At the Securities and Exchange Commission, he will be expected to police such companies.
Price (pictured, right), head of the Department of Health and Human Services, traded stocks of health-related companies while working on legislation affecting the firms. An unnamed source says Bharara was overseeing an investigation.
A progressive leader decried Jay Clayton's nomination as "yet another example of Trump betraying his own voters by turning over our economy to giant corporations and Wall Street."
Machines are "always polite, they always upsell, they never take a vacation, they never show up late, there's never a slip-and-fall, or an age, sex, or race discrimination case," says the parent company's $17,192-a-day chief executive.
The head of the Securities and Exchange Commission says she will replace the chair of a group formed to keep auditors of publicly traded companies honest with someone likely to be more amenable to corporate interests.
The Securities and Exchange Commission just ruled that large publicly held corporations must disclose the ratios of their top executives' pay to the average pay of their workers.
The phrase "regulatory capture" shrouds a serious problem in vaguely academic jargon, making it seem like unimportant esoterica rather than anything noteworthy.
A look at the day's political happenings, including the first charges filed in the deadly Benghazi terrorist attacks and a look at the donations of The Washington Post's new owner.
A look at the day's political happenings, including President Obama naming a new SEC head and Joe Biden dispensing some interesting earthquake advice during a Google+ "Fireside Hangout."