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Entergy, one of the largest utilities in the U.S., has enjoyed healthy profits since Hurricane Katrina. Yet its New Orleans subsidiary has filed for bankruptcy, and frightened ratepayers with visions of bills bloated to 140% of their pre-storm size. Now the Fortune 500 company is threatening to pull the plug on New Orleans if it doesn't get a $700 million-plus federal bailout it doesn't actually need.
Read MoreThe Northrop Grumman Corporation, the largest builder of warships in the world, was on a charm offensive here Tuesday. Armed with slides and charts, Philip A. Teel, who runs Northrop's shipyards, led a phalanx of executives who laid out their case for another $200 million from Congress to cover losses from Hurricane Katrina.
Read More More emails to and from former FEMA heavy Michael "Brownie" brown have emerged from the week of Hurricane Katrina's landfall, illustrating just how much non-Katrina business was going down as Brown fluffed his hair and the devil bore down on New Orleans. We checked out The Center for Public Integrity's analysis ...
Sources said two Ugandans slipped into a coma due to brutal assaults at the hands of foreign officers at Alasad Airbase after they queried terms of the contract.
Read MoreThrough a partnership with a smaller, minority-owned company, a sprawling multinational firm whose federal contract for travel trailers was up for rebidding has landed four new deals that could be worth $400 million, federal records show.
Read MoreWhile director of the National Security Agency, Gen. Michael V. Hayden contracted the services of a top executive at the company at the center of the Cunningham bribery scandal, according to two former employees of the company.
Read MoreDisney is not renewing its cross-promotional pact with the fast-food giant, ending the arrangement with this summer's release of "Cars" and "Pirates of the Caribbean: Dead Man's Chest." One reason, say multiple high-ranking sources within Disney, is that the company - which prides itself on being family friendly - wants to distance itself from fast food and its links to the epidemic of childhood obesity.
Read MoreI received an urgent update from Charlie Kernaghan over that the National Labor Committee about the situation in Jordan, where a free-trade arrangement has created a labor force of indentured servants, and spawned a human-trafficking industry.
Read MoreIngolf Rossberg is the mayor of this majestic eastern German city. But watching him stride around his ballroom-size office, wreathed in smoke from his cigarillo, one could mistake him for a European real estate tycoon.
The presidents of Argentina, Bolivia, Brazil and Venezuela confirmed their interest in moving together towards regional energy integration, in a summit held Thursday in the northeastern Argentine province of Misiones to discuss the impact of the Bolivian government's decision to reassert state control over the country's energy resources.
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