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Obama administration improves openness
Political and Legal | 2009/09/08 05:35

President Barack Obama's policies on secrecy get higher grades for openness than those of President George W. Bush, yet there's still room for improvement, says a coalition of public interest groups.

In a report issued Tuesday, the coalition says the new administration has made major strides toward more disclosure, including the recent release of Justice Department memos on Bush administration interrogation policies and Obama's embrace of greater openness under the Freedom of Information Act.

The report noted, however, that the government has resisted release of photos from Army interrogation investigations; has not backed away from occasional use of the state secrets privilege; and has argued in court for secrecy regarding the role of former Vice President Dick Cheney in the Valerie Plame affair.

The country elected a president who promises the most open, transparent and accountable executive branch in history and "the record to date is mixed," says the report by OpenTheGovernment.org, a group of 75 public interest groups.

Open government advocates are concerned that much of the Obama administration's review of disclosure issues is taking place in secret.

For example, an interagency government task force is delving into the issue of unclassified information that the government nonetheless keeps under wraps by designating it as "controlled unclassified information," or CUI.



A.P. Moller-Maersk to sell $1.8 billion of stock
Securities | 2009/09/08 05:34

A.P. Moller-Maersk said it's going to sell up to 250,340 treasury B shares, representing approximately 5.7% of the total share capital, to both new and existing institutional investors.

At Tuesday's closing price of 36,900 kroner per B share, the value of the placing shares would be up to 9.2 billion Danish kroner.

A.P. Moller-Maersk dropped 5.4% to 34,900 kroner in early Copenhagen trade.

The firm said the sale would preserve financial flexibility in line with its traditionally conservative capital structure and provide additional flexibility to pursue strategic opportunities. In addition the sale will increase the free float which should increase the liquidity of the B shares -- on average, less than 11,000 shares are traded each day.

The company recently reported its first-ever loss, losing $540 million in the first half of the year as freight rates dropped by 30% and freight volumes fell 7%. It also predicted a loss-making second half.

The firm was thrust into the limelight in April after Somali pirates apprehended the Maersk Alabama. U.S. Navy sharpshooters ended the siege by killing the pirates and freeing the ship's captain.



Ahead of the Bell: Consumer Credit
Business | 2009/09/08 04:33

Consumers, confronting job losses and weak income growth, likely cut back on their borrowing for a sixth consecutive month in July.

Consumer borrowing likely fell by $4.5 billion at an annual rate in July, according to economists surveyed by Thomson Reuters. The Federal Reserve is scheduled to release the report at 3 p.m. EDT Tuesday.

In June, consumers slashed their borrowing at a rate of $10.3 billion, marking another month where households cut back sharply on their use of credit cards and other types of loans amid the longest recession since World War II.

In April, consumers trimmed borrowing at a rate of $17.4 billion, the largest amount on records that date to 1943.

Widespread job losses, declining home values and shrunken stock portfolios have contributed to Americans' more thrifty mood.

The Labor Department reported last week that the unemployment rate jumped almost a half a point to 9.7 percent in August, the highest since 1983. Many economists believe the rate will hit 10 percent before the end of this year and will remain elevated levels for some time.




Woman fined in Sudan for wearing pants
International | 2009/09/08 02:32

A Sudanese woman who wore pants in public was fined the equivalent of $200 but spared a whipping Monday when a court found her guilty of violating Sudan's decency laws.

Arriving at court Monday, Lubna Hussein wore the same pants that had led to her arrest for indecency. A defiant Lubna Hussein said she would not pay the fine and would take a month in prison instead to protest Sudan's draconian morality laws.

The 34-year-old journalist has set out to challenge the police and courts since her arrest in July by insisting the case go to trial, aiming to embarrass the Khartoum government with the publicity. Her prosecution – and the prospect that she could get the full sentence of 40 lashes – drew an international outcry.

Hussein vowed to appeal the sentence and even walked into the court wearing the same pair of loose-fitting green slacks that she was arrested in.



Court: Microsoft OK to sell Word during appeal
Breaking Legal News | 2009/09/08 02:25

The U.S. Appeals Court for the Federal Circuit says Microsoft Corp. can keep selling its Word desktop software as it appeals an unfavorable patent ruling.

In May, a Texas district court said some versions of Microsoft's word processing software infringe on a Canadian technology company's patent. The dispute is over the way Word 2003 and Word 2007 let users customize document encoding.

The Texas judge had ordered Microsoft to pay Toronto-based i4i LLP $290 million and stop selling infringing versions of Word by the middle of October.

Redmond-based Microsoft has appealed the ruling and is set to present arguments on Sept. 23.



Calif. seeks stay of inmate-release court order
Breaking Legal News | 2009/09/03 09:54

The Schwarzenegger administration on Tuesday asked the federal courts to delay an order requiring California to reduce its inmate population over the next two years.

Last month, a special three-judge panel gave California 45 days to decide how it will cut the number of inmates in its 33 adult prisons by more than 40,000, bringing the population to about 110,000. They found that reducing the number of inmates in California's 33 adult prisons was the only way to improve medical and mental health care, which the courts previously ruled was so poor it violated inmates' civil rights.

The administration maintains that the courts cannot order the state to release prisoners and plans to file an appeal with the U.S. Supreme Court on Thursday.

Meanwhile, the administration wants the three-judge panel to stay its decision ordering the prisoner release. That motion was filed Tuesday with federal courts in Sacramento and San Francisco.

If the three California-based federal judges will not delay their order, Schwarzenegger spokesman Aaron McLear said the administration will seek a stay from the nation's high court.



Justice Stevens' hiring at high court slows
Breaking Legal News | 2009/09/03 09:54

Supreme Court Justice John Paul Stevens has hired fewer law clerks than usual, generating speculation that the leader of the court's liberals will retire next year.

If Stevens does step down, he would give President Barack Obama his second high court opening in two years. Obama chose Justice Sonia Sotomayor for the court when Justice David Souter announced his retirement in May.

Souter's failure to hire clerks was the first signal that he was contemplating leaving the court.

Stevens, 89, joined the court in 1975 and is the second-oldest justice in the court's history, after Oliver Wendell Holmes. He is the seventh-longest-serving justice, with more than 33 years and eight months on the court.

In response to a question from The Associated Press, Stevens confirmed through a court spokeswoman Tuesday that he has hired only one clerk for the term that begins in October 2010. He is among several justices who typically have hired all four clerks for the following year by now. Information about this advance hiring is not released by the court but is regularly published by some legal blogs.

Stevens did not say whether he plans to hire his full allotment of clerks or whether he will leave the court at the conclusion of the term that begins next month. Retired justices are allowed to hire one clerk.



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