FROM Tyson Slocum
Volkswagen Fraud Volkswagen’s CEO has apologized after news that the German automaker has been deliberately cheating on smog tests. Since 2009, nearly 500,000 diesel-powered Audis and Volkswagens have been pre-installed with illegal software known as “defeat devices.” The software detects when the car is in for smog testing, and only then do emissions control systems kick in that allow the car to pass the test. But on the open road, the cars produce up to 40 times as much pollution as allowed by the Clean Air Act.
BP on the Capitol Hill Hot Seat Before a House sub-committee hearing today, Tony Hayward, the CEO of BP, apologized today to the Gulf coast, all Americans and angry members of Congress, some of whom called on him to resign. They asked if BP cut corners to save money. Were warnings of trouble ignored? But it turned out there were more questions than answers. We hear more of today's hearing, and how the claims process is shaping up. Is Washington too tough on BP or not tough enough?
BP on the Capitol Hill Hot Seat At a House sub-committee hearing today, Tony Hayward, the CEO of BP, apologized to the Gulf coast, all Americans and angry members of Congress, some of whom called on him to resign. They asked if BP cut corners to save money. Were warnings of trouble ignored? But it turned out there were more questions than answers. Members of both parties gave Hayward a hard time, but one Texas Republican accused the Obama White House of a $20 billion "shakedown." We hear more of today's hearing, and how the claims process is shaping up. Is Washington too tough on BP or not tough enough?
The Gulf Oil Spill: From Bad to Worse BP now claims it’ll stop its undersea oil gusher by sometime next week, but the federal government is demanding more information about the extent of the spill. The oil slick is finally reaching populated areas on shore, and plumes of oil are circulating deep in the ocean. What are the risks to marine life and human health? Why is BP in charge of the clean-up operation? Should the Obama Administration take over? We’ll update the latest damage and try to find out what’s ahead as the disaster continues to grow.
The Gulf Oil Spill: The Environment, the Economy and the Politics For almost two weeks, the Gulf Coast has been in a state of high anxiety, as the oil slick gets closer and closer to shore and grows larger and larger. We speak with industry experts and environmentalists.
The Gulf Oil Spill: The Environment, the Economy and the Politics From the Gulf Coast to the White House to the offices of the British oil giant BP, the word is " unprecedented ." Nobody's ever seen anything like this before. As an already massive slick moves toward the shoreline, it continues to grow -- and it may take weeks to shut off the gushers 5000 feet below. Just a month ago, President Obama lifted the moratorium on new off-shore drilling, saying a competitive economy still needs energy from fossil fuels. What's the worst-case scenario for wildlife, commercial fishing and recreation? Will the impending disaster be bad enough to change the equation?
Is There a Campaign-Season Ploy behind Falling Gas Prices? For months, energy consultants warned that increasing gasoline prices might never come down. Now, some of those same consultants say there might be a dramatic plunge after all. As prices decline, President Bush's poll numbers are inching up. A Gallup poll shows that 42% of Americans think that gas prices are falling because of manipulation by the Bush Administration. Oil experts sneer at the idea of such a conspiracy, saying that market forces are too complex and involve too many people.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.