As Coast Guard admiral Thad Allen has explained, sustained pressure readings above 8,000 pounds per square inch (psi) would show that the wellbore is more or less intact, while pressures of 6,000 psi or less would mean there could be major problems:

Since a blowout cap was placed over BP’s damaged oil well in the Gulf of Mexico last weekend, there have been repeated delays in the so-called “well integrity tests” to determine whether the cap can be effective in holding back the oil.

Bank of America and other U.S. banks may introduce new fees on basic services and eliminate free checking to replace revenue lost to new banking regulations, the Wall Street Journal said.

A record number of Americans lost their homes to foreclosure in May. Almost 94,000 homes were seized by lenders as banks continue to work through a massive backlog of distressed properties.

Events are revealing that many of the things we take for granted, like bank accounts, fuel and food, are vulnerable...

A close advisor to Bill Clinton during his White House tenure dropped a bombshell this week on the seventeenth anniversary of the Waco siege.

Drug and chemical giant Bayer AG has admitted that there is no way to stop the uncontrolled spread of its genetically modified crops.

“Foreclosure activity in the first quarter of 2010 followed a very similar pattern to what we saw in the first quarter of 2009: a shallow trough in January and February followed by a substantial spike in March,” said James J. Saccacio, chief executive officer of RealtyTrac.

All the problems related to medical care can be traced to a revised and perverse new definition of human rights.

Today, that culinary voodoo is being crafted by white-coated scientists toiling in pristine labs, rearranging atoms into chemical particles never before seen.