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New Navy submarine completes trials

WASHINGTON, Aug. 9 (UPI) -- The new head of the U.S. Federal Communications Commission is signaling the agency may propose changes to media ownership piecemeal.
FCC Chairman Robert M. McDowell, a former telephone company lobbyist who has been on the commission 69 days, said he would proceed incrementally, rather than with an all-at-once approach, TVWeek.com reported Wednesday.
Such a tact was followed by former FCC Commissioner Michael Powell and struck down by a federal court that found the agency had failed to adequately justify its proposed changes and hold public hearings on them.
McDowell called omnibus media ownership reform "one big kidney stone to pass."
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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