Former Dick Armey aide indicted for helping Jack Abramoff
KBR forms new business group KBR Inc. has formed a new government, defense and infrastructure business group. The group will serve the Houston engineering, construction and services company’s customers in North America, the Middle East, United Kingdom and Australia.
Guaranty Bank of Austin, 81st bank failure of '09 Guaranty Bank of Austin, Tex. became the 81st bank failure of 2009 after it was closed by Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corp. as receiver, the federal agency said late Friday. The FDIC said it has entered into a "purchase and assumption agreement" with BBVA Compass of Birmingham, Ala.
AP source: White House projects lower deficit The federal budget picture will look slightly better next week. Relatively speaking. The White House plans to announce the federal deficit will still be a record breaker, at $1.58 trillion, for the current 2009 fiscal year. But the amount is about $262 billion less than officials predicted earlier this year.
Obama Sends Video Greetings For Ramadan
US President Barack Obama has welcomed the beginning of the Islamic holy month of Ramadan in a video address posted on the White House website.
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