American
Americans make their voices heard at congressional offices
Lawmakers from the Gulf Coast and other areas indicated that their offices were swamped with calls and emails from constituents weighing in on the congressional debate over lifting the nation's debt limit. President Obama's latest speech asked Americans "to make your voice heard," and the public responded in force, causing some websites to crash and switchboards to operate at maximum capacity. Full article.
Retailers sold on frugality
American retailers are becoming as frugal as their customers, cutting expenses to maintain stable profits through what is increasingly looking like another challenging holiday season. Full Article. (Registration Required).
BP: It’s official—Hayward out, Dudley in as CEO
It’s official. Tony Hayward, who became the face of BP's flailing efforts to contain the massive Gulf oil spill, will step down as chief executive in October to work with the company's joint venture in Russia. Bob Dudley, an American, will become BP’s CEO. Full Article.