Financial regulators have built an elaborate computer apparatus to scan stock markets for signs of insider trading, but the radar isn’t pointed at Congress. Instead, it is designed to detect more conventional forms of insider trading — a corporate lawyer acting on advance word of a merger or an accountant leaking details about a company’s earnings. A senator who calls his broker after receiving a closed-door briefing might not even raise a blip. Read full article > >

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For SEC, investigating insider trading in Congress presents complications

President Obama will send Congress a 2013 spending plan that would raise taxes on the rich and pump nearly $500 billion into new construction projects over the next decade, launching an election-year debate over the budget that promises starkly different visions for managing government debt and the sluggish economy. Read full article > >

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Budget to raise taxes on the rich, hike federal spending

I t’s easy to frame the fight over SOPA and PIPA as Hollywood vs. Silicon Valley — two huge industries clashing over whose voice should dictate the future of Internet policy — but it’s absolutely wrong. The bills are dead , thanks to widespread protest. But the real architects of the bills’ defeat don’t have a catchy label or a recognized lobbying group. They don’t have the glamour or the deep pockets of the studios. Yet they are the largest, most powerful and most important voice in the debate — and, until recently, they’ve been all but invisible to Congress. Read full article > >

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We are the media, and so are you

Google is reportedly prepping a cloud-drive competitor to services such as Dropbox. According to a report from the Wall Street Journal, the company is planning to roll out a storage locker in “weeks or months.” Read full article > >

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Report: Google plans cloud-storage service

The Nuclear Regulatory Commission is widely expected to approve on Thursday a construction and operating license for new nuclear power reactors for the first time since 1978, giving Southern Co. the green light to build two new units at its existing Vogtle site in Georgia. Read full article > >

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NRC expected to give Georgia nuclear reactors the green light

The Washington Post announced Wednesday that it would extend buyout offers to newsroom staff members in an effort to reduce the paper’s payroll. It is the fifth in a series of buyouts that have helped reduce the size of the staff by more than a third over the past decade as circulation and advertising revenue have fallen. Read full article > >

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Washington Post offers buyouts to newsroom staff in effort to reduce costs

Business Secretary Vince Cable is in a political stand off after his nomination for the university access chief was turned down by MPs.

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Cable stands by fair access chief

George Osborne promises to fight an “anti-business culture”, warning that the row over bonuses and pay threatens to undermine jobs and prosperity.

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Bonuses row ‘threatens business’

Chairman Roy Bostock and others expected to step down.

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Four Board Members Ditch Yahoo

Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient.

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Mortgage Tornado Warning, Unheeded

Just before 1:30 p.m. Aug. 3, a frustrated President Obama gathered Gene B. Sperling and the economic team in the White House and told them to design a jobs package he could offer the American public. Obama had spent much of the year locked in negotiations with Republicans over the national debt, with little to show for the effort but a sagging approval rating. He had wanted to argue publicly for ideas to create jobs, but hesitated in the midst of negotiations. Liberal critics reprised a familiar critique of the Obama White House: that it too often bows to political constraints and forfeits what’s right for what’s possible or easy. Read full article > >

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Gene B. Sperling: Obama’s jobs creator

Stocks react to positive jobs numbers.

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Dow Has Best Day Since Crash

Stocks react to positive jobs numbers.

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Dow Has Best Day Since Crash

It’s time to take back the pink. And pay more attention to the red. It’s time to declare that the Susan G. Komen Foundation, which just ‘revised its revision of its funding policy,’ or something like that, no longer owns that color. And neither, though I myself am a breast-cancer survivor, does the breast cancer cause. Read full article > >

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Komen no longer owns pink

Perpetual gadflies Anonymous released a recording between agents at the Federal Bureau of Investigation and Scotland Yard on Friday in which the two agencies discuss anti-hacking operations. The FBI issued a statement acknowledging that the call is valid, saying that a criminal investigation is underway, ABC News reported . In a statement to the Guardian , Scotland Yard also confirmed the call was real, saying that “no operational risks to the [Metropolitan Police Service] have been identified.” Read full article > >

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Anonymous releases FBI, Scotland Yard call