Sunday, June 5, 2011

How The Bush Tax Cuts Blew Up The Deficit And Debt

Trade group says US service sector grew in May

WASHINGTON – The U.S. economy's service sector, which employs 90 percent of the nation's work force, grew in May for an 18th straight month, posting slightly faster growth than in April.
The Institute for Supply Management said Friday that its index tracking the health of service companies increased to 54.6 in May from 52.8 in April.

In February, the index hit a five-year high with a reading of 59.7, but it fell in March and April as the service sector was battered by the sharp jump in energy prices. Any reading over 50 indicates expansion in the sector.

L.A. Unified to give leftover meals to nonprofits that feed needy

L.A. Unified can't escape celebrity chef's dramaThe Los Angeles Unified School District has offered up to 21,000 uneaten meals it has each day to nonprofit organizations that feed the hungry.
"We are very excited to have the opportunity to share," said Dennis Barrett, head of the district's food services. "We really don't want any food to go to waste.

Trash-to-fuel outfit Enerkem rakes in $60 million

Enerkem today said that it raised $60 million from fuel refiner Valero and others to build plants that convert municipal waste to biofuels. Enerkem gasifies waste and then uses a catalyst to convert the sythetic gas to fuel or other chemicals.

A 10-million gallon Enerkem plant can convert 115,000 tons of non-recyclable trash per year.


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