Page 4 - Engineering Problem News Today

to testify soon. and that day has come. well tell you which airline will let you use a cell phone during your flight. dramatic new developments today in the battle between washington and wall street. an fbi source tells cnn the government is looking into the $2 billion trading loss by one of the nations largest banks, jpmorgan chase. today bank ceo jamie dimon assured shareholders that jpmorgan chase is strong and can with stand the loss. he was speaking today in tampa and played d...

there a big, new chill in relations between russia and the u.s.? its all about one man. ill explain. next up, where does innovation come from? well ask the man who totally reinvented a household appliance you use every week or at least you should. then a look at jobs, inequality, and the economy with the nobel prize-winning economist michael spence. finally, think you can solve the euro crisis? well tell you how you can try. first, heres my take. this is thanksgiving week in am...

there a big, new chill in relations between russia and the u.s.? its all about one man. ill explain. next up, where does innovation come from? well ask the man who totally reinvented a household appliance you use every week or at least you should. then a look at jobs, inequality, and the economy with the nobel prize-winning economist michael spence. think you can solve the euro crisis? well tell you how you can try. first, heres my take. this is thanksgiving week in america, an...

Glitch. 63 million dollars. thats how much it will cost the u.s. astronaut in 2014 to flyy two and from a international space station on a russian spacecraft. >> they have a biggest contract charge and 56 million and now that we are overa barrel. russia wants more. >> brian: us the space plane. threat of a nuclear disaster in japan may affect americas energy policy. we have details on what else we could be dealing with. hey, william. >>reporter: there are three concerns. the engineering problem ...

Plan for the gulf of mexico, and not one time in the 582-page plan buzz bp lay out a method for controlling the gusher after a blowout occurs. the blowout wasnt a possibility. in a recent interview with the financial times you admitted what is undoubtedly true is we did not have the tools you would want in your tool kit. my question to you is very simple. why not? why werent you prepared? why did you elevate profits over safety? >> i dont believe we did elevate profits over safety. what i was re...

>> but -- but you and i have spoken on the phone, professor, and i know -- >> yes. >> -- youre concerned about the whole structural quality of this rig that is out there right now. tell me what your worst-case fears are? >> well, let me explain for your listeners that a well is actually sort of a very fragile system in which the pipe goes through the rock and quite complex. and my concern, my fear, is that the integrity of that well has, in fact, been compromised by the blowout and by other acti...

Basic reason, which is that president obama right from the start said to the private industry, look, dont go after us on this. im not going to go after you. you dont go after us. >> he said, i would deliver a very large customer base for you, who would be insured largely with federal dollars. >> i dont think his idea was to bring business to him, but to avoid a massive lobbying onslot. without a deeper change of the health delivery system which we never discussed really in the past year, were no...

That president obama right from the start said to the private industry, look, dont go after us on this. im going to go after you. you dont go after us. >> he said, i would deliver a very large customer base for you, who would be insured largely with federal dollars. >> it was to avoid a massive lobby and onslaugt. without a deeper change of the health delivery system which we never discussed really in the past year, were not going to get the costs in a meaningful way under control. >> whats wron...