Price of oil settles at less than $50 per barrel
WALL STREET JOURNAL: Oil prices continued to trend downward on Thursday.
From the Wires
Taxpayer advocate: Don’t turn to IRS for help
TIME: Report states the IRS is offering the least amount of customer service it has since 2001.
Obama aims to increase spending in budget proposal
BLOOMBERG: The president’s budget requests should cause a fight with the now Republican-led Congress.
US retail sales lower than expected
BLOOMBERG: Expectations for the economy were tempered by underwhelming December numbers for purchases.
Elon Musk talks company’s interest in Mars, satellites
BLOOMBERG: The young billionaire said he had like to see an engineering office in Seattle that focuses on building and employing satellites.
Republican congress takes aim at Obama’s immigration policies
ASSOCIATED PRESS: The GOP contends the president’s executive actions were unconstitutional.
Obama calls for cybersecurity legislation
REGISTER GUARD: The proposed laws would encourage private companies to share information with Homeland Security.
Backups at West Coast ports ‘no longer sustainable’
BLOOMBERG: Shippers hint that work stoppage at five largest ports is possible.
FAA, CNN reach deal to allow newsgathering drones
HOLLYWOOD REPORTER: The cable network and the federal administration announced the deal on Monday.
Investors indicate comfort in Greece not leaving Euro
ASSOCIATED PRESS: The Greek markets stabilized two weeks ahead of elections.