Today's News Tips: July 12, 2012

Today’s News Tips. Your Independent Breakdown of Today’s News Tips.

POLITICO – Upset in the Making in TX Senate Race
Tea Party favorite Ted Cruz is leading the current Lt. Gov. David Dewhurst in the latest poll conducted by the same pollster who signaled a Dick Lugar loss.

LA Times – US Energy Efficiency 9th out of 12 Most Developed Countries
The US only outpaces Brazil, Canada, and Russia as we have made “limited or little progress toward greater efficiency.”

Sac Bee – CA Voters Worn Out on Congress and Party
CA voters gave Congress a 17% approval rating, nearly half saying that one party should control Congress and the White House, only 37% of Dems support the actions of their party in DC.

IVN – At Least 5 Million Eligible Voters Disenfranchised By Process
The Brennan Center for Justice at NYU Law released a study showing the methods in which voters are kept from the polls and how many individuals they effect.

Salon – McDonalds Has Exclusive Rights to Sell French Fries at Olympics
The fast food chain is the only restaurant allowed to sell fries to Olympic spectators at the games after a deal with the IOC. Unless served with fish.

Bloomberg – Import Prices Drop 2.7%
The import-price index fell several points in its biggest one month plunge since Dec 2008. The index follows the price of goods imported into the US.

Slate – Amazon Pushing for Same Day Delivery
The online sales giant is planning to unveil same day delivery as it starts charging sales tax on their transactions in the majority of American states.

Bloomberg – Wells Fargo Settles for $125M in Discrimination Lending Suit
The lender discriminated against minority members by giving them more expensive nonprime loans and discretionary fees between 2004 and 2009.

The Daily Beast – What Geithner Could Have Done About LIBOR
Speculation has swirled around what the Treasury Secretary knew as the head of the New York Fed. Several reports show knowledge of problems with the rate and no action.

POLITICO – Obama: Romney Either a Felon or Liar About Bain Position
Obama’s team stated that Romney either falsified SEC filings, a felony, or is misrepresenting his position at Bain to the American public.