10th U.S. bank fails in the year

The 10th U.S. bank that failed in the year is Integrity Bank of Alpharetta, Ga. and the bank announced closing on Friday. The bank’s basic business is of real estate lending and Regions Bank of Birmingham, Ala., has taken the Integrity Bank’s insured and uninsured deposits.
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Companies shutting oil drilling areas of Gulf

Companies are preparing for the upcoming dangers posed by the tropical storm of the summer season, Gustav. The oil companies Royal Dutch Shell Plc and BP Plc have planned to complete shutting the oil drilling jobs in the regions.
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Magnesium Sulfate linked to Cerebral Palsy in babies

The mothers who have increased chance of preterm babies generally take the Magnesium Sulfate therapy and the doctors found that the mothers taking the treatment had less chance of babies having cerebral palsy.
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Gustav could gain strength to be Category 3 hurricane

The tropical storm Gustav reached the Cayman Islands and it headed towards Cuba and it is expected that the storms will gain strength to be Category 3 hurricane before it hits the U.S. Gulf Coast.
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