BARACK OBAMA

Ally Financial Weighs Sale as IPO Looks Bleak

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Ally Financial is weighing a sale of all or part of its auto lending and banking businesses, as an initial public offering looks increasingly remote and the U.S. government seeks to recoup some $17 billion in bailout money, sources familiar with the situation said.
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The Cobra Nav One 5000 portable mobile navigation system is displayed at the Consumer Electronics Show (CES) Unveiled event in Las Vegas, Nevada January 5, 2008.

Distracted Driving: The Dept. of Transportation's Attempt to Curb a 'Dangerous and Deadly Habit'

The United States Department of Transportation on Thursday released the first potential federal guidelines that entice automakers to reduce potential distractions for drivers in cars. U.S. Transportation Secretary Ray LaHood said the voluntary guidelines would be enforced in areas of in-car electronics, entertainment communications and navigation systems that are not necessary for a vehicle's operation.
Bruins coach Claude Julien and the rest of the team need to find a way to right the ship after floundering for the last month.

What's Wrong with the Boston Bruins?

The Bruins are 7-7-1 in their last 15 games and are looking like a team that will have a hard time repeating as champions without some changes.
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Obama Birth Control Mandate Stokes Partisan Strife

Democrats and Republicans sparred Thursday during a House hearing on the Obama administration's mandate that all health insurance plans cover birth control, underscoring how the issue has become politically potent and divided lawmakers along party lines.
U.S. Vice President Joe Biden waves during his arrival at the Athens Eleftherios Venizelos airport in Athens

Joe Biden Accidentally Tells the Truth

Good 'ole Joe. You can always count on him to say what he shouldn't. Remember when the revolution was underway in Egypt? In stepped Joe to praise Hosni Mubarak, the Egyptian dictator.
Leader of China Xi Jinping and President Barack Obama.

Xi Jinping: New Friend of the U.S.?

Xi Jinping's visit to the United States is all the rage as Washington scurries to get a better impression of the presumed successor of President Hu Jintao. However, it would be premature to judge Xi's comfortable and amicable style as a sign of any weakness.
US Capitol

Congress Reaches Payroll Tax Cut Extension Deal

A payroll tax cut for 160 million Americans, set to expire at the end of this month, would be extended through December under a bipartisan deal announced early on Thursday by U.S. congressional leaders.
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President Obama Talks to Hollywood Friends

President Obama took the stage at television producer Bradley Bell's house Wednesday, telling about 1,000 supporters that the economy is rebounding and that when he took office, we didn't realize how profound the nature of the crisis was.
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Obama courts dueling industries after piracy flap

President Barack Obama traveled to California on Wednesday for the first time since anti-piracy legislation pitting Hollywood against the tech sector got derailed, ramping up his election-year fundraising with events courting both dueling industries.
Fiscal stimulus measures amounting to about 5 percent of GDP will expire in 2013 unless Washington renews them

Payroll Tax 'Deal Is Done' in Major Victory for Obama

Negotiators Wednesday evening reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.
U.S. President Barack Obama listens to China's Vice President Xi Jinping during their meeting in Washington

Xi Jinping Defends China's Human Rights Record

Xi Jinping defended China's human rights record during his meeting with President Barack Obama on Wednesday. The Chinese Vice President admitted that his country could do more in the area, but added that the United States should respect China's human rights developments.
World Bank President Zoellick attends a session at the World Economic Forum in Davos

World Bank President? 5 Picks for Obama

President Barack Obama has the chance to change world economic development when he selects the next President of the World Bank, the outgrowth of World War II-era plans to use rich counties to spearhead economic growth.

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